Liberty Oilfield Services Inc (LBRT)
Net profit margin
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 316,010 | 356,500 | 431,304 | 475,554 | 556,317 | 616,803 | 615,148 | 567,633 | 399,602 | 191,144 | 5,301 | -150,415 | -179,244 | -160,685 | -156,297 | -151,508 | -115,583 | -90,701 | -45,201 | 22,602 |
| Revenue (ttm) | US$ in thousands | 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 | 1,106,172 | 1,473,756 | 1,927,541 |
| Net profit margin | 7.32% | 8.02% | 9.53% | 10.43% | 11.72% | 12.59% | 12.63% | 12.29% | 9.63% | 5.30% | 0.17% | -5.55% | -7.25% | -7.86% | -10.16% | -14.49% | -11.97% | -8.20% | -3.07% | 1.17% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $316,010K ÷ $4,315,154K
= 7.32%
The net profit margin of Liberty Oilfield Services Inc has shown a fluctuating trend over the periods provided. Starting from negative margins in mid-2020, the company's performance improved gradually, reaching positive margins by mid-2022. The margins continued to increase consistently, peaking at 12.63% in June 2023 before slightly declining in the subsequent periods. Overall, the company displayed a significant improvement in profitability over the analyzed period, indicating better cost control and operational efficiency. However, the slight decline observed towards the end of the period suggests the need for continued monitoring and management of expenses to sustain and enhance profitability levels in the future.
Peer comparison
Dec 31, 2024