LandBridge LLC (LB) vs SM Energy (SM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
LandBridge LLC (LB) has outperformed SM Energy (SM) over the past year, gaining 57.5% versus a gain of 39.4%. SM Energy is the larger company by market cap ($8.38 billion vs $6.71 billion), about 1.2 times the size, while LandBridge LLC is growing revenue faster (+81.1% vs +17.2%). On valuation, SM Energy trades at a lower forward P/E (4.4x vs 36.6x for LandBridge LLC).
SM Energy offers the higher dividend yield (2.33% vs 0.51%). SM Energy converts more of its revenue into profit, with a net margin of 20.5% versus 15.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LB | SM |
|---|---|---|
| Share price | $85.72 | $35.25 |
| Market cap | $6.71B | $8.38B |
| 1-day change | +0.08% | +0.43% |
| YTD return | +74.97% | +88.50% |
| 1-year return | +57.54% | +39.44% |
| 5-year return | — | +21.18% |
| P/E ratio (TTM) | 75.86 | 6.25 |
| Forward P/E | 36.63 | 4.36 |
| EPS (TTM) | $1.13 | $5.64 |
| Dividend yield | 0.51% | 2.33% |
| Annual dividend | $0.44 | $0.82 |
| Revenue (latest FY) | $199.09M | $3.15B |
| Revenue growth (YoY) | +81.07% | +17.25% |
| Net income (latest FY) | $30.13M | $648.00M |
| Gross margin | — | 71.94% |
| Operating margin | 59.52% | 31.71% |
| Net margin | 15.13% | 20.55% |
| 52-week high | $91.69 | $41.56 |
| 52-week low | $43.75 | $17.45 |
| Distance from 52-week high | -6.51% | -15.18% |
| Analyst consensus | none | buy |
| Avg. price target upside | +3.32% | +24.31% |
| Average volume | 270.68K | 3.71M |
| Shares outstanding | 29.65M | 237.85M |
| Employees | — | 1,241 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LB has outperformed SM by 18.1 percentage points over the past year.
- LandBridge LLC trades at a higher earnings multiple (75.9x vs 6.3x trailing P/E).
- SM Energy offers a meaningfully higher dividend yield (2.33% vs 0.51%).
- SM Energy is more profitable, keeping 20.5 cents of every revenue dollar as net income versus 15.1 cents for LandBridge LLC.
- LandBridge LLC grew revenue faster in its latest fiscal year (+81.07% vs +17.25%).
About LandBridge LLC
LB stock →LandBridge Company LLC, together with its subsidiaries, owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico.
Energy · Oil & Gas Production
About SM Energy
SM stock →SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin.
Energy · Oil & Gas Production · 1,241 employees
LB vs SM FAQ
Which is bigger, LandBridge LLC or SM Energy?
SM Energy (SM) is larger, with a market capitalization of $8.38B compared with $6.71B for LandBridge LLC (LB).
Which stock has performed better over the past year, LB or SM?
LB returned +57.54% over the past 12 months, compared with +39.44% for SM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LB or SM?
SM has the lower trailing P/E at 6.3, versus 75.9 for LB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, LandBridge LLC or SM Energy?
SM Energy has the higher yield at 2.33%, compared with 0.51% for LandBridge LLC.
Are LandBridge LLC and SM Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.