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) Operating margin

Alert me on Operating margin

Diamondback Energy, Inc.'s operating margin over the twelve months to 30 September 2026 was 12.6%, up 4.2 percentage points from fiscal 2025 (8.43%). Over the past ten years it has ranged from −194.7% (fiscal 2020) to 67.5% (fiscal 2022); the current reading is higher than 36% of that period. That is below the Oil & Gas E&P industry median of 24.0% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 8.43% (31.30)
FY2024 39.7% (14.60)
FY2023 54.3% (13.16)
FY2022 67.5% 8.63
FY2021 58.9% 253.53
FY2020 −194.7% (212.20)
FY2019 17.5% (28.93)
FY2018 46.5% (3.75)
FY2017 50.2% 63.23
FY2016 −13.0% 152.69

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 46.0% 0.87
Jun 2026 45.2% 42.42
Mar 2026 2.74% 85.15
Dec 2025 −82.4% (113.91)
43 more quarters

Against its own ten years

Low −194.7% High 67.5%
Ten-year median 39.7%
Current reading's percentile 35

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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