Liberty Oilfield Services Inc (LBRT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 316,010 | 556,317 | 399,602 | -179,244 | -115,583 |
| Revenue | US$ in thousands | 4,315,160 | 4,747,930 | 4,149,230 | 2,470,780 | 965,787 |
| Net profit margin | 7.32% | 11.72% | 9.63% | -7.25% | -11.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $316,010K ÷ $4,315,160K
= 7.32%
The net profit margin of Liberty Oilfield Services Inc has displayed a fluctuating trend over the last five years. Starting at a negative level of -11.97% on December 31, 2020, the company improved its profitability to reach -7.25% by December 31, 2021. Subsequently, there was a significant positive shift, with the net profit margin increasing to 9.63% by December 31, 2022, and further improving to 11.72% by December 31, 2023. However, there was a slight decline in profitability as the net profit margin dropped to 7.32% by December 31, 2024. Overall, despite the fluctuations, the company has managed to enhance its profitability over the years, showcasing an ability to generate more profit from its revenue.
Peer comparison
Dec 31, 2024