LandBridge (LB) Tax Rate (2023 - 2026)
LandBridge (LB) reported Tax Rate of 9.1% for Q1 2026, down 28.0% on a YoY basis from 12.64% in Q1 2025, and up 228.42% quarter-over-quarter from 7.09% in Q4 2025.
LandBridge (LB) Tax Rate (2023 - 2026) Analysis & Trends
LandBridge has reported Tax Rate for 4 years, with the latest figure at 9.1% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 28.0% year-over-year to 9.1%; the trailing twelve-month figure through Mar 2026 stood at 6.15% (up 1625.0% YoY), and the FY2025 full-year result was 6.12%, up 1085.0% from the prior year.
- Tax Rate for Q1 2026 stood at 9.1%, up from 7.09% in the prior quarter.
- The five-year high for Tax Rate was 29.04% in Q3 2024, with the low at 7.09% in Q4 2025.
- Historically, Tax Rate has averaged 7.67% across 4 years, with a median of 5.84% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate soared 2842 bps — and 2025, when it plunged 3241 bps.
- LandBridge's Tax Rate stood at 2.59% in 2023, then jumped by 879 bps to 25.32% in 2024, then slumped by 128 bps to 7.09% in 2025, then soared by 228 bps to 9.1% in 2026.
- The last three Tax Rate figures came in at 9.1% (Q1 2026), 7.09% (Q4 2025), and 11.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | LandBridge | 1.96 Bn | 2.39 Bn | 49.74 Mn | 9.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.10% |
| Mar 31, 2026 | 9.10% |
| Dec 31, 2025 | -7.09% |
| Dec 31, 2025 | -7.09% |
| Sep 30, 2025 | 11.76% |
| Sep 30, 2025 | 11.76% |
| Jun 30, 2025 | 10.42% |
| Jun 30, 2025 | 10.42% |
| Mar 31, 2025 | 9.38% |
| Mar 31, 2025 | 9.38% |
| Dec 31, 2024 | 25.32% |
| Dec 31, 2024 | 25.32% |
| Sep 30, 2024 | 29.04% |
| Sep 30, 2024 | 29.04% |
| Jun 30, 2024 | -0.24% |
| Jun 30, 2024 | -0.24% |
| Mar 31, 2024 | 0.93% |
| Mar 31, 2024 | 0.93% |
| Dec 31, 2023 | 2.59% |
| Dec 31, 2023 | 2.59% |