LandBridge Company LLC (LB)

LandBridge Company LLC Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	65.95	5.11	63.17	-6.36
Depreciation & Amortization	9.77	8.88	8.76	6.72
Other Amortization	2.04	1.69	0.39	-
Gain (Loss) on Sale of Assets	-	-	-0.24	-
Stock-Based Compensation	45.17	95.34	-17.23	36.36
Change in Accounts Receivable	-3.21	1.04	-2.09	-6.34
Change in Accounts Payable	0.3	0.27	0.36	-1.58
Change in Other Net Operating Assets	-6.85	-0.53	0.74	-0.3
Other Operating Activities	-26.04	-47	-	-
Operating Cash Flow	87.62	67.64	53.04	20.5
Operating Cash Flow Growth	41.44%	27.51%	158.74%	-
Acquisition of Real Estate Assets	-1.84	-0.99	-2.78	-3.29
Sale of Real Estate Assets	0.13	-	0.01	-
Net Sale / Acq. of Real Estate Assets	-1.71	-0.99	-2.77	-3.29
Cash Acquisition	-311.62	-723.37	-	-8.38
Investing Cash Flow	-313.33	-724.35	-2.77	-11.67
Long-Term Debt Issued	-	417.5	150	-
Long-Term Debt Repaid	-	-162.5	-77.42	-6.5
Net Debt Issued (Repaid)	-25.75	255	72.58	-6.5
Issuance of Common Stock	617.55	737.55	-	10.98
Common Dividends Paid	-216.17	-178.24	-105.17	-1.14
Other Financing Activities	-154.23	-158.39	-5.22	-0.07
Net Cash Flow	-4.3	-0.79	12.47	12.1
Cash Interest Paid	19.68	19.68	5.91	3.2
Cash Income Tax Paid	0.39	0.39	0.21	8.5
Levered Free Cash Flow	75.2	89.43	36.48	-
Unlevered Free Cash Flow	91.93	102.33	40.47	-
Change in Working Capital	-9.28	3.62	-1.8	-16.26

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q