Below are the financial statements of Liberty Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 19.98a | 36.78a |
| Accounts receivable - trade, net of allowances for credit losses | 350.41a | 381.19a |
| Accounts receivable - related party | 4.23a | 17.35a |
| Unbilled revenue | 185.21a | 188.94a |
| Inventories | 203.47a | 205.87a |
| Prepaid and other current assets | 85.21a | 124.14a |
| Total current assets | 848.52a | 954.25a |
| Property and equipment, net | 1,891a | 1,645.37a |
| Finance lease right-of-use assets | 283.11a | 182.32a |
| Operating lease right-of-use assets | 73.32a | 92.64a |
| Other assets | 119.4a | 127.33a |
| Investment in Nomad Proppant Services LLC | 10.67a | 11.36a |
| Investment in Oklo Inc. | 51.61a | 10a |
| Investment in Tamboran Resources Corporation | 18.75a | 10.28a |
| Total assets | 3,296.39a | 3,033.56a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 314.12a | 293.73a |
| Accrued liabilities | 206.71a | 261.07a |
| Income taxes payable | 9.69a | 12.06a |
| Current portion of payable pursuant to tax receivable agreements | 40.78a | 5.17a |
| Current portion of finance lease liabilities | 66.65a | 39.87a |
| Current portion of operating lease liabilities | 28.57a | 27.53a |
| Total current liabilities | 666.52a | 639.42a |
| Long-term debt | 190.5a | 140a |
| Deferred tax liability | 137.73a | 102.34a |
| Payable pursuant to tax receivable agreements | 74.89a | 112.47a |
| Noncurrent portion of finance lease liabilities | 203.51a | 133.65a |
| Noncurrent portion of operating lease liabilities | 44.38a | 64.26a |
| Total liabilities | 1,317.53a | 1,192.15a |
| Stockholders’ equity | — | — |
| Preferred stock | 0a | 0a |
| Common stock | — | — |
| Class A | 1.62a | 1.67a |
| Class B | 0a | 0a |
| Additional paid in capital | 977.48a | 1,093.5a |
| Retained earnings | 1,019.52a | 752.33a |
| Accumulated other comprehensive loss | -19.75a | -6.08a |
| Total stockholders’ equity | 1,978.87a | 1,841.41a |
| Total liabilities and equity | 3,296.39a | 3,033.56a |
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