NYSE$LB

LandBridge Company LLC · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

LandBridge reported Q4 2024 revenue of $36.5M, net income of $8.2M.

For Q4 2024, LandBridge reported Revenue was $36.5M, net income was $8.2M. Management discusses segment trends, liquidity, and outlook in the quarterly filing.

  • Revenue $36.5M for Q4 2024.
  • Net income $8.2M.
  • MD&A highlights operating priorities, liquidity, and sector risks.

Headline financials

Total Revenue

$36.5M

Previous: $37.5M-2.7%
EPS (adj)

$0.05

Previous: -$0.63+107.3%
Net Income Margin

22.0%

Previous: 14.0%+57.1%
Adjusted EBITDA

$31.7M

Previous: $15.2M+108.5%
Adjusted EBITDA Margin

87.0%

Previous: 87.0%+0.0%
Operating Cash Flow Margin

74.0%

Previous: 72.0%+2.8%
Free Cash Flow Margin

73.0%

Previous: 71.0%+2.8%
Net Income

$8.2M

Previous: -$9.2M+189.2%
Operating Income

$18M

Previous: $24.9M-27.7%

Revenue & EPS history

LandBridge Company LLC · Revenue · Quarterly

$36.5M

Q4 2024-2.7%vs Q4 2023
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

Revenue by segment

LandBridge Company LLC · $19M total across 8 segments · Q1 2024

  • Easements & Surface Revenue
    $4.75M
  • Oil and Gas Royalties
    $4.19M
  • Resource Sales
    $3.42M
  • Surface Use Royalties - RP
    $2.61M
  • Resource Royalties
    $1.98M
  • Surface Use Royalties
    $1.6M
  • Easements & Surface - RP
    $383K
  • Resource Sales - RP
    $93K

Forward guidance

Retail outlook focuses on traffic, promotions, and inventory.

Tailwinds

  • Brand and omni-channel initiatives.
  • Cost and working-capital discipline.

Headwinds

  • Consumer spending softness.
  • Competitive promotional pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.3%

Avg return

Earnings day

+1.7%

Avg return

5 days after

-2.8%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+22.7%

Q3 2024

Best reaction

-11.3%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+1.1%+5.8%
Q4 2025+13.8%+12.0%+10.0%
Q3 2025-10.5%-23.9%-32.3%
Q1 2025-11.3%+1.2%-5.9%
Q4 2024-6.1%+4.2%-8.9%
Q3 2024+22.7%+13.8%+4.2%
Q2 2024+1.0%+3.2%+7.7%
Q1 2024
Q4 2023
Q3 2023
Q2 2023
Q1 2023
Q4 2022

Discussion

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