LandBridge (LB) Shares Outstanding (Diluted) (2024 - 2026)
LandBridge (LB) posted Shares Outstanding (Diluted) of 76.99 million for Q2 2026, up 0.8% from 76.39 million a year earlier but down 0.1% from the prior quarter.
Powered by 
Analysis
LandBridge (LB) Shares Outstanding (Diluted) (2024 - 2026) Analysis & Trends
For FY2025, LandBridge's Shares Outstanding (Diluted) came in at 76.54 million, up 4.3% from FY2024.
- In prior years, LandBridge's Shares Outstanding (Diluted) was 73.37 million in FY2024.
- Quarterly Shares Outstanding (Diluted) has run from a low of 73.15 million in Q3 2024 to a high of 77.08 million in Q1 2026 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last four quarters, with growth averaging 2.6% over the last four quarters.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 77.08 million (Q1 2026), 76.54 million (Q4 2025) and 76.52 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 69.03 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | 236.18 Mn |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 76.99 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 166.06 Mn |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 57.17 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 86.11 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 965.78 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 51.30 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 225.19 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 27.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.99 Mn |
| Mar 31, 2026 | 77.08 Mn |
| Dec 31, 2025 | 76.54 Mn |
| Sep 30, 2025 | 76.52 Mn |
| Jun 30, 2025 | 76.39 Mn |
| Mar 31, 2025 | 76.46 Mn |
| Dec 31, 2024 | 73.37 Mn |
| Sep 30, 2024 | 73.15 Mn |
API Access
LandBridge Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=LB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=LB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();