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AI brief of an SEC Form 8-K · Liberty Energy (LBRT)

Liberty Energy 2024 net income falls to $316 million from $556 million

Negative Impact 3 of 5 earnings Written later

Liberty Energy reported full-year 2024 revenue of $4.3 billion, down 9%, and net income of $316 million, or $1.87 per diluted share, compared with $556 million, or $3.15, in 2023. Fourth-quarter revenue fell 12% from a year earlier to $944 million, and diluted EPS was $0.31 versus $0.54. For shareholders, earnings declined sharply, though the company said it expects a modest sequential increase in first-quarter revenue and Adjusted EBITDA.

Key points

  • Full-year 2024 revenue was $4.3 billion, down 9% from $4.7 billion; Adjusted EBITDA was $922 million, down 24%.
  • Fourth-quarter 2024 net income was $52 million, or $0.31 per diluted share, versus $92 million and $0.54 a year earlier.
  • Fourth-quarter Adjusted EBITDA was $156 million, down 38% from $253 million in the fourth quarter of 2023.
  • The Board declared a $0.08 quarterly dividend payable March 20, 2025; the company expects a modest sequential increase in first-quarter 2025 revenue and Adjusted EBITDA.

The filing

CompanyLiberty Energy (LBRT)
Form8-K, current report
Filed with the SECJan 29, 2025, 4:56 PM ET
Accession number0001694028-25-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.