Liberty Energy Inc.
Liberty Energy Inc. (LBRT) is listed on NYSE and classified in Oil & Gas Equipment & Services, part of the Energy sector. It is headquartered in Denver, United States and has 5,800 employees. The company is worth $2.51B and trades at 20.8x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $4.01B in fiscal 2025, down 7.2% from the year before. Net income was $147.87M. The share price is 55.4% below its 52-week high of $34.48. It pays a dividend yielding 2.34%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Israel Englander (Millennium Management), at $68.45M. In that quarter, 4 of them opened or added to the position and 2 reduced it. Over the last 30 days, company insiders sold $127.22K of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +80.4% over 5Y.
today you would have $1,372.05▲ +37.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 8 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $18.46 | $19.89 | $18.14 | $16.01 | $9.70 | $10.31 | $11.12 | $12.95 | |
| P/E | 9.1x | 20.7x | 10.6x | 5.8x | 7.6x | — | — | 21.0x | 7.2x |
| P/S | 0.7x | 0.8x | 0.8x | 0.7x | 0.7x | 0.7x | 0.9x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 2.3% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 9.1 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 7.6% required return, from the stock’s beta.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| BKVBKV Corp | $22.93 | 8.2x | 1.1x | 0.00% | 14.05% | $2.51B |
| WTTRSelect Water Solutions, Inc. | $17.54 | 67.5x | 2.1x | 1.60% | 3.13% | $2.5B |
| EROKEagleRock Land, LLC | $17.57 | 6.8x | 1.3x | 0.00% | — | $2.31B |
| BTUPeabody Energy Corp | $22.43 |
| 0.6x |
| 0.7x |
| P/B | 1.7x | 1.5x | 1.7x | 1.7x | 2.0x | 1.4x | 0.8x | 2.1x | 3.5x |
| EPS | $0.89 | $1.87 | $3.15 | $2.11 | -$1.03 | -$1.36 | $0.53 | $1.81 |
| Dividend yield | 1.21% | 1.79% | 1.46% | 1.21% | 0.31% | — | 0.48% | 1.80% | 0.77% |
| Payout | 11.25% | 37.08% | 15.51% | 6.98% | 2.37% | — | — | 37.74% | 5.52% |
| Profit margin | 4.78% | 3.69% | 7.32% | 11.72% | 9.63% | -7.25% | -11.97% | 1.96% | 5.86% |
| ROE | 11.54% | 7.11% | 15.97% | 30.21% | 26.73% | -14.77% | -10.05% | 7.03% | 29.18% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-13.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 0.8x |
| 1.34% |
| -4.77% |
| $2.73B |
| EFXTEnerflex Ltd. | $22.89 | 52.0x | 2.4x | 0.52% | 4.62% | $2.79B |
| GPORGulfport Energy Corp | $160.50 | 6.3x | 1.6x | 0.00% | 27.41% | $2.84B |