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| Date | Value |
|---|---|
| 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% |