LRN vs. LBRT
LRN (Stride, Inc.) and LBRT (Liberty Oilfield Services Inc.) are both stocks. LRN operates in Education & Training Services (Consumer Defensive), while LBRT operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, LRN returned 28.19%/yr vs 13.49%/yr for LBRT. At a 0.15 correlation, their price movements are largely independent.
Performance
LRN vs. LBRT - Performance Comparison
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Returns By Period
In the year-to-date period, LRN achieves a 53.44% return, which is significantly lower than LBRT's 68.80% return.
LRN
- 1D
- 1.76%
- 1M
- 7.99%
- YTD
- 53.44%
- 6M
- 62.77%
- 1Y
- -30.11%
- 3Y*
- 33.48%
- 5Y*
- 28.19%
- 10Y*
- 23.78%
LBRT
- 1D
- -0.61%
- 1M
- -8.46%
- YTD
- 68.80%
- 6M
- 63.23%
- 1Y
- 152.69%
- 3Y*
- 35.38%
- 5Y*
- 13.49%
- 10Y*
- —
LRN vs. LBRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LRN Stride, Inc. | 53.44% | -37.53% | 75.05% | 89.80% | -6.15% | 56.99% | 4.32% | -17.91% | 50.15% |
LBRT Liberty Oilfield Services Inc. | 68.80% | -4.91% | 11.23% | 14.83% | 65.57% | -5.92% | -6.51% | -12.62% | -40.12% |
Correlation
The correlation between LRN and LBRT is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jan 16, 2018 | 0.15 |
The correlation between LRN and LBRT shifts across timeframes, from -0.02 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LRN:
$4.74B
LBRT:
$5.16B
LRN:
$9.68
LBRT:
$0.91
LRN:
10.29
LBRT:
34.18
LRN:
0.26
LBRT:
2.05
LRN:
1.90
LBRT:
1.27
LRN:
2.89
LBRT:
2.65
LRN:
$2.54B
LBRT:
$4.05B
LRN:
$972.24M
LBRT:
$433.12M
LRN:
$424.60M
LBRT:
$688.45M
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Return for Risk
LRN vs. LBRT — Risk / Return Rank
LRN
LBRT
LRN vs. LBRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stride, Inc. (LRN) and Liberty Oilfield Services Inc. (LBRT). 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.
| LRN | LBRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -3.46 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.41 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 5.87 | -6.34 |
| Martin ratioReturn relative to average drawdown | -0.73 | 14.46 | -15.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LRN | LBRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.45 | 2.48 | -2.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.25 | +0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.08 | +0.07 |
Drawdowns
LRN vs. LBRT - Drawdown Comparison
The maximum LRN drawdown since its inception was -81.41%, smaller than the maximum LBRT drawdown of -90.02%. Use the drawdown chart below to compare losses from any high point for LRN and LBRT.
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Drawdown Indicators
| LRN | LBRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.41% | -90.02% | +8.61% |
Max Drawdown (1Y)Largest decline over 1 year | -64.07% | -26.19% | -37.88% |
Max Drawdown (3Y)Largest decline over 3 years | -64.07% | -58.84% | -5.23% |
Max Drawdown (5Y)Largest decline over 5 years | -64.07% | -58.84% | -5.23% |
Max Drawdown (10Y)Largest decline over 10 years | -64.07% | — | — |
Current DrawdownCurrent decline from peak | -41.33% | -8.46% | -32.87% |
Average DrawdownAverage peak-to-trough decline | -36.27% | -35.67% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.53% | 10.61% | +30.92% |
Volatility
LRN vs. LBRT - Volatility Comparison
The current volatility for Stride, Inc. (LRN) is 7.85%, while Liberty Oilfield Services Inc. (LBRT) has a volatility of 12.09%. This indicates that LRN experiences smaller price fluctuations and is considered to be less risky than LBRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRN | LBRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.85% | 12.09% | -4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 23.81% | 36.66% | -12.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.31% | 62.19% | +5.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.38% | 54.94% | -3.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.23% | 64.78% | -15.55% |
Dividends
LRN vs. LBRT - Dividend Comparison
LRN has not paid dividends to shareholders, while LBRT's dividend yield for the trailing twelve months is around 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LBRT Liberty Oilfield Services Inc. | 1.09% | 1.79% | 1.46% | 1.21% | 0.31% | 0.00% | 0.48% | 1.80% | 0.77% |
LRN Stride, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
LRN vs. LBRT - Financials Comparison
This section allows you to compare key financial metrics between Stride, Inc. and Liberty Oilfield Services Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LRN vs. LBRT - Profitability Comparison
LRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a gross profit of 231.56M and revenue of 629.87M. Therefore, the gross margin over that period was 36.8%.
LBRT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a gross profit of 63.31M and revenue of 1.02B. Therefore, the gross margin over that period was 6.2%.
LRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported an operating income of 129.08M and revenue of 629.87M, resulting in an operating margin of 20.5%.
LBRT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported an operating income of 3.77M and revenue of 1.02B, resulting in an operating margin of 0.4%.
LRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a net income of 248.49M and revenue of 629.87M, resulting in a net margin of 39.5%.
LBRT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liberty Oilfield Services Inc. reported a net income of 22.56M and revenue of 1.02B, resulting in a net margin of 2.2%.
Frequently Asked Questions
LRN and LBRT have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LBRT has higher volatility (12.09%) compared to LRN (7.85%). In terms of maximum drawdown, LRN dropped -81.41% vs LBRT's -90.02%.
LBRT currently has the higher Sharpe Ratio (2.48 vs -0.45), 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.
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