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| Date | Value |
|---|---|
| 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 |