LandBridge (LB) Tax Rate (2023 - 2026)
LandBridge's (LB) quarterly Tax Rate came in at 11.16% in Q2 2026, up 75.0% on a YoY basis from 6.38% in Q2 2025, and up 22.67% quarter-over-quarter from 9.1% in Q1 2026.
Analysis
LandBridge (LB) Tax Rate (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Tax Rate for 4 consecutive years, with 11.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 75.0% year-over-year to 11.16%; the trailing twelve-month figure through Jun 2026 stood at 19.36% (up 3011.0% YoY), and the FY2025 full-year result was 21.0%, changed 0.0% from the prior year.
- Tax Rate grew to 11.16% in Q2 2026 per LB's latest filing, from 9.1% in the prior quarter.
- Across five years, Tax Rate topped out at 503.71% in Q4 2023 and bottomed at 68.02% in Q4 2024.
- Historically, Tax Rate has averaged 43.8% across 4 years, with a median of 9.38% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 57173 bps in 2024, then soared 11927 bps in 2025.
- Over 4 years, Tax Rate stood at 503.71% in 2023, then plunged by 114 bps to 68.02% in 2024, then soared by 175 bps to 51.25% in 2025, then slumped by 78 bps to 11.16% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 11.16%, 9.1%, and 51.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | 20.53% |
| 2 | Eason Technology | 6.05 Bn | 6.05 Bn | - | - |
| 3 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 3.14% |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | -0.06% |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 11.16% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -88.46% |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | 18.87% |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | 2.79% |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | - |
| 10 | Star Holdings | 114.77 Mn | 79.96 Mn | 5.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.16% |
| Mar 31, 2026 | 9.10% |
| Dec 31, 2025 | 51.25% |
| Sep 30, 2025 | 11.76% |
| Jun 30, 2025 | 10.42% |
| Mar 31, 2025 | 9.38% |
| Dec 31, 2024 | -68.02% |
| Sep 30, 2024 | 29.04% |
| Jun 30, 2024 | -0.24% |
| Mar 31, 2024 | 0.93% |
| Dec 31, 2023 | 503.71% |
| Sep 30, 2023 | 0.62% |
| Jun 30, 2023 | 0.21% |