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Liberty Energy Inc.(LBRT)Earnings, Financials & Key Ratios
LBRT•NYSE
$32.47
$5.26B mkt cap·36.5× P/E·Price updated May 6, 2026
AboutLiberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. It also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services, as well wireline services, proppant delivery solutions, data analytics, related goods and technologies. In addition, the company owns operates two sand mines in the Permian Basin. As of December 31, 2021, it had a total of approximately 30 active frac fleets. The company offers its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin. The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado.Show more
- Revenue$4.01B-7.2%
- EBITDA$582M-34.6%
- Net Income$148M-53.2%
- EPS (Diluted)0.89-52.4%
- Gross Margin11.43%-19.1%
- EBITDA Margin14.52%-29.5%
- Operating Margin2.03%-77.2%
- Net Margin3.69%-49.6%
- ROE7.29%-55.9%
- ROIC2.25%-81.6%
- Debt/Equity0.42+55.8%
- Interest Coverage5.84-56.2%
LBRT Key Insights
Liberty Energy Inc. (LBRT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 94 (top 6%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 32.9%
- ✓Good 3Y average ROE of 19.1%
- ✓Efficient asset utilization: 1.1x turnover
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LBRT Price & Volume
Liberty Energy Inc. (LBRT) stock price & volume — 10-year historical chart
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LBRT Growth Metrics
Liberty Energy Inc. (LBRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years24.29%
5 Years32.91%
3 Years-1.16%
TTM-4.02%
Profit CAGR
10 Years-
5 Years-
3 Years-28.21%
TTM-40.87%
EPS CAGR
10 Years-
5 Years-
3 Years-25%
TTM-39.57%
Return on Capital
10 Years13.09%
5 Years14.56%
3 Years17.78%
Last Year2.97%
LBRT Recent Earnings
Liberty Energy Inc. (LBRT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 22, 2026EPS
$0.06
Est $0.13
+146.2%
Revenue
$1.0B
Est $959M
+6.5%
Q1 2026
Jan 28, 2026EPS
$0.05
Est $0.16
+131.3%
Revenue
$1.0B
Est $882M
+17.8%
Q4 2025
Oct 16, 2025EPS
$0.06
Est $0.06
-3.6%
Revenue
$947M
Est $962M
-1.5%
Q3 2025
Jul 24, 2025EPS
$0.61
Est $0.16
+281.3%
Revenue
$1.0B
Est $970M
+7.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.06vs $0.13+146.2% | $1.0Bvs $959M+6.5% |
| Q1 2026 | Jan 28, 2026 | $0.05vs $0.16+131.3% | $1.0Bvs $882M+17.8% |
| Q4 2025 | Oct 16, 2025 | $0.06vs $0.06-3.6% | $947Mvs $962M-1.5% |
| Q3 2025 | Jul 24, 2025 | $0.61vs $0.16+281.3% | $1.0Bvs $970M+7.5% |
Based on last 12 quarters of dataView full earnings history →
LBRT Peer Comparison
Liberty Energy Inc. (LBRT) competitors in Completions and Stimulation Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PUMP | 1.93B | 15.77 | 2021.79 | -12.13% | -1.05% | -1.43% | 0.30 | |
 ACDC | 1.29B | 7.13 | -3.10 | -11.37% | -18.89% | -38.16% | 1.30 | |
 RES | 1.64B | 7.38 | 49.20 | 14.95% | 1.97% | 2.93% | 0.09 | |
 WTTR | 1.78B | 17.45 | 87.25 | -3.08% | 1.54% | 2.21% | 0.40 | |
 SLB | 82.8B | 55.16 | 23.47 | -1.6% | 9.38% | 13.88% | 0.45 | |
 HAL | 33.74B | 40.40 | 26.93 | -3.31% | 6.95% | 14.59% | 0.77 | |
 BKR | 66.1B | 66.65 | 25.64 | -0.34% | 11.17% | 16.13% | 0.38 | |
 NINE | 429.28M | 9.90 | -7.92 | -100% | -7.17% |
Compare LBRT vs Peers
Liberty Energy Inc. (LBRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LBRT Income Statement
Liberty Energy Inc. (LBRT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.49B | 2.16B | 1.99B | 965.79M | 2.47B | 4.15B | 4.75B | 4.32B | 4.01B | 4.05B |
| Revenue Growth % | 297.54% | 44.65% | -7.65% | -51.48% | 155.83% | 67.93% | 14.43% | -9.11% | -7.16% | -4.02% |
| Cost of Goods Sold | 1.23B | 1.75B | 1.79B | 1.04B | 2.51B | 3.47B | 3.77B | 3.71B | 3.55B | 3.62B |
| COGS % of Revenue | 82.46% | 81.38% | 89.76% | 107.48% | 101.7% | 83.68% | 79.42% | 85.87% | 88.57% | - |
| Gross Profit | 261.37M▲ 0% | 401.27M▲ 53.5% | 203.79M▼ 49.2% | -72.28M▼ 135.5% | -41.9M▲ 42.0% | 677.16M▲ 1716.1% | 977.04M▲ 44.3% | 609.61M▼ 37.6% | 457.92M▼ 24.9% | 433.12M▲ 0% |
| Gross Margin % | 17.54% | 18.62% | 10.24% | -7.48% | -1.7% | 16.32% | 20.58% | 14.13% | 11.43% | 10.69% |
| Gross Profit Growth % | 1326.07% | 53.52% | -49.21% | -135.47% | 42.03% | 1716.1% | 44.28% | -37.61% | -24.88% | - |
| Operating Expenses | 80.09M | 88.95M | 93.09M | 71.9M | 120.66M | 163.03M | 219.32M | 225.47M | 376.63M | 370.4M |
| OpEx % of Revenue | 5.38% | 4.13% | 4.68% | 7.44% | 4.88% | 3.93% | 4.62% | 5.23% | 9.4% | - |
| Selling, General & Admin | 80.09M | 88.95M | 93.09M | 71.9M | 120.66M | 163.03M | 219.32M | 225.47M | 247.44M | 241.2M |
| SG&A % of Revenue | 5.38% | 4.13% | 4.68% | 7.44% | 4.88% | 3.93% | 4.62% | 5.23% | 6.18% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 129.2M | 1000K |
| Operating Income | 181.28M▲ 0% | 312.32M▲ 72.3% | 110.7M▼ 64.6% | -144.18M▼ 230.2% | -162.56M▼ 12.7% | 514.13M▲ 416.3% | 757.72M▲ 47.4% | 384.13M▼ 49.3% | 81.28M▼ 78.8% | 62.72M▲ 0% |
| Operating Margin % | 12.17% | 14.49% | 5.56% | -14.93% | -6.58% | 12.39% | 15.96% | 8.9% | 2.03% | 1.55% |
| Operating Income Growth % | 417.45% | 72.28% | -64.56% | -230.24% | -12.75% | 416.28% | 47.38% | -49.3% | -78.84% | - |
| EBITDA | 262.76M | 437.43M | 276.08M | 35.91M | 100.2M | 837.16M | 1.18B | 889.18M | 581.62M | 549.37M |
| EBITDA Margin % | 17.64% | 20.3% | 13.87% | 3.72% | 4.06% | 20.18% | 24.84% | 20.61% | 14.52% | 13.57% |
| EBITDA Growth % | 1768.83% | 66.48% | -36.89% | -86.99% | 179.05% | 735.48% | 40.86% | -24.6% | -34.59% | -31.48% |
| D&A (Non-Cash Add-back) | 81.47M | 125.11M | 165.38M | 180.08M | 262.76M | 323.03M | 421.51M | 505.05M | 500.33M | 486.65M |
| EBIT | 181.19M | 306.94M | 106.4M | -176.76M | -162.19M | 422.22M | 764.38M | 435.96M | 235.5M | 201.8M |
| Net Interest Income | -12.64M | -17.14M | -14.68M | -14.51M | -15.6M | -22.71M | -27.51M | -32.21M | -40.31M | -38.49M |
| Interest Income | 0 | 0 | 2.8M | 263K | 0 | 0 | 1.99M | 478K | 0 | 0 |
| Interest Expense | 12.64M | 17.14M | 17.48M | 14.77M | 15.6M | 22.71M | 29.49M | 32.69M | 40.31M | 38.49M |
| Other Income/Expense | -12.78M | -22.9M | -21.78M | -47.35M | -15.23M | -114.62M | -22.83M | 19.14M | 113.91M | 136.41M |
| Pretax Income | 168.5M▲ 0% | 289.42M▲ 71.8% | 88.92M▼ 69.3% | -191.53M▼ 315.4% | -177.79M▲ 7.2% | 399.51M▲ 324.7% | 734.89M▲ 83.9% | 403.27M▼ 45.1% | 195.19M▼ 51.6% | 199.14M▲ 0% |
| Pretax Margin % | 11.31% | 13.43% | 4.47% | -19.83% | -7.2% | 9.63% | 15.48% | 9.35% | 4.87% | 4.92% |
| Income Tax | 0 | 40.38M | 14.05M | -30.86M | 9.22M | -793K | 178.48M | 87.26M | 47.32M | 48.82M |
| Effective Tax Rate % | 0% | 13.95% | 15.8% | 16.11% | -5.18% | -0.2% | 24.29% | 21.64% | 24.24% | 24.51% |
| Net Income | 0▲ 0% | 126.35M▲ 0% | 39M▼ 69.1% | -115.58M▼ 396.3% | -179.24M▼ 55.1% | 399.6M▲ 322.9% | 556.32M▲ 39.2% | 316.01M▼ 43.2% | 147.87M▼ 53.2% | 150.32M▲ 0% |
| Net Margin % | - | 5.86% | 1.96% | -11.97% | -7.25% | 9.63% | 11.72% | 7.32% | 3.69% | 3.71% |
| Net Income Growth % | - | - | -69.13% | -396.34% | -55.08% | 322.94% | 39.22% | -43.2% | -53.21% | -40.87% |
| Net Income (Continuing) | 168.5M | 249.03M | 74.86M | -160.67M | -187M | 400.3M | 556.41M | 316.01M | 147.87M | 150.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 307.75M | 226.66M | 159.41M | 17.2M | 2.29M | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.00▲ 0% | 1.07▼ 64.3% | 0.71▼ 33.6% | -1.36▼ 291.5% | -1.03▲ 24.3% | 2.11▲ 304.9% | 3.15▲ 49.3% | 1.87▼ 40.6% | 0.89▼ 52.4% | 0.90▲ 0% |
| EPS Growth % | 688.24% | -64.33% | -33.64% | -291.55% | 24.26% | 304.85% | 49.29% | -40.63% | -52.41% | -39.57% |
| EPS (Basic) | 3.00 | 1.85 | 1.03 | -1.36 | -1.03 | 2.17 | 3.24 | 1.91 | 0.91 | - |
| Diluted Shares Outstanding | 68.98M | 117.84M | 105.26M | 85.24M | 174.02M | 189.35M | 176.36M | 169.4M | 166.03M | 166.25M |
| Basic Shares Outstanding | 68.98M | 68.15M | 72.33M | 85.24M | 174.02M | 184.33M | 171.84M | 165.03M | 161.97M | 162.05M |
| Dividend Payout Ratio | - | 5.47% | 37.88% | - | - | 2.29% | 6.77% | 15.29% | 36.84% | - |
LBRT Balance Sheet
Liberty Energy Inc. (LBRT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 352.03M | 461.22M | 488.97M | 567.13M | 630.38M | 956.67M | 954.25M | 848.52M | 877.97M | 1.68B |
| Cash & Short-Term Investments | 16.32M | 103.31M | 112.69M | 68.98M | 20M | 43.68M | 36.78M | 19.98M | 27.55M | 699.15M |
| Cash Only | 16.32M | 103.31M | 112.69M | 68.98M | 20M | 43.68M | 36.78M | 19.98M | 27.55M | 699.15M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 258.79M | 247.96M | 252.91M | 338.66M | 407.45M | 586.01M | 587.47M | 539.86M | 605.37M | 729.43M |
| Days Sales Outstanding | 63.4 | 42 | 46.38 | 127.99 | 60.19 | 51.55 | 45.16 | 45.66 | 55.16 | 56.69 |
| Inventory | 55.52M | 60.02M | 88.55M | 118.57M | 134.59M | 214.45M | 205.87M | 203.47M | 188.13M | 185.26M |
| Days Inventory Outstanding | 16.5 | 12.49 | 18.09 | 41.69 | 19.55 | 22.54 | 19.93 | 20.04 | 19.35 | 19.15 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 112.53M | 124.14M | 85.21M | 56.92M | 66.63M |
| Total Non-Current Assets | 500.07M | 655.28M | 794.46M | 1.32B | 1.41B | 1.62B | 2.08B | 2.45B | 2.68B | 2.76B |
| Property, Plant & Equipment | 494.78M | 627.05M | 760.12M | 1.24B | 1.33B | 1.5B | 1.92B | 2.25B | 0 | 2.53B |
| Fixed Asset Turnover | 3.01x | 3.44x | 2.62x | 0.78x | 1.86x | 2.76x | 2.47x | 1.92x | - | 1.68x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 54M | 7.1M | 0 | 0 | 0 | 12.6M | 0 |
| Long-Term Investments | 0 | 0 | 0 | -54M | -7.1M | 0 | 31.65M | 81.04M | 70.84M | 392.73M |
| Other Non-Current Assets | 5.3M | 28.23M | -25.65M | 81.89M | 82.29M | 105.3M | 127.33M | 119.4M | 2.6B | 536.91M |
| Total Assets | 852.1M▲ 0% | 1.12B▲ 31.0% | 1.28B▲ 15.0% | 1.89B▲ 47.3% | 2.04B▲ 8.0% | 2.58B▲ 26.2% | 3.03B▲ 17.8% | 3.3B▲ 8.7% | 3.56B▲ 7.9% | 4.44B▲ 0% |
| Asset Turnover | 1.75x | 1.93x | 1.55x | 0.51x | 1.21x | 1.61x | 1.57x | 1.31x | 1.13x | 1.08x |
| Asset Growth % | 88.58% | 31.03% | 14.95% | 47.26% | 7.97% | 26.23% | 17.77% | 8.66% | 7.95% | 53.56% |
| Total Current Liabilities | 220.5M | 219.74M | 266.5M | 356.15M | 569.25M | 649.5M | 639.42M | 666.52M | 720.35M | 759.83M |
| Accounts Payable | 66.85M | 80.49M | 117.61M | 193.34M | 288.8M | 326.82M | 293.73M | 314.12M | 598.66M | 642.18M |
| Days Payables Outstanding | 19.86 | 16.75 | 24.03 | 67.98 | 41.95 | 34.36 | 28.43 | 30.94 | 61.58 | 55.63 |
| Short-Term Debt | 11K | 385K | 39.93M | 44.42M | 40.78M | 39.71M | 67.39M | 95.22M | 121.69M | 117.65M |
| Deferred Revenue (Current) | 9.23M | 0 | 0 | 0 | 4.55M | 3.86M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 119.43M | 116.07M | 78.82M | 90.14M | 174.61M | 192.15M | 165.94M | 170.74M | 0 | 0 |
| Current Ratio | 1.60x | 2.10x | 1.83x | 1.59x | 1.11x | 1.47x | 1.49x | 1.27x | 1.22x | 1.22x |
| Quick Ratio | 1.34x | 1.83x | 1.50x | 1.26x | 0.87x | 1.14x | 1.17x | 0.97x | 0.96x | 0.96x |
| Cash Conversion Cycle | 60.04 | 37.74 | 40.44 | 101.7 | 37.79 | 39.74 | 36.66 | 34.76 | 12.92 | 20.21 |
| Total Non-Current Liabilities | 196.35M | 155.95M | 295.43M | 223.75M | 240.97M | 429.13M | 552.72M | 651M | 759.06M | 1.74B |
| Long-Term Debt | 196.35M | 106.14M | 105.73M | 105.41M | 121.44M | 217.43M | 140M | 190.5M | 496.59M | 1.27B |
| Capital Lease Obligations | 0 | 0 | 61.57M | 61.75M | 81.41M | 91.78M | 197.91M | 247.89M | 255.08M | 992.47M |
| Deferred Tax Liabilities | 0 | 32.99M | 79.64M | 0 | 563K | 1.04M | 102.34M | 137.73M | 195.6M | 677.12M |
| Other Non-Current Liabilities | 0 | 16.82M | 48.48M | 56.59M | 37.55M | 118.87M | 112.47M | 74.89M | -188.21M | 13.02M |
| Total Liabilities | 416.85M | 375.69M | 561.92M | 579.9M | 810.22M | 1.08B | 1.19B | 1.32B | 1.48B | 2.5B |
| Total Debt | 196.36M | 106.52M | 207.23M | 211.58M | 243.63M | 348.92M | 405.31M | 533.61M | 873.37M | 351.8M |
| Net Debt | 180.04M | 3.21M | 94.54M | 142.61M | 223.64M | 305.24M | 368.52M | 513.62M | 845.81M | -347.34M |
| Debt / Equity | 0.45x | 0.14x | 0.27x | 0.16x | 0.20x | 0.23x | 0.22x | 0.27x | 0.42x | 0.42x |
| Debt / EBITDA | 0.75x | 0.24x | 0.75x | 5.89x | 2.43x | 0.42x | 0.34x | 0.60x | 1.50x | 0.64x |
| Net Debt / EBITDA | 0.69x | 0.01x | 0.34x | 3.97x | 2.23x | 0.36x | 0.31x | 0.58x | 1.45x | 1.45x |
| Interest Coverage | 14.34x | 17.90x | 6.09x | -11.97x | -10.39x | 18.59x | 25.92x | 13.34x | 5.84x | 5.24x |
| Total Equity | 435.25M▲ 0% | 740.81M▲ 70.2% | 781.49M▲ 5.5% | 1.31B▲ 67.6% | 1.23B▼ 6.1% | 1.5B▲ 21.7% | 1.84B▲ 23.0% | 1.98B▲ 7.5% | 2.08B▲ 5.1% | 1.95B▲ 0% |
| Equity Growth % | 90.09% | 70.2% | 5.49% | 67.63% | -6.08% | 21.69% | 22.98% | 7.46% | 5.05% | 13.93% |
| Book Value per Share | 6.31 | 6.29 | 7.42 | 15.37 | 7.07 | 7.91 | 10.44 | 11.68 | 12.52 | 11.72 |
| Total Shareholders' Equity | 435.25M | 433.07M | 554.83M | 1.15B | 1.21B | 1.5B | 1.84B | 1.98B | 2.08B | 1.95B |
| Common Stock | 392.77M | 1.14M | 1.13M | 1.79M | 1.86M | 1.79M | 1.67M | 1.62M | 1.62M | 1.62M |
| Retained Earnings | 0 | 119.27M | 143.1M | 23.29M | -155.95M | 234.53M | 752.33M | 1.02B | 1.11B | 1.12B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | -306K | -7.4M | -6.08M | -19.75M | -13.86M | -15.69M |
| Minority Interest | 0 | 307.75M | 226.66M | 159.41M | 17.2M | 2.29M | 0 | 0 | 0 | 0 |
LBRT Cash Flow Statement
Liberty Energy Inc. (LBRT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 195.11M | 351.26M | 261.1M | 85.36M | 135.47M | 530.36M | 1.01B | 829.37M | 609.6M | 609.6M |
| Operating CF Margin % | 13.1% | 16.3% | 13.12% | 8.84% | 5.48% | 12.78% | 21.37% | 19.22% | 15.22% | - |
| Operating CF Growth % | 579.29% | 80.03% | -25.67% | -67.31% | 58.7% | 291.51% | 91.3% | -18.25% | -26.5% | -195.62% |
| Net Income | 168.5M | 126.35M | 39M | -115.58M | -179.24M | 399.6M | 556.32M | 316.01M | 147.87M | 150.32M |
| Depreciation & Amortization | 81.47M | 125.11M | 168.57M | 183.75M | 266.58M | 326.76M | 421.51M | 505.05M | 500.33M | 486.65M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41.92M | 31.87M |
| Deferred Taxes | 0 | 20.49M | 23.41M | -25.55M | 5.08M | -12.47M | 120.31M | 33.84M | 54.64M | 63.94M |
| Other Non-Cash Items | 2.72M | 131.21M | 57.14M | -19.69M | -3.29M | 97.12M | 31.42M | -14.8M | -135.31M | -269.45M |
| Working Capital Changes | -57.58M | -51.9M | -27.02M | 62.43M | 46.34M | -280.65M | -114.98M | -10.73M | 143K | -37.45M |
| Change in Receivables | -130.23M | 11.98M | -6M | 62.69M | -90.14M | -192.13M | -243K | 59.46M | -65.6M | -186.34M |
| Change in Inventory | -27.64M | -4.61M | -30.48M | 2.14M | -24.61M | -84.99M | -114K | 66K | 12.02M | 15.5M |
| Change in Payables | 112.9M | -26.5M | 21.39M | -15.28M | 164.46M | 55.93M | -45.13M | -40.74M | 97.55M | 18.85M |
| Cash from Investing | -310.04M | -255.49M | -194.35M | -100.27M | -186.49M | -450.66M | -672.33M | -643.11M | -435.04M | -466.2M |
| Capital Expenditures | -311.79M | -258.83M | -195.17M | -103.64M | -198.79M | -459.32M | -603.3M | -651.03M | -595.49M | -618.56M |
| CapEx % of Revenue | 20.93% | 12.01% | 9.81% | 10.73% | 8.05% | 11.07% | 12.71% | 15.09% | 14.86% | - |
| Acquisitions | 1.75M | 3.34M | 826K | 3.37M | 25.41M | -15M | -95.94M | 0 | -15.21M | 2.54M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.75M | 3.34M | 0 | 0 | 25.41M | 23.66M | 26.91M | 23.98M | 24.69M | 28.75M |
| Cash from Financing | 119.77M | -8.78M | -57.38M | -28.87M | 2.06M | -55.77M | -349.31M | -202.71M | -167.54M | 714.93M |
| Debt Issued (Net) | 95.94M | -91.05M | -13.89M | -13.41M | 8.89M | 88.3M | -97.11M | 198K | -24.71M | -26.56M |
| Equity Issued (Net) | -62.74M | 121.37M | -18.4M | -1.64M | -3.58M | -135.03M | -203.32M | -129.25M | -24.88M | -924K |
| Dividends Paid | 0 | -6.91M | -14.78M | -4.43M | -168K | -9.16M | -37.68M | -48.31M | -54.48M | -55.91M |
| Share Repurchases | -62.74M | -108.8M | -18.4M | 0 | -3.58M | -125.31M | -203.1M | -129.25M | -24.88M | -924K |
| Other Financing | 86.57M | -32.2M | -10.31M | -9.38M | -3.08M | 120K | -11.2M | -25.34M | -63.48M | 798.32M |
| Net Change in Cash | 4.84M▲ 0% | 86.99M▲ 1698.4% | 9.38M▼ 89.2% | -43.71M▼ 566.1% | -48.98M▼ 12.1% | 23.68M▲ 148.3% | -6.89M▼ 129.1% | -16.8M▼ 143.8% | 7.57M▲ 145.1% | 675.05M▲ 0% |
| Free Cash Flow | -116.69M▲ 0% | 92.42M▲ 179.2% | 65.93M▼ 28.7% | -18.21M▼ 127.6% | -63.33M▼ 247.7% | 71.04M▲ 212.2% | 411.29M▲ 478.9% | 178.34M▼ 56.6% | 14.11M▼ 92.1% | -192.68M▲ 0% |
| FCF Margin % | -7.83% | 4.29% | 3.31% | -1.89% | -2.56% | 1.71% | 8.66% | 4.13% | 0.35% | -4.76% |
| FCF Growth % | 18.48% | 179.21% | -28.67% | -127.62% | -247.72% | 212.19% | 478.92% | -56.64% | -92.09% | -186.75% |
| FCF per Share | -1.69 | 0.78 | 0.63 | -0.21 | -0.36 | 0.38 | 2.33 | 1.05 | 0.08 | 0.08 |
| FCF Conversion (FCF/Net Income) | - | 2.78x | 6.69x | -0.74x | -0.76x | 1.33x | 1.82x | 2.62x | 4.12x | -1.28x |
| Interest Paid | 0 | 13.96M | 12.64M | 0 | 0 | 20.31M | 26.65M | 33.08M | 39.73M | 30.69M |
| Taxes Paid | 0 | 27.26M | 1.04M | 0 | 0 | 10.74M | 66.69M | 35.86M | 11.05M | 10.22M |
LBRT Key Ratios
Liberty Energy Inc. (LBRT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | 21.49% | 5.12% | -11.05% | -14.11% | 29.3% | 33.33% | 16.54% | 7.29% | 7.39% |
| Return on Invested Capital (ROIC) | 29.03% | 34.46% | 10.25% | -9.29% | -8.39% | 23.68% | 28.33% | 12.25% | 2.25% | 2.25% |
| Gross Margin | 17.54% | 18.62% | 10.24% | -7.48% | -1.7% | 16.32% | 20.58% | 14.13% | 11.43% | 10.69% |
| Net Margin | - | 5.86% | 1.96% | -11.97% | -7.25% | 9.63% | 11.72% | 7.32% | 3.69% | 3.71% |
| Debt / Equity | 0.45x | 0.14x | 0.27x | 0.16x | 0.20x | 0.23x | 0.22x | 0.27x | 0.42x | 0.42x |
| Interest Coverage | 14.34x | 17.90x | 6.09x | -11.97x | -10.39x | 18.59x | 25.92x | 13.34x | 5.84x | 5.24x |
| FCF Conversion | - | 2.78x | 6.69x | -0.74x | -0.76x | 1.33x | 1.82x | 2.62x | 4.12x | -1.28x |
| Revenue Growth | 297.54% | 44.65% | -7.65% | -51.48% | 155.83% | 67.93% | 14.43% | -9.11% | -7.16% | -4.02% |
LBRT SEC Filings & Documents
Liberty Energy Inc. (LBRT) SEC filings — annual & quarterly reports (10-K, 10-Q)
LBRT Frequently Asked Questions
Liberty Energy Inc. (LBRT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Liberty Energy Inc. (LBRT) reported $4.05B in revenue for fiscal year 2025. This represents a 789% increase from $455.4M in 2015.
Liberty Energy Inc. (LBRT) saw revenue decline by 7.2% over the past year.
Yes, Liberty Energy Inc. (LBRT) is profitable, generating $150.3M in net income for fiscal year 2025 (3.7% net margin).
Dividend & Returns
Yes, Liberty Energy Inc. (LBRT) pays a dividend with a yield of 1.01%. This makes it attractive for income-focused investors.
Liberty Energy Inc. (LBRT) has a return on equity (ROE) of 7.3%. This is below average, suggesting room for improvement.
Liberty Energy Inc. (LBRT) had negative free cash flow of $192.7M in fiscal year 2025, likely due to heavy capital investments.
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