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
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Diamondback Energy, Inc. (FANG) Gross margin
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 | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EOG EOG Resources, Inc. compare | 100.0% |
| TPL Texas Pacific Land Corporation compare | 100.0% |
| FANG Diamondback Energy, Inc. | 85.5% |
| EXE Expand Energy Corporation compare | 80.6% |
| DVN Devon Energy Corporation compare | 79.5% |
| EQT EQT Corporation compare | 78.9% |
| OXY Occidental Petroleum Corporation compare | 73.3% |
| WDS Woodside Energy Group Ltd compare | 52.0% |
| PR Permian Resources Corporation compare | 0.00% |
| Oil & Gas E&P industry median | 79.5% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
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
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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