| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | 1 | — | — | — | — | 1 | — | — |
| Sell | — | — | — | — | 2 | — | — | 2 | 1 | 1 | 1 | 1 |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.35 |
—
—
—
|
| 2025 | 0.33 |
—
—
—
—
|
| 2024 | 0.29 |
—
—
—
—
|
| 2023 | 0.22 |
—
—
—
—
|
| 2022 | 0.05 |
—
|
| 2021 | ‡‡‡ |
|
| 2020 | 0.05 |
—
|
| 2019 | 0.20 |
—
—
—
—
|
| 2018 | 0.10 |
—
—
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 36.78 | 19.98 | 27.55 | 555.36 |
| Receivables | 398.53 | 354.65 | 351.72 | 515.69 |
| Inventory | 205.87 | 203.47 | 188.13 | 185.37 |
| Other | 188.94 | 185.21 | 253.65 | 253.78 |
| 954.25 | 848.52 | 877.97 | 1,566.68 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 293.73 | 314.12 | 358.62 | 417.26 |
| ST’ Debt | — | — | 5.10 | 11.91 |
| Other | 5.17 | 40.78 | 7.89 | — |
| 639.42 | 666.52 | 720.35 | 788.74 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,021.18 | 1,188.60 | — | — |
—
|
| ’25 | 977.46 | 1,042.52 | 947.40 | 1,038.74 |
4,006.12
|
| ’24 | 1,073.13 | 1,159.88 | 1,138.58 | 943.57 |
4,315.16
|
| ’23 | 1,262.08 | 1,194.99 | 1,215.91 | 1,074.96 |
4,747.93
|
| ’22 | 792.77 | 942.62 | 1,188.25 | 1,225.59 |
4,149.23
|
| ’21 | 552.03 | 581.29 | 653.73 | 683.73 |
2,470.78
|
| ’20 | 472.34 | 88.36 | 147.50 | 257.59 |
965.79
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 8.40 | 133.04 | — | — |
—
|
| ’25 | 192.12 | 170.59 | 51.46 | 195.44 |
609.60
|
| ’24 | 159.40 | 248.19 | 244.50 | 177.29 |
829.37
|
| ’23 | 203.94 | 240.45 | 275.45 | 294.74 |
1,014.58
|
| ’22 | 14.55 | 121.08 | 156.98 | 237.75 |
530.36
|
| ’21 | 27.53 | 8.04 | 44.58 | 55.33 |
135.47
|
| ’20 | 0.23 | 96.40 | (26.62) | 15.42 |
85.43
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (125.03) | (88.44) | — | — |
—
|
| ’25 | 71.24 | 36.54 | (61.58) | (7.41) |
38.80
|
| ’24 | 17.40 | 114.11 | 81.66 | (10.86) |
202.32
|
| ’23 | 74.29 | 88.70 | 114.07 | 161.13 |
438.19
|
| ’22 | (75.51) | (5.97) | 61.93 | 121.67 |
102.12
|
| ’21 | 3.74 | (34.07) | (8.85) | 1.26 |
(37.92)
|
| ’20 | (44.85) | 71.48 | (37.90) | (3.58) |
(14.84)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.14 | 0.26 | — | — |
—
|
| ’25 | 0.12 | 0.43 | 0.26 | 0.08 |
0.89
|
| ’24 | 0.48 | 0.64 | 0.44 | 0.31 |
1.87
|
| ’23 | 0.90 | 0.87 | 0.85 | 0.54 |
3.15
|
| ’22 | (0.03) | 0.55 | 0.78 | 0.82 |
2.11
|
| ’21 | (0.21) | (0.29) | (0.22) | (0.31) |
(1.03)
|
| ’20 | 0.02 | (0.55) | (0.41) | (0.41) |
(1.36)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | 9.74 | 11.18 | 16.57 | 9.50 | — | — | — |
Low Price
|
| — | — | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 20.05 | 21.25 | 24.75 | 23.58 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,580 | 5,500 | 5,700 | 5,800 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.91 | 0.86 | 0.76 | 0.69 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4,149.23 | 4,747.93 | 4,315.16 | 4,006.12 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.11% | 29.46% | 25.83% | 20.92% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 399.51 | 734.89 | 403.27 | 195.19 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.63% | 15.48% | 9.35% | 4.87% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 400.30 | 556.41 | 316.01 | 147.87 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 323.03 | 421.51 | 505.05 | 500.33 | — | — | — |
Depreciation
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.51 | 27.63 | 26.15 | 24.74 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.17 | 3.24 | 1.91 | 0.91 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.88 | 5.90 | 5.03 | 3.76 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.32) | (3.35) | (3.80) | (3.52) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.55 | 2.55 | 1.23 | 0.24 | — | — | — |
Free CF/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.12 | 10.72 | 11.99 | 12.84 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 184.33 | 171.85 | 165.03 | 161.93 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 6.76 | 5.62 | 10.41 | 20.29 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 0.65 | 0.66 | 0.76 | 0.75 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.80 | 1.69 | 1.66 | 1.44 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.70 | 0.72 | 0.86 | 0.85 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.28 | 7.79 | 18.35 | 88.19 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 530.36 | 1,014.58 | 829.37 | 609.60 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (428.24) | (576.39) | (627.06) | (570.80) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 102.12 | 438.19 | 202.32 | 38.80 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 307.18 | 314.83 | 182.00 | 157.62 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 240.94 | 273.65 | 394.01 | 459.90 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 197.26 | 236.87 | 374.03 | 432.35 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,497.31 | 1,841.41 | 1,978.87 | 2,078.89 | — | — | — |
Sh' Equity
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.31% | 19.83% | 9.98% | 4.31% | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 18.29% | 22.87% | 10.35% | 1.81% | — | — | — |
ROIC
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.30% | 33.33% | 16.54% | 7.29% | ‡‡‡‡‡ | — | — |
ROE
|
Liberty Energy Inc. (LBRT) stands as a resilient powerhouse in the volatile oilfield services arena, mastering hydraulic fracturing amid shale booms, pandemic crashes, and geopolitical shocks. From a pandemic low of $966 million in revenue, the company skyrocketed 413% to a record $4.75 billion by 2023, scaling employees to 5,500 and delivering peak profitability with 15.5% EBT margins and 33% ROE—proof of its operational firepower in the Permian Basin. Trading near highs in early 2026, LBRT’s fortified balance sheet, with equity up 51% to $1.98 billion and manageable net debt, positions it to weather cyclical dips while eyeing explosive rebounds.
Near-term headwinds loom with 2024 revenue softening 9% to $4.32 billion and projections dipping further to $4.01 billion in 2025 amid softer pricing and rig counts, squeezing margins and foreshadowing temporary EPS losses into 2026-2028. Yet, insider sales aside, free cash flow resilience and historical V-shaped recoveries—like post-2014—signal this as a classic setup for upside, with revenue poised to surge 31% to $5.25 billion by 2028 on Permian revival and efficiency gains.
Analysts’ targets hint at 20-30%+ potential in an $80+ oil world, far outpacing base-case flats, as LBRT mirrors past shale winners like Weatherford in deleveraging for the next leg up. With capex stabilizing and FCF set to rebound, this cyclical gem offers patient investors a high-conviction play on energy’s disruptive resurgence—dive into the full analysis for the charts and catalysts that could ignite outsized returns!
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