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

LandBridge (LB) EBT (2023 - 2026)

LandBridge's (LB) quarterly EBT came in at $35.0 million in Q2 2026, up 69.48% on a YoY basis from $20.6 million in Q2 2025, and up 77.8% quarter-over-quarter from $19.7 million in Q1 2026.

Analysis

LandBridge (LB) EBT (2023 - 2026) Analysis & Trends

LandBridge (LB) has reported EBT for 4 consecutive years, with $35.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT rose 69.48% year-over-year to $35.0 million; the trailing twelve-month figure through Jun 2026 stood at $98.4 million (up 120.02% YoY), and the FY2025 full-year result was $81.5 million, up 305.7% from the prior year.
  • EBT grew to $35.0 million in Q2 2026 per LB's latest filing, from $19.7 million in the prior quarter.
  • Across five years, EBT topped out at $44.8 million in Q2 2023 and bottomed at -$57.5 million in Q2 2024.
  • Historically, EBT has averaged $12.4 million across 4 years, with a median of $17.1 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: EBT tumbled 228.5% in 2024, then surged 692.07% in 2025.
  • Over 4 years, EBT stood at $2.6 million in 2023, then jumped by 321.75% to $10.9 million in 2024, then jumped by 90.36% to $20.8 million in 2025, then jumped by 68.15% to $35.0 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered $35.0 million, $19.7 million, and $20.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Texas Pacific Land 25.83 Bn 25.58 Bn - 193.70 Mn
2 Eason Technology 6.12 Bn 6.12 Bn - -
3 Opendoor Technologies 2.91 Bn 2.02 Bn 86.00 Mn -162.00 Mn
4 Vesta Real Estate Corporation, S.A.B. de C.V 2.87 Bn 2.87 Bn - 98.80 Mn
5 LandBridge 2.44 Bn 2.40 Bn 65.51 Mn 34.95 Mn
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn 13.00 Mn
7 Frp Holdings 420.67 Mn 420.67 Mn - -424,000.00
8 American Realty Investors 250.20 Mn 250.20 Mn - -2.54 Mn
9 Belpointe PREP 186.60 Mn 186.60 Mn - -
10 Star Holdings 114.16 Mn 79.35 Mn 5.31 Mn -20.38 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.95 Mn
Mar 31, 2026 19.66 Mn
Dec 31, 2025 20.79 Mn
Sep 30, 2025 23.00 Mn
Jun 30, 2025 20.62 Mn
Mar 31, 2025 17.06 Mn
Dec 31, 2024 10.92 Mn
Sep 30, 2024 -3.88 Mn
Jun 30, 2024 -57.52 Mn
Mar 31, 2024 10.88 Mn
Dec 31, 2023 2.59 Mn
Sep 30, 2023 16.74 Mn
Jun 30, 2023 44.76 Mn