Liberty Energy Inc. (LBRT) Income Statement Analysis

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Complete financial analysis of Liberty Energy Inc. (LBRT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Liberty Energy Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.

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Liberty Energy Inc. (LBRT)

Industry: Oil & Gas Equipment & Services

Sector: Energy

Website: https://www.libertyfrac.com

About Liberty Energy Inc.

Liberty 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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	4.75B	4.15B	2.47B	965.79M	1.99B	2.16B	1.49B	374.77M	455.40M
Cost of Revenue	3.77B	3.47B	2.51B	1.04B	1.79B	1.75B	1.23B	396.09M	430.20M
Gross Profit	977.04M	677.16M	-41.90M	-72.28M	203.79M	401.27M	261.37M	-21.32M	25.21M
Gross Profit Ratio	20.58%	16.32%	-1.70%	-7.48%	10.24%	18.62%	17.54%	-5.69%	5.53%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	221.41M	180.04M	123.41M	84.10M	97.59M	99.05M	80.09M	35.79M	28.77M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	221.41M	180.04M	123.41M	84.10M	97.59M	99.05M	80.09M	35.79M	28.77M
Other Expenses	0.00	-76.19M	19.04M	878.63M	0.00	0.00	0.00	0.00	0.00
Operating Expenses	216.47M	180.04M	123.41M	84.10M	97.59M	99.05M	80.09M	35.79M	28.77M
Cost & Expenses	3.99B	3.65B	2.64B	1.12B	1.88B	1.85B	1.31B	431.88M	458.96M
Interest Income	1.99M	22.72M	2.00K	560.00K	983.00K	0.00	0.00	0.00	0.00
Interest Expense	29.49M	22.72M	15.60M	14.51M	14.68M	17.15M	12.64M	6.13M	5.50M
Depreciation & Amortization	421.51M	326.76M	266.58M	183.75M	168.57M	125.11M	81.47M	41.36M	36.44M
EBITDA	1.19B	748.99M	100.57M	3.32M	274.97M	427.96M	262.61M	-13.07M	32.88M
EBITDA Ratio	24.98%	10.14%	-5.92%	-16.19%	5.34%	14.02%	12.17%	-4.20%	7.22%
Operating Income	760.58M	97.91M	-181.22M	-177.03M	-59.18M	306.56M	181.14M	-54.43M	-3.56M
Operating Income Ratio	16.02%	2.36%	-7.33%	-18.33%	-2.97%	14.22%	12.16%	-14.52%	-0.78%
Total Other Income/Expenses	-25.69M	-96.38M	3.44M	-14.51M	-14.68M	-17.15M	-12.64M	-6.13M	-5.50M
Income Before Tax	734.89M	399.51M	-177.79M	-191.53M	88.92M	289.42M	168.50M	-60.56M	-9.06M
Income Before Tax Ratio	15.48%	9.63%	-7.20%	-19.83%	4.47%	13.43%	11.31%	-16.16%	-1.99%
Income Tax Expense	178.48M	-793.00K	9.22M	-30.86M	14.05M	40.39M	-68.84M	6.13M	0.00
Net Income	556.32M	399.60M	-187.00M	-160.67M	74.86M	126.35M	168.50M	-60.56M	-9.06M
Net Income Ratio	11.72%	9.63%	-7.57%	-16.64%	3.76%	5.86%	11.31%	-16.16%	-1.99%
EPS	3.24	2.17	-1.07	-1.88	1.03	1.07	3.00	-0.89	-0.13
EPS Diluted	3.15	2.11	-1.07	-1.88	0.71	1.07	3.00	-0.51	-0.08
Weighted Avg Shares Out	171.85M	184.33M	174.02M	85.24M	72.33M	117.84M	68.98M	67.79M	67.79M
Weighted Avg Shares Out (Dil)	176.36M	189.35M	174.02M	85.24M	105.26M	117.84M	68.98M	118.20M	118.20M

Liberty Energy: Return Of 'Drill, Baby Drill?' A Great Opportunity

December 3, 2024seekingalpha.com

Liberty Energy is a company dedicated to the production and rental of equipment for onshore oil exploitation in the US. Given the possibility of a return to a boom in American oil production with Trump's victory, LBRT seems a good...

Liberty Energy: Democratizing Energy Around The World (Rating Upgrade)

November 20, 2024seekingalpha.com

Liberty Energy Inc. offers diverse energy exposure and is poised for growth with the incoming administration's favorable energy policies, making it a Strong Buy. Despite recent financial setbacks, Liberty's strategic investments and ESG initiatives, like the Bettering Human Lives Foundation,...

Trump picks Liberty Energy CEO as Energy secretary

November 18, 2024youtube.com

CNBC's Pippa Stevens reports on the latest president-elect Trump pick for his incoming administration.

Liberty Energy Stock Rises After Trump Taps CEO To Lead Energy Department

November 18, 2024investopedia.com

Shares of Liberty Energy (LBRT) rose Monday after Chief Executive Officer (CEO) Chris Wright was tapped by President-elect Donald Trump to be energy secretary.

Liberty Energy stock jumps after founder's nomination to U.S. energy secretary

November 18, 2024marketwatch.com

Wright said he is “deeply honored” by the nomination and he plans to work to bring “affordable, reliable energy to the citizens of the United States and beyond.”

Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary

November 18, 2024cnbc.com

Shares of Liberty Energy and Oklo are rising after Trump selected Chris Wright to lead the Energy Department. Wright is the CEO of Liberty and serves as a board member at Oklo.

Liberty Energy Inc. Comments on Nomination of Chris Wright as U.S. Secretary of Energy and Announces Succession Planning for Chairman and CEO

November 18, 2024businesswire.com

DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) today commented on the announcement by President-elect Donald J. Trump regarding his nomination of Chris Wright, Liberty's Founder, Chairman of the Board, Director and Chief Executive Officer, for the position...