L Brands, Inc.

L Brands, Inc. Earnings Recaps

LB Consumer Discretionary 1 recap
Q3 2025 Nov 13, 2025

LandBridge reported robust Q3 2025 earnings, achieving a 7% sequential revenue growth and a remarkable 79% year-over-year increase in adjusted EBITDA, driven by diverse revenue streams and strategic land acquisitions.

Key takeaways
  • Total revenue reached $50.8 million, with significant contributions from oil and gas royalties and resource sales.
  • Adjusted EBITDA was $44.9 million, reflecting an impressive margin of 88% and underscoring operational efficiency.
  • Strategic land acquisitions, including 37,500 acres, are expected to add approximately $20 million in EBITDA starting 2026.
  • The company declared a quarterly dividend of $0.10 per share, with total liquidity of $108.3 million supporting ongoing growth initiatives.
  • Consistent performance leads to reaffirmed full-year 2025 guidance of $165 million to $175 million in adjusted EBITDA.
Full recap