LandBridge (LB) EBT Margin (2023 - 2026)
LandBridge (LB) posted EBT Margin of 52.29% for Q2 2026, up 8.90 percentage points from 43.39% a year earlier and up 13.75 percentage points from the prior quarter.
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Analysis
LandBridge (LB) EBT Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at LandBridge was 43.64%, up 15.06 percentage points year-over-year; for FY2025, it came in at 40.92%, up 76.94 percentage points from FY2024.
- In prior years, LandBridge's EBT Margin was -36.02% in FY2024 (-123.22 pp) and 87.21% in FY2023.
- The Q2 2026 figure stands as the highest quarterly EBT Margin since Q1 2024.
- On a year-over-year basis, EBT Margin increased in five of the last eight quarters, with an average year-over-year change of +28.53 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2025, with a gain of 265.00 percentage points; the weakest was Q2 2024, with a drop of 427.67 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 38.54% (Q1 2026), 36.61% (Q4 2025) and 45.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 78.72% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 52.29% |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 65.19% |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 34.69% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 125.86% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -18.35% |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 11.97% |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | 259.97% |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 24.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.29% |
| Mar 31, 2026 | 38.54% |
| Dec 31, 2025 | 36.61% |
| Sep 30, 2025 | 45.24% |
| Jun 30, 2025 | 43.39% |
| Mar 31, 2025 | 38.82% |
| Dec 31, 2024 | 29.92% |
| Sep 30, 2024 | -13.63% |
| Jun 30, 2024 | -221.62% |
| Mar 31, 2024 | 57.21% |
| Dec 31, 2023 | 14.83% |
| Sep 30, 2023 | 94.03% |
| Jun 30, 2023 | 206.06% |
API Access
LandBridge EBT Margin 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=ebt-margin&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();