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Side-by-side financial comparison of LandBridge Co LLC (LB) and SONIDA SENIOR LIVING, INC. (SNDA). Click either name above to swap in a different company.

SONIDA SENIOR LIVING, INC. is the larger business by last-quarter revenue ($97.7M vs $56.8M, roughly 1.7× LandBridge Co LLC). LandBridge Co LLC runs the higher net margin — 14.2% vs -30.5%, a 44.7% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 6.2%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $-9.3M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs 20.3%).

Sonida Senior Living, Inc. is a leading owner, operator and investor in senior housing communities in the United States in terms of resident capacity. The company and its predecessors have provided senior housing since 1990. As of June 1, 2025, the company operated 96 senior housing communities in 20 states with an aggregate capacity of approximately 10,000+ residents, including 83 senior housing communities that the company owns and 13 communities that the company manages on behalf of third ...

LB vs SNDA — Head-to-Head

Bigger by revenue
SNDA
SNDA
1.7× larger
SNDA
$97.7M
$56.8M
LB
Growing faster (revenue YoY)
LB
LB
+49.3% gap
LB
55.6%
6.2%
SNDA
Higher net margin
LB
LB
44.7% more per $
LB
14.2%
-30.5%
SNDA
More free cash flow
LB
LB
$131.3M more FCF
LB
$122.0M
$-9.3M
SNDA
Faster 2-yr revenue CAGR
LB
LB
Annualised
LB
72.8%
20.3%
SNDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LB
LB
SNDA
SNDA
Revenue
$56.8M
$97.7M
Net Profit
$8.1M
$-29.8M
Gross Margin
Operating Margin
60.0%
-30.8%
Net Margin
14.2%
-30.5%
Revenue YoY
55.6%
6.2%
Net Profit YoY
-83.7%
-441.0%
EPS (diluted)
$0.24
$-1.73

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
SNDA
SNDA
Q4 25
$56.8M
$97.7M
Q3 25
$50.8M
$98.0M
Q2 25
$47.5M
$93.5M
Q1 25
$44.0M
$91.9M
Q4 24
$36.5M
$91.9M
Q3 24
$28.5M
$74.8M
Q2 24
$26.0M
$70.2M
Q1 24
$19.0M
$67.4M
Net Profit
LB
LB
SNDA
SNDA
Q4 25
$8.1M
$-29.8M
Q3 25
$8.1M
$-26.9M
Q2 25
$7.5M
$-1.6M
Q1 25
$6.5M
$-12.5M
Q4 24
$49.3M
$-5.5M
Q3 24
$2.7M
$-13.8M
Q2 24
$-57.7M
$-9.8M
Q1 24
$10.8M
$27.0M
Operating Margin
LB
LB
SNDA
SNDA
Q4 25
60.0%
-30.8%
Q3 25
60.8%
-27.8%
Q2 25
60.0%
-2.0%
Q1 25
57.0%
21.9%
Q4 24
49.4%
-6.7%
Q3 24
11.2%
-19.0%
Q2 24
-197.4%
-13.9%
Q1 24
71.1%
22.1%
Net Margin
LB
LB
SNDA
SNDA
Q4 25
14.2%
-30.5%
Q3 25
15.9%
-27.4%
Q2 25
15.8%
-1.7%
Q1 25
14.7%
-13.6%
Q4 24
135.2%
-6.0%
Q3 24
9.3%
-18.4%
Q2 24
-222.1%
-14.0%
Q1 24
56.7%
40.1%
EPS (diluted)
LB
LB
SNDA
SNDA
Q4 25
$0.24
$-1.73
Q3 25
$0.26
$-1.56
Q2 25
$0.24
$-0.16
Q1 25
$0.20
$-0.77
Q4 24
$-0.86
Q3 24
$-0.04
$-0.98
Q2 24
$-0.86
Q1 24
$2.16

Balance Sheet & Financial Strength

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

Metric
LB
LB
SNDA
SNDA
Cash + ST InvestmentsLiquidity on hand
$30.7M
$11.0M
Total DebtLower is stronger
$570.7M
$689.7M
Stockholders' EquityBook value
$340.3M
$-11.0K
Total Assets
$1.4B
$844.8M
Debt / EquityLower = less leverage
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LB
LB
SNDA
SNDA
Q4 25
$30.7M
$11.0M
Q3 25
$28.3M
$17.0M
Q2 25
$20.3M
$14.1M
Q1 25
$14.9M
$14.0M
Q4 24
$37.0M
$17.0M
Q3 24
$14.4M
$24.9M
Q2 24
$24.6M
$9.5M
Q1 24
$24.2M
Total Debt
LB
LB
SNDA
SNDA
Q4 25
$570.7M
$689.7M
Q3 25
$366.1M
$684.4M
Q2 25
$370.9M
$677.9M
Q1 25
$375.5M
$650.9M
Q4 24
$385.5M
$651.4M
Q3 24
$242.4M
$604.1M
Q2 24
$360.8M
$583.8M
Q1 24
$578.1M
Stockholders' Equity
LB
LB
SNDA
SNDA
Q4 25
$340.3M
$-11.0K
Q3 25
$272.0M
$29.8M
Q2 25
$266.4M
$56.7M
Q1 25
$217.0M
$58.8M
Q4 24
$211.8M
$71.8M
Q3 24
$97.2M
$77.5M
Q2 24
$296.4M
$-34.1M
Q1 24
$162.3M
$-41.4M
Total Assets
LB
LB
SNDA
SNDA
Q4 25
$1.4B
$844.8M
Q3 25
$1.1B
$854.8M
Q2 25
$1.1B
$849.8M
Q1 25
$1.0B
$824.5M
Q4 24
$1.0B
$841.9M
Q3 24
$689.9M
$796.2M
Q2 24
$710.5M
$652.2M
Q1 24
$636.3M
Debt / Equity
LB
LB
SNDA
SNDA
Q4 25
1.68×
Q3 25
1.35×
22.99×
Q2 25
1.39×
11.96×
Q1 25
1.73×
11.08×
Q4 24
1.82×
9.07×
Q3 24
2.49×
7.79×
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
SNDA
SNDA
Operating Cash FlowLast quarter
$126.3M
$-400.0K
Free Cash FlowOCF − Capex
$122.0M
$-9.3M
FCF MarginFCF / Revenue
214.9%
-9.5%
Capex IntensityCapex / Revenue
7.5%
9.1%
Cash ConversionOCF / Net Profit
15.68×
TTM Free Cash FlowTrailing 4 quarters
$207.7M
$-8.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LB
LB
SNDA
SNDA
Q4 25
$126.3M
$-400.0K
Q3 25
$34.9M
$12.0M
Q2 25
$37.3M
$8.9M
Q1 25
$15.9M
$3.8M
Q4 24
$67.6M
$-3.1M
Q3 24
$7.5M
$3.0M
Q2 24
$16.0M
$2.5M
Q1 24
$17.2M
$-4.1M
Free Cash Flow
LB
LB
SNDA
SNDA
Q4 25
$122.0M
$-9.3M
Q3 25
$33.7M
$3.0M
Q2 25
$36.1M
$1.9M
Q1 25
$15.8M
$-4.5M
Q4 24
$66.7M
$-10.4M
Q3 24
$7.1M
$-5.1M
Q2 24
$15.7M
$-1.7M
Q1 24
$17.1M
$-9.9M
FCF Margin
LB
LB
SNDA
SNDA
Q4 25
214.9%
-9.5%
Q3 25
66.3%
3.0%
Q2 25
75.9%
2.1%
Q1 25
36.0%
-4.9%
Q4 24
182.6%
-11.3%
Q3 24
25.1%
-6.8%
Q2 24
60.4%
-2.4%
Q1 24
90.1%
-14.6%
Capex Intensity
LB
LB
SNDA
SNDA
Q4 25
7.5%
9.1%
Q3 25
2.3%
9.2%
Q2 25
2.6%
7.5%
Q1 25
0.2%
9.1%
Q4 24
2.7%
7.9%
Q3 24
1.1%
10.8%
Q2 24
1.4%
5.9%
Q1 24
0.5%
8.5%
Cash Conversion
LB
LB
SNDA
SNDA
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×
-0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LB
LB

Segment breakdown not available.

SNDA
SNDA

Health Care Resident Service$86.3M88%
Community Reimbursement Revenue$10.3M11%
Management Service$1.1M1%

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