Liberty Energy (LBRT) Net Margin (2017 - 2026)
Liberty Energy (LBRT) posted Net Margin of 3.62% for Q2 2026, up 64.06% on a QoQ basis from 2.21% in Q1 2026, and down 319.0% year-over-year from 1.65% in Q2 2025.
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Liberty Energy (LBRT) Net Margin (2017 - 2026) Analysis & Trends
Liberty Energy has reported Net Margin for 10 years, with the latest figure at 3.62% in Q2 2026.
- On a quarterly basis, Net Margin fell 319.0% year-over-year to 3.62% in Q2 2026; TTM through Jun 2026 was 2.92%, a 237.0% decrease from a year earlier, with the FY2025 full-year figure at 3.69%, down 363.0% from the prior year.
- Net Margin was 3.62% for Q2 2026 at Liberty Energy, up from 2.21% in the prior quarter.
- The five-year high for Net Margin was 12.89% in Q1 2023, with the low at 0.69% in Q1 2022.
- Average Net Margin over 5 years is 7.3%, with a median of 7.22% recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 2077 bps in 2022, then sank 574 bps in 2024.
- Over 5 years, Net Margin stood at 12.5% in 2022, then plunged by 31 bps to 8.6% in 2023, then tumbled by 36 bps to 5.5% in 2024, then slumped by 76 bps to 1.32% in 2025, then soared by 175 bps to 3.62% in 2026.
- The last three Net Margin figures came in at 3.62% (Q2 2026), 2.21% (Q1 2026), and 1.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 10.12% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 9.42% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 3.80% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | 13.33% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 6.16% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 13.34% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 8.45% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | 3.62% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.62% |
| Mar 31, 2026 | 2.21% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 4.54% |
| Jun 30, 2025 | 6.81% |
| Mar 31, 2025 | 2.06% |
| Dec 31, 2024 | 5.50% |
| Sep 30, 2024 | 6.48% |
| Jun 30, 2024 | 9.34% |
| Mar 31, 2024 | 7.63% |
| Dec 31, 2023 | 8.60% |
| Sep 30, 2023 | 12.22% |
| 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 | -6.03% |