StockData
LandBridge Corp logo

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 Corp grew revenue 37.3% to $245.51M over the twelve months to Sep 30, 2026. Operating income rose 51.9% to $155.66M, moving the operating margin from 57.3% to 63.4%. Free cash flow was $166.54M, up 48.2% from a year earlier. At the latest close the market valued the company at $2.13B, 62.3 times its earnings.

Revenue
$245.51M
+37.3% vs. a year earlier
Operating income
$155.66M
+51.9% vs. a year earlier
Free cash flow
$166.54M
+48.2% vs. a year earlier
EPS, diluted
$1.17
TTM Q3 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026

Valuation

Market cap
$2.13B
P/E ratio
62.3
Price to sales
8.66
Price to book
5.45
Dividend yield
–
Free cash flow yield
7.84%

Fundamentals

Revenue
$245.51M
Net income
$42.02M
EPS, diluted
$1.17
Free cash flow
$166.54M
Book value per share
$13.38
Diluted shares
29M

Trading

Next earnings
Feb 24, 2027 (estimated, after the close)
Previous close
$66.24
Open
$67.39
Day's range
$67.00 – $73.06
Volume
657,258
Average volume (20 days)
465,125
Beta (5 years)
-0.78
52-week range
$43.75 – $91.69
RSI (14 days)
44.6
Volatility (1 year)
62.7%
Relative volume
2.13×

On 1 of our idea list: Breakout quarter

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodLBS&P 500DifferenceLB per yearS&P 500 per year
1 month-15.5%-2.4%−13.1 pts
3 months-13.0%-1.2%−11.9 pts
Year to date+49.5%+12.3%+37.2 pts
1 year-14.3%+12.4%−26.7 pts
3 years-7.6%+78.8%−86.5 pts-2.6%+21.4%
5 years-7.6%+75.2%−82.8 pts-1.6%+11.9%

Four years at a glance

Fiscal years 2022 to 2025 and trailing twelve months, USD

Revenue

$245.51M+37.3% YoY

Operating income

$155.66M+51.9% YoY

Net income

$42.02M+71.3% YoY

EPS, diluted

$1.17

Free cash flow

$166.54M+48.2% YoY
Reported periodTrailing twelve months

Press releases

Releases LandBridge filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About LandBridge

Oil Royalty Traders

LandBridge is a land management company that acquires and manages surface acreage to facilitate energy development and infrastructure projects. The company generates revenue by charging royalties and fees for surface access, leasing land for produced water handling and industrial facilities, selling natural resources such as brackish water and caliche, and collecting royalties from mineral interests. Its core operations support oil and gas exploration, water midstream logistics, pipelines, power transmission, and digital infrastructure. LandBridge serves upstream exploration and production companies, midstream infrastructure operators, and industrial developers, with major commercial clients including WaterBridge, VTX Energy, ConocoPhillips, EOG Resources, and Occidental Petroleum.

Company profile, executives and history

LandBridge stock: common questions

What is LandBridge's stock price?

LB closed at $72.90 on Nov 11, 2026, up 10.05% on the day. Over the past 52 weeks it traded between $43.75 and $91.69.

What is LandBridge's market cap?

LandBridge was worth $2.13B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is LB's P/E ratio?

LB trades at 62.3 times earnings, based on diluted earnings per share of $1.17 over the twelve months to Sep 30, 2026.

How much revenue does LandBridge make?

LandBridge reported revenue of $245.51M for the twelve months to Sep 30, 2026, up 37.3% from a year earlier.

Does LandBridge pay a dividend?

No. LandBridge has not paid a cash dividend over the last twelve months.

When does LandBridge report earnings next?

LandBridge is expected to report Q4 FY2026 results on Feb 24, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has LB stock performed over the past year?

Including dividends, LB returned -14.3% over the past year, against +12.4% for the S&P 500.

Who are LandBridge's competitors?

Companies most similar to LandBridge by business, industry and size include TPL, ACTG, NTST, FCPT, CTO.

See a number that looks wrong?