| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 42 | 28.2x | 17.8x | Around median | |
Growth | 19 | 2.3% | 7.1% | Bottom tier | |
Quality | 20 | 0.7% | 4.5% | Bottom tier | |
Safety | 55 | 1.1x | 2.6x | Around median | |
Capital Return | 28 | 1.67% | 2.12% | Bottom tier | |
Momentum | 39 | 86.7% | 2.9% | Bottom tier | |
Sentiment | 74 | 6 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Liberty Energy Inc. provides oil and gas well completion services in North America, including hydraulic fracturing fleets, sand and chemical transportation, DigiPrime technologies, and AI-powered fuel optimization systems such as Forge. The company generates revenue from operating equipment, providing services, and selling products to customers, while expanding into distributed power generation and energy management through the LPI platform, data center projects, and large-load projects.
In Q2 FY2026, revenue reached $1.2 billion, up 16% sequentially from $1.0 billion in Q1 FY2026, driven by record fleet utilization, modest pricing improvement, and higher product sales. Gross profit was $208.3 million, representing a gross margin of approximately 17.4%, and net income rose to $43.1 million from $22.6 million, while earnings per share increased to $0.26 from $0.14. The company reported adjusted EBITDA of $151 million, but adjusted net income was limited to $14 million after excluding $29 million in tax-adjusted investment gains and accounting for transaction costs and other items.
During the twelve months ended in 2026, Liberty generated revenue of $4.2 billion, gross profit of $777.5 million, and net income of $122.4 million, compared with annual revenue of $4.0 billion and net income of $147.9 million in FY2025. The data does not disclose a numerical revenue breakdown between the completion and energy businesses, but management explained that the power generation business is not expected to have a material impact on the income statement before 2028, meaning current results still depend primarily on the completion business and its related services and products.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $31.29, within a wide range of $23 to $40, and the stock carries a consensus Buy rating; the average is below the 52-week range high of $34.478, while the highest target exceeds that high. No published price-to-earnings ratio is available in the data despite earnings per share of $0.73 during the twelve months ended in 2026, so the stock's valuation depends heavily on successfully converting the $1.5 billion in energy spending in 2026 into contracts and cash flows beginning in 2028, alongside a continued recovery in completion business margins.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Liberty's revenue in Q2 FY2026 reached approximately $1.2 billion, up 16% sequentially from $1.0 billion. Management attributed the increase to record fleet utilization, modest pricing improvement, and higher product sales. Net income rose to $43.1 million and earnings per share increased to $0.26, while adjusted EBITDA reached $151 million.
The joint venture with PowerBridge is currently focused on the planned 2-gigawatt Alpha Digital campus in West Texas. The first phase is expected to include more than 300 megawatts, with initial generation anticipated in Q4 2027 and development continuing during the first half of 2028. As of July 23, 2026, discussions with potential tenants were ongoing and neither lease agreements nor power purchase agreements had been signed, so converting the project into revenue remains dependent on securing commercial contracts.
Management said some initial capacity within the first 300 megawatts could begin operating in late 2027, with construction extending into the first part of 2028. The company does not expect the power generation business to have a material impact on the income statement before 2028. It also expects the full impact of the targeted 3 gigawatts of capacity to emerge by the end of 2029, with a targeted cash payback period of five to six years and an unlevered return of between 17% and 18%.
The company estimates the cost of building 3 gigawatts at approximately $5 billion to $6 billion and raised its 2026 capital expenditure outlook to nearly $1.5 billion. The plan includes paying deposits for long-lead-time equipment from Bergen Engines, Wärtsilä, and other suppliers, and power generation deposits reached $71 million in Q2 FY2026. Management explained that it intends to place the projects in special-purpose entities and use non-recourse project financing that does not rely on the parent company's balance sheet after signing energy service agreements, then recycle the liquidity into subsequent deposits.
Pricing improved modestly and fleet utilization reached record levels in Q2 FY2026, but product sales did not produce the same increase in margins. Gross profit was $208.3 million on revenue of $1.2 billion, representing a gross margin of approximately 17.4%. Management said on July 23, 2026, that sand prices had not recovered meaningfully and that transporting record volumes of proppant was not accompanied by the desired margin improvement.
Liberty is building a DigiPrime fleet tailored for Canadian roads for delivery during the second half of 2026 to a customer it serves on both sides of the border. The fleet will replace older Tier 2 equipment rather than represent a net addition to operating capacity in Canada. The slurry system has begun commercial operations at three sites, and one Rockies project is expected to transport 1.5 billion pounds of sand and avoid approximately 30 thousand truck trips over seven months.
