Liberty Energy Inc. (LBRT)

Liberty Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	147.87	316.01	556.32	399.6	-179.24
Depreciation & Amortization	500.33	505.05	421.51	323.03	262.76
Loss (Gain) From Sale of Assets	16.69	-5.34	-6.99	-4.6	0.78
Loss (Gain) From Sale of Investments	-162.64	-49.23	-	-2.53	-
Loss (Gain) on Equity Investments	5.2	3.97	-	-	-
Stock-Based Compensation	41.92	32.41	33.03	23.11	19.95
Other Operating Activities	57.86	35.9	122.39	69.69	-15.68
Change in Accounts Receivable	-65.6	59.46	-0.24	-192.13	-90.14
Change in Inventory	12.02	0.07	-0.11	-84.99	-24.61
Change in Accounts Payable	97.55	-40.74	-45.13	55.34	167.91
Change in Other Net Operating Assets	-41.61	-28.2	-66.18	-56.16	-6.25
Operating Cash Flow	609.6	829.37	1,015	530.36	135.47
Operating Cash Flow Growth	-26.50%	-18.25%	91.30%	291.51%	58.58%
Capital Expenditures	-595.49	-651.03	-603.3	-451.91	-198.79
Sale of Property, Plant & Equipment	24.69	23.98	26.91	23.66	25.41
Cash Acquisitions	-15.21	-	-75.66	-	-
Investment in Securities	150.97	-16.06	-20.28	-22.42	-13.11
Investing Cash Flow	-435.04	-643.11	-672.33	-450.66	-186.49
Long-Term Debt Issued	1,667	2,238	1,153	713	274
Total Debt Issued	1,667	2,238	1,153	713	274
Long-Term Debt Repaid	-1,691	-2,238	-1,250	-624.7	-265.11
Net Debt Issued (Repaid)	-24.71	0.2	-97.11	88.3	8.89
Repurchase of Common Stock	-41.92	-149.4	-212.73	-135.03	-3.59
Common Dividends Paid	-54.48	-48.31	-37.68	-9.16	-0.17
Other Financing Activities	-46.45	-5.19	-1.79	0.12	-3.08
Financing Cash Flow	-167.55	-202.71	-349.32	-55.77	2.06
Foreign Exchange Rate Adjustments	0.55	-0.36	0.17	-0.26	-0.01
Net Cash Flow	7.57	-16.8	-6.89	23.68	-48.98
Free Cash Flow	14.11	178.34	411.29	78.46	-63.33
Free Cash Flow Growth	-92.09%	-56.64%	424.20%	-	-
Free Cash Flow Margin	0.35%	4.13%	8.66%	1.89%	-2.56%
Free Cash Flow Per Share	0.09	1.05	2.33	0.41	-0.36
Cash Interest Paid	39.73	33.08	26.65	20.31	13.27
Cash Income Tax Paid	11.05	35.86	66.69	10.74	-9.48
Levered Free Cash Flow	-10.18	194.28	262.85	-30.56	75.36
Unlevered Free Cash Flow	15.01	214.72	281.28	-16.36	85.12
Change in Working Capital	2.36	-9.41	-111.67	-277.94	46.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q