Liberty Oilfield Services Inc (LBRT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 389,468 | 760,579 | 495,890 | -181,224 | -177,026 |
| Revenue | US$ in thousands | 4,315,160 | 4,747,930 | 4,149,230 | 2,470,780 | 965,787 |
| Operating profit margin | 9.03% | 16.02% | 11.95% | -7.33% | -18.33% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $389,468K ÷ $4,315,160K
= 9.03%
Liberty Oilfield Services Inc's operating profit margin has shown notable fluctuations over the past few years. Starting at a negative figure of -18.33% on December 31, 2020, the company was struggling to generate profits from its core operations. However, by December 31, 2023, the operating profit margin had significantly improved to 16.02%, indicating a strong performance in managing its operating expenses and increasing revenue.
However, in the subsequent year, by December 31, 2024, the operating profit margin decreased to 9.03%, suggesting a slight decline in profitability despite the positive trend seen in the preceding years. Overall, the company has shown a mixed trend in operating profit margin, with periods of both significant improvement and slight decline. It is important for Liberty Oilfield Services Inc to continue monitoring its operating efficiency and profitability to ensure sustainable performance in the future.
Peer comparison
Dec 31, 2024