LBRT · Liberty Energy Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | - | $947.40M | $1.04B | $977.46M | - | $1.14B | $1.16B | $1.07B | - |
| Cost of Revenue | $843.82M | - | $769.76M | $812.11M | $761.62M | - | $840.27M | $835.80M | $782.68M | - |
| Gross Profit | $177.37M | - | $177.64M | $230.41M | $215.84M | - | $298.30M | $324.09M | $290.44M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $59.54M | - | $58.28M | $58.34M | $65.78M | - | $58.61M | $57.70M | $52.99M | - |
| Total Operating Expenses | $998.91M | - | $949.82M | $1.01B | $959.29M | - | $1.03B | $1.02B | $957.69M | - |
| D&A | $114.06M | - | $122.98M | $129.37M | $127.74M | - | $126.39M | $123.31M | $123.19M | - |
| Operating Income | $22.28M | - | ($2.42M) | $37.07M | $18.17M | - | $107.28M | $141.83M | $115.43M | - |
| Interest Expense | $7.73M | - | $10.90M | $8.06M | $7.54M | - | $7.31M | - | $7.06M | - |
| Income Tax | $9.30M | - | $11.98M | $24.14M | $7.81M | - | $22.16M | $32.55M | $26.48M | - |
| Net Income | $22.56M | - | $43.05M | $71.02M | $20.11M | - | $73.80M | $108.42M | $81.89M | - |
| EPS - Basic | $0.14 | - | $0.27 | $0.44 | $0.12 | - | $0.45 | $0.65 | $0.49 | - |
| EPS - Diluted | $0.14 | - | $0.26 | $0.43 | $0.12 | - | $0.44 | $0.64 | $0.48 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $699.15M | $27.55M | $13.45M | $19.56M | $24.10M | $19.98M | $23.01M | $30.04M | $23.79M | $36.78M |
| Accounts Receivable | $351.72M | - | - | - | - | - | - | - | - | - |
| Inventory | $185.26M | $188.13M | $184.42M | $201.27M | $202.87M | $203.47M | $197.56M | $206.39M | $210.06M | $205.87M |
| Accounts Payable | $377.60M | $358.62M | $350.10M | $404.46M | $369.11M | $314.12M | $347.07M | $348.27M | $316.00M | $293.73M |
| Current Assets | $1.68B | $877.97M | $894.41M | $921.38M | $858.51M | $848.52M | $922.52M | $1.00B | $978.01M | $954.25M |
| Total Assets | $4.44B | $3.56B | $3.50B | $3.44B | $3.36B | $3.30B | $3.27B | $3.24B | $3.10B | $3.03B |
| Current Liabilities | $759.83M | $720.35M | $677.20M | $793.38M | $716.56M | $666.52M | $748.57M | $743.90M | $662.37M | $639.42M |
| Long-term Debt | $1.27B | $241.51M | $253.00M | $160.00M | $210.00M | $190.50M | $123.00M | $147.00M | $166.00M | $140.00M |
| Total Liabilities | $2.50B | $1.48B | $1.43B | $1.41B | $1.38B | $1.32B | $1.30B | $1.30B | $1.21B | $1.19B |
| Stockholders' Equity | $1.95B | $2.08B | $2.07B | $1.94B | $1.98B | $1.98B | $1.97B | $1.94B | $1.88B | $1.84B |
| Retained Earnings | $1.12B | $1.11B | $1.11B | $1.08B | $1.03B | $1.02B | $980.91M | $918.84M | $822.26M | $752.33M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.40M | - | - | - | $192.12M | - | - | - | $159.40M | - |
| Investing Cash Flow | ($137.34M) | - | - | - | ($106.17M) | - | - | - | ($141.99M) | - |
| Financing Cash Flow | $800.63M | - | - | - | ($81.85M) | - | - | - | ($30.23M) | - |
| CapEx | $157.00M | - | - | - | $133.93M | - | - | - | $144.99M | - |
| Free Cash Flow | ($148.60M) | - | - | - | $58.19M | - | - | - | $14.41M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 17.4% | - | 18.7% | 22.1% | 22.1% | - | 26.2% | 27.9% | 27.1% | - |
| Operating margin | 2.2% | - | -0.3% | 3.6% | 1.9% | - | 9.4% | 12.2% | 10.8% | - |
| EBITDA margin | 13.4% | - | 12.7% | 16.0% | 14.9% | - | 20.5% | 22.9% | 22.2% | - |
| Net margin | 2.2% | - | 4.5% | 6.8% | 2.1% | - | 6.5% | 9.3% | 7.6% | - |
| Free cash flow margin | -14.6% | - | - | - | 6.0% | - | - | - | 1.3% | - |
| FCF / Net income | -6.59 | - | - | - | 2.89 | - | - | - | 0.18 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.8% | - | 6.2% | 5.6% | 6.7% | - | 5.1% | 5.0% | 4.9% | - |
| Effective tax rate | 29.2% | - | 21.8% | 25.4% | 28.0% | - | 23.1% | 23.1% | 24.4% | - |
| Return on assets | 0.5% | - | 1.2% | 2.1% | 0.6% | - | 2.3% | 3.3% | 2.6% | - |
| Return on equity | 1.2% | - | 2.1% | 3.7% | 1.0% | - | 3.7% | 5.6% | 4.3% | - |
| Return on invested capital | 0.5% | - | -0.1% | 1.3% | 0.6% | - | 3.9% | 5.2% | 4.3% | - |
| Liquidity | ||||||||||
| Current ratio | 2.21 | 1.22 | 1.32 | 1.16 | 1.20 | 1.27 | 1.23 | 1.35 | 1.48 | 1.49 |
| Quick ratio | 1.97 | 0.96 | 1.05 | 0.91 | 0.91 | 0.97 | 0.97 | 1.07 | 1.16 | 1.17 |
| Cash ratio | 0.92 | 0.04 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.06 |
| Leverage | ||||||||||
| Debt / Equity | 0.65 | 0.12 | 0.12 | 0.08 | 0.11 | 0.10 | 0.06 | 0.08 | 0.09 | 0.08 |
| Debt / Assets | 0.29 | 0.07 | 0.07 | 0.05 | 0.06 | 0.06 | 0.04 | 0.05 | 0.05 | 0.05 |
| Debt / EBITDA | 9.33 | - | 2.10 | 0.96 | 1.44 | - | 0.53 | 0.55 | 0.70 | - |
| Interest coverage | 2.9x | - | -0.2x | 4.6x | 2.4x | - | 14.7x | - | 16.3x | - |
| Equity multiplier | 2.28 | 1.71 | 1.69 | 1.78 | 1.70 | 1.67 | 1.66 | 1.67 | 1.64 | 1.65 |
| Liabilities / Assets | 0.56 | 0.42 | 0.41 | 0.41 | 0.41 | 0.40 | 0.40 | 0.40 | 0.39 | 0.39 |
| Efficiency | ||||||||||
| Asset turnover | 0.23 | - | 0.27 | 0.30 | 0.29 | - | 0.35 | 0.36 | 0.35 | - |
| Inventory turnover | 4.55 | - | 4.17 | 4.03 | 3.75 | - | 4.25 | 4.05 | 3.73 | - |
| Days sales outstanding | 126d | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 80d | - | 87d | 90d | 97d | - | 86d | 90d | 98d | - |
| Days payable outstanding | 163d | - | 166d | 182d | 177d | - | 151d | 152d | 147d | - |
| Cash conversion cycle | 43d | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 205.7x | - | 47.5x | 26.7x | 131.9x | - | 43.4x | 32.6x | 43.2x | - |
| P / B | 2.5x | - | 1.0x | 1.0x | 1.3x | - | 1.6x | 1.8x | 1.9x | - |
| P / S | 4.7x | - | 2.2x | 1.8x | 2.7x | - | 2.8x | 3.1x | 3.3x | - |
| EV / EBITDA | 39.3x | - | 18.9x | 12.2x | 19.3x | - | 14.2x | 13.8x | 15.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.5% | - | -16.8% | -10.1% | -8.9% | - | -6.4% | -2.9% | -15.0% | - |
| Revenue CAGR (3y) | -6.8% | - | -7.3% | 3.4% | 7.2% | - | 20.3% | - | 24.8% | - |
| Revenue CAGR (5y) | 13.1% | - | 45.1% | 12.4% | 15.7% | - | 17.2% | 16.4% | 14.9% | - |
| Gross profit growth (YoY) | -17.8% | - | -40.5% | -28.9% | -25.7% | - | -18.4% | -10.4% | -22.3% | - |
| Operating income growth (YoY) | 22.6% | - | - | -73.9% | -84.3% | - | -47.7% | -31.3% | -48.7% | - |
| Net income growth (YoY) | 12.2% | - | -41.7% | -34.5% | -75.4% | - | -50.3% | -29.0% | -49.7% | - |
| EPS growth (YoY) | 16.7% | - | -40.9% | -32.8% | -75.0% | - | -48.2% | -26.4% | -46.7% | - |
| EPS CAGR (3y) | -46.2% | - | -30.7% | -7.9% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | 43.1% | - | 24.0% | 14.9% | 13.0% | - |
| FCF growth (YoY) | - | - | - | - | 303.8% | - | - | - | -79.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.5% | 5.1% | 5.1% | 0.0% | 5.0% | 7.5% | 10.1% | 15.7% | 18.5% | 23.2% |
Peer comparison
Same SIC group: Oil & Gas Field Services, NEC
Comparing Liberty Energy Inc. against the 5 most active filers in the same SIC group.
Dividends
$0.34/share trailing 12 months · +13.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 4, 2026 | $0.0900 |
| Dec 4, 2025 | $0.0900 |
| Sep 4, 2025 | $0.0800 |
| Jun 6, 2025 | $0.0800 |
| Mar 6, 2025 | $0.0800 |
| Dec 6, 2024 | $0.0800 |
| Sep 6, 2024 | $0.0700 |
| Jun 6, 2024 | $0.0700 |
| Mar 5, 2024 | $0.0700 |
| Dec 5, 2023 | $0.0700 |
| Sep 5, 2023 | $0.0500 |
| Jun 5, 2023 | $0.0500 |
| Mar 3, 2023 | $0.0500 |
| Dec 5, 2022 | $0.0500 |
| Mar 5, 2020 | $0.0500 |
| Dec 5, 2019 | $0.0500 |
| Sep 5, 2019 | $0.0500 |
| Jun 5, 2019 | $0.0500 |
| Mar 5, 2019 | $0.0500 |
| Dec 6, 2018 | $0.0500 |
| Sep 5, 2018 | $0.0500 |