Liberty Energy Inc.

Liberty Energy Inc.

LBRT
Liberty Energy Inc.US flagNew York Stock Exchange
20.59
USD
+0.21
- -
3.36BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.72
5.53
21.6
31.31
27.52
11.33
14.2
22.51
27.63
26.15
24.73
25.85
Basic EPS, GAAP
-0.13
- -
- -
1.84
0.54
-1.36
-1.03
2.17
3.24
1.91
0.91
0.75
Free Cash Flow per Basic Share
-0.48
-0.6
2.83
5.1
0.91
-0.21
-0.44
0.39
2.39
1.08
0.09
-1.95
Dividend per Share
- -
- -
- -
0.1
0.2
0.05
- -
0.05
0.22
0.29
0.34
0.36
Book Value per Share
2.39
4.08
5.69
6.34
6.78
7.28
6.62
8.36
11.05
12.23
12.83
12.03
Tangible Book Value per Share
2.39
4.08
5.69
6.34
6.78
7.28
6.62
8.36
11.05
12.23
12.83
12.03
Basic Weighted Avg Shares
68
68
69
69
72
85
174
184
172
165
162
162
Sales/Revenue/Turnover
455
375
1,490
2,155
1,990
966
2,471
4,149
4,748
4,315
4,006
4,196
Operating Margin (%)
-0.69
-15.24
12.17
14.05
5.34
-16.19
-6.69
11.98
15.92
8.9
2.25
1.33
Depreciation Expense
36
41
81
125
165
180
263
323
422
505
500
471
Net Income, GAAP
-9
- -
- -
126
39
-116
-179
400
556
316
148
122
Effective Tax Rate (%)
- -
- -
- -
13.95
15.8
- -
- -
- -
24.29
21.64
24.24
21.65
Profit Margin (%)
-1.99
- -
- -
5.86
1.96
-11.97
-7.25
9.63
11.72
7.32
3.69
2.92
Working Capital
32
42
132
241
222
211
61
307
315
182
158
778
LT Debt
87
91
196
106
167
167
203
309
338
438
497
1,499
Total Equity
134
229
393
741
781
1,310
1,230
1,497
1,841
1,979
2,079
1,964
Return on Invested Capital (%)
- -
- -
39.34
36.28
9.75
- -
- -
- -
27.84
12.48
2.6
1.42
Return on Capital (%)
- -
- -
2.75
3.82
1.95
- -
- -
- -
28.27
14.36
6.85
4.81
Return on Common Equity (%)
- -
- -
- -
30.6
7.9
-13.55
-15.17
29.51
33.35
16.54
7.29
6.12

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
122
118
115
LT Borrowings
242
1,271
1,280
LT Finance Leases
255
234
219
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
162
162
163
Market Capitalization
2,990
4,667
4,274

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
878
1,680
1,567
Cash, Cash Equivalents & STI
28
699
555
Accounts Receivable, Net
352
462
516
Inventories
188
185
185
Total Current Liabilities
720
760
789
Payables & Accruals
599
642
674
ST Debt
122
118
115
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.52%
10.22%
5.05%
Free Cash Flow
-22.54%
91.38%
-92.09%
Net Income, GAAP
- -
-65.01%
-53.21%
Sales/Revenue/Turnover
48.73%
44.38%
-7.16%
Total Cash Common Dividend
- -
1,122.15%
12.77%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,073
1,160
1,139
944
4,315
2025
977
1,043
947
1,039
4,006
2026
1,021
1,189
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.65
0.45
0.32
1.91
2025
0.12
0.44
0.27
- -
0.91
2026
0.14
0.26
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.07
0.07
0.08
0.29
2025
0.08
0.08
0.08
- -
0.34
2026
0.09
0.1
- -
- -
- -

Company Description

CEO
Ron Gusek
Full Time Employees
5,800
Sector
Energy
Industry
Oil & Gas Equipment & Services
Address
950 17th Street Denver CO United States of America 80202
IPO Date
Jan 11, 2018
Business
Liberty Energy Inc. (NYSE: LBRT) provides hydraulic fracturing and related completion services and technologies to onshore oil and natural gas exploration and production companies primarily in North America. Founded in 2011 and headquartered in Denver, Colorado, the company offers wireline services including pumpdown perforating; proppant delivery solutions through its PropX subsidiary; premium proppants from Freedom Proppant mines in the Permian Basin; field gas processing and treating; compressed natural gas delivery; data analytics; sand mine operations; well site fueling and logistics; and natural gas-fueled power generation via Liberty Power Innovations for data centers, industrial facilities, and utility-scale applications. Liberty operates a fleet of approximately 40 active hydraulic fracturing units, two sand mines, and advanced equipment such as Quiet Fleet electric fracturing fleets, digiFrac platforms for real-time monitoring, digiPrime natural gas variable speed engines developed with Cummins, and hybrid solutions from its Liberty Advanced Equipment Technology division; it serves major basins including the Permian, Eagle Ford, and Appalachia across the United States and Canada with about 5,700 employees. The company, formerly Liberty Oilfield Services Inc., changed its name in April 2022 following its 2023 combination with Nextier Oilfield Solutions and earlier acquisitions including PropX in 2021, Schlumberger's North American pressure pumping business in 2020, Siren Energy in 2023, and IMG Energy Solutions in 2025. Recent developments include strategic alliances such as with Oklo Inc. in 2025 for integrated natural gas and nuclear power solutions, DC Grid for modular DC power systems, AltitudeX Aviation Group for microgrid development in Colorado, Imperial Land Corporation and Range Resources for energy projects in Pennsylvania, and partnerships in Pennsylvania and Colorado for data center power; Liberty expanded power capacity to over one gigawatt through 2027, dual-listed on NYSE Texas, appointed Ron Gusek as CEO in 2025 succeeding Chris Wright who transitioned amid his nomination as U.S. Secretary of Energy, added Arjun Murti to its board, launched the Bettering Human Lives Foundation, and completed field tests of digiPrime technology and PropX slurry systems.

Company News

  • Liberty Energy (LBRT) Down 1.9% Since Last Earnings Report: Can It Rebound?

  • Liberty Energy Targets 3 GW Data Center Power Buildout While Defending Frac Growth

  • Liberty Energy CFO Michael Stock Sells 6,666 Shares

  • EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

  • Is LBRT Stock Attractive After Its Sharp Pullback and Earnings Beat?

  • The Gas-to-Nuclear Bridge for AI Data Centers

  • Liberty Energy Q2 Earnings Surpass Estimates, Revenues Increase Y/Y

  • Liberty Energy Inc (LBRT) Shares Fall 22.0% -- What GF Score of 80 Tells Investors

  • Liberty Energy Q2 Earnings Call Highlights

  • Liberty Energy Inc. (LBRT) Q2 2026 Earnings Call Transcript

  • Liberty Energy (LBRT) Q2 Earnings and Revenues Surpass Estimates

  • Liberty Energy Inc. Announces Second Quarter 2026 Financial and Operational Results

  • Liberty Energy and PowerBridge Form Strategic Joint Venture to Support Powered Data Center Campus Development

  • Liberty Energy Q2 Earnings on Deck: Here's How It Will Fare

  • AI's Power Crunch Fuels a Pivot for These 2 Oilfield Stocks

  • Liberty Energy (LBRT) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

  • Liberty Energy and SLB Team Up to Supply Power to Data Centers

  • Liberty Energy: Oh My, Have Things Changed (Rating Upgrade)

  • Liberty Energy Inc. Announces Quarterly Cash Dividend

  • SLB partners with Liberty Energy to supply modular parts, power to data centers