LBRT: Liberty Energy Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Liberty Energy Inc (LBRT).

OverviewDividends

$3.25B Market Cap.

As of 04/17/2025 5:00 PM ET (MRY) • Disclaimer

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%)