Liberty Energy Inc. (LBRT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.68B | 877.97M | 894.41M | 921.38M | 858.51M | 848.52M | 922.52M | 1B | 978.01M | 954.25M | 1.07B | 1.07B | 1.07B | 956.67M | 996.06M | 840.92M | 761.56M | 630.38M | 671.57M | 668.69M |
| Cash & Short-Term Investments | 699.15M | 27.55M | 13.45M | 19.56M | 24.1M | 19.98M | 23.01M | 30.04M | 23.79M | 36.78M | 26.6M | 31.67M | 20.88M | 43.68M | 24.05M | 41.48M | 32.92M | 20M | 34.7M | 30.71M |
| Cash Only | 699.15M | 27.55M | 13.45M | 19.56M | 24.1M | 19.98M | 23.01M | 30.04M | 23.79M | 36.78M | 26.6M | 31.67M | 20.88M | 43.68M | 24.05M | 41.48M | 32.92M | 20M | 34.7M | 30.71M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 729.43M | 605.37M | 573.8M | 607.33M | 544.27M | 539.86M | 594.06M | 675.64M | 649.21M | 587.47M | 728.43M | 719.19M | 732.67M | 586.01M | 691.16M | 564.04M | 514.61M | 407.45M | 434.5M | 455.25M |
| Days Sales Outstanding | 58.82 | 52.22 | 57.35 | 50.26 | 49.91 | 55.28 | 51.3 | 51.97 | 52.43 | 56.31 | 54.77 | 55.28 | 47.02 | 47.94 | 48.59 | 52.07 | 52.34 | 56.64 | 62.61 | 61.97 |
| Inventory | 185.26M | 188.13M | 184.42M | 201.27M | 202.87M | 203.47M | 197.56M | 206.39M | 210.06M | 205.87M | 211.75M | 201.07M | 196.68M | 214.45M | 185.65M | 163.65M | 139.72M | 134.59M | 116.8M | 120.02M |
| Days Inventory Outstanding | 17.54 | 20.78 | 19.87 | 19.53 | 20.56 | 21.11 | 19.22 | 19.76 | 20.89 | 21.45 | 19.8 | 19.39 | 18.82 | 18.8 | 16.78 | 17.45 | 16.58 | 16.36 | 16.52 | 19.39 |
| Other Current Assets | 66.63M | 56.92M | 122.73M | 93.21M | 87.27M | 85.21M | 107.89M | 90.25M | 94.95M | 124.14M | 100.85M | 121.98M | 119.97M | 112.53M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.76B | 2.68B | 2.61B | 2.52B | 2.5B | 2.45B | 2.35B | 2.24B | 2.12B | 2.08B | 2.02B | 1.85B | 1.69B | 1.62B | 1.53B | 1.49B | 1.43B | 1.41B | 1.29B | 1.31B |
| Property, Plant & Equipment | 2.53B | 2.46B | 2.32B | 2.31B | 2.3B | 2.25B | 2.19B | 2.08B | 1.98B | 1.92B | 1.85B | 1.7B | 1.57B | 1.5B | 1.43B | 1.4B | 1.35B | 1.33B | 1.22B | 1.23B |
| Fixed Asset Turnover | 0.41x | 0.43x | 0.41x | 0.45x | 0.43x | 0.43x | 0.53x | 0.57x | 0.55x | 0.57x | 0.69x | 0.73x | 0.82x | 0.84x | 0.84x | 0.69x | 0.59x | 0.54x | 0.53x | 0.48x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 12.6M | 0 | 12.6M | 12.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.1M | 0 | 0 |
| Long-Term Investments | 87.03M | 70.84M | 148.82M | 86.04M | 69.37M | 81.04M | 34.76M | 37.48M | 0 | 31.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7.1M | 0 | 0 |
| Other Non-Current Assets | 150.39M | 135.26M | 135.93M | 115.33M | 118.78M | 119.4M | 123.64M | 124.38M | 140.94M | 127.33M | 153.35M | 133.29M | 103.91M | 105.3M | 98.67M | 92.92M | 82.77M | 82.29M | 72.87M | 75.14M |
| Total Assets | 4.44B | 3.56B | 3.5B | 3.44B | 3.36B | 3.3B | 3.27B | 3.24B | 3.1B | 3.03B | 3.09B | 2.92B | 2.76B | 2.58B | 2.53B | 2.34B | 2.19B | 2.04B | 1.97B | 1.98B |
| Asset Turnover | 0.26x | 0.29x | 0.27x | 0.31x | 0.29x | 0.29x | 0.35x | 0.37x | 0.35x | 0.35x | 0.40x | 0.42x | 0.47x | 0.48x | 0.49x | 0.42x | 0.37x | 0.34x | 0.33x | 0.30x |
| Asset Growth % | 32.41% | 7.95% | 7.04% | 6.16% | 8.34% | 8.66% | 5.95% | 10.83% | 12.21% | 17.77% | 22.33% | 25.24% | 26.01% | 26.23% | 28.44% | 18.23% | 14.3% | 7.97% | 85.7% | 87.91% |
| Total Current Liabilities | 759.83M | 720.35M | 677.2M | 793.38M | 716.56M | 666.52M | 748.57M | 743.9M | 662.37M | 639.42M | 793.81M | 744.23M | 754.78M | 649.5M | 704.86M | 622.07M | 623.2M | 569.25M | 509.05M | 491.14M |
| Accounts Payable | 642.18M | 598.66M | 559.67M | 404.46M | 369.11M | 314.12M | 347.07M | 348.27M | 316M | 293.73M | 358.6M | 368.72M | 412.5M | 326.82M | 378.48M | 311.4M | 333.6M | 288.8M | 229M | 182.88M |
| Days Payables Outstanding | 58.29 | 64.62 | 49.68 | 37.39 | 34.57 | 34.8 | 33.09 | 31.51 | 30.63 | 33.5 | 34.88 | 38.09 | 33.85 | 33.14 | 33.15 | 37.1 | 37.61 | 33.69 | 28.73 | 28.59 |
| Short-Term Debt | 117.65M | 121.69M | 117.53M | 109.11M | 103.28M | 95.22M | 93.05M | 85.05M | 74.03M | 67.39M | 55.65M | 38.54M | 37.17M | 39.71M | 38.9M | 39.47M | 40.84M | 40.78M | 49.18M | 51.59M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.77M | 19.34M | 3.42M | 3.86M | 976K | 1.55M | 1.67M | 4.55M | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 150.71M | 142.94M | 170.74M | 183.21M | 181.97M | 190.99M | 165.94M | 177.3M | 170.75M | 169.59M | 192.15M | 210.84M | 198.84M | 192.92M | 174.61M | 182.33M | 198.88M |
| Current Ratio | 2.21x | 1.22x | 1.32x | 1.16x | 1.20x | 1.27x | 1.23x | 1.35x | 1.48x | 1.49x | 1.34x | 1.44x | 1.42x | 1.47x | 1.41x | 1.35x | 1.22x | 1.11x | 1.32x | 1.36x |
| Quick Ratio | 1.97x | 0.96x | 1.05x | 0.91x | 0.91x | 0.97x | 0.97x | 1.07x | 1.16x | 1.17x | 1.08x | 1.17x | 1.16x | 1.14x | 1.15x | 1.09x | 1.00x | 0.87x | 1.09x | 1.12x |
| Cash Conversion Cycle | 18.07 | 8.39 | 27.54 | 32.41 | 35.9 | 41.59 | 37.43 | 40.21 | 42.7 | 44.26 | 39.68 | 36.58 | 31.99 | 33.6 | 32.23 | 32.42 | 31.3 | 39.31 | 50.4 | 52.77 |
| Total Non-Current Liabilities | 1.74B | 759.06M | 756.52M | 612.69M | 665.15M | 651M | 555.32M | 560.56M | 550.77M | 552.72M | 506.75M | 506.33M | 415.73M | 429.13M | 412.86M | 383.04M | 334.01M | 240.97M | 265.19M | 254.55M |
| Long-Term Debt | 1.27B | 496.59M | 253M | 160M | 210M | 190.5M | 123M | 147M | 166M | 140M | 223M | 288M | 210M | 217.43M | 252.68M | 252.94M | 211.19M | 121.44M | 121.13M | 105.22M |
| Capital Lease Obligations | 234.15M | 255.08M | 255.45M | 247.78M | 250.24M | 247.89M | 255.02M | 236.25M | 207.4M | 197.91M | 167.87M | 102.42M | 89.84M | 91.78M | 88.83M | 87.66M | 80.54M | 81.41M | 94.95M | 95.28M |
| Deferred Tax Liabilities | 162.91M | 195.6M | 180.88M | 137.73M | 137.73M | 137.73M | 102.29M | 102.29M | 102.34M | 102.34M | 1.04M | 1.07M | 1.04M | 1.04M | 563K | 563K | 563K | 563K | 765K | 764K |
| Other Non-Current Liabilities | 66.87M | -188.21M | 67.18M | 67.18M | 67.18M | 74.89M | 75.01M | 75.03M | 75.03M | 112.47M | 114.84M | 114.84M | 114.84M | 118.87M | 70.79M | 41.89M | 41.72M | 37.55M | 48.34M | 53.29M |
| Total Liabilities | 2.5B | 1.48B | 1.43B | 1.41B | 1.38B | 1.32B | 1.3B | 1.3B | 1.21B | 1.19B | 1.3B | 1.25B | 1.17B | 1.08B | 1.12B | 1.01B | 957.21M | 810.22M | 774.24M | 745.69M |
| Total Debt | 351.8M | 873.37M | 625.98M | 516.88M | 563.52M | 533.61M | 471.07M | 468.3M | 447.43M | 405.31M | 446.52M | 428.96M | 337.01M | 348.92M | 380.41M | 380.06M | 332.57M | 243.63M | 265.26M | 252.08M |
| Net Debt | -347.34M | 845.81M | 612.53M | 497.32M | 539.42M | 513.62M | 448.06M | 438.26M | 423.64M | 368.52M | 419.92M | 397.3M | 316.13M | 305.24M | 356.36M | 338.59M | 299.65M | 223.64M | 230.56M | 221.37M |
| Debt / Equity | 0.18x | 0.42x | 0.30x | 0.25x | 0.29x | 0.27x | 0.24x | 0.24x | 0.24x | 0.22x | 0.25x | 0.26x | 0.21x | 0.23x | 0.27x | 0.29x | 0.27x | 0.20x | 0.22x | 0.21x |
| Debt / EBITDA | 2.99x | 6.23x | 5.24x | 3.00x | 3.76x | 3.66x | 1.97x | 1.76x | 1.88x | 1.67x | 1.44x | 1.41x | 1.04x | 1.15x | 1.44x | 2.04x | 3.94x | 15.45x | 9.55x | 8.42x |
| Net Debt / EBITDA | -2.95x | 6.04x | 5.13x | 2.89x | 3.59x | 3.53x | 1.87x | 1.65x | 1.78x | 1.52x | 1.35x | 1.31x | 0.98x | 1.01x | 1.35x | 1.81x | 3.55x | 14.18x | 8.30x | 7.39x |
| Interest Coverage | 0.49x | 2.76x | 6.05x | 10.36x | 3.93x | 7.82x | 12.17x | 18.48x | 15.37x | 17.80x | 28.16x | 30.30x | 27.29x | 23.02x | 23.12x | 22.71x | -0.08x | -12.92x | -8.64x | -8.68x |
| Total Equity | 1.95B | 2.08B | 2.07B | 2.03B | 1.97B | 1.98B | 1.97B | 1.94B | 1.88B | 1.84B | 1.79B | 1.67B | 1.59B | 1.5B | 1.41B | 1.33B | 1.23B | 1.23B | 1.19B | 1.23B |
| Equity Growth % | -1.3% | 5.05% | 5.11% | 5.06% | 4.76% | 7.46% | 10.09% | 15.71% | 18.51% | 22.98% | 27.08% | 25.86% | 28.89% | 21.69% | 18.09% | 8.18% | -3.45% | -6.08% | 76.23% | 70.76% |
| Book Value per Share | 11.72 | 12.52 | 12.54 | 12.39 | 11.91 | 11.84 | 11.68 | 11.42 | 10.99 | 10.66 | 10.28 | 9.50 | 8.78 | 8.05 | 7.41 | 6.98 | 6.70 | 6.77 | 6.68 | 7.13 |
| Total Shareholders' Equity | 1.95B | 2.08B | 2.07B | 2.03B | 1.97B | 1.98B | 1.97B | 1.94B | 1.88B | 1.84B | 1.79B | 1.67B | 1.59B | 1.5B | 1.4B | 1.33B | 1.23B | 1.21B | 1.18B | 1.22B |
| Common Stock | 1.62M | 1.62M | 1.62M | 1.62M | 1.61M | 1.62M | 1.63M | 1.65M | 1.65M | 1.67M | 1.69M | 1.7M | 1.74M | 1.79M | 1.82M | 1.87M | 1.86M | 1.86M | 1.8M | 1.8M |
| Retained Earnings | 1.12B | 1.11B | 1.11B | 1.08B | 1.03B | 1.02B | 980.91M | 918.84M | 822.26M | 752.33M | 671.92M | 531.97M | 388.06M | 234.53M | 90.78M | -56.17M | -161.33M | -155.95M | -100.36M | -61.48M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -15.69M | -13.86M | -16.05M | -13.67M | -19.68M | -19.75M | -9.89M | -11.53M | -9.81M | -6.08M | -9.02M | -5.87M | -7.87M | -7.4M | -8.6M | -2.26M | 743K | -306K | 191K | 2.45M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91K | 0 | 0 | 2.29M | 2.7M | 2.45M | 2.4M | 17.2M | 12.15M | 12.62M |