← Liberty Energy Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $0 | $126.3m |
$39.0m
-69.13%
|
($115.6m)
-396.34%
|
($179.2m)
-55.08%
|
$399.6m
+322.94%
|
$556.3m
+39.22%
|
$316.0m
-43.20%
|
$147.9m
-53.21%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $168.5m | $249.0m | $74.9m | ($160.7m) | ($187.0m) | $400.3m | $556.4m | $316.0m | $147.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $114.0m | $35.9m | ($45.1m) | ($7.8m) | $700k | $91k | $0 | $0 | — | |
| Depreciation, Depletion and Amortization | $81.5m | $125.1m | $165.4m | $180.1m | $262.8m | $323.0m | $421.5m | $505.1m | $500.3m | $471.5m | |
| Amortization of Debt Issuance Costs | $2.3m | $4.0m | $2.2m | $2.2m | $2.0m | ($708k) | ($1.6m) | $0 | ($5.7m) | — | |
| Depreciation | $81.5m | $124.9m | $153.6m | $169.9m | $243.0m | $302.3m | $387.8m | $448.1m | $428.3m | $471.5m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $323.0m | $421.5m | $505.1m | $500.3m | $471.5m | |
| Deferred Income Tax Expense (Benefit) | $0 | $20.5m | $23.4m | ($25.5m) | $5.1m | ($12.5m) | $120.3m | $33.8m | $54.8m | $72.2m | |
| Deferred Income Tax | — | — | — | — | — | $63.7m | $118.5m | $37.1m | $54.6m | $72.2m | |
| Deferred Tax | — | — | — | — | — | $63.7m | $118.5m | $37.1m | $54.6m | $72.2m | |
| Share-based Payment Arrangement, Noncash Expense | — | $5.5m | $13.6m | $17.1m | $19.9m | $23.1m | $33.0m | $32.4m | $41.9m | $33.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $1.0m | $988k | $3.6m | $9.7m | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $0 | — | |
| Asset Impairment Charge | — | — | — | — | $0 | $1.7m | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | — | $3.4m | ($96.4m) | ($25.7m) | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $13.8m | $122.5m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | $0 | $0 | $4.0m | $5.2m | $4.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Change In Working Capital | — | — | — | — | — | ($277.9m) | ($111.7m) | ($9.4m) | $2.4m | ($179.0m) | |
| Increase (Decrease) in Accounts Receivable | $133.7m | ($23.1m) | $11.5m | ($53.1m) | $90.1m | $166.6m | ($19.6m) | ($18.2m) | $69.8m | ($165.9m) | |
| Change In Receivables | — | — | — | — | — | ($192.1m) | ($243k) | $59.5m | ($65.6m) | ($165.9m) | |
| Changes In Account Receivables | — | — | — | — | — | ($192.1m) | ($243k) | $59.5m | ($65.6m) | ($165.9m) | |
| Increase (Decrease) in Inventories | $27.6m | $4.6m | $30.5m | ($2.1m) | $24.6m | $85.0m | $114k | ($66k) | ($12.0m) | $13.5m | |
| Inventory Write-down | $259k | $3.4m | $2.0m | $1.1m | $0 | $1.7m | $5.8m | $1.0m | $3.8m | — | |
| Change In Inventory | — | — | — | — | — | ($85.0m) | ($114k) | $66k | $12.0m | $13.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | $55.3m | ($45.1m) | ($40.7m) | $97.5m | ($14.2m) | |
| Change In Other Current Assets | — | — | — | — | ($31.0m) | ($56.2m) | ($66.2m) | — | — | ($63.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $195.1m |
$351.3m
+80.03%
|
$261.1m
-25.67%
|
$85.4m
-67.28%
|
$135.5m
+58.58%
|
$530.4m
+291.51%
|
$1.0b
+91.30%
|
$829.4m
-18.25%
|
$609.6m
-26.50%
|
$388.3m
-36.30%
|
|
| Cash flows from investing activities: | |||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | $900k | $0 | $0 | — | — | ($135.1m) | |
| Capital Expenditure | — | — | — | — | — | ($459.3m) | ($603.3m) | ($651.0m) | ($595.5m) | ($704.9m) | |
| Gain (Loss) on Investments | — | — | — | — | — | $2.5m | $0 | — | $162.6m | ($135.3m) | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $16.1m | — | ($9.7m) | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | $49.2m | — | ($129.6m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $75.7m | $0 | $15.2m | $0 | |
| Net Other Investing Changes | — | — | — | — | — | $23.7m | $26.9m | $24.0m | $24.7m | $34.1m | |
| Net Cash Provided by (Used in) Investing Activities | ($310.0m) | ($255.5m) | ($194.3m) | ($100.3m) | ($186.5m) | ($450.7m) | ($672.3m) | ($643.1m) | ($435.0m) | ($610.4m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | $713.0m | $1.2b | $2.2b | $1.7b | $741.7m | |
| Long Term Debt Issuance | — | — | — | — | $274.0m | — | $0 | $0 | $16.7m | $741.7m | |
| Long Term Debt Payments | — | — | — | — | — | ($8.7m) | ($122.1m) | ($50.3m) | ($80.9m) | $291.0m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $88.3m | ($97.1m) | $198k | ($24.7m) | $1.1b | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($8.7m) | ($122.1m) | ($50.3m) | ($64.2m) | $1.0b | |
| Net Short Term Debt Issuance | — | — | — | — | — | $97.0m | $25.0m | $50.5m | $39.5m | $39.5m | |
| Repayment Of Debt | — | — | — | — | — | ($624.7m) | ($1.3b) | ($2.2b) | ($1.7b) | $291.0m | |
| Short Term Debt Issuance | — | — | — | — | — | $713.0m | $1.2b | $2.2b | $1.6b | $1.6b | |
| Short Term Debt Payments | — | — | — | — | — | ($616.0m) | ($1.1b) | ($2.2b) | ($1.6b) | ($1.6b) | |
| Payments for Repurchase of Common Stock | $0 | $82.9m | $18.4m | $0 | $0 | $125.3m | $203.1m | $129.2m | $24.9m | — | |
| Proceeds from Issuance of Common Stock | $0 | $230.2m | $0 | $0 | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | ($9.2m) | ($37.7m) | ($48.3m) | ($54.5m) | ($57.9m) | |
| Common Stock Payments | — | — | — | — | — | ($125.3m) | ($203.1m) | ($129.2m) | ($24.9m) | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | ($125.3m) | ($203.1m) | ($129.2m) | ($24.9m) | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($125.3m) | ($203.1m) | ($129.2m) | ($24.9m) | $0 | |
| Dividends paid | $0 | $11.6m | $14.8m | $4.4m | $168k | $9.2m | $37.7m | $48.3m | $54.5m | ($57.9m) | |
| Cash Dividends Paid | — | — | — | — | — | ($9.2m) | ($37.7m) | ($48.3m) | ($54.5m) | ($57.9m) | |
| Net Other Financing Charges | — | — | — | — | — | ($9.6m) | ($11.4m) | ($25.3m) | ($63.5m) | ($255.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $119.8m |
($8.8m)
-107.33%
|
($57.4m)
-553.85%
|
($28.9m)
+49.69%
|
$2.1m
+107.12%
|
($55.8m)
-2812.55%
|
($349.3m)
-526.35%
|
($202.7m)
+41.97%
|
($167.5m)
+17.35%
|
$758.6m
+552.76%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4.8m | $87.0m | $9.4m | ($43.7m) | ($49.0m) | $23.9m | ($7.1m) | ($16.4m) | $7.0m | $556.1m | |
| Beginning Cash Position | — | — | — | — | — | $20.0m | $43.7m | $36.8m | $20.0m | $19.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $112.7m | $69.0m | $20.0m | $43.7m | $36.8m | $20.0m | $27.6m | $556.1m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | ($9k) | ($260k) | $168k | ($356k) | $554k | ($772k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | ($260k) | $168k | ($356k) | $554k | ($772k) | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Gain (Loss) on Disposition of Assets | ($148k) | $4.3m | ($2.6m) | $411k | ($779k) | $4.6m | $7.0m | $5.3m | ($16.7m) | — | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $9.8m | $14.0m | $12.6m | $11.2m | $13.3m | $20.3m | $26.7m | $33.1m | $39.7m | — | |
| Income Taxes Paid, Net | $0 | $27.3m | $1.0m | ($9.7m) | ($9.5m) | $10.7m | $66.7m | $35.9m | $11.1m | — | |
| Additional Financial Items | |||||||||||
| Gain (Loss) on Sale of Properties | — | — | — | — | — | ($1.0m) | $0 | — | $0 | — | |
| General and Administrative Expense | $80.1m | $99.1m | $97.6m | $84.1m | $123.4m | $180.0m | $221.4m | $225.5m | $247.4m | — | |
| Income Tax Expense (Benefit) | $0 | $40.4m | $14.1m | ($30.9m) | $9.2m | ($793k) | $178.5m | $87.3m | $47.3m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | $32.7m | $40.3m | — | |
| Operating Lease, Expense | — | — | $40.9m | $40.9m | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | $3.2m | $25.5m | $36.6m | $39.0m | $46.1m | — | |
| Proceeds from Contributions from Parent | $0 | $0 | — | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $0 | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | $1.5b | $2.1b | $2.0b | $965.8m | $2.4b | $4.0b | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | ($55.8m) | ($349.3m) | ($202.7m) | ($167.5m) | $758.6m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($450.7m) | ($672.3m) | ($643.1m) | ($435.0m) | ($610.4m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $23.9m | ($7.1m) | ($16.4m) | $7.0m | — | |
| Change In Other Working Capital | — | — | — | — | $3.5m | ($593k) | — | — | — | — | |
| Change In Prepaid Assets | — | — | — | — | — | ($56.2m) | ($66.2m) | ($28.2m) | ($41.6m) | ($12.4m) | |
| Changes In Cash | — | — | — | — | — | $23.9m | ($7.1m) | ($16.4m) | $7.0m | $536.6m | |
| End Cash Position | — | — | — | — | — | $43.7m | $36.8m | $20.0m | $27.6m | $556.1m | |
| Financing Cash Flow | — | — | — | — | — | ($55.8m) |
($349.3m)
-526.35%
|
($202.7m)
+41.97%
|
($167.5m)
+17.35%
|
$758.6m
+552.76%
|
|
| Free Cash Flow | — | — | — | — | — | $71.0m | $411.3m | $178.3m | $14.1m | ($316.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($2.5m) | $0 | ($49.2m) | ($162.6m) | ($135.3m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | $779k | ($4.6m) | ($7.0m) | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | ($450.7m) | ($672.3m) | ($643.1m) | ($435.0m) | ($610.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $0 | ($75.7m) | $0 | ($15.2m) | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($15.0m) | ($20.3m) | ($16.1m) | $151.0m | $60.4m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($459.3m) | ($603.3m) | ($651.0m) | ($595.5m) | ($704.9m) | |
| Operating Gains Losses | — | — | — | — | — | ($4.6m) | ($7.0m) | ($50.6m) | ($140.7m) | ($135.1m) | |
| Other Non Cash Items | — | — | — | — | — | $5.3m | $3.8m | ($1.1m) | $3.2m | — | |
| Provisionand Write Offof Assets | — | — | — | — | $745k | $0 | — | — | — | $0 | |
| Purchase Of Business | — | — | — | — | — | $0 | ($75.7m) | $0 | ($15.2m) | $0 | |
| Purchase Of Investment | — | — | — | — | — | ($15.0m) | ($20.3m) | ($16.1m) | $0 | ($9.7m) | |
| Purchase Of PPE | — | $258.8m | $195.2m | $103.6m | $198.8m | ($459.3m) | ($603.3m) | ($651.0m) | ($595.5m) | ($704.9m) | |
| Sale Of Investment | — | — | — | — | — | — | $0 | $0 | $151.0m | $70.1m | |
| Stock Based Compensation | — | — | — | — | — | $23.1m | $33.0m | $32.4m | $41.9m | $33.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.