Liberty Energy Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.07B | $1.07B | $1.22B | $1.19B | $1.26B | $1.23B | $1.19B |
| Cost of Revenue | $835.8M | $782.7M | $777.3M | $850.2M | $833.5M | $888.4M | $890.8M | $874.5M |
| Gross Profit | $324.1M | $290.4M | $297.7M | $365.7M | $361.5M | $373.7M | $334.7M | $313.8M |
| Gross Margin | 27.9% | 27.1% | 27.7% | 30.1% | 30.3% | 29.6% | 27.3% | 26.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $57.7M | $53.0M | $55.3M | $55.0M | $58.0M | $53.0M | $49.1M | $50.5M |
| Operating Income | $141.8M | $115.4M | $123.8M | $205.2M | $206.5M | $225.1M | $198.5M | $183.0M |
| Operating Margin | 12.2% | 10.8% | 11.5% | 16.9% | 17.3% | 17.8% | 16.2% | 15.4% |
| Interest Expense | — | $7.1M | — | — | — | $7.9M | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $32.6M | $26.5M | $26.8M | $49.8M | $47.3M | $54.5M | $-4.4M | $2.6M |
| Net Income | $108.4M | $81.9M | $92.4M | $148.6M | $152.7M | $162.7M | $152.9M | $147.0M |
| Net Margin | 9.3% | 7.6% | 8.6% | 12.2% | 12.8% | 12.9% | 12.5% | 12.4% |
| EPS (Basic) | $0.65 | $0.49 | $0.56 | $0.88 | $0.88 | $0.92 | $0.85 | $0.79 |
| EPS (Diluted) | $0.64 | $0.48 | $0.53 | $0.85 | $0.87 | $0.90 | $0.81 | $0.78 |
| Shares Outstanding (Basic) | 166.2M | 166.3M | 171.8M | 169.8M | 173.1M | 176.6M | 184.3M | 185.5M |
| Shares Outstanding (Diluted) | 169.7M | 171.4M | 176.4M | 174.0M | 176.2M | 181.1M | 189.3M | 189.9M |
| Dividends Per Share | $0.07 | $0.07 | $0.07 | $0.05 | $0.05 | $0.05 | — | — |