Liberty Oilfield Services Inc (LBRT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 19.60% | 21.31% | 22.63% | 23.43% | 24.39% | 24.65% | 23.92% | 22.72% | 19.63% | 15.07% | 10.03% | 5.58% | 3.75% | 3.95% | 2.66% | -1.70% | 0.32% | 2.66% | 7.39% | 11.85% |
| Operating profit margin | 9.03% | 10.98% | 12.96% | 14.28% | 16.02% | 17.05% | 16.69% | 15.53% | 11.95% | 6.49% | 0.37% | -4.98% | -7.33% | -8.42% | -12.22% | -21.57% | -18.33% | -12.75% | -4.00% | 3.41% |
| Pretax margin | 9.35% | 10.45% | 12.53% | 13.73% | 15.48% | 15.60% | 14.68% | 13.43% | 9.61% | 5.39% | 0.23% | -4.91% | -6.88% | -7.88% | -10.88% | -18.18% | -15.16% | -10.38% | -3.76% | 1.60% |
| 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% |
Liberty Oilfield Services Inc has shown a positive trend in its profitability ratios over the quarters analyzed. The gross profit margin has steadily increased from 11.85% in March 2020 to 19.60% in December 2024. This indicates improving efficiency in generating revenue after accounting for the cost of goods sold.
Similarly, the operating profit margin has shown a significant recovery from negative percentages in mid-2020 to 9.03% in December 2024. This demonstrates the company's ability to control operating expenses and achieve profitability from its core operations.
The pretax margin also reflects a positive trajectory, fluctuating from negative figures in early 2020 to 9.35% in December 2024. This suggests improved overall financial performance before considering taxes.
The net profit margin, measuring the company's bottom-line profitability, has shown a similar improvement, moving from negative margins in 2020 to 7.32% in December 2024. This indicates that Liberty Oilfield Services Inc has been able to enhance its profitability after accounting for all expenses, including taxes and interest.
Overall, the company has exhibited consistent progress in its profitability ratios, reflecting enhanced operational efficiency and financial performance over the analyzed periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.81% | 14.92% | 18.09% | 21.01% | 25.07% | 27.04% | 27.80% | 25.98% | 19.25% | 9.27% | 0.49% | -6.17% | -8.88% | -8.76% | -9.52% | -11.77% | -9.37% | -13.32% | -5.61% | 5.06% |
| Return on assets (ROA) | 9.59% | 10.89% | 13.31% | 15.35% | 18.34% | 19.97% | 21.03% | 20.56% | 15.51% | 7.57% | 0.23% | -6.87% | -8.78% | -8.17% | -7.91% | -7.90% | -6.12% | -8.57% | -4.30% | 1.74% |
| Return on total capital | 17.95% | 23.34% | 28.13% | 31.74% | 38.38% | 41.52% | 41.44% | 39.84% | 28.96% | 14.12% | 0.73% | -9.36% | -13.25% | -12.04% | -11.94% | -13.39% | -10.50% | -16.45% | -6.47% | 6.80% |
| Return on equity (ROE) | 15.97% | 18.11% | 22.27% | 25.24% | 30.21% | 34.49% | 36.75% | 35.70% | 26.73% | 13.61% | 0.40% | -12.22% | -14.77% | -13.62% | -12.84% | -12.58% | -10.05% | -17.87% | -8.50% | 4.07% |
Liberty Oilfield Services Inc's profitability ratios exhibit fluctuating trends over the periods analyzed. The Operating Return on Assets (Operating ROA) improved gradually from negative values in June 2020 to reach a peak of 27.80% by June 2023, showcasing a significant turnaround in operational efficiency. Similarly, the Return on Assets (ROA) and Return on Total Capital ratio also demonstrated an increasing pattern, reflecting enhanced utilization of assets and capital to generate profits.
The Return on Equity (ROE) metric showcases a similar trend of improvement, starting from negative values in June 2020 and steadily climbing to 36.75% by June 2023, indicating effective management in increasing shareholders' returns.
Overall, the profitability ratios of Liberty Oilfield Services Inc reveal a positive trajectory, suggesting improved operational performance and efficient utilization of assets and capital to drive profitability and enhance shareholder value over time.