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Friday 6 November 2026 Export LBRT’s income statement to Excel — free account

Liberty Energy Inc.

LBRT Energy Oil & Gas Equipment & Services

Liberty Energy Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, down 7.16% from fiscal 2024.

Revenue
+26.3%
EPS
−188.9%
Free cash flow
−548.1%
Total debt
+213.5%

Quarter to September 2026, against a year earlier

11.37 1.78 −13.54%
Market cap
$1.9B
P/E
47.4×
Fwd P/E
97.1×
Dividend yield
3.17%
F-score
4/9
Altman Z
2.90
Beneish M
−2.98
Dividend safety
49/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Liberty Energy Inc. (LBRT) Debt to equity

Alert me on Debt to equity

Liberty Energy Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.8×, up 0.5× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.1× (fiscal 2020) to 0.8× (fiscal 2015); the current reading is higher than 73% of that period. That is above the Oil & Gas Equipment & Services industry median of 0.4× and above the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.2× 11.10%
FY2024 0.2× 33.98%
FY2023 0.1× (7.64%)
FY2022 0.2× 56.06%
FY2021 0.1× 15.32%
FY2020 0.1× (46.69%)
FY2019 0.2× 16.62%
FY2018 0.1× (71.23%)
FY2017 0.5× 10.26%
FY2016 0.5× (41.95%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.8× 1.19%
Jun 2026 0.8× (0.85%)
Mar 2026 0.8× 242.00%
Dec 2025 0.2× (1.56%)
37 more quarters

Against its own ten years

Low 0.1× High 0.8×
Ten-year median 0.2×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
EROK EagleRock Land LLC compare 0.0×
INVX Innovex International, Inc. compare 0.0×
XPRO Expro Group Holdings N.V. compare 0.2×
WTTR Select Water Solutions, Inc. compare 0.2×
NESR National Energy Services Reunited compare 0.3×
EFXT Enerflex Ltd. compare 0.5×
LBRT Liberty Energy Inc. 0.8×
FLOC Flowco Holdings Inc. compare 0.8×
NEXT NextDecade Corporation compare 3.2×
Oil & Gas Equipment & Services industry median 0.4×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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