Liberty Energy (LBRT) Operating Margin (2017 - 2026)
Liberty Energy's (LBRT) quarterly Operating Margin came in at 2.18% in Q1 2026, up 32.0% year-on-year from 1.65% in Q1 2025, and up 13.98% quarter-over-quarter from 1.91% in Q4 2025.
Liberty Energy (LBRT) Operating Margin (2017 - 2026) Analysis & Trends
Liberty Energy's Operating Margin history runs 10 years deep, the most recent figure standing at 2.18% for Q1 2026.
- On a quarterly basis, Operating Margin rose 32.0% year-over-year to 2.18% in Q1 2026; TTM through Mar 2026 was 1.9%, a 503.0% decrease from a year earlier, with the FY2025 full-year figure at 1.81%, down 721.0% from the prior year.
- Operating Margin grew to 2.18% in Q1 2026 per LBRT's latest filing, from 1.91% in the prior quarter.
- Across five years, Operating Margin topped out at 1039.94% in Q1 2024 and bottomed at 0.26% in Q3 2025.
- The 5-year median for Operating Margin is 11.51% (2023), against an average of 69.46%.
- Across the five-year window, Operating Margin soared 357838 bps in 2022 and sank 103808 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 16.19% in 2022, then dropped by 29 bps to 11.51% in 2023, then sank by 77 bps to 2.64% in 2024, then decreased by 28 bps to 1.91% in 2025, then gained by 14 bps to 2.18% in 2026.
- Per Business Quant, the three latest LBRT Operating Margin figures stand at 2.18% (Q1 2026), 1.91% (Q4 2025), and 0.26% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 58.70% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 48.92% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 14.51% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 12.57% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.80% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 9.68% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 54.06% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 8.35% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 30.89% |
| 10 | Liberty Energy | 2.84 Bn | 2.14 Bn | 177.37 Mn | 2.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.18% |
| Dec 31, 2025 | 1.91% |
| Sep 30, 2025 | -0.26% |
| Jun 30, 2025 | 3.56% |
| Mar 31, 2025 | 1.86% |
| Dec 31, 2024 | 2.64% |
| Sep 30, 2024 | 9.42% |
| Jun 30, 2024 | 12.23% |
| Mar 31, 2024 | 1,039.94% |
| Dec 31, 2023 | 11.51% |
| Sep 30, 2023 | 16.88% |
| Jun 30, 2023 | 17.28% |
| Mar 31, 2023 | 17.84% |
| Dec 31, 2022 | 16.19% |
| Sep 30, 2022 | 15.40% |
| Jun 30, 2022 | 11.73% |
| Mar 31, 2022 | 0.50% |
| Dec 31, 2021 | -2.58% |
| Sep 30, 2021 | -6.05% |
| Jun 30, 2021 | -6.19% |