Liberty Oilfield Services Inc (LBRT)

Working capital turnover

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Revenue (ttm) US$ in thousands 3,910,952 4,102,135 4,219,495 4,315,154 4,446,540 4,523,860 4,558,970 4,747,930 4,898,560 4,870,910 4,618,539 4,149,229 3,607,374 3,072,851 2,711,520 2,470,782 2,044,633 1,538,401 1,045,475 965,787
Total current assets US$ in thousands 894,408 921,377 858,510 848,523 922,520 1,002,310 978,008 954,254 1,067,620 1,073,920 1,070,190 956,673 996,061 840,924 761,561 630,377 671,565 668,691 583,223 567,133
Total current liabilities US$ in thousands 677,203 793,378 716,559 666,523 748,571 743,897 662,365 639,424 793,809 744,230 754,777 649,497 704,857 622,072 623,200 569,247 509,052 491,144 393,549 356,146
Working capital turnover 18.01 32.05 29.73 23.71 25.56 17.51 14.44 15.08 17.89 14.77 14.64 13.51 12.39 14.04 19.60 40.42 12.58 8.66 5.51 4.58

September 30, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,910,952K ÷ ($894,408K – $677,203K)
= 18.01


Peer comparison

Sep 30, 2025

Company name
Symbol
Working capital turnover
Liberty Oilfield Services Inc
LBRT
18.01
Baker Hughes Co
BKR
5.60
Halliburton Company
HAL
3.82
Schlumberger NV
SLB
7.45
TechnipFMC PLC
FTI
17.85