Liberty Energy Inc. (LBRT) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.73x

Liberty Energy Inc. (LBRT) has a Cash Flow Reinvestment Rate of 1.73x as of June 2026, reinvesting $229.64 Million (capex $223.86 Million plus investments $-5.78 Million) from operating cash flow of $133.04 Million. For the full cash flow conversion analysis, see cash efficiency ratio of Liberty Energy Inc..

Reinvestment Rate

1.73x
(Capex + Investments) / Operating CF

Total Reinvested

$229.64 Million
Capex + Investments

Operating Cash Flow

$133.04 Million
USD

Capital Expenditures

$223.86 Million
USD

Liberty Energy Inc. Cash Flow Reinvestment Rate (2015–2025)

Historical reinvestment intensity for Liberty Energy Inc. across 10 annual periods. See financial agility of Liberty Energy Inc. to measure the company's free cash flow as a share of total liabilities.

Annual Cash Flow Reinvestment Rate for Liberty Energy Inc. (2015–2025)

Year-by-year capital reinvestment analysis for Liberty Energy Inc.. See LBRT free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.22x $746.47 Million $609.60 Million $595.49 Million ▼ -21.5%
2024 1.56x $1.29 Billion $829.37 Million $651.03 Million ▲ +26.8%
2023 1.23x $1.25 Billion $1.01 Billion $603.30 Million ▲ +37.6%
2022 0.89x $474.32 Million $530.36 Million $459.32 Million ▼ -42.8%
2021 1.56x $211.90 Million $135.47 Million $198.79 Million ▼ -34.5%
2020 2.39x $203.91 Million $85.42 Million $103.64 Million ▲ +60.0%
2019 1.49x $389.52 Million $261.10 Million $195.17 Million ▲ +1.9%
2018 1.46x $514.33 Million $351.26 Million $258.83 Million ▼ -54.1%
2017 3.19x $621.84 Million $195.11 Million $311.79 Million ▼ -49.3%
2015 6.29x $38.49 Million $6.12 Million $38.49 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow