LandBridge (LB) Payout Ratio (2023 - 2026)
LandBridge's (LB) quarterly Payout Ratio came in at 0.3 in Q2 2026, down 28.01% on a YoY basis from 0.41 in Q2 2025, and down 42.51% quarter-over-quarter from 0.52 in Q1 2026.
Analysis
LandBridge (LB) Payout Ratio (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Payout Ratio for 4 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 28.01% year-over-year to 0.3; the trailing twelve-month figure through Jun 2026 stood at 0.47 (down 88.04% YoY), and the FY2025 full-year result was 0.99, up 117.38% from the prior year.
- Payout Ratio eased to 0.3 in Q2 2026 per LB's latest filing, from 0.52 in the prior quarter.
- Across five years, Payout Ratio topped out at 4.94 in Q3 2023 and bottomed at 61.99 in Q3 2024.
- Historically, Payout Ratio has averaged 5.94 across 4 years, with a median of 0.41 in 2025.
- The sharpest annual moves came in 2024 and 2025: Payout Ratio sank 1354.96% in 2024, then jumped 168.05% in 2025.
- Over 4 years, Payout Ratio stood at 4.94 in 2023, then tumbled by 91.85% to 0.4 in 2024, then surged by 168.05% to 1.08 in 2025, then slumped by 72.43% to 0.3 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.3, 0.52, and 1.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.52 |
| Dec 31, 2025 | 1.08 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | -61.99 |
| Sep 30, 2023 | 4.94 |