Liberty Energy (LBRT) Shares Outstanding (2018 - 2026)
Liberty Energy (LBRT) posted Shares Outstanding of 163.02 million for Q2 2026, up 0.7% from 161.87 million a year earlier and up 0.6% from the prior quarter.
Powered by 
Analysis
Liberty Energy (LBRT) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, Liberty Energy's Shares Outstanding came in at 161.93 million, down 1.9% from FY2024.
- Annual Shares Outstanding has declined for three consecutive years, though with a five-year compound annual growth rate of 13.7% (FY2020 to FY2025).
- In prior years, Liberty Energy's Shares Outstanding was 165.03 million in FY2024 (-4.0%), 171.85 million in FY2023 (-6.8%), 184.33 million in FY2022 (+5.9%) and 174.02 million in FY2021 (+104.1%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding since Q4 2024.
- On a year-over-year basis, Shares Outstanding increased in two of the last eight quarters, with an average decline of 1.9%.
- The strongest year-over-year quarter for Shares Outstanding in the past five years was Q3 2021, with growth of 109.9%; the weakest was Q3 2023, with a decline of 8.5%.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 162.05 million (Q1 2026), 161.93 million (Q4 2025) and 161.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 1.49 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 992.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 396.20 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 836.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 359.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 159.57 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 1.12 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 71.90 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 69.30 Mn |
| 10 | Liberty Energy | 2.97 Bn | 1.68 Bn | 208.34 Mn | 163.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 163.02 Mn |
| Mar 31, 2026 | 162.05 Mn |
| Dec 31, 2025 | 161.93 Mn |
| Sep 30, 2025 | 161.96 Mn |
| Jun 30, 2025 | 161.87 Mn |
| Mar 31, 2025 | 161.94 Mn |
| Dec 31, 2024 | 165.03 Mn |
| Sep 30, 2024 | 164.74 Mn |
| Jun 30, 2024 | 166.21 Mn |
| Mar 31, 2024 | 166.33 Mn |
| Dec 31, 2023 | 171.85 Mn |
| Sep 30, 2023 | 169.78 Mn |
| Jun 30, 2023 | 173.13 Mn |
| Mar 31, 2023 | 176.57 Mn |
| Dec 31, 2022 | 184.33 Mn |
| Sep 30, 2022 | 185.51 Mn |
| Jun 30, 2022 | 186.72 Mn |
| Mar 31, 2022 | 184.00 Mn |
| Dec 31, 2021 | 174.02 Mn |
| Sep 30, 2021 | 178.31 Mn |
API Access
Liberty Energy Shares Outstanding 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=shares-outstanding&ticker=LBRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LBRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();