LandBridge Corp (LB) stock
LBNYSEOil Royalty TradersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/30281% above fair value
$72.90+6.66 (+10.05%)
Close on Nov 11, 2026Market cap $2.13BP/E 62.3Yield –
LandBridge operating margin
Operating margin is operating income as a percentage of revenue.
LandBridge's operating margin for the twelve months ending Sep 30, 2026 was 63.4%. For fiscal 2025 it was 59.5%, against -15.0% the year before.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 59.5% | +74.5 |
| FY2024 | Dec 31, 2024 | -15.0% | −111.1 |
| FY2023 | Dec 31, 2023 | 96.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 68.1% | +7.3 |
| Q2 FY2026 | Jun 30, 2026 | 66.1% | +6.1 |
| Q1 FY2026 | Mar 31, 2026 | 57.2% | +0.2 |
| Q4 FY2025 | Dec 31, 2025 | 60.0% | +10.6 |
| Q3 FY2025 | Sep 30, 2025 | 60.8% | +49.6 |
| Q2 FY2025 | Jun 30, 2025 | 60.0% | +257.4 |
| Q1 FY2025 | Mar 31, 2025 | 57.0% | −14.1 |
| Q4 FY2024 | Dec 31, 2024 | 49.4% | +18.3 |
| Q3 FY2024 | Sep 30, 2024 | 11.2% | −96.1 |
| Q2 FY2024 | Jun 30, 2024 | -197.4% | −406.1 |
| Q1 FY2024 | Mar 31, 2024 | 71.1% | – |
| Q4 FY2023 | Dec 31, 2023 | 31.1% | – |
| Q3 FY2023 | Sep 30, 2023 | 107.3% | – |
| Q2 FY2023 | Jun 30, 2023 | 208.6% | – |
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