LandBridge (LB) Non-Current Debt (2023 - 2026)
LandBridge's Non-Current Debt came in at $535.53 million for Q2 2026, up 44.4% from $370.87 million a year earlier and up 0.1% from the prior quarter.
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Analysis
LandBridge (LB) Non-Current Debt (2023 - 2026) Analysis & Trends
At the end of FY2025, LandBridge's Non-Current Debt was $559.59 million, up 46.9% from FY2024.
- Going back by year, Non-Current Debt was $380.82 million in FY2024 (+251.5%) and $108.34 million in FY2023.
- The five-year range for quarterly Non-Current Debt is $108.34 million (Q4 2023) to $559.59 million (Q4 2025).
- Year-over-year, Non-Current Debt has increased for five consecutive quarters, with growth averaging 73.2% over the last six quarters.
- Business Quant data shows LB's Non-Current Debt at $535.11 million (Q1 2026), $559.59 million (Q4 2025) and $366.08 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn | 535.53 Mn |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - | - |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | - |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - | 1.18 Bn |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn | 1.07 Bn |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn | - |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - | 95.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 535.53 Mn |
| Mar 31, 2026 | 535.11 Mn |
| Dec 31, 2025 | 559.59 Mn |
| Sep 30, 2025 | 366.08 Mn |
| Jun 30, 2025 | 370.87 Mn |
| Mar 31, 2025 | 375.47 Mn |
| Dec 31, 2024 | 380.82 Mn |
| Sep 30, 2024 | 242.43 Mn |
| Jun 30, 2024 | 360.85 Mn |
| Dec 31, 2023 | 108.34 Mn |
API Access
LandBridge Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "LB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();