LandBridge Company LLC Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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
Other Revenue	225.45	199.09	109.95	72.87	51.78
Total Revenue	225.45	199.09	109.95	72.87	51.78
Revenue Growth (YoY	44.09%	81.07%	50.90%	40.73%	-
Property Expenses	2.61	2.03	2.11	3.45	3.84
Selling, General & Administrative	64.58	62.45	112.3	-12.09	41.8
Depreciation & Amortization	15.12	11.47	8.88	8.76	6.72
Other Operating Expenses	4.84	4.65	3.17	2.74	2.65
Total Operating Expenses	87.16	80.59	126.46	2.86	55.01
Operating Income	138.3	118.5	-16.51	70.01	-3.23
Interest Expense	-35.55	-32.71	-23.64	-7.02	-3.11
Other Non-Operating Income	-4.36	-4.33	0.54	0.55	0.14
EBT Excluding Unusual Items	98.39	81.47	-39.6	63.54	-6.2
Other Unusual Items	-	-	46.88	-	-
Pretax Income	98.39	81.47	7.27	63.54	-6.2
Income Tax Expense	11.01	9.07	1.88	0.37	0.16
Earnings From Continuing Operations	87.38	72.4	5.4	63.17	-6.36
Minority Interest in Earnings	-50.22	-42.27	-0.29	-	-
Net Income	37.16	30.13	5.11	63.17	-6.36
Preferred Dividends & Other Adjustments	0.72	0.75	0.2	-	-
Net Income to Common	36.44	29.38	4.91	63.17	-6.36
Net Income Growth	98.53%	498.02%	-92.22%	-	-
Basic Shares Outstanding	27	25	18	-	-
Diluted Shares Outstanding	77	77	73	-	-
Shares Change	2.45%	4.32%	-	-	-
EPS (Basic)	1.35	1.18	0.28	-	-
EPS (Diluted)	1.13	0.94	0.07	-	-
EPS Growth	153.33%	1197.91%	-	-	-

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
Dividend Per Share	0.440	0.400	0.100	-	-
Dividend Growth	46.67%	300.00%	-	-	-
Operating Margin	61.34%	59.52%	-15.02%	96.08%	-6.24%
Profit Margin	16.16%	14.75%	4.47%	86.70%	-12.29%
EBITDA	153.42	129.97	-7.64	78.77	3.49
EBITDA Margin	68.05%	65.28%	-6.94%	108.11%	6.74%
D&A For Ebitda	15.12	11.47	8.88	8.76	6.72
EBIT	138.3	118.5	-16.51	70.01	-3.23
EBIT Margin	61.34%	59.52%	-15.02%	96.08%	-6.24%
Effective Tax Rate	11.19%	11.13%	25.78%	0.58%	-
Revenue as Reported	225.45	199.09	109.95	72.87	51.78

SEC Filings: 10-K · 10-Q