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

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

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

LandBridge has reported Free Cash Flow for 4 years, with the latest figure at $40.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 158.39% year-over-year to $40.9 million; the trailing twelve-month figure through Mar 2026 stood at $147.1 million (up 125.08% YoY), and the FY2025 full-year result was $122.0 million, up 83.1% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $40.9 million, up from $36.4 million in the prior quarter.
  • The five-year high for Free Cash Flow was $40.9 million in Q1 2026, with the low at $7.1 million in Q3 2024.
  • Historically, Free Cash Flow has averaged $23.4 million across 4 years, with a median of $17.1 million in 2024.
  • Annual changes were most pronounced in 2024 — Free Cash Flow plunged 55.26% — and 2025, when it jumped 371.88%.
  • LandBridge's Free Cash Flow stood at $12.3 million in 2023, then surged by 116.51% to $26.7 million in 2024, then jumped by 36.22% to $36.4 million in 2025, then gained by 12.55% to $40.9 million in 2026.
  • The last three Free Cash Flow figures came in at $40.9 million (Q1 2026), $36.4 million (Q4 2025), and $33.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 144.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 164.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 81.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 276.90 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -91.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 82.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 72.37 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 55.68 Mn
10 LandBridge 1.96 Bn 2.39 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