LBRT (Liberty Energy) Debt-to-EBITDA : 2.37 (As of Jun. 2026) — 259% Above Median

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LBRT Liberty Energy Inc LBRT
83 GF Score
Price $20.04
GF Value $18.69
Valuation Fairly Valued
! 7 Warning Signs
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What is Liberty Energy Debt-to-EBITDA?

Liberty Energy LBRT +3.30% 83 Debt-to-EBITDA is 2.37 as of Jun. 2026, which is 259% above its 10-year median of 0.66. GuruFocus rates LBRT with a GF Score™ of 83/100 and a GF Value™ of $18.69 (Fairly Valued). The stock has 7 warning signs investors should review. Among 709 Oil & Gas companies, Liberty Energy ranks worse than 57.12% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Liberty Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $115 Mil. Liberty Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,499 Mil. Liberty Energy's annualized EBITDA for the quarter that ended in Jun. 2026 was $679 Mil. Liberty Energy's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.37.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Liberty Energy's Debt-to-EBITDA or its related term are showing as below:

LBRT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.95   Med: 0.66   Max: 63.71
Current: 2.45

During the past 11 years, the highest Debt-to-EBITDA Ratio of Liberty Energy was 63.71. The lowest was -7.95. And the median was 0.66.

LBRT's Debt-to-EBITDA is ranked worse than
57.12% of 709 companies
in the Oil & Gas industry
Industry Median: 2.01 vs LBRT: 2.45

Liberty Energy  (NYSE:LBRT) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Liberty Energy Debt-to-EBITDA Related Terms


Liberty Energy Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Liberty Energy's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Liberty Energy Debt-to-EBITDA Chart

Liberty Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 0.47 0.34 0.57 0.84

Liberty Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.83 1.05 2.64 2.37

LBRT vs NESR, WTTR, SEI: Debt-to-EBITDA Comparison

For the Oil & Gas Equipment & Services subindustry, Liberty Energy's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Liberty Energy Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Liberty Energy's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Liberty Energy's Debt-to-EBITDA falls into.


LBRT
83GF Score
Liberty Energy Inc LBRT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Energy Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Liberty Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(121.695 + 496.591) / 735.829
=0.84

Liberty Energy's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(114.565 + 1498.536) / 679.368
=2.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.37 mean?
Liberty Energy (LBRT) has a Debt-to-EBITDA of 2.37 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Liberty Energy. This is 259% above median its historical median of 0.66. According to the industry distribution chart, Liberty Energy ranks #405 out of 709 companies in the Oil & Gas industry, placing it in the top 57.1%.
Is Liberty Energy's Debt-to-EBITDA too high?
Liberty Energy's current Debt-to-EBITDA of 2.37 is 259% above median its 10-year median of 0.66. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Liberty Energy's value of 2.37 is 17.9% above this industry median. Based on the distribution chart, Liberty Energy ranks #405 out of 709 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Liberty Energy has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Liberty Energy's Debt-to-EBITDA compare to NESR and WTTR?
According to the Oil & Gas industry distribution chart, Liberty Energy ranks #405 out of 709 companies for Debt-to-EBITDA. This places Liberty Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Liberty Energy's value of 2.37 is 17.9% above this benchmark. While the company's 10-year median is 0.66 vs. the industry median of 2.01, Liberty Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 709 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Liberty Energy's current Debt-to-EBITDA of 2.37 is 17.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Liberty Energy. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Energy's current Debt-to-EBITDA is 2.37, which is 259% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Energy stock overvalued right now?
Based on GuruFocus' analysis, Liberty Energy (LBRT) is currently considered Fairly Valued. The stock's GF Value™ is $18.69, compared to a current price of $20.04 — trading 7.2% above its estimated fair value. The current Debt-to-EBITDA is 2.37, which is 259% above median its 10-year median of 0.66 and 17.9% above the Oil & Gas industry median of 2.01. Liberty Energy's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Liberty Energy (LBRT), the current Debt-to-EBITDA is 2.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Liberty Energy (LBRT) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Energy stock appears to be overvalued. The current stock price of $20.04 is trading 7.2% above its estimated GF Value™ of $18.69. GuruFocus considers Liberty Energy to be Fairly Valued.

Key valuation signals for LBRT:

  • Debt-to-EBITDA: 2.37 (259% above median its 10-year median of 0.66)
  • GF Value™: $18.69 vs. price of $20.04 (7.2% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 17.9% above the Oil & Gas median (#405 of 709)

No single metric tells the full story. See the LBRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Liberty Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 2LO:Germany
Address 950 17th Street, Suite 2400, Denver, CO, USA, 80202
Liberty Energy Inc is a integrated energy services and technology company focused on providing hydraulic fracturing services and related technologies to onshore oil and natural gas exploration and production (E&P) companies. The Company offers customers with hydraulic fracturing services, together with complementary services including wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods (including sand mine operations), and technologies to facilitate lower emission completions, thereby helping customers reduce emissions profile. The company provides services across USA and Canada.
83GF Score

Get the complete analysis for LBRT

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.04
Price
$18.69
GF Value