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Side-by-side financial comparison of LandBridge Co LLC (LB) and Logistic Properties of the Americas (LPA). Click either name above to swap in a different company.
LandBridge Co LLC is the larger business by last-quarter revenue ($56.8M vs $50.1M, roughly 1.1× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 14.2%, a 17.9% gap on every dollar of revenue. LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $21.4M).
Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.
LB vs LPA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $56.8M | $50.1M |
| Net Profit | $8.1M | $16.1M |
| Gross Margin | — | — |
| Operating Margin | 60.0% | 81.7% |
| Net Margin | 14.2% | 32.1% |
| Revenue YoY | 55.6% | — |
| Net Profit YoY | -83.7% | — |
| EPS (diluted) | $0.24 | $0.33 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $56.8M | $50.1M | ||
| Q3 25 | $50.8M | $32.7M | ||
| Q2 25 | $47.5M | $21.5M | ||
| Q1 25 | $44.0M | $10.5M | ||
| Q4 24 | $36.5M | — | ||
| Q3 24 | $28.5M | $19.2M | ||
| Q2 24 | $26.0M | — | ||
| Q1 24 | $19.0M | $9.2M |
| Q4 25 | $8.1M | $16.1M | ||
| Q3 25 | $8.1M | — | ||
| Q2 25 | $7.5M | — | ||
| Q1 25 | $6.5M | — | ||
| Q4 24 | $49.3M | — | ||
| Q3 24 | $2.7M | — | ||
| Q2 24 | $-57.7M | — | ||
| Q1 24 | $10.8M | — |
| Q4 25 | 60.0% | 81.7% | ||
| Q3 25 | 60.8% | — | ||
| Q2 25 | 60.0% | — | ||
| Q1 25 | 57.0% | — | ||
| Q4 24 | 49.4% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | -197.4% | — | ||
| Q1 24 | 71.1% | — |
| Q4 25 | 14.2% | 32.1% | ||
| Q3 25 | 15.9% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 14.7% | — | ||
| Q4 24 | 135.2% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | -222.1% | — | ||
| Q1 24 | 56.7% | — |
| Q4 25 | $0.24 | $0.33 | ||
| Q3 25 | $0.26 | $0.09 | ||
| Q2 25 | $0.24 | $-0.06 | ||
| Q1 25 | $0.20 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.04 | $-1.26 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $30.7M | $27.3M |
| Total DebtLower is stronger | $570.7M | $296.8M |
| Stockholders' EquityBook value | $340.3M | $324.6M |
| Total Assets | $1.4B | $700.8M |
| Debt / EquityLower = less leverage | 1.68× | 0.91× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $30.7M | $27.3M | ||
| Q3 25 | $28.3M | — | ||
| Q2 25 | $20.3M | — | ||
| Q1 25 | $14.9M | — | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $14.4M | — | ||
| Q2 24 | $24.6M | — | ||
| Q1 24 | — | $1.1M |
| Q4 25 | $570.7M | $296.8M | ||
| Q3 25 | $366.1M | — | ||
| Q2 25 | $370.9M | — | ||
| Q1 25 | $375.5M | — | ||
| Q4 24 | $385.5M | — | ||
| Q3 24 | $242.4M | — | ||
| Q2 24 | $360.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | $340.3M | $324.6M | ||
| Q3 25 | $272.0M | — | ||
| Q2 25 | $266.4M | — | ||
| Q1 25 | $217.0M | — | ||
| Q4 24 | $211.8M | — | ||
| Q3 24 | $97.2M | — | ||
| Q2 24 | $296.4M | — | ||
| Q1 24 | $162.3M | — |
| Q4 25 | $1.4B | $700.8M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $689.9M | — | ||
| Q2 24 | $710.5M | — | ||
| Q1 24 | — | — |
| Q4 25 | 1.68× | 0.91× | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.22× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $126.3M | $21.6M |
| Free Cash FlowOCF − Capex | $122.0M | $21.4M |
| FCF MarginFCF / Revenue | 214.9% | 42.7% |
| Capex IntensityCapex / Revenue | 7.5% | 0.3% |
| Cash ConversionOCF / Net Profit | 15.68× | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $207.7M | $12.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $126.3M | $21.6M | ||
| Q3 25 | $34.9M | $14.4M | ||
| Q2 25 | $37.3M | $7.2M | ||
| Q1 25 | $15.9M | $4.4M | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $7.5M | $8.3M | ||
| Q2 24 | $16.0M | — | ||
| Q1 24 | $17.2M | $4.8M |
| Q4 25 | $122.0M | $21.4M | ||
| Q3 25 | $33.7M | $-7.3M | ||
| Q2 25 | $36.1M | $-3.1M | ||
| Q1 25 | $15.8M | $966.4K | ||
| Q4 24 | $66.7M | — | ||
| Q3 24 | $7.1M | $-2.4M | ||
| Q2 24 | $15.7M | — | ||
| Q1 24 | $17.1M | $218.9K |
| Q4 25 | 214.9% | 42.7% | ||
| Q3 25 | 66.3% | -22.2% | ||
| Q2 25 | 75.9% | -14.4% | ||
| Q1 25 | 36.0% | 9.2% | ||
| Q4 24 | 182.6% | — | ||
| Q3 24 | 25.1% | -12.3% | ||
| Q2 24 | 60.4% | — | ||
| Q1 24 | 90.1% | 2.4% |
| Q4 25 | 7.5% | 0.3% | ||
| Q3 25 | 2.3% | 66.1% | ||
| Q2 25 | 2.6% | 47.9% | ||
| Q1 25 | 0.2% | 32.5% | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.1% | 55.5% | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 0.5% | 50.0% |
| Q4 25 | 15.68× | 1.34× | ||
| Q3 25 | 4.31× | — | ||
| Q2 25 | 4.98× | — | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
