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Side-by-side financial comparison of LandBridge Co LLC (LB) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

RHYTHM PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($57.3M vs $56.8M, roughly 1.0× LandBridge Co LLC). LandBridge Co LLC runs the higher net margin — 14.2% vs -83.0%, a 97.2% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 36.9%). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs 48.5%).

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

LB vs RYTM — Head-to-Head

Bigger by revenue
RYTM
RYTM
1.0× larger
RYTM
$57.3M
$56.8M
LB
Growing faster (revenue YoY)
LB
LB
+18.7% gap
LB
55.6%
36.9%
RYTM
Higher net margin
LB
LB
97.2% more per $
LB
14.2%
-83.0%
RYTM
Faster 2-yr revenue CAGR
LB
LB
Annualised
LB
72.8%
48.5%
RYTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LB
LB
RYTM
RYTM
Revenue
$56.8M
$57.3M
Net Profit
$8.1M
$-47.5M
Gross Margin
91.6%
Operating Margin
60.0%
-82.2%
Net Margin
14.2%
-83.0%
Revenue YoY
55.6%
36.9%
Net Profit YoY
-83.7%
-9.6%
EPS (diluted)
$0.24
$-0.73

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.

Revenue
LB
LB
RYTM
RYTM
Q4 25
$56.8M
$57.3M
Q3 25
$50.8M
$51.3M
Q2 25
$47.5M
$48.5M
Q1 25
$44.0M
$32.7M
Q4 24
$36.5M
$41.8M
Q3 24
$28.5M
$33.3M
Q2 24
$26.0M
$29.1M
Q1 24
$19.0M
$26.0M
Net Profit
LB
LB
RYTM
RYTM
Q4 25
$8.1M
$-47.5M
Q3 25
$8.1M
$-52.9M
Q2 25
$7.5M
$-46.6M
Q1 25
$6.5M
$-49.5M
Q4 24
$49.3M
$-43.3M
Q3 24
$2.7M
$-43.6M
Q2 24
$-57.7M
$-32.3M
Q1 24
$10.8M
$-141.4M
Gross Margin
LB
LB
RYTM
RYTM
Q4 25
91.6%
Q3 25
89.3%
Q2 25
88.6%
Q1 25
88.8%
Q4 24
90.9%
Q3 24
88.5%
Q2 24
89.9%
Q1 24
89.2%
Operating Margin
LB
LB
RYTM
RYTM
Q4 25
60.0%
-82.2%
Q3 25
60.8%
-102.6%
Q2 25
60.0%
-93.4%
Q1 25
57.0%
-143.7%
Q4 24
49.4%
-98.6%
Q3 24
11.2%
-132.0%
Q2 24
-197.4%
-139.2%
Q1 24
71.1%
-538.7%
Net Margin
LB
LB
RYTM
RYTM
Q4 25
14.2%
-83.0%
Q3 25
15.9%
-103.1%
Q2 25
15.8%
-96.1%
Q1 25
14.7%
-151.4%
Q4 24
135.2%
-103.6%
Q3 24
9.3%
-131.2%
Q2 24
-222.1%
-110.9%
Q1 24
56.7%
-544.4%
EPS (diluted)
LB
LB
RYTM
RYTM
Q4 25
$0.24
$-0.73
Q3 25
$0.26
$-0.82
Q2 25
$0.24
$-0.75
Q1 25
$0.20
$-0.81
Q4 24
$-0.71
Q3 24
$-0.04
$-0.73
Q2 24
$-0.55
Q1 24
$-2.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LB
LB
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$30.7M
$388.9M
Total DebtLower is stronger
$570.7M
Stockholders' EquityBook value
$340.3M
$139.1M
Total Assets
$1.4B
$480.2M
Debt / EquityLower = less leverage
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LB
LB
RYTM
RYTM
Q4 25
$30.7M
$388.9M
Q3 25
$28.3M
$416.1M
Q2 25
$20.3M
$291.0M
Q1 25
$14.9M
$314.5M
Q4 24
$37.0M
$320.6M
Q3 24
$14.4M
$298.4M
Q2 24
$24.6M
$319.1M
Q1 24
$201.2M
Total Debt
LB
LB
RYTM
RYTM
Q4 25
$570.7M
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
Stockholders' Equity
LB
LB
RYTM
RYTM
Q4 25
$340.3M
$139.1M
Q3 25
$272.0M
$148.8M
Q2 25
$266.4M
$-11.9M
Q1 25
$217.0M
$18.9M
Q4 24
$211.8M
$21.7M
Q3 24
$97.2M
$11.2M
Q2 24
$296.4M
$39.3M
Q1 24
$162.3M
$61.6M
Total Assets
LB
LB
RYTM
RYTM
Q4 25
$1.4B
$480.2M
Q3 25
$1.1B
$506.9M
Q2 25
$1.1B
$372.7M
Q1 25
$1.0B
$386.7M
Q4 24
$1.0B
$392.3M
Q3 24
$689.9M
$363.6M
Q2 24
$710.5M
$381.8M
Q1 24
$258.7M
Debt / Equity
LB
LB
RYTM
RYTM
Q4 25
1.68×
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
LB
LB
RYTM
RYTM
Operating Cash FlowLast quarter
$126.3M
$-25.4M
Free Cash FlowOCF − Capex
$122.0M
FCF MarginFCF / Revenue
214.9%
Capex IntensityCapex / Revenue
7.5%
Cash ConversionOCF / Net Profit
15.68×
TTM Free Cash FlowTrailing 4 quarters
$207.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LB
LB
RYTM
RYTM
Q4 25
$126.3M
$-25.4M
Q3 25
$34.9M
$-26.6M
Q2 25
$37.3M
$-23.3M
Q1 25
$15.9M
$-40.4M
Q4 24
$67.6M
$-18.8M
Q3 24
$7.5M
$-25.2M
Q2 24
$16.0M
$-29.1M
Q1 24
$17.2M
$-40.7M
Free Cash Flow
LB
LB
RYTM
RYTM
Q4 25
$122.0M
Q3 25
$33.7M
Q2 25
$36.1M
Q1 25
$15.8M
Q4 24
$66.7M
Q3 24
$7.1M
Q2 24
$15.7M
Q1 24
$17.1M
FCF Margin
LB
LB
RYTM
RYTM
Q4 25
214.9%
Q3 25
66.3%
Q2 25
75.9%
Q1 25
36.0%
Q4 24
182.6%
Q3 24
25.1%
Q2 24
60.4%
Q1 24
90.1%
Capex Intensity
LB
LB
RYTM
RYTM
Q4 25
7.5%
Q3 25
2.3%
Q2 25
2.6%
Q1 25
0.2%
Q4 24
2.7%
Q3 24
1.1%
Q2 24
1.4%
Q1 24
0.5%
Cash Conversion
LB
LB
RYTM
RYTM
Q4 25
15.68×
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.

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