Diamondback Energy, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 6.75B | 9.57B | 8.34B | 11.02B | 15.03B | 36.3% | |
| Cost of Revenue | (2.48B) | (2.87B) | (3.54B) | (6.05B) | (9.74B) | 61.0% | |
Gross Profit | 4.27B | 6.70B | 4.80B | 4.97B | 5.28B | 6.3% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (146.00M) | (144.00M) | (150.00M) | (213.00M) | (288.00M) | 35.2% | |
| Depreciation & Amortization | (1.27B) | (1.34B) | (1.75B) | (2.85B) | (5.04B) | 76.8% | |
Operating Income (EBIT) | 4.00B | 6.51B | 4.57B | 4.40B | 4.92B | 11.9% | |
| Non-Operating Items | |||||||
| Interest Income | 1.00M | 1.00M | — | 156.00M | — | -100.0% | |
| Interest Expense | (200.00M) | (160.00M) | (175.00M) | (291.00M) | (244.00M) | -16.2% | |
| Other Income/Expenses (Net) | -1.09B | -772.00M | -322.00M | 105.00M | -3.04B | -2999.0% | |
Income Before Tax | 2.91B | 5.74B | 4.25B | 4.50B | 1.87B | -58.4% | |
| Income Tax Expense | (631.00M) | (1.17B) | (912.00M) | (800.00M) | (327.00M) | -59.1% | |
Net Income | 2.18B | 4.39B | 3.14B | 3.34B | 1.66B | -50.1% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $12 | $25 | $17 | $16 | $6 | -63.1% | |
| Weighted Avg Shares Outstanding | 176.64M | 176.54M | 180.00M | 213.54M | 289.08M | 35.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 177.36M | 176.54M | 180.00M | 213.54M | 289.08M | 35.4% | |
EBITDA | 4.37B | 7.23B | 6.17B | 7.64B | 7.16B | -6.3% |
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