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The NASA/GEWEX Surface Radiation Budget Version 4 (SRB Rel4) product is now publicly available, covering the period from July 1983 through June 2017. This supersedes the SRB Rel3 (Stackhouse et al., 2011) product which has been used in the community for a wide variety of applications, including climate model validation, agriculture, solar energy, and architecture. SRB Rel4 uses the newly recalibrated and processed ISCCP HXS product as its primary input for cloud and radiance data, replacing ISCCP DX with a ninefold increase in pixel count (10km instead of 30km). This version retains a 1°x1° resolution but benefits from a much larger number of samples per grid box than the SRB Rel3. ISCCP also provides an atmospheric temperature and moisture dataset known as nnHIRS which we use here, along with Seaflux and Landflux surface and near-surface meteorological parameters. Rel4 incorporates several important algorithm improvements. These include recalculated shortwave (SW) atmospheric transmissivities and reflectivities yielding a somewhat less transmissive atmosphere. Both shortwave and longwave (LW) now also include variable aerosol composition and radiative properties, allowing for the use of a detailed aerosol history from the Max Planck Institute Aerosol Climatology (MACv1). LW and SW algorithms now produce pristine sky fluxes, allowing the aerosol flux effects to be quantified. For SW, ocean albedo and snow/ice albedo are improved from Release 3. Total solar irradiance is now variable, and reduced to an average of 1361 Wm-2. The radiative treatment of ice cloud is improved. For the LW, a climatological monthly varying spectral surface emissivity is added. Here we evaluate the SRB Rel4 top of atmosphere (TOA) and surface fluxes in the context of weather states and oceanic regions. Weather states (Tselioudis et al., 2013, Tselioudis et al., 2021) are defined by K-means clustering 2-D histograms of satellite-retrieved cloud optical depths and cloud top pressures. The most recent (Tselioudis et al., 2021) weather states derived from the International Satellite Cloud Climatology Project (ISCCP) H-series data results in eight cloud weather states and one clear sky weather state, for a total of nine weather states. We examine the statistics of SRB Rel4 fluxes for each weather state and a variety of relevant land and ocean regions. We compare to similar analyses performed on CERES EBAF and SYN1Deg flux products, and validate against Baseline Surface Radiometer Network (BSRN) land stations and Pacific Marine Environmental Laboratory (PMEL) ocean buoy data. It is demonstrated that the weather state concept is valuable when examining the comparative strengths and weaknesses of satellite radiative flux algorithms.