LandBridge (LB) Total Debt (2023 - 2026)
LandBridge's (LB) quarterly Total Debt came in at $535.7 million in Q2 2026, up 44.38% on a YoY basis from $371.0 million in Q2 2025, and little changed quarter-over-quarter from $535.5 million in Q1 2026.
Analysis
LandBridge (LB) Total Debt (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Total Debt for 4 consecutive years, with $535.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 44.38% year-over-year to $535.7 million; the trailing twelve-month figure through Jun 2026 stood at $535.7 million (up 44.38% YoY), and the FY2025 full-year result was $560.3 million, up 46.96% from the prior year.
- Total Debt steadied at $535.7 million in Q2 2026 per LB's latest filing, from $535.5 million in the prior quarter.
- Across five years, Total Debt topped out at $560.3 million in Q4 2025 and bottomed at $128.7 million in Q4 2023.
- Historically, Total Debt has averaged $392.9 million across 4 years, with a median of $378.5 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Total Debt surged 196.26% in 2024, then dropped 6.3% in 2025.
- Over 4 years, Total Debt stood at $128.7 million in 2023, then soared by 196.26% to $381.2 million in 2024, then jumped by 46.96% to $560.3 million in 2025, then decreased by 4.38% to $535.7 million in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $535.7 million, $535.5 million, and $560.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.25 Bn | 25.00 Bn | - | - |
| 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 | - | 1.17 Bn |
| 4 | Opendoor Technologies | 2.70 Bn | 1.80 Bn | 86.00 Mn | 1.76 Bn |
| 5 | LandBridge | 2.41 Bn | 2.37 Bn | 65.51 Mn | 535.72 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 2.63 Bn |
| 7 | Frp Holdings | 423.91 Mn | 423.91 Mn | - | 214.62 Mn |
| 8 | American Realty Investors | 251.43 Mn | 251.43 Mn | - | 218.03 Mn |
| 9 | Belpointe PREP | 187.01 Mn | 187.01 Mn | - | - |
| 10 | Star Holdings | 114.77 Mn | 79.96 Mn | 5.31 Mn | 208.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 535.72 Mn |
| Mar 31, 2026 | 535.54 Mn |
| Dec 31, 2025 | 560.29 Mn |
| Sep 30, 2025 | 367.01 Mn |
| Jun 30, 2025 | 371.04 Mn |
| Mar 31, 2025 | 375.77 Mn |
| Dec 31, 2024 | 381.24 Mn |
| Sep 30, 2024 | 277.98 Mn |
| Jun 30, 2024 | 395.99 Mn |
| Dec 31, 2023 | 128.68 Mn |