LandBridge Company LLC (LB)

NYSE: LB · Real-Time Price · USD

75.28

-1.04 (-1.36%)

At close: Aug 13, 2026, 4:00 PM EDT

75.27

-0.01 (-0.01%)

After-hours: Aug 13, 2026, 7:34 PM EDT

LandBridge Company LLC Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	87.38	72.4	-41.48	63.17	-6.36
Depreciation & Amortization	19.55	11.47	8.88	8.76	6.72
Stock-Based Compensation	56.68	45.32	95.34	-17.23	36.36
Other Adjustments	7.48	10.71	1.28	0.14	0.04
Change in Receivables	-6.97	-9.67	1.04	-2.09	-6.34
Changes in Accounts Payable	0.49	0.11	0.51	0.25	-1.01
Changes in Accrued Expenses	-1.75	-1.62	0.51	-0.19	-1.32
Changes in Income Taxes Payable	0.26	-3.75	1.9	0.17	-8.33
Changes in Unearned Revenue	-	-	-	-	0.31
Changes in Other Operating Activities	4.08	1.3	-0.33	0.04	0.44
Operating Cash Flow	155.52	126.27	67.64	53.04	20.5
Operating Cash Flow Growth	77.49%	86.69%	27.51%	158.74%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Capital Expenditures	-4.24	-4.24	-0.99	-2.78	-3.29
Sale of Property, Plant & Equipment	0.14	0.21	-	0.01	-
Cash Acquisitions	-222.45	-229.05	-723.37	-	-8.38
Investing Cash Flow	-14.53	-233.07	-724.35	-2.77	-11.67

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Long-Term Debt Issued	773.55	783.55	417.5	150	-
Long-Term Debt Repaid	-603.64	-599.2	-162.96	-77.82	-6.5
Net Long-Term Debt Issued (Repaid)	169.91	184.35	254.54	72.18	-6.5
Issuance of Common Stock	-	-	737.55	-	10.98
Repurchase of Common Stock	-	-5.75	-145.41	-	-
Net Common Stock Issued (Repurchased)	-	-5.75	592.14	-	10.98
Common Dividends Paid	-59.11	-63.71	-178.24	-105.17	-1.14
Other Financing Activities	-14.97	-14.38	-12.51	-4.81	-0.07
Financing Cash Flow	-85.85	100.51	655.93	-37.8	3.27

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Cash Flow	19.45	-6.29	-0.79	12.47	12.1

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	151.28	122.04	66.65	50.26	17.21
Free Cash Flow Growth	76.34%	83.10%	32.62%	192.05%	-
FCF Margin	67.10%	61.30%	60.62%	68.98%	33.24%
Free Cash Flow Per Share	1.97	1.59	0.87	-	-
Levered Free Cash Flow	225.46	217.76	270.12	141.61	-19.35
Unlevered Free Cash Flow	141.2	108.59	-6.82	75.86	-9.8

SEC Filings: 10-K · 10-Q