LandBridge (LB) EBT Margin (2023 - 2026)

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

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

LandBridge's EBT Margin history runs 4 years deep, the most recent figure standing at 38.54% for Q1 2026.

  • Quarterly EBT Margin fell 28.0% year-over-year to 38.54% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 40.78% (up 6555.0% YoY) and the FY2025 annual result came in at 40.92%, up 7694.0% from the prior year.
  • EBT Margin was 38.54% for Q1 2026 at LandBridge, up from 36.61% 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.
  • A 4-year average of 30.78% and a median of 38.68% in 2026 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2024 — EBT Margin tumbled 42767 bps — and 2025, when it jumped 26500 bps.
  • LandBridge's 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 increased by 5 bps to 38.54% in 2026.
  • Business Quant data shows LB's EBT Margin at 38.54% in Q1 2026, 36.61% in Q4 2025, and 45.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 10.96%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 21.53%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 14.27%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 10.53%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 1.71%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 6.79%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 26.13%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 7.92%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 5.96%
10 LandBridge 2.14 Bn 2.11 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%