LandBridge (LB) Capital Expenditures (2023 - 2026)
LandBridge's Capital Expenditures was $1.13 million in Q2 2026, down 8.8% from $1.24 million a year earlier but up 528.3% from the prior quarter.
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Analysis
LandBridge (LB) Capital Expenditures (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, LandBridge's Capital Expenditures was $4.24 million through Jun 30, 2026, up 130.8% year-over-year; for FY2025, it was $4.24 million, up 330.1% from FY2024.
- In earlier years, Capital Expenditures was $985,000 in FY2024 (-64.6%) and $2.78 million in FY2023.
- Quarterly Capital Expenditures has moved between $69,000 (Q1 2025) and $1.74 million (Q4 2025) over five years.
- Compared with a year earlier, Capital Expenditures was higher in six of the last eight quarters, with growth averaging 176.8%.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2025 (growth of 676.8%); the worst was Q1 2025 (a decline of 22.5%).
- Per Business Quant data, LB's Capital Expenditures in the three quarters before Q2 2026 was $180,000 (Q1 2026), $1.74 million (Q4 2025) and $1.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - | 132.02 Mn |
| 2 | St Joe | 3.87 Bn | 3.36 Bn | 73.42 Mn | 8.46 Mn |
| 3 | Millrose Properties | 3.65 Bn | 3.29 Bn | - | - |
| 4 | LandBridge | 2.24 Bn | 2.11 Bn | 65.71 Mn | 1.13 Mn |
| 5 | Opendoor Technologies | 1.97 Bn | -1.85 Bn | 86.00 Mn | 5.00 Mn |
| 6 | Forestar | 1.28 Bn | -66.65 Mn | 84.10 Mn | - |
| 7 | Five Point Holdings | 634.45 Mn | -823.18 Mn | -23.72 Mn | 176,000.00 |
| 8 | Tejon Ranch | 435.85 Mn | 355.47 Mn | - | 8.46 Mn |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 Mn |
| Mar 31, 2026 | 180,000.00 |
| Dec 31, 2025 | 1.74 Mn |
| Sep 30, 2025 | 1.19 Mn |
| Jun 30, 2025 | 1.24 Mn |
| Mar 31, 2025 | 69,000.00 |
| Dec 31, 2024 | 224,000.00 |
| Sep 30, 2024 | 303,000.00 |
| Jun 30, 2024 | 369,000.00 |
| Mar 31, 2024 | 89,000.00 |
| Dec 31, 2023 | 149,000.00 |
| Sep 30, 2023 | 234,000.00 |
API Access
LandBridge Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();