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| Date | Value |
|---|---|
| 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 |