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Income Statement
Balance Sheet
Cash Flow Statement

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Op Efficiency
Credit Analysis

Liberty Energy Inc. (LBRT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K
Revenue:         
Revenue  2,470.8965.81,990.32,155.11,489.9374.8455.4
            Revenue growth  155.8%-51.5%-7.6%44.7%297.5%-17.7% 
Revenue—related parties  23.6 18.323.124.717.9 
    Total revenue  2,470.8965.81,990.32,155.11,489.9374.8455.4
            Total revenue growth  155.8%-51.5%-7.6%44.7%297.5%-17.7% 
Operating costs and expenses:         
Cost of services  2,249.9858.01,621.21,628.81,147.0354.7 
General and administrative  123.484.197.698.480.135.828.8
Depreciation, depletion, and amortization  262.8180.1165.4125.181.541.436.4
(Gain) loss on disposal of assets  0.8-0.42.6-4.30.1-2.70.4
    Total operating costs and expenses  2,652.01,142.81,886.71,848.61,308.7429.2459.0
    Operating income (loss)  -181.2-177.0103.6306.6181.1-54.4-3.6
            Operating margin  -7.3%-18.3%5.2%14.2%12.2%-14.5%-0.8%
   
Other expense:         
Interest expense, net  15.614.816.517.1   
    Net income (loss) before income taxes  -177.8-191.588.9289.4168.5-60.6-9.1
Income tax expense  9.2-30.914.140.4   
    Net income (loss)  -177.8-191.588.9289.4168.5-60.6-9.1
Less: Net income (loss) attributable to non-controlling interests  -7.8-45.135.9114.0   
    Net income (loss) attributable to Liberty Energy Inc. stockholders  -179.2-115.639.0126.3   
   
Net income (loss) attributable to Liberty Energy Inc. stockholders per common share:         
Basic (in dollars per share)  ($1.03)($1.36)$0.54$1.84   
Diluted (in dollars per share)  ($1.03)($1.36)$0.53$1.81   
   
Weighted average common shares outstanding:         
Basic (in shares)  174.085.272.368.8 65.4 
Diluted (in shares)  174.085.2105.3117.8 65.4 

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