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Liberty Energy LBRT Operating margin

Operating margin at other companies

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HalliburtonHAL
11.4%-1.9pp
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SchlumbergerSLB
19.4%+2.6pp
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RPCRES
2.2%-3.4pp
Patterson-UTI Energy logo
Patterson-UTI EnergyPTEN
-1.5%-0.7pp
Nine Energy Service logo
Nine Energy ServiceNINE
2%+0.6pp
ProPetro Holding Corp. logo
ProPetro Holding Corp.PUMP
-1%-0.5pp

Other financials

Income statement

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Revenue$1.2B+14.0%
Gross profit$208.3M-9.6%
Operating income$12.7M-65.7%
Net income$43.1M-39.3%
EPS (diluted)$0.26-39.5%

Balance sheet

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Cash & equivalents$555.4M+2,739%
Total debt$1.6B+170%
Total equity$2.0B-3.5%
Total assets$4.5B+30.4%

Cash flow

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Operating cash flow$133.0M-22.0%
CapEx$223.9M+62.8%
Free cash flow-$90.8M-375%

Valuation

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Market cap$3.27B+77.1%
Enterprise value$4.33B+78.6%
P/E26.7×+18.2×
P/S0.8×+0.3×

Profitability

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Gross margin18.5%-4.5pp
Net margin2.9%-2.4pp
FCF margin8.1%+0.6pp

Returns & leverage

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Return on equity6.1%-4.8pp
Debt / equity0.8×+0.5×
Current ratio+0.8×

Where this comes from

Calculated from Liberty Energy’s reported figures.

Based on trailing twelve months.

The source filing: Liberty Energy’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001694028-26-000039

FAQ

What is Liberty Energy's operating margin?
Liberty Energy (LBRT) reported operating margin of 1.3% in Q2 2026.
How has Liberty Energy's operating margin changed year-over-year?
Liberty Energy's operating margin decreased by 72.6% year-over-year, from 4.6% to 1.3%.
What is the long-term trend for Liberty Energy's operating margin?
Over 5 years (2020 to 2025), Liberty Energy's operating margin has grown at a -37.0% compound annual growth rate (CAGR), from -18.3% to 1.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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