Diamondback Energy, Inc.

FANG Energy Oil & Gas E&P

Diamondback Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, up 35.8% from fiscal 2024.

Revenue
+38.4%
EPS
+80.2%
Free cash flow
−12.2%
Total debt
−18.5%

Quarter to September 2026, against a year earlier

180.12 2.76 −1.51%
Market cap
$50.2B
P/E
22.7×
Fwd P/E
11.1×
Dividend yield
2.36%
F-score
4/9
Altman Z
1.25
Beneish M
−3.13
Dividend safety
37/100

Diamondback Energy, Inc. (FANG) Gross margin

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Diamondback Energy, Inc.'s gross margin over the twelve months to 30 September 2026 was 85.5%, up 1.4 percentage points from fiscal 2025 (84.2%). Over the past ten years it has ranged from 79.9% (fiscal 2020) to 90.6% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Oil & Gas E&P industry median of 79.5% and above the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 84.2% (1.00)
FY2024 85.2% (1.06)
FY2023 86.2% (4.34)
FY2022 90.6% 1.99
FY2021 88.6% 8.66
FY2020 79.9% (3.21)
FY2019 83.1% (2.96)
FY2018 86.1% (1.47)
FY2017 87.6% 5.39
FY2016 82.2% 2.02

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 87.2% (0.82)
Jun 2026 88.0% 3.77
Mar 2026 84.3% 3.94
Dec 2025 80.3% (4.07)
43 more quarters

Against its own ten years

Low 79.9% High 90.6%
Ten-year median 85.2%
Current reading's percentile 51

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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