LandBridge (LB) EV to FCF (2024 - 2026)
LandBridge's (LB) quarterly EV to FCF came in at 162.31 in Q2 2026, up 5.37% on a YoY basis from 154.03 in Q2 2025, and up 15.52% quarter-over-quarter from 140.5 in Q1 2026.
Analysis
LandBridge (LB) EV to FCF (2024 - 2026) Analysis & Trends
LandBridge (LB) has reported EV to FCF for 3 consecutive years, with 162.31 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 5.37% year-over-year to 162.31; the trailing twelve-month figure through Jun 2026 stood at 43.17 (down 33.38% YoY), and the FY2025 full-year result was 34.41, down 56.96% from the prior year.
- EV to FCF advanced to 162.31 in Q2 2026 per LB's latest filing, from 140.5 in the prior quarter.
- Across five years, EV to FCF topped out at 441.32 in Q3 2024 and bottomed at 115.45 in Q4 2025.
- Historically, EV to FCF has averaged 214.92 across 3 years, with a median of 158.17 in 2025.
- The sharpest annual moves came in 2025 and 2026: EV to FCF tumbled 69.93% in 2025, then increased 5.37% in 2026.
- Over 3 years, EV to FCF stood at 199.56 in 2024, then slumped by 42.15% to 115.45 in 2025, then jumped by 40.59% to 162.31 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 162.31, 140.5, and 115.45 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 162.31 |
| Mar 31, 2026 | 140.50 |
| Dec 31, 2025 | 115.45 |
| Sep 30, 2025 | 132.69 |
| Jun 30, 2025 | 154.03 |
| Mar 31, 2025 | 373.48 |
| Dec 31, 2024 | 199.56 |
| Sep 30, 2024 | 441.32 |