LandBridge Company LLC (LB) is a publicly traded company in the Energy — Oil & Gas Exploration & Production industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
LandBridge Company LLC focuses on overseeing land and natural assets to bolster and optimize oil and natural gas production across the United States. The company possesses substantial surface acreage, specifically within and adjacent to the Delaware Basin, spanning both Texas and New Mexico. Furthermore, LandBridge holds a collection of oil and gas royalty interests. It also generates income by selling brackish water and various other surface-related materials.
Is LandBridge Company LLC stock overvalued or undervalued in 2026?
LandBridge Company LLC (LB) trades at 37.1× earnings (P/E), against a median of 17.3× across the 140 energy companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (37.1) does not tell whether it is cheap.
Kaplio overview: LandBridge Company LLC
Market cap $6B · 52 weeks $44 – $90 (8 % below the high) · P/E 37.1× · 2027 expected P/E 36.3× · Dividend 0.57 % · Next earnings November 4, 2026 · expected EPS $0.53 · Closing price, Oct 28 · accounts published Aug 5.
- Valuation: P/E 37.1× (no verdict).
- Business: 5-year ROIC 7.4 % (weak).
- Balance sheet: Net debt/EBITDA 4.2× (fragile).
- Earnings: 0 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (37.1) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 1 of 6 pass
- FCF yield 3.3 %, fails.
- 5y avg ROIC 7.4 %, fails.
- Net debt / EBITDA 4.2×, fails.
- Capex / Revenue 2.1 %, fails.
- P/E read in reverse (cyclicals) 37.1×, fails.
- Dividend coverage (FCF / div) 1.9×, passes.
Against its peers (reference peers) — LandBridge Company LLC: P/E 37.1×; EV/EBITDA 44.3×; ROIC 9.4 %; $6.3B. Texas Pacific Land Corporation (P/E 42.3×; EV/EBITDA 29.4×; ROIC 30.1 %; $22.9B), Murphy Oil Corporation (P/E 21.0×; EV/EBITDA —; ROIC 3.9 %; $6.1B), Magnolia Oil & Gas Corporation (P/E 11.4×; EV/EBITDA 7.1×; ROIC 17.5 %; $7.0B).
Dividend
fragile · Yield 0.57 % ($2.29 per share in 2025) · Free cash flow coverage 0.6× · With $1,000 invested today you'd collect $5.70 a year ($0.48 a month).
Profitability
| Return on Equity | 14.12% |
| Return on Invested Capital | 9.36% |
| Return on Assets | 3.36% |
| Gross Margin | 92.40% |
| Operating Margin | 63.95% |
| Net Margin | 20.54% |
Financial Health
| Debt / Equity | 1.51 |
| Current Ratio | 7.27 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 1.93 |
Price Performance
| 1 month | +1.98% |
| 3 months | +5.88% |
| Year-to-date | +67.54% |
| 1 year | +36.48% |
Dividend History
Paid in the last 12 months: $0.4600 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-27 | $0.1200 |
| 2026-06-04 | $0.1200 |
| 2026-03-05 | $0.1200 |
| 2025-12-04 | $0.1000 |
| 2025-09-04 | $0.1000 |
| 2025-06-05 | $0.1000 |
| 2025-03-06 | $0.1000 |
| 2024-12-05 | $0.1000 |
Amounts adjusted for stock splits.
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Explore sector: Energy · Oil & Gas Exploration & Production
More sections of LB: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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