Liberty Historical Income Statement

LBRT Stock  USD 18.35  0.78  4.44%   
Historical analysis of Liberty Oilfield income statement accounts such as Selling General Administrative of 116.1 M can show how well Liberty Oilfield Services performed in making a profits. Evaluating Liberty Oilfield income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Liberty Oilfield's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Liberty Oilfield Services latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Liberty Oilfield Services is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Liberty Income Statement Analysis

Liberty Oilfield Services Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Liberty Oilfield shareholders. The income statement also shows Liberty investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Liberty Oilfield Income Statement Chart

At this time, Liberty Oilfield's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Net Income is likely to gain to about 584.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 116.1 M in 2024.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Liberty Oilfield Services. It is also known as Liberty Oilfield overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Liberty Oilfield Services income statement and represents the costs associated with goods and services Liberty Oilfield provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Liberty Oilfield's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Liberty Oilfield Services current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Liberty Oilfield's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Net Income is likely to gain to about 584.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 116.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization266.6M326.8M421.5M442.6M
Interest Income2K373K1.3M1.2M

Liberty Oilfield income statement Correlations

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-0.060.750.720.70.860.990.670.940.980.960.670.71.0-0.30.99-0.42-0.820.630.76-0.87
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-0.350.90.991.00.910.770.990.570.70.670.790.990.69-0.240.69-0.78-0.930.960.31-0.79
-0.060.760.710.690.860.990.670.961.00.980.960.670.69-0.270.99-0.41-0.820.630.8-0.86
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0.69-0.88-0.76-0.78-0.75-0.52-0.75-0.33-0.42-0.46-0.63-0.75-0.78-0.410.32-0.410.8-0.88-0.130.67
0.3-0.96-0.95-0.93-0.97-0.89-0.91-0.74-0.82-0.8-0.9-0.91-0.93-0.820.22-0.80.8-0.89-0.470.83
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Liberty Oilfield Account Relationship Matchups

Liberty Oilfield income statement Accounts

201920202021202220232024 (projected)
Interest Income983K560K2K373K1.3M1.2M
Depreciation And Amortization165.4M183.8M266.6M326.8M421.5M442.6M
Interest Expense14.7M14.5M15.6M22.7M29.5M16.9M
Selling General Administrative97.6M84.1M123.4M180.0M221.4M116.1M
Total Revenue2.0B965.8M2.5B4.1B4.7B5.0B
Gross Profit203.8M(72.3M)(41.9M)677.2M977.0M1.0B
Other Operating Expenses1.9B1.1B2.6B3.7B4.0B2.1B
Operating Income(59.2M)(177.0M)(181.2M)97.9M760.6M798.6M
Net Income From Continuing Ops74.9M(131.7M)(187.0M)400.3M617.2M648.1M
Ebit(59.2M)(180.4M)(166.0M)422.2M755.6M793.4M
Ebitda106.2M3.3M100.6M749.0M1.2B1.2B
Cost Of Revenue1.8B1.0B2.5B3.5B3.8B2.0B
Total Operating Expenses97.6M84.1M123.4M180.0M216.5M115.5M
Income Before Tax88.9M(191.5M)(177.8M)399.5M734.9M771.6M
Total Other Income Expense Net148.1M(14.5M)3.4M(96.4M)(25.7M)(24.4M)
Net Income Applicable To Common Shares39.0M(115.6M)(179.2M)399.6M459.5M482.5M
Net Income74.9M(160.7M)(187.0M)399.6M556.3M584.1M
Income Tax Expense14.1M(30.9M)9.2M(793K)178.5M187.4M
Minority Interest226.7M(45.1M)7.8M700K(402K)(381.9K)
Net Interest Income(14.7M)(14.5M)(15.6M)(22.7M)(27.9M)(26.5M)
Reconciled Depreciation165.4M180.1M262.8M323.0M391.3M240.3M
Tax Provision14.1M(30.9M)9.2M(793K)147.2M154.6M

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Additional Tools for Liberty Stock Analysis

When running Liberty Oilfield's price analysis, check to measure Liberty Oilfield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liberty Oilfield is operating at the current time. Most of Liberty Oilfield's value examination focuses on studying past and present price action to predict the probability of Liberty Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Oilfield's price. Additionally, you may evaluate how the addition of Liberty Oilfield to your portfolios can decrease your overall portfolio volatility.