stockrowLiberty 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
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Liberty Energy Inc. (LBRT) Gross margin
Liberty Energy Inc.'s gross margin over the twelve months to 30 September 2026 was 18.0%, down 2.9 percentage points from fiscal 2025 (20.9%). Over the past ten years it has ranged from 5.35% (fiscal 2016) to 29.5% (fiscal 2023); the current reading is higher than 55% of that period. That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 20.9% | (4.91) |
| FY2024 | 25.8% | (3.63) |
| FY2023 | 29.5% | 5.35 |
| FY2022 | 24.1% | 15.17 |
| FY2021 | 8.94% | (2.22) |
| FY2020 | 11.2% | (7.39) |
| FY2019 | 18.6% | (5.87) |
| FY2018 | 24.4% | 1.41 |
| FY2017 | 23.0% | 17.66 |
| FY2016 | 5.35% | (8.28) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 16.8% | (0.72) |
| Jun 2026 | 17.5% | 0.16 |
| Mar 2026 | 17.4% | (3.24) |
| Dec 2025 | 20.6% | 1.86 |
| 35 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| FLOC Flowco Holdings Inc. compare | 55.1% |
| INVX Innovex International, Inc. compare | 33.6% |
| EFXT Enerflex Ltd. compare | 23.6% |
| XPRO Expro Group Holdings N.V. compare | 21.7% |
| LBRT Liberty Energy Inc. | 18.0% |
| WTTR Select Water Solutions, Inc. compare | 16.2% |
| NESR National Energy Services Reunited compare | 13.4% |
| NEXT NextDecade Corporation compare | 0.00% |
| EROK EagleRock Land LLC compare | — |
| Oil & Gas Equipment & Services industry median | 22.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on LBRT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement