LandBridge (LB) EBT Margin (2023 - 2026)
LandBridge's (LB) quarterly EBT Margin came in at 52.29% in Q2 2026, up 890.0% on a YoY basis from 5.28% in Q2 2025, and up 35.68% quarter-over-quarter from 38.54% in Q1 2026.
Analysis
LandBridge (LB) EBT Margin (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported EBT Margin for 4 consecutive years, with 52.29% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 890.0% year-over-year to 52.29%; the trailing twelve-month figure through Jun 2026 stood at 43.64% (up 1506.0% YoY), and the FY2025 full-year result was 40.92%, up 7694.0% from the prior year.
- EBT Margin rose to 52.29% in Q2 2026 per LB's latest filing, from 38.54% in the prior quarter.
- Across five years, EBT Margin topped out at 206.06% in Q2 2023 and bottomed at 221.62% in Q2 2024.
- Historically, EBT Margin has averaged 32.44% across 4 years, with a median of 38.82% in 2025.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 42767 bps in 2024, then surged 26500 bps in 2025.
- Over 4 years, EBT Margin stood at 14.83% in 2023, then soared by 102 bps to 29.92% in 2024, then increased by 22 bps to 36.61% in 2025, then jumped by 43 bps to 52.29% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 52.29%, 38.54%, and 36.61% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | 78.72% |
| 2 | Eason Technology | 6.05 Bn | 6.05 Bn | - | - |
| 3 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 125.86% |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | -18.35% |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 52.29% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 11.09% |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | -3.83% |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | -19.76% |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | - |
| 10 | Star Holdings | 114.77 Mn | 79.96 Mn | 5.31 Mn | -105.26% |
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% |