LBRTLiberty Energy Inc.
Oil & Gas Field Services, NEC
- Revenue
- $4.0B
- 7.2% YoY
- Operating margin
- 1.8%
- 80% YoY
- EBITDA
- $573M
- 36% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.0×
- $1.2B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear412% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear13% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.4B | $4.0B | $4.7B | $4.3B | $4.0B | 7.2% |
| Operating income | −$181M | $496M | $761M | $389M | $73M | 81% |
| Net income | −$179M | $400M | $556M | $316M | $148M | 53% |
| Operating cash flow | $135M | $530M | $1.0B | $829M | $610M | 26% |
| Capex | $199M | $452M | $603M | $651M | $595M | 8.5% |
| Stock-based comp | $20M | $23M | $33M | $32M | $42M | 29% |
| Buybacks | $0 | $125M | $203M | $129M | $25M | 81% |
| Dividends | $168K | $9M | $38M | $48M | $54M | 13% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $223K · 1
- Open-market sells, 12 mo
- $127K · 2
- Net
- $96K
Pay vs performance
No pay-versus-performance disclosure yet.