LandBridge (LB) FCF Margin (2023 - 2026)
LandBridge's (LB) quarterly FCF Margin came in at 80.27% in Q1 2026, up 4422.0% YoY from 1.78% in Q1 2025, and up 25.29% on a QoQ basis from 64.07% in Q4 2025.
LandBridge (LB) FCF Margin (2023 - 2026) Analysis & Trends
LandBridge (LB) has 4 years of FCF Margin data on file, last reported at 80.27% in Q1 2026.
- Quarterly FCF Margin rose 4422.0% year-over-year to 80.27% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 71.37% (up 2291.0% YoY) and the FY2025 annual result came in at 61.3%, up 68.0% from the prior year.
- FCF Margin improved to 80.27% in Q1 2026, from 64.07% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 90.07% in Q1 2024 to a low of 25.09% in Q3 2024.
- A 4-year average of 66.53% and a median of 70.65% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 6466 bps — and 2026, when it soared 4422 bps.
- Tracing LB's FCF Margin over 4 years: stood at 70.65% in 2023, then gained by 4 bps to 73.16% in 2024, then retreated by 12 bps to 64.07% in 2025, then increased by 25 bps to 80.27% in 2026.
- The last three FCF Margin figures came in at 80.27% (Q1 2026), 64.07% (Q4 2025), and 66.35% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 15.50% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 0.00% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 17.66% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 10.31% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | -3.00% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 12.04% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | -25.76% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 16.92% |
| 10 | LandBridge | 2.45 Bn | 2.41 Bn | 65.51 Mn | 60.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 60.20% |
| Mar 31, 2026 | 80.27% |
| Dec 31, 2025 | 64.07% |
| Sep 30, 2025 | 66.35% |
| Jun 30, 2025 | 75.93% |
| Mar 31, 2025 | 36.05% |
| Dec 31, 2024 | 73.16% |
| Sep 30, 2024 | 25.09% |
| Jun 30, 2024 | 60.39% |
| Mar 31, 2024 | 90.07% |
| Dec 31, 2023 | 70.65% |
| Sep 30, 2023 | 89.75% |