Liberty Energy (LBRT) Shares Outstanding (Diluted Average) (2018 - 2026)

Liberty Energy (LBRT) recorded quarterly Shares Outstanding (Diluted Average) of $166.3 million in Q1 2026, up 0.54% quarter-over-quarter from $165.4 million in Q4 2025, and little changed on a YoY basis from $165.8 million in Q1 2025.

Liberty Energy (LBRT) Shares Outstanding (Diluted Average) (2018 - 2026) Analysis & Trends

Liberty Energy's Shares Outstanding (Diluted Average) history runs 9 years deep, the most recent figure standing at $166.3 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) changed 0.28% year-over-year to $166.3 million; the TTM figure through Mar 2026 stood at $166.3 million (changed 0.28% YoY), while the FY2025 annual figure was $165.4 million, down 2.38% from the prior year.
  • Shares Outstanding (Diluted Average) was $166.3 million for Q1 2026 at Liberty Energy, up from $165.4 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $190.6 million in Q2 2022 to a low of $165.0 million in Q2 2025.
  • Historically, Shares Outstanding (Diluted Average) has averaged $174.9 million across 5 years, with a median of $171.4 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Shares Outstanding (Diluted Average) advanced 13.54% in 2022, then decreased 8.65% in 2023.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $189.3 million in 2022, then slipped by 6.86% to $176.4 million in 2023, then slipped by 3.95% to $169.4 million in 2024, then dropped by 2.38% to $165.4 million in 2025, then rose by 0.54% to $166.3 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $166.3 million (Q1 2026), $165.4 million (Q4 2025), and $165.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn -
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 839.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 409.90 Mn
5 Enerflex 8.62 Bn 8.57 Bn - 88.24 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 72.20 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 87.50 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 166.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 166.26 Mn
Dec 31, 2025 165.37 Mn
Sep 30, 2025 165.07 Mn
Jun 30, 2025 165.04 Mn
Mar 31, 2025 165.78 Mn
Dec 31, 2024 169.40 Mn
Sep 30, 2024 169.95 Mn
Jun 30, 2024 169.67 Mn
Mar 31, 2024 171.44 Mn
Dec 31, 2023 176.36 Mn
Sep 30, 2023 173.98 Mn
Jun 30, 2023 178.84 Mn
Mar 31, 2023 181.09 Mn
Dec 31, 2022 189.35 Mn
Sep 30, 2022 190.47 Mn
Jun 30, 2022 190.62 Mn
Mar 31, 2022 184.00 Mn
Dec 31, 2021 174.02 Mn
Sep 30, 2021 178.31 Mn
Jun 30, 2021 167.89 Mn