Oil & Gas Equipment & Services
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LB vs VNOM
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
LB vs VNOM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Equipment & Services | Oil & Gas Midstream |
| Market Cap | $5.09B | $17.89B |
| Revenue (TTM) | $206M | $1.60B |
| Net Income (TTM) | $41M | $-46M |
| Gross Margin | 69.1% | 46.3% |
| Operating Margin | 32.4% | 43.1% |
| Forward P/E | 47.2x | 21.1x |
| Total Debt | $692K | $2.19B |
| Cash & Equiv. | $31M | $13M |
LB vs VNOM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 24 | May 26 | Return |
|---|---|---|---|
| LandBridge Company … (LB) | 100 | 285.1 | +185.1% |
| Viper Energy, Inc. (VNOM) | 100 | 127.1 | +27.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LB vs VNOM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
LB is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth 81.1%, EPS growth 14.0%, 3Y rev CAGR 56.7%
- Lower volatility, beta 1.00, Low D/E 0.1%, current ratio 4.87x
- 81.1% revenue growth vs VNOM's 56.6%
VNOM carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 0.38, yield 4.8%
- 247.5% 10Y total return vs LB's 187.8%
- Beta 0.38, yield 4.8%, current ratio 3.72x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 81.1% revenue growth vs VNOM's 56.6% | |
| Value | Lower P/E (21.1x vs 47.2x) | |
| Quality / Margins | 20.0% margin vs VNOM's -2.9% | |
| Stability / Safety | Beta 0.38 vs LB's 1.00 | |
| Dividends | 4.8% yield, vs LB's 3.5% | |
| Momentum (1Y) | +24.8% vs LB's -14.9% | |
| Efficiency (ROA) | 3.4% ROA vs VNOM's -0.4%, ROIC 10.4% vs 5.0% |
LB vs VNOM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
LB vs VNOM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — LB and VNOM each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VNOM is the larger business by revenue, generating $1.6B annually — 7.8x LB's $206M. LB is the more profitable business, keeping 20.0% of every revenue dollar as net income compared to VNOM's -2.9%. On growth, VNOM holds the edge at +102.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $206M | $1.6B |
| EBITDAEarnings before interest/tax | $80M | $1.4B |
| Net IncomeAfter-tax profit | $41M | -$46M |
| Free Cash FlowCash after capex | $166M | -$4.4B |
| Gross MarginGross profit ÷ Revenue | +69.1% | +46.3% |
| Operating MarginEBIT ÷ Revenue | +32.4% | +43.1% |
| Net MarginNet income ÷ Revenue | +20.0% | -2.9% |
| FCF MarginFCF ÷ Revenue | +80.5% | -2.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +16.0% | +102.4% |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | -14.5% |
Valuation Metrics
VNOM leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, VNOM's 16.9x EV/EBITDA is more attractive than LB's 38.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.1B | $17.9B |
| Enterprise ValueMkt cap + debt − cash | $5.1B | $20.1B |
| Trailing P/EPrice ÷ TTM EPS | 61.11x | -99.36x |
| Forward P/EPrice ÷ next-FY EPS est. | 47.16x | 21.06x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 38.92x | 16.92x |
| Price / SalesMarket cap ÷ Revenue | 25.56x | 13.29x |
| Price / BookPrice ÷ Book value/share | 2.31x | 0.66x |
| Price / FCFMarket cap ÷ FCF | 41.69x | — |
Profitability & Efficiency
LB leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
LB delivers a 5.5% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-0 for VNOM. LB carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to VNOM's 0.21x. On the Piotroski fundamental quality scale (0–9), LB scores 9/9 vs VNOM's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.5% | -0.5% |
| ROA (TTM)Return on assets | +3.4% | -0.4% |
| ROICReturn on invested capital | +10.4% | +5.0% |
| ROCEReturn on capital employed | +10.1% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 9 | 3 |
| Debt / EquityFinancial leverage | 0.00x | 0.21x |
| Net DebtTotal debt minus cash | -$30M | $2.2B |
| Cash & Equiv.Liquid assets | $31M | $13M |
| Total DebtShort + long-term debt | $692,000 | $2.2B |
| Interest CoverageEBIT ÷ Interest expense | 2.90x | 2.67x |
Total Returns (Dividends Reinvested)
Evenly matched — LB and VNOM each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in VNOM five years ago would be worth $31,488 today (with dividends reinvested), compared to $28,778 for LB. Over the past 12 months, VNOM leads with a +24.8% total return vs LB's -14.9%. The 3-year compound annual growth rate (CAGR) favors LB at 42.2% vs VNOM's 26.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +36.4% | +24.3% |
| 1-Year ReturnPast 12 months | -14.9% | +24.8% |
| 3-Year ReturnCumulative with dividends | +187.8% | +100.8% |
| 5-Year ReturnCumulative with dividends | +187.8% | +214.9% |
| 10-Year ReturnCumulative with dividends | +187.8% | +247.5% |
| CAGR (3Y)Annualised 3-year return | +42.2% | +26.2% |
Risk & Volatility
VNOM leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
VNOM is the less volatile stock with a 0.38 beta — it tends to amplify market swings less than LB's 1.00 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. VNOM currently trades 93.3% from its 52-week high vs LB's 75.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.00x | 0.38x |
| 52-Week HighHighest price in past year | $87.60 | $51.13 |
| 52-Week LowLowest price in past year | $43.75 | $35.10 |
| % of 52W HighCurrent price vs 52-week peak | +75.3% | +93.3% |
| RSI (14)Momentum oscillator 0–100 | 45.6 | 63.5 |
| Avg Volume (50D)Average daily shares traded | 389K | 2.9M |
Analyst Outlook
VNOM leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates LB as "Buy" and VNOM as "Buy". Consensus price targets imply 13.6% upside for VNOM (target: $54) vs 11.1% for LB (target: $73). For income investors, VNOM offers the higher dividend yield at 4.83% vs LB's 3.47%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $73.33 | $54.20 |
| # AnalystsCovering analysts | 52 | 42 |
| Dividend YieldAnnual dividend ÷ price | +3.5% | +4.8% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $2.29 | $2.30 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.1% |
VNOM leads in 3 of 6 categories (Valuation Metrics, Risk & Volatility). LB leads in 1 (Profitability & Efficiency). 2 tied.
LB vs VNOM: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is LB or VNOM a better buy right now?
For growth investors, LandBridge Company LLC (LB) is the stronger pick with 81.
1% revenue growth year-over-year, versus 56. 6% for Viper Energy, Inc. (VNOM). LandBridge Company LLC (LB) offers the better valuation at 61. 1x trailing P/E (47. 2x forward), making it the more compelling value choice. Analysts rate LandBridge Company LLC (LB) a "Buy" — based on 52 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — LB or VNOM?
On forward P/E, Viper Energy, Inc.
is actually cheaper at 21. 1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — LB or VNOM?
Over the past 5 years, Viper Energy, Inc.
(VNOM) delivered a total return of +214. 9%, compared to +187. 8% for LandBridge Company LLC (LB). Over 10 years, the gap is even starker: VNOM returned +247. 5% versus LB's +187. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — LB or VNOM?
By beta (market sensitivity over 5 years), Viper Energy, Inc.
(VNOM) is the lower-risk stock at 0. 38β versus LandBridge Company LLC's 1. 00β — meaning LB is approximately 165% more volatile than VNOM relative to the S&P 500. On balance sheet safety, LandBridge Company LLC (LB) carries a lower debt/equity ratio of 0% versus 21% for Viper Energy, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — LB or VNOM?
By revenue growth (latest reported year), LandBridge Company LLC (LB) is pulling ahead at 81.
1% versus 56. 6% for Viper Energy, Inc. (VNOM). On earnings-per-share growth, the picture is similar: LandBridge Company LLC grew EPS 1398% year-over-year, compared to -112. 6% for Viper Energy, Inc.. Over a 3-year CAGR, LB leads at 56. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — LB or VNOM?
LandBridge Company LLC (LB) is the more profitable company, earning 15.
1% net margin versus -5. 1% for Viper Energy, Inc. — meaning it keeps 15. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LB leads at 59. 5% versus 43. 0% for VNOM. At the gross margin level — before operating expenses — LB leads at 91. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is LB or VNOM more undervalued right now?
On forward earnings alone, Viper Energy, Inc.
(VNOM) trades at 21. 1x forward P/E versus 47. 2x for LandBridge Company LLC — 26. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VNOM: 13. 6% to $54. 20.
08Which pays a better dividend — LB or VNOM?
All stocks in this comparison pay dividends.
Viper Energy, Inc. (VNOM) offers the highest yield at 4. 8%, versus 3. 5% for LandBridge Company LLC (LB).
09Is LB or VNOM better for a retirement portfolio?
For long-horizon retirement investors, Viper Energy, Inc.
(VNOM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 38), 4. 8% yield, +247. 5% 10Y return). Both have compounded well over 10 years (VNOM: +247. 5%, LB: +187. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between LB and VNOM?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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