Financial Statements

Liberty Energy Inc. (LBRT)

$14.91

+0.07 (+0.47%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 23143119--
Net Income -179-11639126169
Stock Dividends 00-0-7-169
Dividend Paid -0-4-15--
Retained Earnings -15623143119-

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,236760627495-
Annual Depreciation 291579328391807
Capital Expenditure -199-104-195-259-312
Net PPE 1,3271,236760627495

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----13
Intangible and Goodwill -----

Liberty Energy Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Liberty Energy Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.