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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and Principal Financial Group (PFG). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $750.8M, roughly 1.4× Principal Financial Group). Liberty Energy Inc. runs the higher net margin — 2.2% vs 0.3%, a 2.0% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs 4.0%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% CAGR vs -58.3%).

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.

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

LBRT vs PFG — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.4× larger
LBRT
$1.0B
$750.8M
PFG
Growing faster (revenue YoY)
LBRT
LBRT
+0.5% gap
LBRT
4.5%
4.0%
PFG
Higher net margin
LBRT
LBRT
2.0% more per $
LBRT
2.2%
0.3%
PFG
Faster 2-yr revenue CAGR
LBRT
LBRT
Annualised
LBRT
-6.2%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LBRT
LBRT
PFG
PFG
Revenue
$1.0B
$750.8M
Net Profit
$22.6M
$1.9M
Gross Margin
Operating Margin
2.2%
Net Margin
2.2%
0.3%
Revenue YoY
4.5%
4.0%
Net Profit YoY
783.0%
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
PFG
PFG
Q1 26
$1.0B
$750.8M
Q4 25
$1.0B
$4.6B
Q3 25
$947.4M
$3.7B
Q2 25
$1.0B
$3.7B
Q1 25
$977.5M
$3.7B
Q4 24
$943.6M
$4.8B
Q3 24
$1.1B
$3.0B
Q2 24
$1.2B
$4.3B
Net Profit
LBRT
LBRT
PFG
PFG
Q1 26
$22.6M
$1.9M
Q4 25
$13.7M
$517.0M
Q3 25
$43.1M
$213.8M
Q2 25
$71.0M
$406.2M
Q1 25
$20.1M
$48.1M
Q4 24
$51.9M
$905.4M
Q3 24
$73.8M
$-220.0M
Q2 24
$108.4M
$353.1M
Gross Margin
LBRT
LBRT
PFG
PFG
Q1 26
Q4 25
20.6%
Q3 25
18.7%
Q2 25
22.1%
Q1 25
22.1%
Q4 24
21.4%
Q3 24
26.2%
Q2 24
27.9%
Operating Margin
LBRT
LBRT
PFG
PFG
Q1 26
2.2%
Q4 25
1.9%
Q3 25
-0.3%
Q2 25
3.6%
Q1 25
1.9%
Q4 24
2.6%
Q3 24
9.4%
Q2 24
12.2%
Net Margin
LBRT
LBRT
PFG
PFG
Q1 26
2.2%
0.3%
Q4 25
1.3%
11.3%
Q3 25
4.5%
5.8%
Q2 25
6.8%
11.1%
Q1 25
2.1%
1.3%
Q4 24
5.5%
19.1%
Q3 24
6.5%
-7.3%
Q2 24
9.3%
8.2%
EPS (diluted)
LBRT
LBRT
PFG
PFG
Q1 26
$0.14
Q4 25
$0.08
$2.30
Q3 25
$0.26
$0.95
Q2 25
$0.43
$1.79
Q1 25
$0.12
$0.21
Q4 24
$0.31
$3.92
Q3 24
$0.44
$-0.95
Q2 24
$0.64
$1.49

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
PFG
PFG
Q1 26
$699.1M
Q4 25
$27.6M
$4.4B
Q3 25
$13.5M
$5.1B
Q2 25
$19.6M
$3.7B
Q1 25
$24.1M
$3.9B
Q4 24
$20.0M
$4.2B
Q3 24
$23.0M
$6.2B
Q2 24
$30.0M
$4.8B
Total Debt
LBRT
LBRT
PFG
PFG
Q1 26
$7.1M
Q4 25
$246.6M
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$190.5M
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
LBRT
LBRT
PFG
PFG
Q1 26
$1.9B
Q4 25
$2.1B
$11.9B
Q3 25
$2.1B
$11.7B
Q2 25
$2.0B
$11.4B
Q1 25
$2.0B
$11.2B
Q4 24
$2.0B
$11.1B
Q3 24
$2.0B
$11.2B
Q2 24
$1.9B
$11.0B
Total Assets
LBRT
LBRT
PFG
PFG
Q1 26
$4.4B
Q4 25
$3.6B
$341.4B
Q3 25
$3.5B
$334.5B
Q2 25
$3.4B
$323.1B
Q1 25
$3.4B
$313.0B
Q4 24
$3.3B
$313.7B
Q3 24
$3.3B
$322.9B
Q2 24
$3.2B
$308.8B
Debt / Equity
LBRT
LBRT
PFG
PFG
Q1 26
0.00×
Q4 25
0.12×
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.10×
0.36×
Q3 24
0.35×
Q2 24
0.36×

Financial Flow Comparison

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

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