Financials in USD. Standardized financial statements.
A compact view of how Diamondback Energy, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $15.03B | $11.02B | $8.34B | $9.57B | $6.75B | $2.81B | $3.96B | $2.18B | $1.21B | $527.11M |
| Revenue Growth? | +36.3% | +32.2% | -12.8% | +41.8% | +139.9% | -29.0% | +82.2% | +80.6% | +128.6% | 0.0% |
| Cost of Revenue? | $9.74B | $6.05B | $3.54B | $2.87B | $2.48B | $2.18B | $2.37B | $1.06B | $551.00M | $306.50M |
| Gross Profit? | $5.28B | $4.97B | $4.80B | $6.70B | $4.27B | $637.00M | $1.59B | $1.12B | $654.00M | $220.60M |
| Gross Margin? | +35.2% | +45.1% | +57.5% | +70.1% | +63.3% | +22.6% | +40.2% | +51.3% | +54.3% | +41.9% |
| Operating Expenses? | $365.00M | $576.00M | $228.00M | $193.00M | $269.00M | $6.11B | $898.00M | $106.00M | $49.00M | $289.22M |
| Operating Income? | $4.92B | $4.40B | $4.57B | $6.51B | $4.00B | -$5.48B | $695.00M | $1.01B | $605.00M | -$68.62M |
| EBITDA? | $7.16B | $7.64B | $6.17B | $7.23B | $4.37B | -$4.27B | $1.99B | $1.81B | $865.00M | $53.98M |
| Income Before Tax | $1.87B | $4.50B | $4.25B | $5.74B | $2.91B | -$5.78B | $362.00M | $1.11B | $497.19M | -$164.72M |
| Income Tax Expense | $327.00M | $800.00M | $912.00M | $1.17B | $631.00M | -$1.10B | $47.00M | $168.36M | -$19.57M | $192,000 |
| Net Income? | $1.66B | $3.34B | $3.14B | $4.39B | $2.18B | -$4.52B | $240.00M | $846.00M | $482.00M | -$165.03M |
| EPS? | $5.73 | $15.53 | $17.34 | $24.61 | $12.35 | $-28.59 | $1.47 | $8.08 | $4.95 | $-2.20 |
| Diluted EPS? | $5.73 | $15.53 | $17.34 | $24.61 | $12.30 | $-28.59 | $1.46 | $8.06 | $4.94 | $-2.20 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality