LandBridge Company LLC (LB)

NYSE: LB · Real-Time Price · USD

85.50

-0.34 (-0.40%)

At close: Sep 2, 2026, 4:00 PM EDT

85.41

-0.09 (-0.11%)

After-hours: Sep 2, 2026, 7:30 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	37.16	30.13	5.11	63.17	-6.36
Depreciation & Amortization	15.12	11.47	8.88	8.76	6.72
Other Amortization	2.25	2.19	1.69	0.39	-
Stock-Based Compensation	45.41	45.32	95.34	-17.23	36.36
Change in Accounts Receivable	-6.97	-9.67	1.04	-2.09	-6.34
Change in Accounts Payable	0.21	0.02	0.27	0.36	-1.58
Change in Other Net Operating Assets	2.76	-0.22	0.41	-0.25	-0.3
Other Operating Activities	59.32	50.79	-47	-0.25	-
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
Acquisition of Real Estate Assets	-4.24	-4.24	-0.99	-2.78	-3.29
Sale of Real Estate Assets	0.14	0.21	-	0.01	-
Net Sale / Acq. of Real Estate Assets	-4.1	-4.03	-0.99	-2.77	-3.29
Cash Acquisition	-222.45	-229.05	-723.37	-	-8.38
Investing Cash Flow	-226.55	-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	-	783.55	417.5	150	-
Long-Term Debt Repaid	-	-599.2	-162.96	-77.82	-6.5
Net Debt Issued (Repaid)	169.91	184.35	254.54	72.18	-6.5
Issuance of Common Stock	-	-	737.55	-	10.98
Common Dividends Paid	-59.11	-63.71	-178.24	-105.17	-1.14
Other Financing Activities	-20.32	-20.13	-157.92	-4.81	-0.07

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
Levered Free Cash Flow	114.92	93.18	85.22	36.48	-
Unlevered Free Cash Flow	134.9	111.43	98.3	40.47	-

Additional Metrics

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
Cash Interest Paid	26.96	26.96	19.68	5.91	3.2
Cash Income Tax Paid	8.73	8.73	0.39	0.21	8.5
Change in Working Capital	-3.74	-13.62	3.62	-1.8	-16.26

SEC Filings: 10-K · 10-Q