LandBridge (LB) EV to FCF (2024 - 2026)
LandBridge's EV to FCF was 43.17 in Q2 2026, down 33.4% from 64.80 a year earlier but up 10.4% from the prior quarter.
LandBridge (LB) EV to FCF (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, LandBridge's EV to FCF was 42.59 through Jun 30, 2026, down 33.5% year-over-year; for FY2025, it came in at 34.41, down 57.0% from FY2024.
- In earlier years, EV to FCF was 79.96 in FY2024.
- Quarterly EV to FCF has moved between 34.41 (Q4 2025) and 90.52 (Q1 2025) over five years.
- Compared with a year earlier, EV to FCF has declined for four straight quarters, with an average decline of 45.3% over the last four quarters.
- Per Business Quant data, LB's EV to FCF in the three quarters before Q2 2026 was 39.09 (Q1 2026), 34.41 (Q4 2025) and 39.83 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.17 |
| Mar 31, 2026 | 39.09 |
| Dec 31, 2025 | 34.41 |
| Sep 30, 2025 | 39.83 |
| Jun 30, 2025 | 64.80 |
| Mar 31, 2025 | 90.52 |
| Dec 31, 2024 | 79.96 |
| Sep 30, 2024 | 60.33 |
LandBridge EV to FCF 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=ev-to-fcf&ticker=LB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();