Liberty Energy (LBRT) Tax Rate (2018 - 2026)
Liberty Energy (LBRT) posted Tax Rate of 17.6% for Q2 2026, down 39.74% on a QoQ basis from 29.2% in Q1 2026, and down 777.0% year-over-year from 2.6% in Q2 2025.
Analysis
Liberty Energy (LBRT) Tax Rate (2018 - 2026) Analysis & Trends
Liberty Energy has reported Tax Rate for 9 years, with the latest figure at 17.6% in Q2 2026.
- On a quarterly basis, Tax Rate fell 777.0% year-over-year to 17.6% in Q2 2026; TTM through Jun 2026 was 21.7%, a 4.0% decrease from a year earlier, with the FY2025 full-year figure at 24.24%, up 260.0% from the prior year.
- Tax Rate was 17.6% for Q2 2026 at Liberty Energy, down from 29.2% in the prior quarter.
- The five-year high for Tax Rate was 29.2% in Q1 2026, with the low at 17.85% in Q1 2022.
- Average Tax Rate over 5 years is 16.69%, with a median of 22.8% recorded in 2024.
- The largest YoY upside for Tax Rate was 4412 bps in 2022 against a maximum downside of 3395 bps in 2022.
- Over 5 years, Tax Rate stood at 2.98% in 2022, then surged by 854 bps to 22.47% in 2023, then sank by 53 bps to 10.46% in 2024, then surged by 90 bps to 19.89% in 2025, then dropped by 12 bps to 17.6% in 2026.
- The last three Tax Rate figures came in at 17.6% (Q2 2026), 29.2% (Q1 2026), and 19.89% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.07 Bn | 81.00 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 63.03 Bn | 47.30 Bn | 1.58 Bn | 23.54% |
| 3 | Halliburton | 31.08 Bn | 29.03 Bn | 2.10 Bn | 18.98% |
| 4 | Weatherford International | 6.68 Bn | 5.54 Bn | 662.00 Mn | 44.00% |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.98 Bn | 246.76 Mn | 28.81% |
| 6 | Tidewater | 4.62 Bn | 4.01 Bn | 161.54 Mn | 54.31% |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn | 10.72% |
| 8 | Liberty Energy | 3.59 Bn | 3.04 Bn | 208.34 Mn | 17.60% |
| 9 | National Energy Services Reunited | 3.50 Bn | 3.31 Bn | 81.29 Mn | 25.29% |
| 10 | Select Water Solutions | 2.78 Bn | 2.74 Bn | 76.84 Mn | 21.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.60% |
| Mar 31, 2026 | 29.20% |
| Dec 31, 2025 | 19.89% |
| Sep 30, 2025 | 21.81% |
| Jun 30, 2025 | 25.37% |
| Mar 31, 2025 | 27.96% |
| Dec 31, 2024 | 10.46% |
| Sep 30, 2024 | 23.13% |
| Jun 30, 2024 | 23.13% |
| Mar 31, 2024 | 24.45% |
| Dec 31, 2023 | 22.47% |
| Sep 30, 2023 | 25.12% |
| Jun 30, 2023 | 23.67% |
| Mar 31, 2023 | 25.09% |
| Dec 31, 2022 | -2.98% |
| Sep 30, 2022 | 1.74% |
| Jun 30, 2022 | 0.22% |
| Mar 31, 2022 | -17.85% |
| Dec 31, 2021 | 0.33% |
| Sep 30, 2021 | -2.07% |