LandBridge (LB) FCF Margin (2023 - 2026)
LandBridge (LB) reported FCF Margin of 80.27% for Q1 2026, up 4422.0% on a YoY basis from 1.78% in Q1 2025, and up 25.29% quarter-over-quarter from 64.07% in Q4 2025.
LandBridge (LB) FCF Margin (2023 - 2026) Analysis & Trends
LandBridge has reported FCF Margin for 4 years, with the latest figure at 80.27% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 4422.0% year-over-year to 80.27%; the trailing twelve-month figure through Mar 2026 stood at 71.37% (up 2291.0% YoY), and the FY2025 full-year result was 61.3%, up 68.0% from the prior year.
- FCF Margin for Q1 2026 stood at 80.27%, up from 64.07% in the prior quarter.
- The five-year high for FCF Margin was 90.07% in Q1 2024, with the low at 25.09% in Q3 2024.
- Historically, FCF Margin has averaged 66.53% across 4 years, with a median of 70.65% in 2023.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 6466 bps — and 2026, when it soared 4422 bps.
- LandBridge's FCF Margin 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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 1.65% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 2.49% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 1.50% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 11.11% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -4.43% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 7.12% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.36% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 16.10% |
| 10 | LandBridge | 1.96 Bn | 2.39 Bn | 49.74 Mn | 80.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |