Liberty Energy (LBRT) Operating Margin (2017 - 2026)
Liberty Energy (LBRT) recorded quarterly Operating Margin of 2.18% in Q1 2026, up 13.98% quarter-over-quarter from 1.91% in Q4 2025, and up 32.0% on a YoY basis from 1.65% in Q1 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.
- In Q1 2026, Operating Margin rose 32.0% year-over-year to 2.18%; the TTM figure through Mar 2026 stood at 1.9% (down 503.0% YoY), while the FY2025 annual figure was 1.81%, down 721.0% from the prior year.
- Operating Margin was 2.18% for Q1 2026 at Liberty Energy, up from 1.91% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 1039.94% in Q1 2024 to a low of 0.26% in Q3 2025.
- Historically, Operating Margin has averaged 69.46% across 5 years, with a median of 11.51% in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Margin surged 102210 bps in 2024, then sank 103808 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 16.19% in 2022, then dropped by 29 bps to 11.51% in 2023, then tumbled 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.
- The last three Operating Margin figures came in at 2.18% (Q1 2026), 1.91% (Q4 2025), and 0.26% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 15.64% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 30.89% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 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 | 0.48% |
| Dec 31, 2021 | -9.28% |
| Sep 30, 2021 | -6.12% |
| Jun 30, 2021 | -6.19% |