LandBridge (LB) FCF Margin (2023 - 2026)

LandBridge (LB) posted FCF Margin of 80.27% for Q1 2026, up 25.29% on a QoQ basis from 64.07% in Q4 2025, and up 4422.0% year-over-year from 1.78% in Q1 2025.

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

LandBridge's FCF Margin history runs 4 years deep, the most recent figure standing at 80.27% for 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 was 80.27% for Q1 2026 at LandBridge, up from 64.07% in the prior quarter.
  • Across five years, FCF Margin topped out at 90.07% in Q1 2024 and bottomed at 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 slumped 6466 bps — and 2026, when it soared 4422 bps.
  • LandBridge's FCF Margin stood at 70.65% in 2023, then climbed by 4 bps to 73.16% in 2024, then slipped by 12 bps to 64.07% in 2025, then gained by 25 bps to 80.27% in 2026.
  • Business Quant data shows LB's FCF Margin at 80.27% in Q1 2026, 64.07% in Q4 2025, and 66.35% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.62%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 23.61%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 11.11%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 1.50%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -4.43%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 12.04%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 19.36%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -11.05%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -13.65%
10 LandBridge 2.14 Bn 2.11 Bn 49.74 Mn 80.27%

Historic Data

Download Data
DateValue
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%