vs

Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and Weatherford International plc (WFRD). Click either name above to swap in a different company.

Weatherford International plc is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.1× Liberty Energy Inc.). Weatherford International plc runs the higher net margin — 9.5% vs 2.2%, a 7.3% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs -8.3%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% CAGR vs -9.5%).

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.

Weatherford International plc is an American multinational oilfield service company, headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells.

LBRT vs WFRD — Head-to-Head

Bigger by revenue
WFRD
WFRD
1.1× larger
WFRD
$1.2B
$1.0B
LBRT
Growing faster (revenue YoY)
LBRT
LBRT
+12.8% gap
LBRT
4.5%
-8.3%
WFRD
Higher net margin
WFRD
WFRD
7.3% more per $
WFRD
9.5%
2.2%
LBRT
Faster 2-yr revenue CAGR
LBRT
LBRT
Annualised
LBRT
-6.2%
-9.5%
WFRD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LBRT
LBRT
WFRD
WFRD
Revenue
$1.0B
$1.2B
Net Profit
$22.6M
$109.0M
Gross Margin
Operating Margin
2.2%
10.7%
Net Margin
2.2%
9.5%
Revenue YoY
4.5%
-8.3%
Net Profit YoY
42.1%
EPS (diluted)
$0.14
$1.49

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
WFRD
WFRD
Q1 26
$1.0B
$1.2B
Q4 25
$1.0B
$1.3B
Q3 25
$947.4M
$1.2B
Q2 25
$1.0B
$1.2B
Q1 25
$977.5M
$1.2B
Q4 24
$943.6M
$1.3B
Q3 24
$1.1B
$1.4B
Q2 24
$1.2B
$1.4B
Net Profit
LBRT
LBRT
WFRD
WFRD
Q1 26
$22.6M
$109.0M
Q4 25
$13.7M
$138.0M
Q3 25
$43.1M
$81.0M
Q2 25
$71.0M
$136.0M
Q1 25
$20.1M
$76.0M
Q4 24
$51.9M
$112.0M
Q3 24
$73.8M
$157.0M
Q2 24
$108.4M
$125.0M
Gross Margin
LBRT
LBRT
WFRD
WFRD
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
WFRD
WFRD
Q1 26
2.2%
10.7%
Q4 25
1.9%
15.4%
Q3 25
-0.3%
14.4%
Q2 25
3.6%
19.7%
Q1 25
1.9%
11.9%
Q4 24
2.6%
14.8%
Q3 24
9.4%
17.2%
Q2 24
12.2%
18.8%
Net Margin
LBRT
LBRT
WFRD
WFRD
Q1 26
2.2%
9.5%
Q4 25
1.3%
10.7%
Q3 25
4.5%
6.6%
Q2 25
6.8%
11.3%
Q1 25
2.1%
6.4%
Q4 24
5.5%
8.4%
Q3 24
6.5%
11.1%
Q2 24
9.3%
8.9%
EPS (diluted)
LBRT
LBRT
WFRD
WFRD
Q1 26
$0.14
$1.49
Q4 25
$0.08
$1.91
Q3 25
$0.26
$1.12
Q2 25
$0.43
$1.87
Q1 25
$0.12
$1.03
Q4 24
$0.31
$1.53
Q3 24
$0.44
$2.06
Q2 24
$0.64
$1.66

Balance Sheet & Financial Strength

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

Metric
LBRT
LBRT
WFRD
WFRD
Cash + ST InvestmentsLiquidity on hand
$699.1M
$1.0B
Total DebtLower is stronger
$7.1M
$1.5B
Stockholders' EquityBook value
$1.9B
$1.8B
Total Assets
$4.4B
Debt / EquityLower = less leverage
0.00×
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
WFRD
WFRD
Q1 26
$699.1M
$1.0B
Q4 25
$27.6M
$987.0M
Q3 25
$13.5M
$967.0M
Q2 25
$19.6M
$943.0M
Q1 25
$24.1M
$873.0M
Q4 24
$20.0M
$916.0M
Q3 24
$23.0M
$920.0M
Q2 24
$30.0M
$862.0M
Total Debt
LBRT
LBRT
WFRD
WFRD
Q1 26
$7.1M
$1.5B
Q4 25
$246.6M
$1.5B
Q3 25
$1.5B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$190.5M
$1.6B
Q3 24
$1.6B
Q2 24
$1.6B
Stockholders' Equity
LBRT
LBRT
WFRD
WFRD
Q1 26
$1.9B
$1.8B
Q4 25
$2.1B
$1.7B
Q3 25
$2.1B
$1.6B
Q2 25
$2.0B
$1.5B
Q1 25
$2.0B
$1.4B
Q4 24
$2.0B
$1.3B
Q3 24
$2.0B
$1.3B
Q2 24
$1.9B
$1.2B
Total Assets
LBRT
LBRT
WFRD
WFRD
Q1 26
$4.4B
Q4 25
$3.6B
$5.2B
Q3 25
$3.5B
$5.3B
Q2 25
$3.4B
$5.1B
Q1 25
$3.4B
$5.1B
Q4 24
$3.3B
$5.2B
Q3 24
$3.3B
$5.2B
Q2 24
$3.2B
$5.1B
Debt / Equity
LBRT
LBRT
WFRD
WFRD
Q1 26
0.00×
0.84×
Q4 25
0.12×
0.86×
Q3 25
0.94×
Q2 25
1.04×
Q1 25
1.17×
Q4 24
0.10×
1.26×
Q3 24
1.21×
Q2 24
1.33×

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
WFRD
WFRD
Operating Cash FlowLast quarter
$136.0M
Free Cash FlowOCF − Capex
$85.0M
FCF MarginFCF / Revenue
7.4%
Capex IntensityCapex / Revenue
13.1%
4.7%
Cash ConversionOCF / Net Profit
1.25×
TTM Free Cash FlowTrailing 4 quarters
$470.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
WFRD
WFRD
Q1 26
$136.0M
Q4 25
$195.4M
$268.0M
Q3 25
$51.5M
$138.0M
Q2 25
$170.6M
$128.0M
Q1 25
$192.1M
$142.0M
Q4 24
$177.3M
$249.0M
Q3 24
$244.5M
$262.0M
Q2 24
$248.2M
$150.0M
Free Cash Flow
LBRT
LBRT
WFRD
WFRD
Q1 26
$85.0M
Q4 25
$-10.0M
$217.0M
Q3 25
$-67.2M
$94.0M
Q2 25
$33.1M
$74.0M
Q1 25
$58.2M
$65.0M
Q4 24
$-26.2M
$149.0M
Q3 24
$77.9M
$184.0M
Q2 24
$112.2M
$88.0M
FCF Margin
LBRT
LBRT
WFRD
WFRD
Q1 26
7.4%
Q4 25
-1.0%
16.8%
Q3 25
-7.1%
7.6%
Q2 25
3.2%
6.1%
Q1 25
6.0%
5.4%
Q4 24
-2.8%
11.1%
Q3 24
6.8%
13.1%
Q2 24
9.7%
6.3%
Capex Intensity
LBRT
LBRT
WFRD
WFRD
Q1 26
13.1%
4.7%
Q4 25
19.8%
4.0%
Q3 25
12.5%
3.6%
Q2 25
13.2%
4.5%
Q1 25
13.7%
6.5%
Q4 24
21.6%
7.5%
Q3 24
14.6%
5.5%
Q2 24
11.7%
4.4%
Cash Conversion
LBRT
LBRT
WFRD
WFRD
Q1 26
1.25×
Q4 25
14.28×
1.94×
Q3 25
1.20×
1.70×
Q2 25
2.40×
0.94×
Q1 25
9.55×
1.87×
Q4 24
3.42×
2.22×
Q3 24
3.31×
1.67×
Q2 24
2.29×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

WFRD
WFRD

Middle East/North Africa/Asia$476.0M41%
Europe/Sub-Sahara Africa/Russia$233.0M20%
Latin America$223.0M19%
North America$220.0M19%

Related Comparisons