Health score, competitive moat, risk signals, and key metrics at a glance.
LandBridge Company LLC, together with its subsidiaries, owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It sells brackish water and other surface composite materials. The company was founded in 2021 and is headquartered in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.
Competitive analysis based on 8 quarters of fundamental data
Operating margins are under pressure, averaging 20.7%. The business may lack pricing power or face rising costs.'
ROE averages 16.0% but has fluctuated — the competitive advantage may be cyclical or emerging.
Data-driven red flags and warnings across 8 quarters
The company posted negative operating margins in recent quarters — core operations are unprofitable.
FCF covers net income by 2.9x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 82.2% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
as of March 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
