LandBridge (LB) Free Cash Flow (2023 - 2026)

LandBridge (LB) posted Free Cash Flow of $40.9 million for Q1 2026, up 12.55% on a QoQ basis from $36.4 million in Q4 2025, and up 158.39% year-over-year from $15.8 million in Q1 2025.

LandBridge (LB) Free Cash Flow (2023 - 2026) Analysis & Trends

LandBridge's Free Cash Flow history runs 4 years deep, the most recent figure standing at $40.9 million for Q1 2026.

  • Quarterly Free Cash Flow rose 158.39% year-over-year to $40.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $147.1 million (up 125.08% YoY) and the FY2025 annual result came in at $122.0 million, up 83.1% from the prior year.
  • Free Cash Flow was $40.9 million for Q1 2026 at LandBridge, up from $36.4 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $40.9 million in Q1 2026 and bottomed at $7.1 million in Q3 2024.
  • A 4-year average of $23.4 million and a median of $17.1 million in 2024 frame the typical range for Free Cash Flow.
  • Annual changes were most pronounced in 2024 — Free Cash Flow tumbled 55.26% — and 2025, when it jumped 371.88%.
  • LandBridge's Free Cash Flow stood at $12.3 million in 2023, then jumped by 116.51% to $26.7 million in 2024, then soared by 36.22% to $36.4 million in 2025, then climbed by 12.55% to $40.9 million in 2026.
  • Business Quant data shows LB's Free Cash Flow at $40.9 million in Q1 2026, $36.4 million in Q4 2025, and $33.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 490.00 Mn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 732.12 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 276.90 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 81.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -91.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 133.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 72.37 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -76.52 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -47.19 Mn
10 LandBridge 2.14 Bn 2.11 Bn 49.74 Mn 40.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 40.94 Mn
Mar 31, 2026 40.94 Mn
Dec 31, 2025 36.38 Mn
Dec 31, 2025 36.38 Mn
Sep 30, 2025 33.73 Mn
Sep 30, 2025 33.73 Mn
Jun 30, 2025 36.09 Mn
Jun 30, 2025 36.09 Mn
Mar 31, 2025 15.84 Mn
Mar 31, 2025 15.84 Mn
Dec 31, 2024 26.70 Mn
Dec 31, 2024 26.70 Mn
Sep 30, 2024 7.15 Mn
Sep 30, 2024 7.15 Mn
Jun 30, 2024 15.67 Mn
Jun 30, 2024 15.67 Mn
Mar 31, 2024 17.13 Mn
Mar 31, 2024 17.13 Mn
Dec 31, 2023 12.33 Mn
Dec 31, 2023 12.33 Mn