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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and NEWELL BRANDS INC. (NWL). Click either name above to swap in a different company.

NEWELL BRANDS INC. is the larger business by last-quarter revenue ($1.9B vs $1.0B, roughly 1.9× Liberty Energy Inc.). Liberty Energy Inc. runs the higher net margin — 2.2% vs -16.6%, a 18.8% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs -2.7%). Over the past eight quarters, NEWELL BRANDS INC.'s revenue compounded faster (7.1% 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.

Newell Brands Inc. is an American conglomerate of consumer and commercial products. The company's brands and products include Rubbermaid storage/or waste disposal containers; home organization and reusable container products; Contigo and Bubba water bottles; Coleman outdoor products; writing instruments glue ; children's products ; cookware and small appliances and fragrance products.

LBRT vs NWL — Head-to-Head

Bigger by revenue
NWL
NWL
1.9× larger
NWL
$1.9B
$1.0B
LBRT
Growing faster (revenue YoY)
LBRT
LBRT
+7.1% gap
LBRT
4.5%
-2.7%
NWL
Higher net margin
LBRT
LBRT
18.8% more per $
LBRT
2.2%
-16.6%
NWL
Faster 2-yr revenue CAGR
NWL
NWL
Annualised
NWL
7.1%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LBRT
LBRT
NWL
NWL
Revenue
$1.0B
$1.9B
Net Profit
$22.6M
$-315.0M
Gross Margin
33.1%
Operating Margin
2.2%
-14.3%
Net Margin
2.2%
-16.6%
Revenue YoY
4.5%
-2.7%
Net Profit YoY
-483.3%
EPS (diluted)
$0.14
$-0.75

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
NWL
NWL
Q1 26
$1.0B
Q4 25
$1.0B
$1.9B
Q3 25
$947.4M
$1.8B
Q2 25
$1.0B
$1.9B
Q1 25
$977.5M
$1.6B
Q4 24
$943.6M
$1.9B
Q3 24
$1.1B
$1.9B
Q2 24
$1.2B
$2.0B
Net Profit
LBRT
LBRT
NWL
NWL
Q1 26
$22.6M
Q4 25
$13.7M
$-315.0M
Q3 25
$43.1M
$21.0M
Q2 25
$71.0M
$46.0M
Q1 25
$20.1M
$-37.0M
Q4 24
$51.9M
$-54.0M
Q3 24
$73.8M
$-198.0M
Q2 24
$108.4M
$45.0M
Gross Margin
LBRT
LBRT
NWL
NWL
Q1 26
Q4 25
20.6%
33.1%
Q3 25
18.7%
34.1%
Q2 25
22.1%
35.4%
Q1 25
22.1%
32.1%
Q4 24
21.4%
34.2%
Q3 24
26.2%
34.9%
Q2 24
27.9%
34.4%
Operating Margin
LBRT
LBRT
NWL
NWL
Q1 26
2.2%
Q4 25
1.9%
-14.3%
Q3 25
-0.3%
6.6%
Q2 25
3.6%
8.8%
Q1 25
1.9%
1.3%
Q4 24
2.6%
0.5%
Q3 24
9.4%
-6.2%
Q2 24
12.2%
8.0%
Net Margin
LBRT
LBRT
NWL
NWL
Q1 26
2.2%
Q4 25
1.3%
-16.6%
Q3 25
4.5%
1.2%
Q2 25
6.8%
2.4%
Q1 25
2.1%
-2.4%
Q4 24
5.5%
-2.8%
Q3 24
6.5%
-10.2%
Q2 24
9.3%
2.2%
EPS (diluted)
LBRT
LBRT
NWL
NWL
Q1 26
$0.14
Q4 25
$0.08
$-0.75
Q3 25
$0.26
$0.05
Q2 25
$0.43
$0.11
Q1 25
$0.12
$-0.09
Q4 24
$0.31
$-0.13
Q3 24
$0.44
$-0.48
Q2 24
$0.64
$0.11

Balance Sheet & Financial Strength

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

Metric
LBRT
LBRT
NWL
NWL
Cash + ST InvestmentsLiquidity on hand
$699.1M
$203.0M
Total DebtLower is stronger
$7.1M
Stockholders' EquityBook value
$1.9B
$2.4B
Total Assets
$4.4B
$10.7B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
NWL
NWL
Q1 26
$699.1M
Q4 25
$27.6M
$203.0M
Q3 25
$13.5M
$229.0M
Q2 25
$19.6M
$219.0M
Q1 25
$24.1M
$233.0M
Q4 24
$20.0M
$198.0M
Q3 24
$23.0M
$494.0M
Q2 24
$30.0M
$382.0M
Total Debt
LBRT
LBRT
NWL
NWL
Q1 26
$7.1M
Q4 25
$246.6M
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
Q3 24
Q2 24
Stockholders' Equity
LBRT
LBRT
NWL
NWL
Q1 26
$1.9B
Q4 25
$2.1B
$2.4B
Q3 25
$2.1B
$2.7B
Q2 25
$2.0B
$2.7B
Q1 25
$2.0B
$2.7B
Q4 24
$2.0B
$2.8B
Q3 24
$2.0B
$2.9B
Q2 24
$1.9B
$3.1B
Total Assets
LBRT
LBRT
NWL
NWL
Q1 26
$4.4B
Q4 25
$3.6B
$10.7B
Q3 25
$3.5B
$11.3B
Q2 25
$3.4B
$11.5B
Q1 25
$3.4B
$11.3B
Q4 24
$3.3B
$11.0B
Q3 24
$3.3B
$11.8B
Q2 24
$3.2B
$12.0B
Debt / Equity
LBRT
LBRT
NWL
NWL
Q1 26
0.00×
Q4 25
0.12×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LBRT
LBRT
NWL
NWL
Operating Cash FlowLast quarter
$161.0M
Free Cash FlowOCF − Capex
$91.0M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
13.1%
3.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
NWL
NWL
Q1 26
Q4 25
$195.4M
$161.0M
Q3 25
$51.5M
$374.0M
Q2 25
$170.6M
$-58.0M
Q1 25
$192.1M
$-213.0M
Q4 24
$177.3M
$150.0M
Q3 24
$244.5M
$282.0M
Q2 24
$248.2M
$32.0M
Free Cash Flow
LBRT
LBRT
NWL
NWL
Q1 26
Q4 25
$-10.0M
$91.0M
Q3 25
$-67.2M
$315.0M
Q2 25
$33.1M
$-117.0M
Q1 25
$58.2M
$-272.0M
Q4 24
$-26.2M
$54.0M
Q3 24
$77.9M
$231.0M
Q2 24
$112.2M
$-21.0M
FCF Margin
LBRT
LBRT
NWL
NWL
Q1 26
Q4 25
-1.0%
4.8%
Q3 25
-7.1%
17.4%
Q2 25
3.2%
-6.0%
Q1 25
6.0%
-17.4%
Q4 24
-2.8%
2.8%
Q3 24
6.8%
11.9%
Q2 24
9.7%
-1.0%
Capex Intensity
LBRT
LBRT
NWL
NWL
Q1 26
13.1%
Q4 25
19.8%
3.7%
Q3 25
12.5%
3.3%
Q2 25
13.2%
3.0%
Q1 25
13.7%
3.8%
Q4 24
21.6%
4.9%
Q3 24
14.6%
2.6%
Q2 24
11.7%
2.6%
Cash Conversion
LBRT
LBRT
NWL
NWL
Q1 26
Q4 25
14.28×
Q3 25
1.20×
17.81×
Q2 25
2.40×
-1.26×
Q1 25
9.55×
Q4 24
3.42×
Q3 24
3.31×
Q2 24
2.29×
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

NWL
NWL

Kitchen$538.0M28%
Writing$370.0M20%
Commercial$320.0M17%
Financial Institution Two$286.0M15%
Baby$259.0M14%
Outdoor And Recreation$142.0M7%

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