LandBridge (LB) Debt Ratio (2023 - 2026)
LandBridge's (LB) Debt Ratio stood at 0.39 in Q2 2026, up 11.8% from 0.35 a year earlier but down 1.1% from the prior quarter.
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Analysis
LandBridge (LB) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, LandBridge's Debt Ratio came in at 0.41, up 11.1% from FY2024.
- Across earlier years, Debt Ratio came in at 0.37 in FY2024 (-17.1%) and 0.45 in FY2023.
- Quarterly Debt Ratio has ranged from 0.34 in Q3 2025 to 0.56 in Q2 2024 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for three consecutive quarters, with an average decline of 6.5% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at 0.39 (Q1 2026), 0.41 (Q4 2025) and 0.34 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 0.39 |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 0.24 |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 0.60 |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | - |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.39 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.56 |
| Dec 31, 2023 | 0.45 |
API Access
LandBridge Debt Ratio 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=debt-ratio&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();