Liberty Energy Inc. financial data

Symbol
LBRT on NYSE
Industry
Oil & Gas Field Services, NEC
Location
950 17 Th Street, Suite 2400, Denver, CO
Fiscal year end
December 31
Former names
Liberty Oilfield Services Inc. (to 4/21/2022)
Latest financial report
10-Q - Q2 2024 - Jul 18, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 141 % -1.83%
Quick Ratio 29.4 % +5.04%
Debt-to-equity 69 % -8.25%
Return On Equity 23.2 % -41.9%
Return On Assets 13.8 % -39.3%
Operating Margin 13 % -22.3%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.2B USD +10%
Weighted Average Number of Shares Outstanding, Basic 166M shares -4%
Weighted Average Number of Shares Outstanding, Diluted 170M shares -3.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 4.52B USD -7.13%
General and Administrative Expense 221M USD +4.93%
Costs and Expenses 3.94B USD -2.96%
Operating Income (Loss) 586M USD -27.9%
Income Tax Expense (Benefit) 136M USD +35.8%
Net Income (Loss) Attributable to Parent 431M USD -29.9%
Earnings Per Share, Basic 2.58 USD/shares -25%
Earnings Per Share, Diluted 2.5 USD/shares -25.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 30M USD -5.13%
Accounts Receivable, after Allowance for Credit Loss, Current 489M USD +35.6%
Inventory, Net 206M USD +2.64%
Assets, Current 1B USD -6.67%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 1.75B USD +13.2%
Operating Lease, Right-of-Use Asset 85.5M USD -11.4%
Other Assets, Noncurrent 104M USD +25.5%
Assets 3.24B USD +10.8%
Accounts Payable, Current 348M USD -5.55%
Employee-related Liabilities, Current 105M USD +10.8%
Accrued Liabilities, Current 249M USD -6.03%
Contract with Customer, Liability, Current 37.4M USD +93.7%
Liabilities, Current 744M USD -0.05%
Accrued Income Taxes, Noncurrent 75M USD -34.7%
Deferred Income Tax Liabilities, Net 102M USD +9486%
Operating Lease, Liability, Noncurrent 56.4M USD -17.9%
Liabilities 1.3B USD +4.31%
Accumulated Other Comprehensive Income (Loss), Net of Tax -11.5M USD -96.6%
Retained Earnings (Accumulated Deficit) 919M USD +72.7%
Stockholders' Equity Attributable to Parent 1.88B USD +18.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.94B USD +15.7%
Liabilities and Equity 3.24B USD +10.8%

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 30M USD -5.13%
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 84.7M USD -12%
Depreciation 427M USD +25.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 426M USD -30.4%
Lessee, Operating Lease, Liability, to be Paid 95.6M USD -11.8%
Property, Plant and Equipment, Gross 3.25B USD +21.2%
Operating Lease, Liability, Current 28.3M USD +2.57%
Lessee, Operating Lease, Liability, to be Paid, Year Two 20.8M USD -20.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 31.7M USD +10.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +18.9%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.9M USD -10.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11M USD -28.4%
Deferred Tax Assets, Operating Loss Carryforwards 1.29M USD -77.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.13M USD -50.4%
Operating Lease, Payments 38.7M USD -4.43%
Additional Paid in Capital 1.03B USD -10.3%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 474M USD +29.8%
Deferred Tax Assets, Net of Valuation Allowance 176M USD +29%
Share-based Payment Arrangement, Expense 8M USD +90.5%
Interest Expense 7.06M USD -10.5%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%