Liberty Energy (LBRT) Construction in Progress (2016 - 2024)
Liberty Energy (LBRT) recorded Construction in Progress of $216.21 million in Q2 2024, up 19.2% from $181.32 million a year earlier and up 17.5% from the prior quarter.
Liberty Energy (LBRT) Construction in Progress (2016 - 2024) Analysis & Trends
At the end of FY2023, Liberty Energy reported Construction in Progress of $156.59 million, down 1.2% from FY2022.
- Annual Construction in Progress has a five-year compound annual growth rate of 22.5% (FY2018 to FY2023).
- Across earlier years, Construction in Progress came in at $158.52 million in FY2022 (+76.9%), $89.6 million in FY2021 (-41.7%), $153.72 million in FY2020 (+475.1%) and $26.73 million in FY2019 (-52.9%).
- The Q2 2024 figure is the highest quarterly Construction in Progress in data going back to Q4 2017.
- On a year-over-year basis, Construction in Progress rose in seven of the last eight quarters, with growth averaging 29.5%.
- Peak year-over-year performance for Construction in Progress in the last five years was growth of 757.1% in Q2 2020, against a decline of 85.3% in Q3 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at $184.04 million (Q1 2024), $156.59 million (Q4 2023) and $179.35 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | - |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | - |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | - |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | - |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | - |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | - |
| 10 | Liberty Energy | 2.04 Bn | 638.74 Mn | 201.11 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 216.21 Mn |
| Mar 31, 2024 | 184.04 Mn |
| Dec 31, 2023 | 156.59 Mn |
| Sep 30, 2023 | 179.35 Mn |
| Jun 30, 2023 | 181.32 Mn |
| Mar 31, 2023 | 172.92 Mn |
| Dec 31, 2022 | 158.52 Mn |
| Sep 30, 2022 | 149.74 Mn |
| Jun 30, 2022 | 151.67 Mn |
| Mar 31, 2022 | 116.84 Mn |
| Dec 31, 2021 | 89.60 Mn |
| Sep 30, 2021 | 101.89 Mn |
| Jun 30, 2021 | 141.99 Mn |
| Mar 31, 2021 | 135.38 Mn |
| Dec 31, 2020 | 153.72 Mn |
| Sep 30, 2020 | 20.44 Mn |
| Jun 30, 2020 | 45.17 Mn |
| Mar 31, 2020 | 43.02 Mn |
| Dec 31, 2019 | 26.73 Mn |
| Sep 30, 2019 | 4.62 Mn |
Liberty Energy Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=LBRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "LBRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=LBRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();