Liberty Energy Inc. (LBRT) — Capital Reinvestment Ratio
Liberty Energy Inc. (LBRT) has a Capital Reinvestment Ratio of 1.68x as of June 2026, meaning it reinvests 2% of its operating cash flow ($133.04 Million) in capital expenditures ($223.86 Million). For the full cash flow conversion analysis, see cash flow conversion of Liberty Energy Inc..
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Liberty Energy Inc. Capital Reinvestment Ratio (2015–2025)
This chart tracks Liberty Energy Inc.'s Capital Reinvestment Ratio across 10 annual periods. Check Liberty Energy Inc. cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Annual Capital Reinvestment Ratio for Liberty Energy Inc. (2015–2025)
Year-by-year Capital Reinvestment Ratio for Liberty Energy Inc. from 2015 to 2025. See Liberty Energy Inc. (LBRT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.98x | $609.60 Million | $595.49 Million | ▲ +24.4% |
| 2024 | 0.78x | $829.37 Million | $651.03 Million | ▲ +32.0% |
| 2023 | 0.59x | $1.01 Billion | $603.30 Million | ▼ -31.3% |
| 2022 | 0.87x | $530.36 Million | $459.32 Million | ▼ -41.0% |
| 2021 | 1.47x | $135.47 Million | $198.79 Million | ▲ +21.0% |
| 2020 | 1.21x | $85.42 Million | $103.64 Million | ▲ +62.3% |
| 2019 | 0.75x | $261.10 Million | $195.17 Million | ▲ +1.4% |
| 2018 | 0.74x | $351.26 Million | $258.83 Million | ▼ -53.9% |
| 2017 | 1.60x | $195.11 Million | $311.79 Million | ▼ -74.6% |
| 2015 | 6.29x | $6.12 Million | $38.49 Million | — |