Diamondback Energy profit margin FANG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 8.6%
- Operating margin, 12 months
- 6.3%
- Net margin on a year earlier
- −18.7 pts
- Peer median
- 21.3%
Over the twelve months to Jun 30, 2026, Diamondback Energy kept 8.6% of its revenue as net profit, with an operating margin of 6.3%.
Five years earlier its net margin was −30.3%.
The median for 10 oil and gas producers of a similar size is 21.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.1% | 8.4% | n/a |
| FY2024 | 30.2% | 39.7% | 88.5% |
| FY2023 | 37.4% | 54.3% | 95.3% |
| FY2022 | 45.5% | 67.5% | 97.1% |
| FY2021 | 32.1% | 58.9% | 95.9% |
| FY2020 | n/a | n/a | 91.3% |
| FY2019 | 6.1% | 17.5% | 95.5% |
| FY2018 | 38.9% | 46.5% | 95.5% |
| FY2017 | 40.0% | 50.2% | n/a |
| FY2016 | −31.3% | −13.0% | n/a |
| FY2015 | n/a | n/a | n/a |
| FY2014 | 39.1% | 42.9% | n/a |
| FY2013 | 26.2% | 45.8% | n/a |
| FY2012 | −48.7% | 23.1% | n/a |
| FY2011 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 8.6% | −18.7 pts | 6.3% | |
| Q1 FY26 | 1.9% | −29.0 pts | −1.9% | |
| Q4 FY25 | 11.1% | −19.1 pts | 8.4% | |
| Q3 FY25 | 27.3% | −6.3 pts | 35.5% | |
| Q2 FY25 | 27.2% | −10.3 pts | 35.0% | |
| Q1 FY25 | 30.8% | −5.9 pts | 38.4% | |
| Q4 FY24 | 30.2% | −7.2 pts | 39.7% | |
| Q3 FY24 | 33.6% | −5.2 pts | 43.7% | |
| Q2 FY24 | 37.5% | −4.1 pts | 51.9% | |
| Q1 FY24 | 36.7% | −10.4 pts | 53.5% | |
| Q4 FY23 | 37.4% | −8.1 pts | 54.3% | |
| Q3 FY23 | 38.8% | −6.6 pts | 56.3% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Diamondback Energy's size, closest first, today.
| Company | Profit margin |
|---|---|
| FANGDiamondback Energy | 8.6% |
| DVNDevon Energy | 16.7% |
| OXYOccidental Petroleum | 30.3% |
| EOGEOG Resources | 25.4% |
| EQTEQT | 28.4% |
| TPLTexas Pacific Land | 60.3% |
| EXEExpand Energy | 20.5% |
| PRPermian Resources | 21.5% |
| OVVOvintiv | 9.4% |
| COPConocoPhillips | 14.7% |
| APAAPA | 21.1% |
| Peer median | 21.3% |
Where Diamondback Energy ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Diamondback Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.