LandBridge LB
NYSE LB
$86.76 -1.59 (-1.80%)
As of: Sep 9, 2026 · 3:59 PM EDT

LandBridge (LB) EBITDA Margin (2023 - 2026)

LandBridge's (LB) quarterly EBITDA Margin came in at 66.07% in Q2 2026, up 610.0% on a YoY basis from 9.3% in Q2 2025, and up 15.49% quarter-over-quarter from 57.21% in Q1 2026.

Analysis

LandBridge (LB) EBITDA Margin (2023 - 2026) Analysis & Trends

LandBridge (LB) has reported EBITDA Margin for 4 consecutive years, with 66.07% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin rose 610.0% year-over-year to 66.07%; the trailing twelve-month figure through Jun 2026 stood at 61.34% (up 1306.0% YoY), and the FY2025 full-year result was 59.52%, up 7217.0% from the prior year.
  • EBITDA Margin advanced to 66.07% in Q2 2026 per LB's latest filing, from 57.21% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 208.65% in Q2 2023 and bottomed at 197.42% in Q2 2024.
  • Historically, EBITDA Margin has averaged 49.79% across 4 years, with a median of 59.96% in 2025.
  • The sharpest annual moves came in 2024 and 2025: EBITDA Margin slumped 40606 bps in 2024, then soared 25738 bps in 2025.
  • Over 4 years, EBITDA Margin stood at 31.07% in 2023, then surged by 59 bps to 49.37% in 2024, then increased by 22 bps to 60.01% in 2025, then climbed by 10 bps to 66.07% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 66.07%, 57.21%, and 60.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Texas Pacific Land 25.83 Bn 25.58 Bn - 79.91%
2 Eason Technology 6.12 Bn 6.12 Bn - -
3 Opendoor Technologies 2.91 Bn 2.02 Bn 86.00 Mn -16.31%
4 Vesta Real Estate Corporation, S.A.B. de C.V 2.87 Bn 2.87 Bn - 81.02%
5 LandBridge 2.44 Bn 2.40 Bn 65.51 Mn 66.07%
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn -22.61%
7 Frp Holdings 420.67 Mn 420.67 Mn - 13.16%
8 American Realty Investors 250.20 Mn 250.20 Mn - 7.40%
9 Belpointe PREP 186.60 Mn 186.60 Mn - -
10 Star Holdings 114.16 Mn 79.35 Mn 5.31 Mn -84.21%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 66.07%
Mar 31, 2026 57.21%
Dec 31, 2025 60.01%
Sep 30, 2025 60.76%
Jun 30, 2025 59.96%
Mar 31, 2025 58.79%
Dec 31, 2024 49.37%
Sep 30, 2024 11.19%
Jun 30, 2024 -197.42%
Mar 31, 2024 74.26%
Dec 31, 2023 31.07%
Sep 30, 2023 107.33%
Jun 30, 2023 208.65%