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