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Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and PORTLAND GENERAL ELECTRIC CO (POR). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $889.0M, roughly 1.1× PORTLAND GENERAL ELECTRIC CO). PORTLAND GENERAL ELECTRIC CO runs the higher net margin — 4.6% vs 2.2%, a 2.4% gap on every dollar of revenue. On growth, PORTLAND GENERAL ELECTRIC CO posted the faster year-over-year revenue change (7.9% vs 4.5%). Over the past eight quarters, PORTLAND GENERAL ELECTRIC CO's revenue compounded faster (-2.2% 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.

Portland General Electric (PGE) is a Fortune 1000, publicly traded energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon's commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 199...

LBRT vs POR — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.1× larger
LBRT
$1.0B
$889.0M
POR
Growing faster (revenue YoY)
POR
POR
+3.4% gap
POR
7.9%
4.5%
LBRT
Higher net margin
POR
POR
2.4% more per $
POR
4.6%
2.2%
LBRT
Faster 2-yr revenue CAGR
POR
POR
Annualised
POR
-2.2%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LBRT
LBRT
POR
POR
Revenue
$1.0B
$889.0M
Net Profit
$22.6M
$41.0M
Gross Margin
Operating Margin
2.2%
10.7%
Net Margin
2.2%
4.6%
Revenue YoY
4.5%
7.9%
Net Profit YoY
64.8%
7.9%
EPS (diluted)
$0.14
$0.36

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
POR
POR
Q1 26
$1.0B
Q4 25
$1.0B
$889.0M
Q3 25
$947.4M
$952.0M
Q2 25
$1.0B
$807.0M
Q1 25
$977.5M
$928.0M
Q4 24
$943.6M
$824.0M
Q3 24
$1.1B
$929.0M
Q2 24
$1.2B
$758.0M
Net Profit
LBRT
LBRT
POR
POR
Q1 26
$22.6M
Q4 25
$13.7M
$41.0M
Q3 25
$43.1M
$103.0M
Q2 25
$71.0M
$62.0M
Q1 25
$20.1M
$100.0M
Q4 24
$51.9M
$38.0M
Q3 24
$73.8M
$94.0M
Q2 24
$108.4M
$72.0M
Gross Margin
LBRT
LBRT
POR
POR
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
POR
POR
Q1 26
2.2%
Q4 25
1.9%
10.7%
Q3 25
-0.3%
18.3%
Q2 25
3.6%
14.6%
Q1 25
1.9%
18.1%
Q4 24
2.6%
10.7%
Q3 24
9.4%
15.7%
Q2 24
12.2%
15.3%
Net Margin
LBRT
LBRT
POR
POR
Q1 26
2.2%
Q4 25
1.3%
4.6%
Q3 25
4.5%
10.8%
Q2 25
6.8%
7.7%
Q1 25
2.1%
10.8%
Q4 24
5.5%
4.6%
Q3 24
6.5%
10.1%
Q2 24
9.3%
9.5%
EPS (diluted)
LBRT
LBRT
POR
POR
Q1 26
$0.14
Q4 25
$0.08
$0.36
Q3 25
$0.26
$0.94
Q2 25
$0.43
$0.56
Q1 25
$0.12
$0.91
Q4 24
$0.31
$0.34
Q3 24
$0.44
$0.90
Q2 24
$0.64
$0.69

Balance Sheet & Financial Strength

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

Metric
LBRT
LBRT
POR
POR
Cash + ST InvestmentsLiquidity on hand
$699.1M
Total DebtLower is stronger
$7.1M
$4.7B
Stockholders' EquityBook value
$1.9B
$4.1B
Total Assets
$4.4B
$13.2B
Debt / EquityLower = less leverage
0.00×
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
POR
POR
Q1 26
$699.1M
Q4 25
$27.6M
Q3 25
$13.5M
Q2 25
$19.6M
Q1 25
$24.1M
Q4 24
$20.0M
Q3 24
$23.0M
Q2 24
$30.0M
Total Debt
LBRT
LBRT
POR
POR
Q1 26
$7.1M
Q4 25
$246.6M
$4.7B
Q3 25
$4.7B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$190.5M
$4.5B
Q3 24
$4.4B
Q2 24
$4.4B
Stockholders' Equity
LBRT
LBRT
POR
POR
Q1 26
$1.9B
Q4 25
$2.1B
$4.1B
Q3 25
$2.1B
$4.0B
Q2 25
$2.0B
$3.9B
Q1 25
$2.0B
$3.8B
Q4 24
$2.0B
$3.8B
Q3 24
$2.0B
$3.6B
Q2 24
$1.9B
$3.5B
Total Assets
LBRT
LBRT
POR
POR
Q1 26
$4.4B
Q4 25
$3.6B
$13.2B
Q3 25
$3.5B
$13.0B
Q2 25
$3.4B
$12.7B
Q1 25
$3.4B
$12.7B
Q4 24
$3.3B
$12.5B
Q3 24
$3.3B
$11.9B
Q2 24
$3.2B
$11.6B
Debt / Equity
LBRT
LBRT
POR
POR
Q1 26
0.00×
Q4 25
0.12×
1.13×
Q3 25
1.20×
Q2 25
1.23×
Q1 25
1.23×
Q4 24
0.10×
1.20×
Q3 24
1.22×
Q2 24
1.27×

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
POR
POR
Operating Cash FlowLast quarter
$148.0M
Free Cash FlowOCF − Capex
$-142.0M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
13.1%
32.6%
Cash ConversionOCF / Net Profit
3.61×
TTM Free Cash FlowTrailing 4 quarters
$-71.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
POR
POR
Q1 26
Q4 25
$195.4M
$148.0M
Q3 25
$51.5M
$403.0M
Q2 25
$170.6M
$336.0M
Q1 25
$192.1M
$231.0M
Q4 24
$177.3M
$170.0M
Q3 24
$244.5M
$244.0M
Q2 24
$248.2M
$189.0M
Free Cash Flow
LBRT
LBRT
POR
POR
Q1 26
Q4 25
$-10.0M
$-142.0M
Q3 25
$-67.2M
$100.0M
Q2 25
$33.1M
$99.0M
Q1 25
$58.2M
$-128.0M
Q4 24
$-26.2M
$-222.0M
Q3 24
$77.9M
$-9.0M
Q2 24
$112.2M
$-109.0M
FCF Margin
LBRT
LBRT
POR
POR
Q1 26
Q4 25
-1.0%
-16.0%
Q3 25
-7.1%
10.5%
Q2 25
3.2%
12.3%
Q1 25
6.0%
-13.8%
Q4 24
-2.8%
-26.9%
Q3 24
6.8%
-1.0%
Q2 24
9.7%
-14.4%
Capex Intensity
LBRT
LBRT
POR
POR
Q1 26
13.1%
Q4 25
19.8%
32.6%
Q3 25
12.5%
31.8%
Q2 25
13.2%
29.4%
Q1 25
13.7%
38.7%
Q4 24
21.6%
47.6%
Q3 24
14.6%
27.2%
Q2 24
11.7%
39.3%
Cash Conversion
LBRT
LBRT
POR
POR
Q1 26
Q4 25
14.28×
3.61×
Q3 25
1.20×
3.91×
Q2 25
2.40×
5.42×
Q1 25
9.55×
2.31×
Q4 24
3.42×
4.47×
Q3 24
3.31×
2.60×
Q2 24
2.29×
2.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

POR
POR

Other$507.0M57%
Commercial$231.0M26%
Industrial$140.0M16%
Direct Accesscustomers$11.0M1%

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