LandBridge Company LLC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Property, Plant & Equipment	917.98	902.74	203.02	207.31
Cash & Equivalents	28.32	37.03	37.82	16.15
Accounts Receivable	24.23	14.66	13.42	11.31
Other Receivables	-	-	-	0.02
Other Intangible Assets	41.85	45.27	28.64	30.88
Restricted Cash	-	-	-	9.2
Other Current Assets	4.82	1.63	1.04	0.63
Deferred Long-Term Tax Assets	59.12	0.41	-	-
Deferred Long-Term Charges	-	0.7	0.6	-
Other Long-Term Assets	1.61	1.04	4.41	0.52
Total Assets	1,078	1,003	288.95	276.02
Current Portion of Long-Term Debt	0.92	0.42	20.34	11.69
Long-Term Debt	366.08	380.82	108.34	45.92
Accounts Payable	0.64	0.49	0.2	0.04
Accrued Expenses	8.22	7.87	5.4	3.42
Current Income Taxes Payable	0.7	2.29	0.39	0.21
Current Unearned Revenue	2.24	1.22	0.28	1.33
Other Current Liabilities	1.09	2.12	0.5	0.5
Other Long-Term Liabilities	0.19	0.18	2.76	2.96
Total Liabilities	380.09	395.41	138.2	66.06
Common Stock	254.01	432.66	150.75	209.96
Retained Earnings	17.98	3.35	-	-
Total Common Equity	271.99	436.01	150.75	209.96
Minority Interest	425.84	172.05	-	-
Shareholders' Equity	697.83	608.07	150.75	209.96
Total Liabilities & Equity	1,078	1,003	288.95	276.02
Total Debt	367.01	381.24	128.68	57.61
Net Cash (Debt)	-338.69	-344.21	-90.86	-41.46
Net Cash Per Share	-4.47	-4.69	-	-
Filing Date Shares Outstanding	25.34	23.26	-	-
Total Common Shares Outstanding	25.34	23.26	-	-
Book Value Per Share	10.73	18.75	-	-
Tangible Book Value	230.14	390.75	122.11	179.08
Tangible Book Value Per Share	9.08	16.80	-	-
Land	872.36	855.09	157.74	157.49
Buildings	5.19	5.16	2.59	2
Construction In Progress	1.83	0.01	-	0.63

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q