3 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 65.3% per year over the past 2 years.
Operating margin has contracted, at 59.5% in the latest year.
Free cash flow has grown 55.8% per year over the past 2 years.
Financial health
Total debt ($571M) exceeds cash ($31M); net debt is $540M.
Total debt has grown faster than revenue (110.6% vs 65.3% per year).
Total debt is 4.4× EBITDA.
Shareholder returns
Dividends have been paid for 3 consecutive years, consuming 88.0% of earnings and 52.2% of free cash flow.
The dividend has declined 22.2% per year over the past 2 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$199M
$72M
0.0%
59.5%
$122M
$571M
$31M
2024
$110M
-$41M
0.0%
-15.0%
$67M
$385M
$37M
2023
$73M
—
0.0%
96.1%
$50M
$129M
$38M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$51M
$9M
0.0%
57.2%
$41M
$536M
$30M
Dec '25
$57M
$8M
0.0%
60.0%
$36M
$571M
$31M
Sep '25
$51M
$8M
0.0%
60.8%
$34M
$367M
$28M
Jun '25
$48M
$8M
0.0%
60.0%
$36M
$371M
$20M
Mar '25
$44M
$6M
0.0%
57.0%
$16M
$376M
$15M
Dec '24
$36M
$2M
0.0%
49.4%
$27M
$385M
$37M
Sep '24
$28M
$3M
0.0%
11.2%
$7M
$278M
$14M
Jun '24
$26M
-$58M
0.0%
-197.4%
$16M
$396M
$25M
Mar '24
$19M
$11M
0.0%
71.1%
$17M
—
—
Dec '23
$17M
—
0.0%
31.1%
$12M
$129M
$38M
Sep '23
$18M
—
0.0%
107.3%
$16M
—
—
Jun '23
$22M
$45M
0.0%
208.6%
—
—
—
Mar '23
—
-$647000
—
—
—
—
—
Valuation over time
How the market has priced LB against its own fundamentals since 2024-06 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 18.8× (Dec '25) to 23.5× (Jun '26).
The price-to-sales ratio has fallen from 8.7× (Jun '24) to 8.5× (Jun '26).
The dividend yield has fallen from 16.6% (Jun '24) to 3.7% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is LB growing its revenue and profit?
Over the past 2 years, Landbridge Co Llc's revenue has grown 65.3% per year. These are computed facts, not advice.
How much debt does LB have?
As of FY2025, Landbridge Co Llc reported $571M of total debt against $31M of cash.
What is LB's profit margin?
In FY2025, gross margin was —, operating margin 59.5%, and net margin 36.4%.
What is LB's P/E ratio?
As of Jun '26, Landbridge Co Llc traded at a price-to-earnings ratio of about 23.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.