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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)
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 (LBRT) Q3 Earnings and Revenues Beat Estimates
Liberty Oilfield Services (LBRT) Beats Q3 Earnings and Revenue Estimates
Liberty Energy Inc. Announces Third Quarter 2023 Financial and Operational Results and Raises Quarterly Dividend by 40%
LBRT vs. AROC: Which Stock Should Value Investors Buy Now?
Liberty Energy Announces 40% Increase in Quarterly Cash Dividend
Liberty Energy (LBRT) to Report Q3 Earnings: What's in Store?
Why Liberty Oilfield Services (LBRT) is a Top Growth Stock for the Long-Term
Earnings Preview: Liberty Oilfield Services (LBRT) Q3 Earnings Expected to Decline
Liberty Energy: Don't Let The Stellar Revenue Growth Mislead You
Liberty Energy Inc. Announces Timing of Release of Third Quarter 2023 Financial Results and Conference Call
Source: https://incomestatements.info
Category: Stock Reports