Liberty Energy (LBRT) Net Margin (2017 - 2026)
Liberty Energy (LBRT) recorded quarterly Net Margin of 2.21% in Q1 2026, up 67.85% quarter-over-quarter from 1.32% in Q4 2025, and up 15.0% on a YoY basis from 1.92% in Q1 2025.
Liberty Energy (LBRT) Net Margin (2017 - 2026) Analysis & Trends
Liberty Energy's Net Margin history runs 10 years deep, the most recent figure standing at 2.21% for Q1 2026.
- In Q1 2026, Net Margin rose 15.0% year-over-year to 2.21%; the TTM figure through Mar 2026 stood at 3.71% (down 231.0% YoY), while the FY2025 annual figure was 3.69%, down 363.0% from the prior year.
- Net Margin was 2.21% for Q1 2026 at Liberty Energy, up from 1.32% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 737.57% in Q1 2024 to a low of 0.69% in Q1 2022.
- Historically, Net Margin has averaged 50.45% across 5 years, with a median of 8.59% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 72467 bps in 2024, then tumbled 73551 bps in 2025.
- A 5-year view of Net Margin shows it stood at 12.5% in 2022, then slumped by 31 bps to 8.59% in 2023, then sank by 36 bps to 5.5% in 2024, then tumbled by 76 bps to 1.32% in 2025, then surged by 68 bps to 2.21% in 2026.
- The last three Net Margin figures came in at 2.21% (Q1 2026), 1.32% (Q4 2025), and 4.54% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 71.76 Bn | 69.55 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 57.63 Bn | 43.04 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 29.21 Bn | 27.25 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 25.99 Bn | 24.72 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.61 Bn | 8.55 Bn | - | 19.98% |
| 6 | Nov | 6.73 Bn | 5.44 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.59 Bn | 5.54 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 6.43 Bn | 6.42 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.96 Bn | 5.87 Bn | 222.88 Mn | 5.17% |
| 10 | Liberty Energy | 4.41 Bn | 3.71 Bn | 177.37 Mn | 2.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.21% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 4.54% |
| Jun 30, 2025 | 6.82% |
| Mar 31, 2025 | 2.06% |
| Dec 31, 2024 | 5.50% |
| Sep 30, 2024 | 6.48% |
| Jun 30, 2024 | 9.34% |
| Mar 31, 2024 | 737.57% |
| Dec 31, 2023 | 8.59% |
| Sep 30, 2023 | 12.23% |
| Jun 30, 2023 | 12.78% |
| Mar 31, 2023 | 12.89% |
| Dec 31, 2022 | 12.50% |
| Sep 30, 2022 | 12.39% |
| Jun 30, 2022 | 11.18% |
| Mar 31, 2022 | -0.69% |
| Dec 31, 2021 | -8.27% |
| Sep 30, 2021 | -6.10% |
| Jun 30, 2021 | -9.03% |