---
schema_version: "secwatch.filing_event.v1"
accession: "0001694028-24-000002"
form_type: "8-K"
ticker: "LBRT"
cik: "0001694028"
company_name: "Liberty Energy Inc."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:19:12.903638+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Liberty Energy reports record FY 2023 EPS of $3.15, revenue $4.7B; boosts buyback to $750M, raises dividend 40%

## Summary
- Full year 2023 revenue $4.7B (+14% YoY); net income $556M ($3.15 diluted EPS) up 39% and 49% respectively.
- Q4 2023 revenue $1.1B; net income $92M ($0.54 diluted EPS); Adjusted EBITDA $253M (-15% YoY).
- Share repurchase authorization increased to $750M through July 2026; $422M remaining; $241M returned to shareholders in 2023.
- Quarterly dividend raised 40% to $0.07 per share; paid $38M in dividends in 2023.
- Achieved 40% Adjusted Pre-Tax ROCE and 34% CROCI for 2023; expects 90% of fleets to be natural gas-powered by end of 2024.

## SEC filing metadata
- accession: 0001694028-24-000002
- form_type: 8-K
- ticker: LBRT
- cik: 0001694028
- company_name: Liberty Energy Inc.
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694028/000169402824000002/0001694028-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694028/000169402824000002/lbrt-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001694028-24-000002
- JSON: https://secwatch.observer/filing/0001694028-24-000002.json
- Plain text: https://secwatch.observer/filing/0001694028-24-000002.txt

## Key facts
- Earnings Releases
  Liberty Energy Inc. reported the fourth quarter ended December 31, 2023 results: revenue Fourth quarter 2023 revenue of $1.1 billion, net income fourth quarter 2023 ... net income 1 of $92 million, or $0.54 fully diluted earnings per share, EPS $0.54 fully diluted earnings per share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: Fourth quarter 2023 revenue of $1.1 billion
  - Net income: fourth quarter 2023 ... net income 1 of $92 million, or $0.54 fully diluted earnings per share
  - EPS: $0.54 fully diluted earnings per share
  - Result: reported results
  source text: Fourth quarter 2023 revenue of $1.1 billion and net income 1 of $92 million, or $0.54 fully diluted earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402824000002/0001694028-24-000002-index.htm
- Earnings Releases
  Liberty Energy Inc. reported the fourth quarter and full year ended December 31, 2023 results: revenue Revenue of $4.7 billion for the year ended December 31, 2023, net income Net income 1 of $556 million, or $3.15 fully diluted earnings per share ("EPS"), for the year ended December 31, 2023, EPS $3.15 fully diluted earnings per share ("EPS").
  - Period: the fourth quarter and full year ended December 31, 2023
  - Revenue: Revenue of $4.7 billion for the year ended December 31, 2023
  - Net income: Net income 1 of $556 million, or $3.15 fully diluted earnings per share ("EPS"), for the year ended December 31, 2023
  - EPS: $3.15 fully diluted earnings per share ("EPS")
  - Result: reported results
  source text: Liberty Energy Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operational Results and Increase in Existing Share Repurchase Authorization to $750 Million January 24, 2024 Denver - (Business Wire) - Liberty Energy Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today full year and fourth quarter 2023 financial and operational results. Summary Results and Highlights • Revenue of $4.7 billion for the year ended December 31, 2023 • Net income 1 of $556 million, or $3.15 fully diluted earnings per share ("EPS"), for the year ended December 31, 2023, up 39% and 49%, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402824000002/0001694028-24-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.