Why did Liberty Energy (LBRT) stock move recently?

On 7/23/2026, Liberty Energy moved -22.0% — Liberty Energy reported Q2 2026 results after the close on July 22 that beat revenue and EPS estimates but showed YoY declines in net income and Adjusted EBITDA; the sharp drop followed mixed results and earnings call commentary on near-term pressure in the core frac/completions business despite the new PowerBridge data center JV. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Liberty Energy (LBRT) overvalued or fairly valued?

MarketChacha shows Liberty Energy's valuation in context — a trailing P/E of about 18.5, a forward P/E of about 61.9, a price-to-book of about 1.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Liberty Energy's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.40×) from reported figures — education, not a rating.

What is Liberty Energy's revenue?

Liberty Energy reported revenue of $4.0B for FY2025, with net profit of $147.9M, per official filings.

What is the share price of Liberty Energy (LBRT)?

Liberty Energy last traded at $20.13 (-5.4% on the day), as of 8/19/2026 — a delayed quote shown for education, not investment advice.

Liberty Energy

LBRT · NYSE · Energy · United States

Snapshot

TickerLBRT

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUnited States

Employees5,800

HeadquartersDenver, United States

Websitewww.libertyenergy.com

Filings tracked18

About Liberty Energy

Liberty Energy Inc.,an integrated energy services and technology company, provides hydraulic fracturing services and related technologies onshore oil, natural gas, and enhanced geothermal exploration and production companies in North America. It offers wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and proppant handling equipment and logistics software. As of as of December 31, 2025, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin. It also provides services primarily in the Permian Basin, the Williston Basin, the Haynesville Shale, the Eagle Ford Shale, the Denver-Julesburg Basin, the Western Canadian Sedimentary Basin, the Powder River Basin, and the Appalachian Basin, as well as in the Anadarko Basin, the Uinta Basin, the San Juan Basin, and the Beetaloo Basin. The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado.

Who owns it

Insiders2.0%
Institutions98.0%
Public & other0.0%

520 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.16.88%
Vanguard Portfolio Management LLC6.84%
Dimensional Fund Advisors LP5.77%
State Street Corporation4.33%
Vanguard Capital Management LLC4.33%
American Century Companies Inc4.24%
Geode Capital Management, LLC2.82%
Franklin Resources, Inc.2.59%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 8.0 points over the period — profitability is trending down.

Cash conversion2.40×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend11.7% → 3.7%

Margin has compressed by about 8.0 points over the period — profitability is trending down.

Return on equity30.2%

Latest ROE of 30.2% — capital is generating a healthy return.

Growth qualityrev -8% · PAT -48%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.2B · EPS 0.01

Est. earnings growth -74.3%

Next fiscal year

Rev $5.0B · EPS 0.32

Est. earnings growth +28.3%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$4.0B

Net margin

3.7%

Revenue CAGR (2y)

-8.1%

Profit CAGR (2y)

-48.4%

EPS (FY2025)

0.89

Net profit (FY2025)

$147.9M

Ask MarketChacha about LBRT

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 23, 2026
Liberty Energy reported Q2 2026 results after the close on July 22 that beat revenue and EPS estimates but showed YoY declines in net income and Adjusted EBITDA; the sharp drop followed mixed results and earnings call commentary on near-term pressure in the core frac/completions business despite the new PowerBridge data center JV.
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about LBRT

Liberty Energy (LBRT) beat Q2 — so why did it crash ~22%?c/usmarkets · 7/24/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$4.0B	$147.9M	0.89	3.7%	—
FY2024	$4.3B	$316.0M	1.87	7.3%	—
FY2023	$4.7B	$556.3M	3.15	11.7%	30.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$1.2B	$43.1M	0.26	3.6%
2026Q1	$1.0B	$22.6M	0.14	2.2%
2025Q3	$947.4M	$43.1M	0.26	4.5%
2025Q2	$1.0B	$71.0M	0.43	6.8%
2025Q1	$977.5M	$20.1M	0.12	2.1%
2024Q3	$1.1B	$73.8M	0.44	6.5%
2024Q2	$1.2B	$108.4M	0.64	9.3%
2024Q1	$1.1B	$81.9M	0.48	7.6%
2023Q3	$1.2B	$148.6M	0.85	12.2%
2023Q2	$1.2B	$152.7M	0.87	12.8%
2023Q1	$1.3B	$162.7M	0.90	12.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/23/2026
8-K — Results of operations, Exhibits
SEC7/23/2026material
8-K — Material agreement
SEC6/25/2026material
8-K — Material agreement
SEC5/7/2026material
8-K — Results of operations, Exhibits
SEC4/23/2026material
10-Q filing
SEC4/23/2026
8-K — Shareholder vote results
SEC4/17/2026material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Other events, Exhibits
SEC3/30/2026material
8-K — Reg FD disclosure
SEC3/23/2026material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Other events, Exhibits
SEC2/6/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC2/3/2026material
10-K filing
SEC2/2/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

8-K — Results of operations, Exhibits
SEC10/17/2025material
10-Q filing
SEC10/17/2025
8-K — Executive/director change
SEC8/28/2025material
8-K — Results of operations, Exhibits
SEC7/25/2025material
10-Q filing
SEC7/25/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.