Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. It also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services, as well wireline services, proppant delivery solutions, data analytics, related goods and technologies. In addition, the company owns operates two sand mines in the Permian Basin. As of December 31, 2021, it had a total of approximately 30 active frac fleets. The company offers its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River 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.
Revenue of Liberty Energy Inc. (LBRT)
Revenue in 2023 (TTM): $4.75 B
According to Liberty Energy Inc.'s latest financial reports the company's current revenue (TTM) is $4.75 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Liberty Energy Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.75 B | $977.04 M | $1.19 B | $734.89 M | $556.32 M |
| 2022 | $4.15 B | $677.16 M | $748.99 M | $399.51 M | $399.6 M |
| 2021 | $2.47 B | $-41,901,000 | $100.57 M | $-177,788,000 | $-187,004,000 |
| 2020 | $965.79 M | $-72,278,000 | $3.32 M | $-191,531,000 | $-160,674,000 |
| 2019 | $1.99 B | $203.79 M | $274.97 M | $88.92 M | $74.86 M |
| 2018 | $2.16 B | $401.27 M | $427.96 M | $289.42 M | $126.35 M |
| 2017 | $1.49 B | $261.37 M | $262.61 M | $168.5 M | $168.5 M |
| 2016 | $374.77 M | $-21,318,000 | $-13,072,000 | $-60,560,000 | $-60,560,000 |
| 2015 | $455.4 M | $25.21 M | $32.88 M | $-9,061,000 | $-9,061,000 |