Liberty Energy
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
3.583.904.634.17
Price/Sales ratio
0.400.400.430.43
Earnings per Share (EPS)
$3.01$2.76$2.33$2.59

Historical Multiples (2015 – 2023)

2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-127.19-19.036.9512.0710.74-5.46-9.027.385.608.639.69
Price/Sales ratio
2.533.070.780.700.400.900.680.710.650.680.54
Price/Book Value ratio
8.595.032.983.521.440.761.391.971.691.561.50
Price/Cash Flow ratio
188.34-28.316.004.343.0810.2812.465.563.073.253.71
Price/Free Cash Flow ratio
-35.60-8.05-10.0416.5112.20-48.25-26.6541.547.578.4510.32
Price/Earnings Growth ratio
N/A-0.03-0.01-0.18-2.870.010.20-0.020.110.12-1.53
Dividend Yield
N/AN/AN/A0.45%1.83%0.50%0.01%0.31%1.20%1.55%1.69%
Profitability Indicator Ratios
Gross Profit Margin
5.53%-5.68%17.54%18.61%10.23%-7.48%-1.69%16.32%20.57%16.17%14.42%
Operating Profit Margin
-0.78%-14.52%12.15%14.22%-2.97%-18.32%-7.33%2.35%16.01%10.98%5.62%
Pretax Profit Margin
-1.98%-16.15%11.30%13.42%4.46%-19.83%-7.19%9.62%15.47%10.44%8.94%
Net Profit Margin
-1.98%-16.15%11.30%5.86%3.76%-16.63%-7.56%9.63%11.71%8.01%4.81%
Effective Tax Rate
N/A-10.11%-40.85%13.95%15.80%16.11%-5.18%-0.19%24.28%23.25%14.87%
Return on Assets
-3.05%-13.40%19.77%11.31%5.83%-8.50%-9.16%15.51%18.33%10.89%8.57%
Return On Equity
-6.75%-26.44%42.90%29.17%13.49%-13.96%-15.41%26.72%30.21%18.68%21.33%
Return on Capital Employed
-1.60%-17.00%28.67%34.18%-5.81%-11.54%-12.31%5.08%31.76%19.34%14.18%
Liquidity Ratios
Current Ratio
N/AN/A1.592.091.831.59N/AN/AN/A1.231.71
Quick Ratio
1.201.101.341.821.501.250.871.141.170.961.38
Cash ratio
-0.070.080.070.470.420.190.030.060.050.030.30
Days of Sales Outstanding
70.38125.2063.4041.9946.37118.6560.1951.5545.1648.7644.18
Days of Inventory outstanding
13.9625.9316.4912.4918.0941.6919.5522.5419.9219.3415.29
Operating Cycle
84.34151.1479.8954.4864.47160.3479.7474.0965.0868.1159.47
Days of Payables Outstanding
24.2639.4919.8616.7524.0267.9841.9534.3528.4333.9820.38
Cash Conversion Cycle
60.07111.6460.0337.7340.4492.3637.7939.7336.6534.1266.40
Debt Ratios
Debt Ratio
0.350.220.230.090.080.070.060.080.040.060.08
Debt Equity Ratio
0.780.450.490.240.190.130.100.140.070.100.16
Long-term Debt to Capitalization
0.390.280.330.190.160.080.090.120.070.050.12
Total Debt to Capitalization
0.430.310.330.190.160.110.090.120.070.090.13
Interest Coverage Ratio
N/AN/A14.3417.626.77-10.78N/AN/AN/A15.6012.20
Cash Flow to Debt Ratio
0.05-0.390.993.292.450.571.102.427.244.382.87
Company Equity Multiplier
2.211.972.162.572.311.641.681.721.641.661.97
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.01-0.100.130.160.130.080.050.120.210.210.14
Free Cash Flow / Operating Cash Flow Ratio
-5.293.51-0.590.260.25-0.21-0.460.130.400.380.25
Cash Flow Coverage Ratio
0.05-0.390.993.292.450.571.102.427.244.382.87
Short Term Coverage Ratio
0.35-3.1917.73K912.35638.381.92134.52519.96N/A10.17320.15
Dividend Payout Ratio
N/AN/AN/A5.46%19.73%-2.75%-0.08%2.29%6.77%13.17%16.45%