Stocktoria

Liberty Energy Inc. LBRT

NYSE · stock · Oil & Gas Field Services, NEC · website · IPO 2018-01-12 · LEI

Liberty Energy Inc. statistics & valuation

P / E29.6×
P / S1.1×
P / B2.1×
Net margin3.7%
Net debt$219.1M
Net debt / EBITDA0.4×
Enterprise value USD$4.6B
EV / EBITDA
Earnings yield EBIT/EV1.6%
Return on capital2.6%
Graham number -26.5%$15.87

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($15.87); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
0.00% 5.90% 2.00% -12.00% -7.30% 9.60% 11.70% 7.30% 3.70% 201720182019202020212022202320242025
Gross margin (%)
201720182019202020212022202320242025
Operating margin (%)
12.20% 14.20% 5.20% -18.30% -7.30% 12.00% 16.00% 9.00% 1.80% 201720182019202020212022202320242025
Return on equity (%)
0.00% 17.10% 5.00% -8.80% -14.60% 26.70% 30.20% 16.00% 7.10% 201720182019202020212022202320242025
Shares outstanding
117.8M 105.3M 85.2M 174.0M 189.3M 176.4M 169.4M 165.4M 201720182019202020212022202320242025
Net debt ($)
$180.0M $3.2M -$6.5M $36.8M $102.5M $174.8M $103.2M $170.5M $219.1M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
0.00% 11.30% 3.00% -6.10% -8.80% 15.50% 18.30% 9.60% 4.20% 201720182019202020212022202320242025
Free cash flow margin (%)
201720182019202020212022202320242025
Debt / equity (×)
0.50× 0.14× 0.14× 0.08× 0.10× 0.15× 0.08× 0.10× 0.12× 201720182019202020212022202320242025
EPS ($)
$1.81 $0.53 -$1.36 -$1.03 $2.11 $3.15 $1.87 $0.89 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Liberty Energy Inc. trades at about 24.3× earnings — above its 10-year norm (10-year range 6.6×–27.7×, median 9.8×).

6.6× 27.7×

Shaded band = 10-year range (6.6×–27.7×); dot = today's 24.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin1.8%9.0%16.0%12.0%-7.3%-18.3%5.2%14.2%12.2%
Net margin3.7%7.3%11.7%9.6%-7.3%-12.0%2.0%5.9%0.0%
Return on assets4.2%9.6%18.3%15.5%-8.8%-6.1%3.0%11.3%0.0%
Return on equity7.1%16.0%30.2%26.7%-14.6%-8.8%5.0%17.1%0.0%
Debt / equity0.12×0.10×0.08×0.15×0.10×0.08×0.14×0.14×0.50×
Current ratio1.221.271.491.471.111.591.832.101.60

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.