On this page of Benford's Law Stocks.com we present our study of Liberty Energy Inc. — ticker symbol LBRT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/24/2021 to 10/17/2025 for Liberty Energy Inc. under CIK number 0001694028. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LBRT, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Liberty Energy Inc. based on the past LBRT filings our system processed in the past.
38.2
15.4
12.3
9.3
4.5
4.5
5.2
4.9
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LBRT stockholder letter ]
Total numbers found: 668
Recent share count: 161,955,730 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
668
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
84

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
LBRT
Normal score compared to other filers, falling within the middle 50%.
GD
HUM
MHK
NET
GPMT
J
MCY
MMM
Check our work! We provide our Liberty Energy Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LBRT filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 255 numbers that start with the digit 1. Here they are:
1
1
161,966,952
13,454
19,984
187,625
185,210
184,420
122,733
1,925,871
1,890,998
135,928
119,402
10,674
115,651
18,751
190,500
180,883
137,728
1,433,720
1,317,525
10,000
161,966,952
161,858,784
1,620
1,619
1,113,968
1,019,517
16,046
19,751
1,978,869
1,111,953
1,138,578
182,403
169,300
122,981
126,395
1,210
1,031,300
107,278
155,883
10,902
11,316
125,276
19,241
178,102
11,977
134,182
1.59
1.55
161,959
164,741
161,921
165,755
165,066
168,595
165,126
169,947
134,182
1,647
137,887
161,859
1,619
1,019,517
19,751
1,978,869
1,546
16
1,654
17
16,870
16,853
134,182
134,182
161,967
1,620
1,113,968
16,046
166,610
1,666
1,093,498
1,841,408
1,522
15
19,782
19,767
163,393
1,634
1,968,998
134,182
155,883
16,882
16,320
1,234
1,239
16,056
15,208
1,350,000
1,671,000
1,287,500
1,688,000
16,835
19,767
118,588
13,687
19,984
13,454
131,517
19.6
12.6
1.8
1
16,214
18,629
162,240
175,499
184,420
156,977
163,889
168,478
180,010
13,020
12,532
1,929,083
1,917,551
1,712,702
1,679,105
1,925,871
1,890,998
104.6
111.3
12.7
1.2
14,693
11,610
15,446
11,973
1,567
1,499
18,699
14,252
128,980
108,846
17,678
12,211
12.8
156,977
163,889
102,118
122,666
1,203
11.3
11.1
190,500
14.0
132.1
1.0
1.25
1.0
10
12.7
115.7
144.9
10.0
18.8
13.5
12
14
10
12
11
11
11
12
1.0
16.93
1,669,946
14.22
1,619,876
15.98
15.92
15.93
1,106,939
15.10
16.12
13.88
16.44
10.2
13.0
11.5
1.1
1.3
1.5
1,939,072
1,546,138
15.50
134,182
161,959
164,741
161,921
165,755
1.59
134,182
161,959
164,741
161,921
165,755
165,066
168,595
165,126
169,947
1.55
12.0
180.9
137.7
115.7
1.00
11.1
10.0
144.9
10.0
1.9
10.7
1.0
1.0
1
105,963
1.4
161,956
1,620
1,084,192
13,669
13,279
13,279
11
18
18
161,967
1,620
1,113,968
16,046
165,332
1,653
1,027,939
11,533
1,936,895
11,726
11,726
1,939
19
1,647
1,647
163,393
1,634
1,968,998
We found 103 numbers that start with the digit 2. Here they are:
203,469
283,113
24,459
248
201,846
206,713
26,164
28,570
253,000
211,975
203,511
2,069,665
2,961,532
26,625
2,967,379
2,343,484
2,458,752
2,914,553
2,419
2,727
24,193
22,158
264,117
27
26
264,117
2,377
260,315
24
23,942
23,958
2,069,665
21
22,318
22,318
264,117
264,117
264,117
22,318
202
22,148
24,882
210,804
222
23,012
23,076
25,174
203,469
26,275
213,169
211,893
2.8
26,938
26,945
2,570
2,425
27,586
27,072
26,898
25,223
23,071
26,321
26,185
2,872
2,239
28.9
201,846
206,713
253,000
253.0
2.0
2.25
25
2.5
253,000
253,000
24.5
20.0
2,938,408
2,922,883
22.3
23,958
20.29
20.91
270.2
264,117
27
264,117
26
24.7
23.5
22.2
29.9
27.9
26.6
2
20,257
24,145
2.9
2,034,983
2,377
2,377
2,069,665
We found 82 numbers that start with the digit 3. Here they are:
386,176
350,412
328,179
3,503,385
3,296,394
350,102
314,123
3,503,385
3,296,394
3,280,774
3,371,587
380,089
372,886
3,007,043
364,544
30,607
345,303
3,705
3,802
39,731
39,731
31
31
33,482
33,482
3,705
3,705
35,531
35,531
3,802
3,802
380,089
372,886
33,482
3,606
3,153
39,215
33,951
334
390,106
302,327
34,446
39,900
35,308
36,784
30,261
30,041
3,139,206
3,068,681
3,641,785
3,596,656
327.2
332.2
3
30,454
31,610
37,261
342,290
38,949
303,341
3,442
39.4
399.1
375
3.5
3
33.5
38.8
34.7
39,350
3,107
3,854
3,205
3.6
3.2
3
360,000
3,888
39,331
39,350
393
393
4's 5's 6's
We found 62 numbers that start with the digit 4. Here they are:
4,234
40,776
43,479
44,377
400,000,000
400,000,000
4,474
478
43,920
43,055
45
44
43,055
40,678
4,739
47
42,107
4,474
4,090
4,234
41,471
40,698
47,745
414,163
447,542
454,965
40,757
4,660
40,241
41,883
4.0
42,098
4,680
4,612
4,887
46,428
4,552
47,475
4.4
4.3
40,541
41,223
48,140
4.0
481
479,406
43.6
4,739,041
43,055
45
43,055
4,192
44
43.9
40.8
40.8
4.2
4
4.9
4
43,055
43,055
We found 30 numbers that start with the digit 5. Here they are:
51,611
582
5,847
58,284
58,614
52,826
57,451
55,032
54,054
5,189
52,610
5.1
5,966
57,552
5,356
543
5,573
54,859
56,375
525.0
52.5
51.6
57.6
5.4
5.7
5.2
5.8
5
57.6
5
We found 30 numbers that start with the digit 6. Here they are:
66,648
677,203
666,523
67,180
6,017
6,105
68,353
6,084
652
652
6,105
6,276
63,354
652,082
6,752
6,894
61,433
69,509
6.7
69,643
69,380
6.9
6.8
627
65,595
638,350
6
67.2
6
6
7's 8's 9's
We found 35 numbers that start with the digit 7. Here they are:
70,179
73,322
7,725
74,886
769,761
7,766
73,804
73,804
75,451
752,328
7,766
70,986
790
76,684
7.4
7.1
7.4
79,581
79,417
73,591
76,747
750.0
750.0
7.3
750.0
73,804
73,804
74.9
7.7
74.9
79.7
7,301
7,301
73,804
73,804
We found 33 numbers that start with the digit 8. Here they are:
848
85,214
894,408
848,523
8,710
840,274
811
8,589
81,186
83
81
80,839
8,633
85
80,277
80,070
8,765
87,885
8,788
84,129
8,982
84,326
80.8
8
848
8.1
83
81
81.2
80.8
8.7
8,121
8,121
We found 38 numbers that start with the digit 9. Here they are:
994
9,693
91,366
970,123
977,484
947,397
90,813
947,397
949,816
95,962
977,484
970,123
99,046
99,093
996,336
980,914
9,886
99,094
907
9,341
9
9,204
9,254
91,664
9,809
9,101
9,774
994
947,995
99,093
9.9
9.9
962,840
970,123
918,836
996,336
980,914
9,886
While the above LBRT 10Q Filed 10/17/2025 is interesting in isolation, we have found that it is also useful to take a look at older Liberty Energy Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 10/17/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LBRT 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

38.2
15.4
12.3
9.3
4.5
4.5
5.2
4.9
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 668

= Typical LBRT range from 2/24/2021 to 10/17/2025
35.5
14.4
14.1
7.6
7.3
6.2
5.8
4.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 780

= Typical LBRT range from 2/24/2021 to 10/17/2025
39.1
14.0
9.1
5.3
7.0
3.6
9.1
5.7
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 37
XBRL?   [ original filing ]
Total numbers found: 527

= Typical LBRT range from 2/24/2021 to 10/17/2025
43.2
16.0
8.4
5.5
5.6
4.5
5.4
4.4
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 821

= Typical LBRT range from 2/24/2021 to 10/17/2025
40.9
16.1
10.7
7.3
3.4
6.1
6.2
5.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 824

= Typical LBRT range from 2/24/2021 to 10/17/2025
41.6
15.2
6.9
5.7
8.3
6.2
5.2
6.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 841

= Typical LBRT range from 2/24/2021 to 10/17/2025
33.2
15.1
10.1
11.0
9.4
7.2
5.6
6.3
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 555

= Typical LBRT range from 2/24/2021 to 10/17/2025
42.7
15.8
7.2
5.0
6.5
6.0
6.0
5.7
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 665

= Typical LBRT range from 2/24/2021 to 10/17/2025
39.2
16.5
10.5
7.7
4.1
5.6
5.2
5.0
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 727

= Typical LBRT range from 2/24/2021 to 10/17/2025
37.7
18.3
9.7
6.0
6.7
4.8
7.3
2.7
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 846

= Typical LBRT range from 2/24/2021 to 10/17/2025
36.9
18.5
6.3
7.0
6.1
5.3
8.2
4.3
7.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 43
XBRL?   [ original filing ]
Total numbers found: 588

= Typical LBRT range from 2/24/2021 to 10/17/2025
40.5
14.7
7.2
6.1
9.1
5.6
5.1
6.4
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 817

= Typical LBRT range from 2/24/2021 to 10/17/2025
38.9
12.8
10.5
8.1
5.4
7.1
7.0
6.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 802

= Typical LBRT range from 2/24/2021 to 10/17/2025
35.7
15.3
9.5
9.6
8.5
7.3
4.5
5.6
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 933

= Typical LBRT range from 2/24/2021 to 10/17/2025
40.4
15.7
10.4
5.3
5.7
3.5
6.7
6.9
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 492

= Typical LBRT range from 2/24/2021 to 10/17/2025
45.6
14.3
10.0
4.4
5.6
4.7
5.5
4.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 728

= Typical LBRT range from 2/24/2021 to 10/17/2025
39.3
20.3
9.7
6.3
3.4
5.7
5.1
4.7
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 822

= Typical LBRT range from 2/24/2021 to 10/17/2025
38.9
17.4
8.0
7.5
6.1
4.8
6.6
4.5
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 912

= Typical LBRT range from 2/24/2021 to 10/17/2025
34.6
15.3
10.3
8.6
6.5
6.9
6.5
6.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 581

= Typical LBRT range from 2/24/2021 to 10/17/2025
34.2
12.9
7.0
10.8
9.5
7.8
5.4
9.3
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 45
XBRL?   [ original filing ]
Total numbers found: 796

= Typical LBRT range from 2/24/2021 to 10/17/2025
 

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