LBRT: Liberty Energy Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Liberty Energy Inc (LBRT).
$3.25B Market Cap.
LBRT Market Cap. (MRY)
LBRT Shares Outstanding (MRY)
LBRT Assets (MRY)
Total Assets
$3.30B
Total Liabilities
$1.32B
Total Investments
$81.04M
LBRT Income (MRY)
Revenue
$4.32B
Net Income
$316.01M
Operating Expense
$725.19M
LBRT Cash Flow (MRY)
CF Operations
$829.37M
CF Investing
-$643.11M
CF Financing
-$202.71M
LBRT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $3,296,394,000 (8.66%) | $3,033,557,000 (17.77%) | $2,575,932,000 (26.23%) | $2,040,660,000 (7.97%) |
Assets Current | $848,523,000 (-11.08%) | $954,254,000 (-0.25%) | $956,673,000 (51.76%) | $630,377,000 (11.15%) |
Assets Non-Current | $2,447,871,000 (17.73%) | $2,079,303,000 (28.41%) | $1,619,259,000 (14.82%) | $1,410,283,000 (6.61%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $1,978,869,000 (7.46%) | $1,841,408,000 (23.17%) | $1,495,017,000 (23.22%) | $1,213,242,000 (5.44%) |
Property Plant & Equipment Net | $2,247,433,000 (17.03%) | $1,920,327,000 (27.91%) | $1,501,367,000 (13.11%) | $1,327,387,000 (7.43%) |
Cash & Equivalents | $19,984,000 (-45.67%) | $36,784,000 (-15.78%) | $43,676,000 (118.40%) | $19,998,000 (-71.01%) |
Accumulated Other Comprehensive Income | -$19,751,000 (-224.64%) | -$6,084,000 (17.74%) | -$7,396,000 (-2316.99%) | -$306,000 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $4,552,000 (0%) |
Total Investments | $81,036,000 (156.07%) | $31,646,000 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $81,036,000 (156.07%) | $31,646,000 (0%) | $0 (0%) | $0 (0%) |
Inventory | $203,469,000 (-1.16%) | $205,865,000 (-4.01%) | $214,454,000 (59.34%) | $134,593,000 (13.52%) |
Trade & Non-Trade Receivables | $539,856,000 (-8.10%) | $587,470,000 (0.25%) | $586,012,000 (43.82%) | $407,454,000 (29.78%) |
Trade & Non-Trade Payables | $314,123,000 (6.94%) | $293,733,000 (-10.12%) | $326,818,000 (13.16%) | $288,801,000 (49.38%) |
Accumulated Retained Earnings (Deficit) | $1,019,517,000 (35.51%) | $752,328,000 (220.79%) | $234,525,000 (250.38%) | -$155,954,000 (-769.68%) |
Tax Assets | $0 (0%) | $0 (0%) | $12,592,000 (1974.46%) | $607,000 (-88.68%) |
Tax Liabilities | $263,083,000 (13.38%) | $232,041,000 (89.87%) | $122,212,000 (220.61%) | $38,118,000 (-32.65%) |
Total Debt | $533,606,000 (31.65%) | $405,309,000 (16.16%) | $348,918,000 (43.21%) | $243,635,000 (15.15%) |
Debt Current | $95,218,000 (41.28%) | $67,395,000 (69.73%) | $39,707,000 (-2.63%) | $40,779,000 (-8.21%) |
Debt Non-Current | $438,388,000 (29.73%) | $337,914,000 (9.28%) | $309,211,000 (52.43%) | $202,856,000 (21.36%) |
Total Liabilities | $1,317,525,000 (10.52%) | $1,192,149,000 (10.52%) | $1,078,626,000 (33.13%) | $810,221,000 (39.72%) |
Liabilities Current | $666,523,000 (4.24%) | $639,424,000 (-1.55%) | $649,497,000 (14.10%) | $569,247,000 (59.84%) |
Liabilities Non-Current | $651,002,000 (17.78%) | $552,725,000 (28.80%) | $429,129,000 (78.08%) | $240,974,000 (7.70%) |
LBRT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $4,315,161,000 (-9.11%) | $4,747,928,000 (14.43%) | $4,149,228,000 (67.93%) | $2,470,782,000 (155.83%) |
Cost of Revenue | $3,200,506,000 (-4.44%) | $3,349,370,000 (6.36%) | $3,149,036,000 (39.96%) | $2,249,926,000 (162.23%) |
Selling General & Administrative Expense | $225,474,000 (1.84%) | $221,406,000 (22.98%) | $180,040,000 (45.89%) | $123,406,000 (46.74%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $725,187,000 (13.67%) | $637,979,000 (26.51%) | $504,302,000 (25.42%) | $402,080,000 (41.16%) |
Interest Expense | $32,692,000 (10.85%) | $29,493,000 (29.84%) | $22,715,000 (45.58%) | $15,603,000 (5.65%) |
Income Tax Expense | $87,261,000 (-51.11%) | $178,482,000 (22607.19%) | -$793,000 (-108.60%) | $9,216,000 (129.87%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $316,010,000 (-43.21%) | $556,408,000 (39.00%) | $400,302,000 (314.06%) | -$187,004,000 (-16.39%) |
Net Income to Non-Controlling Interests | $0 (0%) | $91,000 (-87.00%) | $700,000 (109.02%) | -$7,760,000 (82.79%) |
Net Income | $316,010,000 (-43.20%) | $556,317,000 (39.22%) | $399,602,000 (322.94%) | -$179,244,000 (-55.08%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $316,010,000 (-43.20%) | $556,317,000 (39.22%) | $399,602,000 (322.94%) | -$179,244,000 (-55.08%) |
Weighted Average Shares | $165,026,000 (-3.97%) | $171,845,000 (-6.78%) | $184,334,000 (5.93%) | $174,019,000 (104.15%) |
Weighted Average Shares Diluted | $169,398,000 (-3.95%) | $176,360,000 (-6.86%) | $189,349,000 (8.81%) | $174,019,000 (104.15%) |
Earning Before Interest & Taxes (EBIT) | $435,963,000 (-42.96%) | $764,292,000 (81.32%) | $421,524,000 (372.96%) | -$154,425,000 (-17.28%) |
Gross Profit | $1,114,655,000 (-20.30%) | $1,398,558,000 (39.83%) | $1,000,192,000 (352.87%) | $220,856,000 (104.86%) |
Operating Income | $389,468,000 (-48.79%) | $760,579,000 (53.38%) | $495,890,000 (373.63%) | -$181,224,000 (-2.37%) |
LBRT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$643,113,000 (4.35%) | -$672,328,000 (-49.19%) | -$450,656,000 (-141.65%) | -$186,494,000 (-85.99%) |
Net Cash Flow from Financing | -$202,705,000 (41.97%) | -$349,315,000 (-526.35%) | -$55,770,000 (-2812.55%) | $2,056,000 (107.12%) |
Net Cash Flow from Operations | $829,374,000 (-18.25%) | $1,014,583,000 (91.30%) | $530,364,000 (291.51%) | $135,467,000 (58.58%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$16,444,000 (-132.92%) | -$7,060,000 (-129.49%) | $23,938,000 (148.88%) | -$48,971,000 (-12.03%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$75,656,000 (-920.31%) | -$7,415,000 (43.42%) | -$13,106,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$16,056,000 (20.84%) | -$20,283,000 (-35.22%) | -$15,000,000 (0%) | $0 (0%) |
Capital Expenditure | -$627,057,000 (-8.79%) | -$576,389,000 (-34.59%) | -$428,241,000 (-146.98%) | -$173,388,000 (-72.92%) |
Issuance (Repayment) of Debt Securities | $198,000 (100.20%) | -$98,674,000 (-212.65%) | $87,595,000 (1418.90%) | $5,767,000 (142.79%) |
Issuance (Purchase) of Equity Shares | -$129,250,000 (36.43%) | -$203,323,000 (-62.15%) | -$125,392,000 (-9327.97%) | -$1,330,000 (18.95%) |
Payment of Dividends & Other Cash Distributions | -$48,310,000 (-28.20%) | -$37,684,000 (-311.22%) | -$9,164,000 (-5354.76%) | -$168,000 (96.21%) |
Effect of Exchange Rate Changes on Cash | -$356,000 (-311.90%) | $168,000 (164.62%) | -$260,000 (-2788.89%) | -$9,000 (0%) |
Share Based Compensation | $32,412,000 (-1.86%) | $33,026,000 (42.92%) | $23,108,000 (15.85%) | $19,946,000 (16.38%) |
Depreciation Amortization & Accretion | $505,050,000 (19.82%) | $421,514,000 (30.49%) | $323,028,000 (22.94%) | $262,757,000 (43.00%) |
LBRT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 25.80% (-12.54%) | 29.50% (22.41%) | 24.10% (170.79%) | 8.90% (-20.54%) |
Profit Margin | 7.30% (-37.61%) | 11.70% (21.88%) | 9.60% (231.51%) | -7.30% (39.17%) |
EBITDA Margin | 21.80% (-12.80%) | 25.00% (39.66%) | 17.90% (306.82%) | 4.40% (-18.52%) |
Return on Average Equity (ROAE) | 16.30% (-49.54%) | 32.30% (10.24%) | 29.30% (296.64%) | -14.90% (11.31%) |
Return on Average Assets (ROAA) | 9.80% (-47.87%) | 18.80% (13.25%) | 16.60% (282.42%) | -9.10% (-4.60%) |
Return on Sales (ROS) | 10.10% (-37.27%) | 16.10% (57.84%) | 10.20% (261.90%) | -6.30% (53.68%) |
Return on Invested Capital (ROIC) | 14.60% (-50.51%) | 29.50% (46.04%) | 20.20% (319.57%) | -9.20% (14.81%) |
Dividend Yield | 1.50% (25.00%) | 1.20% (300.00%) | 0.30% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 10.41 (86.00%) | 5.6 (-24.11%) | 7.38 (178.35%) | -9.42 (-24.22%) |
Price to Sales Ratio (P/S) | 0.76 (15.83%) | 0.66 (-7.59%) | 0.71 (4.10%) | 0.68 (-24.95%) |
Price to Book Ratio (P/B) | 1.64 (-1.08%) | 1.66 (-14.99%) | 1.95 (35.69%) | 1.44 (42.29%) |
Debt to Equity Ratio (D/E) | 0.67 (2.94%) | 0.65 (-10.26%) | 0.72 (7.93%) | 0.67 (32.54%) |
Earnings Per Share (EPS) | 1.91 (-41.05%) | 3.24 (49.31%) | 2.17 (310.68%) | -1.03 (24.26%) |
Sales Per Share (SPS) | 26.15 (-5.36%) | 27.63 (22.75%) | 22.51 (58.54%) | 14.2 (25.31%) |
Free Cash Flow Per Share (FCFPS) | 1.23 (-51.92%) | 2.55 (360.29%) | 0.55 (354.13%) | -0.22 (-25.29%) |
Book Value Per Share (BVPS) | 11.99 (11.90%) | 10.72 (32.13%) | 8.11 (16.32%) | 6.97 (-48.35%) |
Tangible Assets Book Value Per Share (TABVPS) | 19.98 (13.15%) | 17.65 (26.33%) | 13.97 (19.16%) | 11.73 (-47.11%) |
Enterprise Value Over EBIT (EV/EBIT) | 8 (60.00%) | 5 (-37.50%) | 8 (161.54%) | -13 (-30.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 3.93 (33.99%) | 2.93 (-33.39%) | 4.4 (-75.89%) | 18.26 (-26.15%) |
Asset Turnover | 1.34 (-16.85%) | 1.61 (-6.73%) | 1.72 (37.81%) | 1.25 (71.60%) |
Current Ratio | 1.27 (-14.68%) | 1.49 (1.29%) | 1.47 (33.06%) | 1.11 (-30.46%) |
Dividends | $0.29 (31.82%) | $0.22 (340.00%) | $0.05 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $202,317,000 (-53.83%) | $438,194,000 (329.08%) | $102,123,000 (369.30%) | -$37,921,000 (-155.46%) |
Enterprise Value (EV) | $3,698,397,975 (6.32%) | $3,478,471,052 (6.12%) | $3,277,944,399 (65.70%) | $1,978,214,943 (53.62%) |
Earnings Before Tax (EBT) | $403,271,000 (-45.12%) | $734,799,000 (84.25%) | $398,809,000 (334.55%) | -$170,028,000 (-16.11%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $941,013,000 (-20.64%) | $1,185,806,000 (59.26%) | $744,552,000 (587.29%) | $108,332,000 (108.01%) |
Invested Capital | $3,143,493,000 (13.79%) | $2,762,658,000 (23.79%) | $2,231,677,000 (31.66%) | $1,695,050,000 (1.11%) |
Working Capital | $182,000,000 (-42.19%) | $314,830,000 (2.49%) | $307,176,000 (402.50%) | $61,130,000 (-71.03%) |
Tangible Asset Value | $3,296,394,000 (8.66%) | $3,033,557,000 (17.77%) | $2,575,932,000 (26.23%) | $2,040,660,000 (7.97%) |
Market Capitalization | $3,250,337,975 (6.27%) | $3,058,555,052 (4.69%) | $2,921,580,399 (67.17%) | $1,747,657,943 (50.10%) |
Average Equity | $1,942,311,500 (12.70%) | $1,723,507,500 (26.30%) | $1,364,646,750 (13.38%) | $1,203,576,750 (75.36%) |
Average Assets | $3,227,063,000 (9.32%) | $2,951,951,000 (22.65%) | $2,406,775,750 (21.88%) | $1,974,663,500 (49.08%) |
Invested Capital Average | $2,977,619,750 (14.77%) | $2,594,357,750 (24.62%) | $2,081,830,000 (23.46%) | $1,686,268,500 (37.99%) |
Shares | 163,415,685 (-3.08%) | 168,608,327 (-7.60%) | 182,484,722 (1.28%) | 180,170,922 (59.54%) |