LBRT vs. PUMP

Last updated Jul 21, 2026

LBRT (Liberty Oilfield Services Inc.) and PUMP (ProPetro Holding Corp.) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 5 years, LBRT returned 16.39%/yr vs 9.81%/yr for PUMP. A 0.73 correlation means they provide meaningful diversification when combined.

Performance

LBRT vs. PUMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Liberty Oilfield Services Inc. (LBRT) and ProPetro Holding Corp. (PUMP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBRT achieves a 31.19% return, which is significantly lower than PUMP's 35.65% return.

LBRT

• 1D: 0.96%
• 1M: -11.44%
• 6M: 19.95%
• YTD: 31.19%
• 1Y: 116.04%
• 3Y*: 18.21%
• 5Y*: 16.39%
• 10Y*: —
• ALL TIME*: 2.61%

PUMP

• 1D: -0.77%
• 1M: -12.54%
• 6M: 25.36%
• YTD: 35.65%
• 1Y: 127.51%
• 3Y*: 9.45%
• 5Y*: 9.81%
• 10Y*: —
• ALL TIME*: -1.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LBRT vs. PUMP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LBRT Liberty Oilfield Services Inc.	31.19%	-4.91%	11.23%	14.83%	65.57%	-5.92%	-6.51%	-12.62%	-38.56%
PUMP ProPetro Holding Corp.	35.65%	1.93%	11.34%	-19.19%	28.02%	9.61%	-34.31%	-8.69%	-42.83%

Correlation

The correlation between LBRT and PUMP is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 12, 2018	0.73

The correlation between LBRT and PUMP has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

Fundamentals

Market Cap LBRT : $3.93B PUMP : $1.58B
EPS LBRT : $0.91 PUMP : -$0.22
PS Ratio LBRT : 0.99 PUMP : 1.55
PB Ratio LBRT : 2.05 PUMP : 1.53
Total Revenue (TTM) LBRT : $4.05B PUMP : $909.74M
Gross Profit (TTM) LBRT : $433.12M PUMP : $79.21M
EBITDA (TTM) LBRT : $688.45M PUMP : $158.47M

Return for Risk

LBRT vs. PUMP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LBRT

LBRT Risk / Return Rank: 90
LBRT Sharpe Ratio Rank: 91
LBRT Sortino Ratio Rank: 91
LBRT Omega Ratio Rank: 89
LBRT Calmar Ratio Rank: 91
LBRT Martin Ratio Rank: 90

PUMP

PUMP Risk / Return Rank: 89
PUMP Sharpe Ratio Rank: 87
PUMP Sortino Ratio Rank: 90
PUMP Omega Ratio Rank: 88
PUMP Calmar Ratio Rank: 91
PUMP Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LBRT vs. PUMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Liberty Oilfield Services Inc. (LBRT) and ProPetro Holding Corp. (PUMP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LBRT	PUMP	Difference
Sharpe ratio: Return per unit of total volatility	1.90	1.61	+0.29
Sortino ratio: Return per unit of downside risk	2.85	2.79	+0.06
Omega ratio: Gain probability vs. loss probability	1.35	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	3.75	3.82	-0.08
Martin ratio: Return relative to average drawdown	9.68	8.65	+1.03

LBRT vs. PUMP - Sharpe Ratio Comparison

The current LBRT Sharpe Ratio is 1.90, which is comparable to the PUMP Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of LBRT and PUMP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LBRT vs. PUMP - Drawdown Comparison

The maximum LBRT drawdown since its inception was -90.02%, roughly equal to the maximum PUMP drawdown of -93.88%. Use the drawdown chart below to compare losses from any high point for LBRT and PUMP.

Drawdown Indicators

	LBRT	PUMP	Difference
Max Drawdown Largest peak-to-trough decline	-90.02%	-93.88%	+3.86%
Max Drawdown (1Y) Largest decline over 1 year	-31.16%	-33.57%	+2.41%
Max Drawdown (3Y) Largest decline over 3 years	-58.84%	-59.13%	+0.29%
Max Drawdown (5Y) Largest decline over 5 years	-58.84%	-72.15%	+13.31%
Current Drawdown Current decline from peak	-28.85%	-47.69%	+18.84%
Average Drawdown Average peak-to-trough decline	-35.46%	-52.07%	+16.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.04%	14.80%	-2.76%

Volatility

LBRT vs. PUMP - Volatility Comparison

The current volatility for Liberty Oilfield Services Inc. (LBRT) is 13.74%, while ProPetro Holding Corp. (PUMP) has a volatility of 17.85%. This indicates that LBRT experiences smaller price fluctuations and is considered to be less risky than PUMP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBRT	PUMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.74%	17.85%	-4.11%
Volatility (6M) Calculated over the trailing 6-month period	38.10%	41.34%	-3.24%
Volatility (1Y) Calculated over the trailing 1-year period	61.55%	79.64%	-18.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.47%	61.93%	-7.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.59%	70.85%	-6.26%

Dividends

LBRT vs. PUMP - Dividend Comparison

LBRT's dividend yield for the trailing twelve months is around 1.45%, while PUMP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LBRT Liberty Oilfield Services Inc.	1.45%	1.79%	1.46%	1.21%	0.31%	0.00%	0.48%	1.80%	0.77%
PUMP ProPetro Holding Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both LBRT and PUMP in my portfolio?

LBRT and PUMP have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBRT or PUMP?

PUMP has higher volatility (17.85%) compared to LBRT (13.74%). In terms of maximum drawdown, LBRT dropped -90.02% vs PUMP's -93.88%.

Which has better risk-adjusted returns?

LBRT currently has the higher Sharpe Ratio (1.90 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.