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Side-by-side financial comparison of Element Solutions Inc (ESI) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $840.0M, roughly 1.2× Element Solutions Inc). Element Solutions Inc runs the higher net margin — 6.7% vs 2.2%, a 4.5% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs 4.5%). Over the past eight quarters, Element Solutions Inc's revenue compounded faster (17.1% CAGR vs -6.2%).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
ESI vs LBRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $1.0B |
| Net Profit | $56.0M | $22.6M |
| Gross Margin | 38.4% | — |
| Operating Margin | 13.3% | 2.2% |
| Net Margin | 6.7% | 2.2% |
| Revenue YoY | 41.0% | 4.5% |
| Net Profit YoY | -42.9% | 64.8% |
| EPS (diluted) | $0.23 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $840.0M | $1.0B | ||
| Q4 25 | $676.2M | $1.0B | ||
| Q3 25 | $656.1M | $947.4M | ||
| Q2 25 | $625.2M | $1.0B | ||
| Q1 25 | $593.7M | $977.5M | ||
| Q4 24 | $624.2M | $943.6M | ||
| Q3 24 | $645.0M | $1.1B | ||
| Q2 24 | $612.7M | $1.2B |
| Q1 26 | $56.0M | $22.6M | ||
| Q4 25 | $6.2M | $13.7M | ||
| Q3 25 | $39.3M | $43.1M | ||
| Q2 25 | $47.4M | $71.0M | ||
| Q1 25 | $98.0M | $20.1M | ||
| Q4 24 | $54.7M | $51.9M | ||
| Q3 24 | $40.3M | $73.8M | ||
| Q2 24 | $93.2M | $108.4M |
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | 20.6% | ||
| Q3 25 | 42.2% | 18.7% | ||
| Q2 25 | 42.6% | 22.1% | ||
| Q1 25 | 42.2% | 22.1% | ||
| Q4 24 | 41.0% | 21.4% | ||
| Q3 24 | 41.5% | 26.2% | ||
| Q2 24 | 43.6% | 27.9% |
| Q1 26 | 13.3% | 2.2% | ||
| Q4 25 | 10.3% | 1.9% | ||
| Q3 25 | 15.4% | -0.3% | ||
| Q2 25 | 15.1% | 3.6% | ||
| Q1 25 | 13.0% | 1.9% | ||
| Q4 24 | 12.0% | 2.6% | ||
| Q3 24 | 14.7% | 9.4% | ||
| Q2 24 | 15.7% | 12.2% |
| Q1 26 | 6.7% | 2.2% | ||
| Q4 25 | 0.9% | 1.3% | ||
| Q3 25 | 6.0% | 4.5% | ||
| Q2 25 | 7.6% | 6.8% | ||
| Q1 25 | 16.5% | 2.1% | ||
| Q4 24 | 8.8% | 5.5% | ||
| Q3 24 | 6.2% | 6.5% | ||
| Q2 24 | 15.2% | 9.3% |
| Q1 26 | $0.23 | $0.14 | ||
| Q4 25 | $0.03 | $0.08 | ||
| Q3 25 | $0.16 | $0.26 | ||
| Q2 25 | $0.20 | $0.43 | ||
| Q1 25 | $0.40 | $0.12 | ||
| Q4 24 | $0.22 | $0.31 | ||
| Q3 24 | $0.17 | $0.44 | ||
| Q2 24 | $0.39 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $177.3M | $699.1M |
| Total DebtLower is stronger | — | $7.1M |
| Stockholders' EquityBook value | $2.7B | $1.9B |
| Total Assets | $5.7B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | $699.1M | ||
| Q4 25 | $626.5M | $27.6M | ||
| Q3 25 | $594.3M | $13.5M | ||
| Q2 25 | $529.9M | $19.6M | ||
| Q1 25 | $499.2M | $24.1M | ||
| Q4 24 | $359.4M | $20.0M | ||
| Q3 24 | $376.0M | $23.0M | ||
| Q2 24 | $309.3M | $30.0M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $1.6B | $246.6M | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | $190.5M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.7B | $1.9B | ||
| Q4 25 | $2.7B | $2.1B | ||
| Q3 25 | $2.7B | $2.1B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.5B | $2.0B | ||
| Q4 24 | $2.4B | $2.0B | ||
| Q3 24 | $2.4B | $2.0B | ||
| Q2 24 | $2.4B | $1.9B |
| Q1 26 | $5.7B | $4.4B | ||
| Q4 25 | $5.1B | $3.6B | ||
| Q3 25 | $5.0B | $3.5B | ||
| Q2 25 | $5.0B | $3.4B | ||
| Q1 25 | $4.8B | $3.4B | ||
| Q4 24 | $4.9B | $3.3B | ||
| Q3 24 | $5.1B | $3.3B | ||
| Q2 24 | $5.0B | $3.2B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | 0.61× | 0.12× | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.76× | 0.10× | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.81× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | $-74.2M | — |
| FCF MarginFCF / Revenue | -8.8% | — |
| Capex IntensityCapex / Revenue | 3.0% | 13.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $195.4M | ||
| Q3 25 | $100.1M | $51.5M | ||
| Q2 25 | — | $170.6M | ||
| Q1 25 | $26.0M | $192.1M | ||
| Q4 24 | — | $177.3M | ||
| Q3 24 | $98.5M | $244.5M | ||
| Q2 24 | — | $248.2M |
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | $-10.0M | ||
| Q3 25 | $83.6M | $-67.2M | ||
| Q2 25 | — | $33.1M | ||
| Q1 25 | $15.0M | $58.2M | ||
| Q4 24 | — | $-26.2M | ||
| Q3 24 | $85.9M | $77.9M | ||
| Q2 24 | — | $112.2M |
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | -1.0% | ||
| Q3 25 | 12.7% | -7.1% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | 2.5% | 6.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | 13.3% | 6.8% | ||
| Q2 24 | — | 9.7% |
| Q1 26 | 3.0% | 13.1% | ||
| Q4 25 | 2.5% | 19.8% | ||
| Q3 25 | 2.5% | 12.5% | ||
| Q2 25 | 2.8% | 13.2% | ||
| Q1 25 | 1.9% | 13.7% | ||
| Q4 24 | 3.6% | 21.6% | ||
| Q3 24 | 2.0% | 14.6% | ||
| Q2 24 | 2.4% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.28× | ||
| Q3 25 | 2.55× | 1.20× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | 0.27× | 9.55× | ||
| Q4 24 | — | 3.42× | ||
| Q3 24 | 2.44× | 3.31× | ||
| Q2 24 | — | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
LBRT
Segment breakdown not available.
