Liberty Energy Inc. financial data

Symbol
LBRT on NYSE
Industry
Oil & Gas Field Services, NEC
Location
950 17 Th Street, Suite 2400, Denver, Colorado
Fiscal year end
December 31
Former names
Liberty Oilfield Services Inc. (to 4/21/2022)
Latest financial report
Q1 2024 - Apr 18, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 143 % +1.4%
Quick Ratio 29.2 % +4.81%
Debt-to-equity 69 % -8.25%
Return On Equity 26.5 % -32.1%
Return On Assets 15.7 % -29.6%
Operating Margin 14.3 % -8.05%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.2B USD +10%
Weighted Average Number of Shares Outstanding, Basic 166M shares -5.8%
Weighted Average Number of Shares Outstanding, Diluted 171M shares -5.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.56B USD -1.29%
General and Administrative Expense 221M USD +13.7%
Costs and Expenses 3.91B USD +0.17%
Operating Income (Loss) 651M USD -9.24%
Nonoperating Income (Expense) -25.7M USD +73.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 735M USD +83.9%
Income Tax Expense (Benefit) 150M USD +185%
Net Income (Loss) Attributable to Parent 476M USD -16.2%
Earnings Per Share, Basic 2.81 USD/shares -9.94%
Earnings Per Share, Diluted 2.73 USD/shares -10.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.8M USD +13.9%
Accounts Receivable, after Allowance for Credit Loss, Current 489M USD +35.6%
Inventory, Net 210M USD +6.81%
Assets, Current 978M USD -8.61%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 1.69B USD +18.4%
Operating Lease, Right-of-Use Asset 88.5M USD -4.78%
Other Assets, Noncurrent 104M USD +25.5%
Assets 3.1B USD +12.2%
Accounts Payable, Current 316M USD -23.4%
Employee-related Liabilities, Current 81.3M USD +16%
Accrued Liabilities, Current 235M USD -2.02%
Contract with Customer, Liability, Current 37.4M USD +995%
Liabilities, Current 662M USD -12.2%
Accrued Income Taxes, Noncurrent 75M USD -34.7%
Deferred Income Tax Liabilities, Net 102M USD +9703%
Operating Lease, Liability, Noncurrent 59.8M USD -9.9%
Liabilities 1.21B USD +3.64%
Accumulated Other Comprehensive Income (Loss), Net of Tax -9.81M USD -24.7%
Retained Earnings (Accumulated Deficit) 822M USD +112%
Stockholders' Equity Attributable to Parent 1.88B USD +18.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.88B USD +18.5%
Liabilities and Equity 3.1B USD +12.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 159M USD -21.8%
Net Cash Provided by (Used in) Financing Activities -30.2M USD +68.9%
Net Cash Provided by (Used in) Investing Activities -142M USD -9.52%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -22.8M USD -280%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 23.8M USD +13.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.45M USD +29.2%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 176M USD +29%
Operating Lease, Liability 87.7M USD -5.69%
Depreciation 410M USD +27.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 474M USD -15.3%
Lessee, Operating Lease, Liability, to be Paid 98.8M USD -5.09%
Property, Plant and Equipment, Gross 3.12B USD +25.7%
Operating Lease, Liability, Current 27.9M USD +4.82%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.4M USD -16.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 30.6M USD +18.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20.8%
Deferred Income Tax Expense (Benefit) 120M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 11.1M USD -0.05%
Lessee, Operating Lease, Liability, to be Paid, Year Three 9.54M USD -21.4%
Deferred Tax Assets, Operating Loss Carryforwards 1.29M USD -77.7%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 109M USD
Current Income Tax Expense (Benefit) 58.2M USD +398%
Preferred Stock, Shares Authorized 10K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.57M USD -46.5%
Operating Lease, Payments 40.3M USD -6.13%
Additional Paid in Capital 1.07B USD -11.4%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 4.66M USD +80.8%
Current Federal Tax Expense (Benefit) 36.3M USD +676%
Depreciation, Depletion and Amortization 450M USD +31.3%
Deferred Tax Assets, Net of Valuation Allowance 176M USD +29%
Share-based Payment Arrangement, Expense 6.1M USD +45.2%
Deferred State and Local Income Tax Expense (Benefit) 11.9M USD
Interest Expense 7.06M USD -10.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%