Liberty Energy (LBRT) Tax Rate (2018 - 2026)
Liberty Energy (LBRT) recorded quarterly Tax Rate of 29.2% in Q1 2026, up 45.96% quarter-over-quarter from 20.01% in Q4 2025, and up 126.0% on a YoY basis from 12.92% in Q1 2025.
Liberty Energy (LBRT) Tax Rate (2018 - 2026) Analysis & Trends
Liberty Energy's Tax Rate history runs 9 years deep, the most recent figure standing at 29.2% for Q1 2026.
- In Q1 2026, Tax Rate rose 126.0% year-over-year to 29.2%; the TTM figure through Mar 2026 stood at 24.51% (up 325.0% YoY), while the FY2025 annual figure was 24.24%, up 260.0% from the prior year.
- Tax Rate was 29.2% for Q1 2026 at Liberty Energy, up from 20.01% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 29.2% in Q1 2026 to a low of 17.85% in Q1 2022.
- Historically, Tax Rate has averaged 16.64% across 5 years, with a median of 23.09% in 2024.
- Biggest YoY gain for Tax Rate was 4408 bps in 2022; the steepest drop was 3395 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 2.95% in 2022, then surged by 862 bps to 22.5% in 2023, then slumped by 53 bps to 10.48% in 2024, then surged by 91 bps to 20.01% in 2025, then jumped by 46 bps to 29.2% in 2026.
- The last three Tax Rate figures came in at 29.2% (Q1 2026), 20.01% (Q4 2025), and 21.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 29.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.20% |
| Mar 31, 2026 | 29.20% |
| Dec 31, 2025 | 20.01% |
| Dec 31, 2025 | 20.01% |
| Sep 30, 2025 | 21.76% |
| Sep 30, 2025 | 21.76% |
| Jun 30, 2025 | 25.33% |
| Jun 30, 2025 | 25.33% |
| Mar 31, 2025 | 27.94% |
| Mar 31, 2025 | 27.94% |
| Dec 31, 2024 | 10.48% |
| Dec 31, 2024 | 10.48% |
| Sep 30, 2024 | 23.09% |
| Sep 30, 2024 | 23.09% |
| Jun 30, 2024 | 23.13% |
| Jun 30, 2024 | 23.13% |
| Mar 31, 2024 | 24.45% |
| Mar 31, 2024 | 24.45% |
| Dec 31, 2023 | 22.50% |
| Dec 31, 2023 | 22.50% |