Liberty Energy (LBRT) Return on Capital Employed [ROCE] (2018 - 2026)
Liberty Energy (LBRT) posted Return on Capital Employed [ROCE] of 2.04% for Q3 2026, down 0.74 percentage points from 2.78% a year earlier but up 0.62 percentage points from the prior quarter.
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Analysis
Liberty Energy (LBRT) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Liberty Energy's Return on Capital Employed [ROCE] came in at 2.69%, down 12.90 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +17.07 percentage points (FY2020 to FY2025).
- In prior years, Liberty Energy's Return on Capital Employed [ROCE] was 15.59% in FY2024 (-19.54 pp), 35.13% in FY2023 (+5.23 pp), 29.89% in FY2022 (+42.88 pp) and -12.98% in FY2021 (+1.40 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of -12.64% in Q4 2021 to a high of 38.75% in Q2 2023 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last 11 quarters, with an average year-over-year change of -11.71 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2023, with a gain of 46.54 percentage points; the weakest was Q3 2024, with a drop of 18.28 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 1.43% (Q2 2026), 2.37% (Q1 2026) and 2.59% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 11.29% |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 14.16% |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 14.18% |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 33.29% |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 5.53% |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 5.33% |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 16.42% |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 5.95% |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 4.08% |
| 10 | Liberty Energy | 2.04 Bn | 638.74 Mn | 201.11 Mn | 2.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.04% |
| Jun 30, 2026 | 1.43% |
| 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% |
API Access
Liberty Energy Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LBRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "LBRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=LBRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();