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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $629.0M, roughly 1.6× Park Hotels & Resorts Inc.). Liberty Energy Inc. runs the higher net margin — 2.2% vs -32.6%, a 34.8% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs 0.6%). Over the past eight quarters, Park Hotels & Resorts Inc.'s revenue compounded faster (-0.8% 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.

Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.

LBRT vs PK — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.6× larger
LBRT
$1.0B
$629.0M
PK
Growing faster (revenue YoY)
LBRT
LBRT
+3.8% gap
LBRT
4.5%
0.6%
PK
Higher net margin
LBRT
LBRT
34.8% more per $
LBRT
2.2%
-32.6%
PK
Faster 2-yr revenue CAGR
PK
PK
Annualised
PK
-0.8%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LBRT
LBRT
PK
PK
Revenue
$1.0B
$629.0M
Net Profit
$22.6M
$-205.0M
Gross Margin
Operating Margin
2.2%
-26.1%
Net Margin
2.2%
-32.6%
Revenue YoY
4.5%
0.6%
Net Profit YoY
-410.6%
EPS (diluted)
$0.14
$-1.04

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
PK
PK
Q1 26
$1.0B
Q4 25
$1.0B
$629.0M
Q3 25
$947.4M
$610.0M
Q2 25
$1.0B
$672.0M
Q1 25
$977.5M
$630.0M
Q4 24
$943.6M
$625.0M
Q3 24
$1.1B
$649.0M
Q2 24
$1.2B
$686.0M
Net Profit
LBRT
LBRT
PK
PK
Q1 26
$22.6M
Q4 25
$13.7M
$-205.0M
Q3 25
$43.1M
$-16.0M
Q2 25
$71.0M
$-5.0M
Q1 25
$20.1M
$-57.0M
Q4 24
$51.9M
$66.0M
Q3 24
$73.8M
$54.0M
Q2 24
$108.4M
$64.0M
Gross Margin
LBRT
LBRT
PK
PK
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
PK
PK
Q1 26
2.2%
Q4 25
1.9%
-26.1%
Q3 25
-0.3%
9.7%
Q2 25
3.6%
9.7%
Q1 25
1.9%
1.1%
Q4 24
2.6%
13.3%
Q3 24
9.4%
14.6%
Q2 24
12.2%
17.6%
Net Margin
LBRT
LBRT
PK
PK
Q1 26
2.2%
Q4 25
1.3%
-32.6%
Q3 25
4.5%
-2.6%
Q2 25
6.8%
-0.7%
Q1 25
2.1%
-9.0%
Q4 24
5.5%
10.6%
Q3 24
6.5%
8.3%
Q2 24
9.3%
9.3%
EPS (diluted)
LBRT
LBRT
PK
PK
Q1 26
$0.14
Q4 25
$0.08
$-1.04
Q3 25
$0.26
$-0.08
Q2 25
$0.43
$-0.02
Q1 25
$0.12
$-0.29
Q4 24
$0.31
$0.32
Q3 24
$0.44
$0.26
Q2 24
$0.64
$0.30

Balance Sheet & Financial Strength

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

Metric
LBRT
LBRT
PK
PK
Cash + ST InvestmentsLiquidity on hand
$699.1M
$232.0M
Total DebtLower is stronger
$7.1M
$3.9B
Stockholders' EquityBook value
$1.9B
$3.1B
Total Assets
$4.4B
$7.7B
Debt / EquityLower = less leverage
0.00×
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
PK
PK
Q1 26
$699.1M
Q4 25
$27.6M
$232.0M
Q3 25
$13.5M
$278.0M
Q2 25
$19.6M
$319.0M
Q1 25
$24.1M
$233.0M
Q4 24
$20.0M
$402.0M
Q3 24
$23.0M
$480.0M
Q2 24
$30.0M
$449.0M
Total Debt
LBRT
LBRT
PK
PK
Q1 26
$7.1M
Q4 25
$246.6M
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$190.5M
$3.9B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
LBRT
LBRT
PK
PK
Q1 26
$1.9B
Q4 25
$2.1B
$3.1B
Q3 25
$2.1B
$3.4B
Q2 25
$2.0B
$3.4B
Q1 25
$2.0B
$3.5B
Q4 24
$2.0B
$3.6B
Q3 24
$2.0B
$3.8B
Q2 24
$1.9B
$3.8B
Total Assets
LBRT
LBRT
PK
PK
Q1 26
$4.4B
Q4 25
$3.6B
$7.7B
Q3 25
$3.5B
$8.8B
Q2 25
$3.4B
$8.9B
Q1 25
$3.4B
$8.9B
Q4 24
$3.3B
$9.2B
Q3 24
$3.3B
$9.2B
Q2 24
$3.2B
$9.2B
Debt / Equity
LBRT
LBRT
PK
PK
Q1 26
0.00×
Q4 25
0.12×
1.23×
Q3 25
1.14×
Q2 25
1.12×
Q1 25
1.11×
Q4 24
0.10×
1.06×
Q3 24
1.03×
Q2 24
1.03×

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
PK
PK
Operating Cash FlowLast quarter
$105.0M
Free Cash FlowOCF − Capex
$-3.0M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
13.1%
17.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$102.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
PK
PK
Q1 26
Q4 25
$195.4M
$105.0M
Q3 25
$51.5M
$99.0M
Q2 25
$170.6M
$108.0M
Q1 25
$192.1M
$86.0M
Q4 24
$177.3M
$80.0M
Q3 24
$244.5M
$140.0M
Q2 24
$248.2M
$117.0M
Free Cash Flow
LBRT
LBRT
PK
PK
Q1 26
Q4 25
$-10.0M
$-3.0M
Q3 25
$-67.2M
$31.0M
Q2 25
$33.1M
$65.0M
Q1 25
$58.2M
$9.0M
Q4 24
$-26.2M
$17.0M
Q3 24
$77.9M
$97.0M
Q2 24
$112.2M
$66.0M
FCF Margin
LBRT
LBRT
PK
PK
Q1 26
Q4 25
-1.0%
-0.5%
Q3 25
-7.1%
5.1%
Q2 25
3.2%
9.7%
Q1 25
6.0%
1.4%
Q4 24
-2.8%
2.7%
Q3 24
6.8%
14.9%
Q2 24
9.7%
9.6%
Capex Intensity
LBRT
LBRT
PK
PK
Q1 26
13.1%
Q4 25
19.8%
17.2%
Q3 25
12.5%
11.1%
Q2 25
13.2%
6.4%
Q1 25
13.7%
12.2%
Q4 24
21.6%
10.1%
Q3 24
14.6%
6.6%
Q2 24
11.7%
7.4%
Cash Conversion
LBRT
LBRT
PK
PK
Q1 26
Q4 25
14.28×
Q3 25
1.20×
Q2 25
2.40×
Q1 25
9.55×
Q4 24
3.42×
1.21×
Q3 24
3.31×
2.59×
Q2 24
2.29×
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

PK
PK

Occupancy$371.0M59%
Food And Beverage$173.0M28%
Ancillary Hotel$61.0M10%
Hotel Other$24.0M4%

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