Diamondback Energy, Inc. (FANG) Earnings History
Annual and quarterly earnings data from 2009 to 2025
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FANG EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
FANG Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 35.2% | 32.7% | 11.1% |
| 2024 | 45.1% | 39.9% | 30.3% |
| 2023 | 57.5% | 54.8% | 37.7% |
| 2022 | 70.1% | 68.0% | 45.8% |
| 2021 | 63.3% | 59.3% | 32.3% |
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Diamondback Energy, Inc. (FANG) Earnings Overview
As of May 8, 2026, Diamondback Energy, Inc. (FANG) reported trailing twelve-month net income of $403M, reflecting -63.1% year-over-year growth. The company earned $1.43 per diluted share over the past four quarters, with a net profit margin of 11.1%.
Looking at the long-term picture, FANG's historical earnings data spans multiple years. The company achieved its highest annual net income of $4.39B in fiscal 2022.
Diamondback Energy, Inc. maintains positive profitability with a gross margin of 35.2%, operating margin of 32.7%, and net margin of 11.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including MTDR ($483M net income, 20.8% margin), CTRA ($1.67B net income, 62.4% margin), SM ($131M net income, 20.5% margin), FANG has room to improve margins relative to the peer group. Compare FANG vs MTDR →
FANG Earnings vs Peers
Earnings metrics vs comparable public companies
FANG Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.66B | -50.1% | $4.92B | $5.73 | 11.1% | 32.7% |
| 2024 | $3.34B | +6.2% | $4.40B | $15.53 | 30.3% | 39.9% |
| 2023 | $3.14B | -28.3% | $4.57B | $17.34 | 37.7% | 54.8% |
| 2022 | $4.39B | +101.0% | $6.51B | $24.61 | 45.8% | 68.0% |
| 2021 | $2.18B | +148.3% | $4.00B | $12.30 | 32.3% | 59.3% |
| 2020 | -$4.52B | -1982.1% | -$5.48B | $-28.59 | -160.6% | -194.7% |
| 2019 | $240M | -71.6% | $695M | $1.46 | 6.1% | 17.5% |
| 2018 | $846M | +75.5% | $1.01B | $8.06 | 38.9% | 46.5% |
| 2017 | $482M | +392.1% | $605M | $4.94 | 40.0% | 50.2% |
| 2016 | -$165M | +70.0% | -$69M | $-2.20 | -31.3% | -13.0% |
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Start ComparisonFANG — Frequently Asked Questions
Quick answers to the most common questions about buying FANG stock.
Is FANG growing earnings?
FANG EPS fell to $1.43, with earnings declining -63.1%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $403M.
What are FANG's profit margins?
Diamondback Energy, Inc. net margin is +11.1%, with operating margin at +32.7%. Margins sit within typical range for the sector.
How consistent are FANG's earnings?
FANG earnings data spans 2009-2025. The declining earnings trend is -63.1% YoY. Historical data enables comparison across business cycles.