Liberty Energy (LBRT) Return on Capital Employed (2018 - 2026)

Liberty Energy (LBRT) recorded quarterly Return on Capital Employed of 2.37% in Q1 2026, down 8.39% quarter-over-quarter from 2.59% in Q4 2025, and down 883.0% on a YoY basis from 0.3% in Q1 2025.

Liberty Energy (LBRT) Return on Capital Employed (2018 - 2026) Analysis & Trends

Liberty Energy's Return on Capital Employed history runs 9 years deep, the most recent figure standing at 2.37% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 883.0% year-over-year to 2.37%; the TTM figure through Mar 2026 stood at 2.37% (down 883.0% YoY), while the FY2025 annual figure was 2.69%, down 1290.0% from the prior year.
  • Return on Capital Employed was 2.37% for Q1 2026 at Liberty Energy, down from 2.59% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 38.75% in Q2 2023 to a low of 9.06% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 16.96% across 5 years, with a median of 14.88% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed surged 4654 bps in 2023, then sank 1828 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 26.09% in 2022, then climbed by 20 bps to 31.4% in 2023, then plunged by 53 bps to 14.88% in 2024, then sank by 83 bps to 2.59% in 2025, then retreated by 8 bps to 2.37% in 2026.
  • The last three Return on Capital Employed figures came in at 2.37% (Q1 2026), 2.59% (Q4 2025), and 2.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 36.80%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 35.87%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 12.84%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 27.54%
5 Enerflex 8.62 Bn 8.57 Bn - 2.02%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 4.37%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 19.80%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 20.30%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 8.84%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.37%
Dec 31, 2025 2.59%
Sep 30, 2025 2.78%
Jun 30, 2025 7.20%
Mar 31, 2025 11.20%
Dec 31, 2024 14.88%
Sep 30, 2024 19.47%
Jun 30, 2024 24.17%
Mar 31, 2024 27.08%
Dec 31, 2023 31.40%
Sep 30, 2023 37.74%
Jun 30, 2023 38.75%
Mar 31, 2023 37.48%
Dec 31, 2022 26.09%
Sep 30, 2022 13.56%
Jun 30, 2022 0.70%
Mar 31, 2022 -9.06%
Dec 31, 2021 -12.64%
Sep 30, 2021 -11.78%
Jun 30, 2021 -12.92%