LandBridge (LB) Tax Rate (2023 - 2026)
LandBridge (LB) posted Tax Rate of 9.1% for Q1 2026, up 134.65% on a QoQ basis from 26.26% in Q4 2025, and down 28.0% year-over-year from 12.64% in Q1 2025.
LandBridge (LB) Tax Rate (2023 - 2026) Analysis & Trends
LandBridge's Tax Rate history runs 4 years deep, the most recent figure standing at 9.1% for Q1 2026.
- Quarterly Tax Rate fell 28.0% year-over-year to 9.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.41% (up 1274.0% YoY) and the FY2025 annual result came in at 1.22%, up 699.0% from the prior year.
- Tax Rate was 9.1% for Q1 2026 at LandBridge, up from 26.26% in the prior quarter.
- Across five years, Tax Rate topped out at 29.09% in Q4 2024 and bottomed at 26.26% in Q4 2025.
- A 4-year average of 6.39% and a median of 5.84% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2024 — Tax Rate soared 2842 bps — and 2025, when it plunged 5535 bps.
- LandBridge's Tax Rate stood at 2.59% in 2023, then surged by 1024 bps to 29.09% in 2024, then tumbled by 190 bps to 26.26% in 2025, then surged by 135 bps to 9.1% in 2026.
- Business Quant data shows LB's Tax Rate at 9.1% in Q1 2026, 26.26% in Q4 2025, and 11.76% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | LandBridge | 2.14 Bn | 2.11 Bn | 49.74 Mn | 9.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.10 |
| Mar 31, 2026 | 9.10 |
| Mar 31, 2026 | 9.10 |
| Dec 31, 2025 | -26.26 |
| Dec 31, 2025 | -26.26 |
| Dec 31, 2025 | -26.26 |
| Sep 30, 2025 | 11.76 |
| Sep 30, 2025 | 11.76 |
| Sep 30, 2025 | 11.76 |
| Jun 30, 2025 | 10.42 |
| Jun 30, 2025 | 10.42 |
| Jun 30, 2025 | 10.42 |
| Mar 31, 2025 | 9.38 |
| Mar 31, 2025 | 9.38 |
| Mar 31, 2025 | 9.38 |
| Dec 31, 2024 | 29.09 |
| Dec 31, 2024 | 29.09 |
| Dec 31, 2024 | 29.09 |
| Sep 30, 2024 | 29.04 |
| Sep 30, 2024 | 29.04 |