Liberty Energy Inc. (LBRT) vs USA Compression Partners, LP (USAC)

Liberty Energy Inc. and USA Compression Partners, LP are both Oil & Gas Equipment & Services companies. USA Compression Partners, LP is the larger, with a market value of $3.6B against $2.7B — 1.3× the size. Liberty Energy Inc. trades at the lower P/E: 22.1× against 23.9×. USA Compression Partners, LP grew revenue faster over the last twelve months: 19.9% against 2.29%. USA Compression Partners, LP has the higher net margin (12.3% vs 2.92%) and the higher return on invested capital (6.84% vs 1.14%). Both pay a dividend; USA Compression Partners, LP yields more (8.23% vs 2.17%). Across the 21 metrics below, USA Compression Partners, LP leads on 11 and Liberty Energy Inc. on 10.

Valuation

Metric LBRT USAC Oil & Gas Equipment & Services median
P/E 22.13 23.85 22.50
P/S 0.64 3.15 1.17
P/B 1.38 12.89 1.82
Price to free cash flow n/m 11.84 13.72
EV/EBITDA 6.92 9.73 8.68
EV/Sales 0.86 5.64 1.34
Earnings yield 4.52% 4.19% 3.94%
Free cash flow yield (10.44%) 8.45% 5.66%

Profitability

Metric LBRT USAC Oil & Gas Equipment & Services median
Gross margin 18.53% 65.70% 23.26%
Operating margin 1.25% 29.95% 9.34%
Net margin 2.92% 12.27% 4.69%
Free cash flow margin (6.73%) 26.57% 5.35%
Return on equity 6.12% 174.21% 4.92%
Return on assets 3.09% 4.54% 2.37%
Return on invested capital 1.14% 6.84% 4.32%

Growth

Metric LBRT USAC Oil & Gas Equipment & Services median
Revenue growth (TTM) 2.29% 19.87% 6.08%
EPS growth (last fiscal year) (52.41%) 18.06% (13.00%)
Revenue growth, 5-year CAGR 32.91% 8.37% 14.44%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LBRT USAC Oil & Gas Equipment & Services median
Debt to equity 0.75 10.25 0.46
Current ratio 1.99 1.35 2.07
Net debt to EBITDA 0.75 4.14 0.75

Dividend

Metric LBRT USAC Oil & Gas Equipment & Services median
Dividend yield 2.17% 8.23% 1.51%
Payout ratio 0.49 1.98 0.38

Size

Metric LBRT USAC Oil & Gas Equipment & Services median
Market cap 2.73b 3.61b 1.63b

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