Liberty Energy (LBRT) Depreciation and Depletion (2018 - 2026)
Liberty Energy's Depreciation and Depletion came in at $99.4 million for Q3 2026, down 5.0% from $104.6 million a year earlier and down 0.3% from the prior quarter.
Liberty Energy (LBRT) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Liberty Energy reported Depreciation and Depletion of $399.7 million, down 9.8% year-over-year; for FY2025, it came in at $428.3 million, down 4.4% from FY2024.
- Depreciation and Depletion carries a five-year compound annual growth rate of 20.3% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $448.1 million in FY2024 (+15.5%), $387.8 million in FY2023 (+28.3%), $302.3 million in FY2022 (+24.4%) and $243 million in FY2021 (+43.0%).
- The Q3 2026 figure represents the lowest quarterly Depreciation and Depletion since Q2 2023.
- Year-over-year, Depreciation and Depletion has declined for five consecutive quarters, with an average decline of 4.4% over the last eight quarters.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q4 2021 (growth of 53.9%), and the weakest in Q4 2025 (a decline of 12.8%).
- Business Quant data shows LBRT's Depreciation and Depletion at $99.7 million (Q2 2026), $99.5 million (Q1 2026) and $101.1 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 468.00 Mn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 305.00 Mn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 100.70 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 | 47.30 Mn |
| 10 | Liberty Energy | 2.04 Bn | 638.74 Mn | 201.11 Mn | 99.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 99.40 Mn |
| Jun 30, 2026 | 99.70 Mn |
| Mar 31, 2026 | 99.50 Mn |
| Dec 31, 2025 | 101.10 Mn |
| Sep 30, 2025 | 104.60 Mn |
| Jun 30, 2025 | 111.80 Mn |
| Mar 31, 2025 | 110.90 Mn |
| Dec 31, 2024 | 115.90 Mn |
| Sep 30, 2024 | 111.30 Mn |
| Jun 30, 2024 | 110.00 Mn |
| Mar 31, 2024 | 110.90 Mn |
| Dec 31, 2023 | 106.90 Mn |
| Sep 30, 2023 | 99.50 Mn |
| Jun 30, 2023 | 92.90 Mn |
| Mar 31, 2023 | 88.40 Mn |
| Dec 31, 2022 | 82.40 Mn |
| Sep 30, 2022 | 77.50 Mn |
| Jun 30, 2022 | 72.40 Mn |
| Mar 31, 2022 | 69.90 Mn |
| Dec 31, 2021 | 67.10 Mn |
Liberty Energy Depreciation and Depletion 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=depreciation-and-depletion&ticker=LBRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=LBRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();