LandBridge (LB) EBT (2023 - 2026)

LandBridge (LB) posted EBT of $19.7 million for Q1 2026, down 5.43% on a QoQ basis from $20.8 million in Q4 2025, and up 15.22% year-over-year from $17.1 million in Q1 2025.

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

LandBridge's EBT history runs 4 years deep, the most recent figure standing at $19.7 million for Q1 2026.

  • Quarterly EBT rose 15.22% year-over-year to $19.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $84.1 million (up 351.52% YoY) and the FY2025 annual result came in at $81.5 million, up 305.7% from the prior year.
  • EBT was $19.7 million for Q1 2026 at LandBridge, down from $20.8 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.
  • A 4-year average of $10.5 million and a median of $16.9 million in 2023 frame the typical range for EBT.
  • Annual changes were most pronounced in 2024 — EBT sank 228.5% — and 2025, when it jumped 692.07%.
  • LandBridge's 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 slipped by 5.43% to $19.7 million in 2026.
  • Business Quant data shows LB's EBT at $19.7 million in Q1 2026, $20.8 million in Q4 2025, and $23.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 956.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 667.64 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 355.80 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 569.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 35.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 75.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 97.68 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 54.83 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 20.62 Mn
10 LandBridge 2.14 Bn 2.11 Bn 49.74 Mn 19.66 Mn

Historic Data

Download Data
DateValue
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