LandBridge (LB) Free Cash Flow (2023 - 2026)
LandBridge's (LB) quarterly Free Cash Flow came in at $40.9 million in Q1 2026, up 158.39% YoY from $15.8 million in Q1 2025, and up 12.55% on a QoQ basis from $36.4 million in Q4 2025.
LandBridge (LB) Free Cash Flow (2023 - 2026) Analysis & Trends
LandBridge (LB) has 4 years of Free Cash Flow data on file, last reported at $40.9 million in 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 grew to $40.9 million in Q1 2026, from $36.4 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $40.9 million in Q1 2026 to a low of $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 plunged 55.26% — and 2025, when it jumped 371.88%.
- Tracing LB's Free Cash Flow over 4 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 900.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 1.05 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 638.98 Mn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 487.90 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 589.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | -64.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 133.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | -100.74 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 62.82 Mn |
| 10 | LandBridge | 2.51 Bn | 2.47 Bn | 65.51 Mn | 40.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.24 Mn |
| Jun 30, 2026 | 40.24 Mn |
| 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 |