LandBridge (LB) EBT Margin (2023 - 2026)

LandBridge (LB) reported EBT Margin of 38.54% for Q1 2026, down 28.0% on a YoY basis from 53.53% in Q1 2025, and up 5.28% quarter-over-quarter from 36.61% in Q4 2025.

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

LandBridge has reported EBT Margin for 4 years, with the latest figure at 38.54% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 28.0% year-over-year to 38.54%; the trailing twelve-month figure through Mar 2026 stood at 40.78% (up 6555.0% YoY), and the FY2025 full-year result was 40.92%, up 7694.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 38.54%, up from 36.61% in the prior quarter.
  • The five-year high for EBT Margin was 206.06% in Q2 2023, with the low at 221.62% in Q2 2024.
  • Historically, EBT Margin has averaged 30.78% across 4 years, with a median of 38.68% in 2026.
  • Annual changes were most pronounced in 2024 — EBT Margin plunged 42767 bps — and 2025, when it jumped 26500 bps.
  • LandBridge's EBT Margin stood at 14.83% in 2023, then jumped by 102 bps to 29.92% in 2024, then climbed by 22 bps to 36.61% in 2025, then climbed by 5 bps to 38.54% in 2026.
  • The last three EBT Margin figures came in at 38.54% (Q1 2026), 36.61% (Q4 2025), and 45.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 10.96%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 19.34%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 10.53%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 14.27%
5 Enerflex 8.62 Bn 8.57 Bn - 15.64%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 1.71%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 9.11%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 26.13%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 5.96%
10 LandBridge 1.96 Bn 2.39 Bn 49.74 Mn 38.54%

Historic Data

Download Data
DateValue
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%