vs

Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and MATERION Corp (MTRN). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $549.8M, roughly 1.9× MATERION Corp). MATERION Corp runs the higher net margin — 3.5% vs 2.2%, a 1.3% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (30.8% vs 4.5%). Over the past eight quarters, MATERION Corp's revenue compounded faster (13.6% CAGR vs -6.2%).

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.

Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are advanced beryllium metals, thin film deposition materials, high-performance alloys and composites, specialty engineered beryllium, engineered metals, technical ceramics, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, and specialty coatings.

LBRT vs MTRN — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.9× larger
LBRT
$1.0B
$549.8M
MTRN
Growing faster (revenue YoY)
MTRN
MTRN
+26.3% gap
MTRN
30.8%
4.5%
LBRT
Higher net margin
MTRN
MTRN
1.3% more per $
MTRN
3.5%
2.2%
LBRT
Faster 2-yr revenue CAGR
MTRN
MTRN
Annualised
MTRN
13.6%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LBRT
LBRT
MTRN
MTRN
Revenue
$1.0B
$549.8M
Net Profit
$22.6M
$19.4M
Gross Margin
14.9%
Operating Margin
2.2%
5.1%
Net Margin
2.2%
3.5%
Revenue YoY
4.5%
30.8%
Net Profit YoY
9.5%
EPS (diluted)
$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.

Revenue
LBRT
LBRT
MTRN
MTRN
Q1 26
$1.0B
$549.8M
Q4 25
$1.0B
$489.8M
Q3 25
$947.4M
$444.8M
Q2 25
$1.0B
$431.7M
Q1 25
$977.5M
$420.3M
Q4 24
$943.6M
$436.9M
Q3 24
$1.1B
$436.7M
Q2 24
$1.2B
$425.9M
Net Profit
LBRT
LBRT
MTRN
MTRN
Q1 26
$22.6M
$19.4M
Q4 25
$13.7M
$6.6M
Q3 25
$43.1M
$25.4M
Q2 25
$71.0M
$25.1M
Q1 25
$20.1M
$17.7M
Q4 24
$51.9M
$-48.9M
Q3 24
$73.8M
$22.3M
Q2 24
$108.4M
$19.0M
Gross Margin
LBRT
LBRT
MTRN
MTRN
Q1 26
14.9%
Q4 25
20.6%
13.0%
Q3 25
18.7%
19.4%
Q2 25
22.1%
19.1%
Q1 25
22.1%
18.1%
Q4 24
21.4%
21.3%
Q3 24
26.2%
18.5%
Q2 24
27.9%
19.0%
Operating Margin
LBRT
LBRT
MTRN
MTRN
Q1 26
2.2%
5.1%
Q4 25
1.9%
2.2%
Q3 25
-0.3%
7.9%
Q2 25
3.6%
8.5%
Q1 25
1.9%
6.5%
Q4 24
2.6%
-8.8%
Q3 24
9.4%
7.2%
Q2 24
12.2%
7.5%
Net Margin
LBRT
LBRT
MTRN
MTRN
Q1 26
2.2%
3.5%
Q4 25
1.3%
1.3%
Q3 25
4.5%
5.7%
Q2 25
6.8%
5.8%
Q1 25
2.1%
4.2%
Q4 24
5.5%
-11.2%
Q3 24
6.5%
5.1%
Q2 24
9.3%
4.5%
EPS (diluted)
LBRT
LBRT
MTRN
MTRN
Q1 26
$0.14
Q4 25
$0.08
$0.30
Q3 25
$0.26
$1.22
Q2 25
$0.43
$1.21
Q1 25
$0.12
$0.85
Q4 24
$0.31
$-2.34
Q3 24
$0.44
$1.07
Q2 24
$0.64
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LBRT
LBRT
MTRN
MTRN
Cash + ST InvestmentsLiquidity on hand
$699.1M
$16.2M
Total DebtLower is stronger
$7.1M
$489.9M
Stockholders' EquityBook value
$1.9B
$957.0M
Total Assets
$4.4B
$1.9B
Debt / EquityLower = less leverage
0.00×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
MTRN
MTRN
Q1 26
$699.1M
$16.2M
Q4 25
$27.6M
$13.7M
Q3 25
$13.5M
$16.4M
Q2 25
$19.6M
$12.6M
Q1 25
$24.1M
$15.6M
Q4 24
$20.0M
$16.7M
Q3 24
$23.0M
$17.9M
Q2 24
$30.0M
$17.1M
Total Debt
LBRT
LBRT
MTRN
MTRN
Q1 26
$7.1M
$489.9M
Q4 25
$246.6M
$460.6M
Q3 25
$458.9M
Q2 25
$427.6M
Q1 25
$453.0M
Q4 24
$190.5M
$443.9M
Q3 24
Q2 24
Stockholders' Equity
LBRT
LBRT
MTRN
MTRN
Q1 26
$1.9B
$957.0M
Q4 25
$2.1B
$943.3M
Q3 25
$2.1B
$934.6M
Q2 25
$2.0B
$910.6M
Q1 25
$2.0B
$887.9M
Q4 24
$2.0B
$868.9M
Q3 24
$2.0B
$931.9M
Q2 24
$1.9B
$907.1M
Total Assets
LBRT
LBRT
MTRN
MTRN
Q1 26
$4.4B
$1.9B
Q4 25
$3.6B
$1.8B
Q3 25
$3.5B
$1.8B
Q2 25
$3.4B
$1.7B
Q1 25
$3.4B
$1.8B
Q4 24
$3.3B
$1.7B
Q3 24
$3.3B
$1.9B
Q2 24
$3.2B
$1.8B
Debt / Equity
LBRT
LBRT
MTRN
MTRN
Q1 26
0.00×
0.51×
Q4 25
0.12×
0.49×
Q3 25
0.49×
Q2 25
0.47×
Q1 25
0.51×
Q4 24
0.10×
0.51×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons