Liberty Oilfield Services Inc (LBRT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 403,271 | 734,799 | 398,802 | -170,028 | -146,440 |
| Revenue | US$ in thousands | 4,315,160 | 4,747,930 | 4,149,230 | 2,470,780 | 965,787 |
| Pretax margin | 9.35% | 15.48% | 9.61% | -6.88% | -15.16% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $403,271K ÷ $4,315,160K
= 9.35%
The pretax margin of Liberty Oilfield Services Inc has exhibited a significant improvement from -15.16% in December 2020 to 15.48% in December 2023. This indicates a positive trend in the company's ability to generate profits before accounting for income taxes. The pretax margin saw a slight decrease in December 2024 to 9.35%, but it still remains at a healthy level. Overall, the company has shown an impressive turnaround in its profitability performance over the analyzed period.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Liberty Oilfield Services Inc
LBRT
9.35%
Core Laboratories NV
CLB
8.69%
Halliburton Company
HAL
14.03%
Helix Energy Solutions Group Inc
HLX
0.58%
Oceaneering International Inc
OII
8.45%
ProPetro Holding Corp
PUMP
7.11%
RPC Inc
RES
15.74%
Schlumberger NV
SLB
15.30%