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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Other Revenue	178.81	109.95	72.87	51.78
Total Revenue	178.81	109.95	72.87	51.78
Revenue Growth (YoY	96.69%	50.90%	40.73%	-
Property Expenses	1.76	2.11	3.45	3.84
Selling, General & Administrative	59.54	112.3	-12.09	41.8
Depreciation & Amortization	10.31	8.88	8.76	6.72
Other Operating Expenses	4.76	3.17	2.74	2.65
Total Operating Expenses	76.37	126.46	2.86	55.01
Operating Income	102.44	-16.51	70.01	-3.23
Interest Expense	-30.5	-23.34	-7.02	-3.11
Other Non-Operating Income	-	0.24	0.55	0.14
EBT Excluding Unusual Items	71.6	-39.6	63.54	-6.2
Other Unusual Items	-	46.88	-	-
Pretax Income	71.6	7.27	63.54	-6.2
Income Tax Expense	9.22	1.88	0.37	0.16
Earnings From Continuing Operations	62.38	5.4	63.17	-6.36
Minority Interest in Earnings	-37.85	-0.29	-	-
Net Income	24.53	5.11	63.17	-6.36
Preferred Dividends & Other Adjustments	0.79	0.2	-	-
Net Income to Common	23.73	4.91	63.17	-6.36
Net Income Growth	373.66%	-91.91%	-	-
Basic Shares Outstanding	23	18	-	-
Diluted Shares Outstanding	76	73	-	-
EPS (Basic)	1.04	0.28	-	-
EPS (Diluted)	0.74	0.07	-	-
Dividend Per Share	0.400	0.100	-	-
Operating Margin	57.29%	-15.02%	96.08%	-6.24%
Profit Margin	13.27%	4.47%	86.70%	-12.29%
EBITDA	112.76	-7.64	78.77	3.49
EBITDA Margin	63.06%	-6.94%	108.11%	6.74%
D&A For Ebitda	10.31	8.88	8.76	6.72
EBIT	102.44	-16.51	70.01	-3.23
EBIT Margin	57.29%	-15.02%	96.08%	-6.24%
Effective Tax Rate	12.88%	25.78%	0.58%	-
Revenue as Reported	178.81	109.95	72.87	51.78

Source: S&P Capital IQ. Real Estate template. Financial Sources.