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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Liberty Energy's current 3-Year Share Buyback Ratio was 3.20%.
The historical rank and industry rank for Liberty Energy's 3-Year Share Buyback Ratio or its related term are showing as below:
LBRT'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -38.9 Med: -10.1 Max: 4.1
Current: 3.2
During the past 11 years, Liberty Energy's highest 3-Year Share Buyback Ratio was 4.10%. The lowest was -38.90%. And the median was -10.10%.
LBRT's 3-Year Share Buyback Ratio is ranked better than 92.55% of 685
companies
in the Oil & Gas industry
Industry Median: -3.5
vs LBRT: 3.20
Liberty Energy (NYSE:LBRT) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Liberty Energy 3-Year Share Buyback Ratio Related Terms
LBRT vs NESR, WTTR, SEI: 3-Year Share Buyback Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Liberty Energy's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Liberty Energy's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Liberty Energy's 3-Year Share Buyback Ratio falls into.
Liberty Energy 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 3.20 mean?
Liberty Energy (LBRT) has a 3-Year Share Buyback Ratio of 3.20 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Liberty Energy and its competitors. According to the industry distribution chart, Liberty Energy ranks #51 out of 685 companies in the Oil & Gas industry, placing it in the top 7.4%.
Is Liberty Energy's 3-Year Share Buyback Ratio too high?
Liberty Energy's current 3-Year Share Buyback Ratio is 3.20. Based on the distribution chart, Liberty Energy ranks #51 out of 685 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 3-Year Share Buyback Ratio compare to NESR and WTTR?
According to the Oil & Gas industry distribution chart, Liberty Energy ranks #51 out of 685 companies for 3-Year Share Buyback Ratio. This places Liberty Energy in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Oil & Gas company?
A good 3-Year Share Buyback Ratio depends on the Oil & Gas industry context. However, 3-Year Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Liberty Energy and its competitors. Liberty Energy's current 3-Year Share Buyback Ratio is 3.20. 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 $19.61 — trading 4.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is 3.20. 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 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Liberty Energy (LBRT), the current 3-Year Share Buyback Ratio is 3.20 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 $19.61 is trading 4.9% above its estimated GF Value™ of $18.69.
GuruFocus considers Liberty Energy to be Fairly Valued.
Key valuation signals for LBRT:
3-Year Share Buyback Ratio: 3.20
GF Value™: $18.69 vs. price of $19.61 (4.9% above fair value)
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 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
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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