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 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Other Revenue	156.47	109.95	72.87	51.78
Total Revenue	156.47	109.95	72.87	51.78
Revenue Growth (YoY	95.04%	50.90%	40.73%	-
Property Expenses	1.74	2.11	3.45	3.84
Selling, General & Administrative	65.81	112.3	-12.09	41.8
Depreciation & Amortization	9.77	8.88	8.76	6.72
Other Operating Expenses	4.41	3.17	2.74	2.65
Total Operating Expenses	81.73	126.46	2.86	55.01
Operating Income	74.75	-16.51	70.01	-3.23
Interest Expense	-29.75	-23.34	-7.02	-3.11
Other Non-Operating Income	-	0.24	0.55	0.14
EBT Excluding Unusual Items	44.72	-39.6	63.54	-6.2
Other Unusual Items	46.88	46.88	-	-
Pretax Income	91.6	7.27	63.54	-6.2
Income Tax Expense	5.39	1.88	0.37	0.16
Earnings From Continuing Operations	86.21	5.4	63.17	-6.36
Minority Interest in Earnings	-20.26	-0.29	-	-
Net Income	65.95	5.11	63.17	-6.36
Preferred Dividends & Other Adjustments	0.63	0.2	-	-
Net Income to Common	65.33	4.91	63.17	-6.36
Net Income Growth	-	-91.91%	-	-
Basic Shares Outstanding	21	18	-	-
Diluted Shares Outstanding	75	73	-	-
EPS (Basic)	3.12	0.28	-	-
EPS (Diluted)	1.14	0.07	-	-
Dividend Per Share	0.300	0.100	-	-
Operating Margin	47.77%	-15.02%	96.08%	-6.24%
Profit Margin	41.75%	4.47%	86.70%	-12.29%
EBITDA	84.51	-7.64	78.77	3.49
EBITDA Margin	54.01%	-6.94%	108.11%	6.74%
D&A For Ebitda	9.77	8.88	8.76	6.72
EBIT	74.75	-16.51	70.01	-3.23
EBIT Margin	47.77%	-15.02%	96.08%	-6.24%
Effective Tax Rate	5.88%	25.78%	0.58%	-
Revenue as Reported	156.47	109.95	72.87	51.78

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

SEC Filings: 10-K · 10-Q