Diamondback Energy
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Diamondback Energy's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 13% to $8,412,000,000. Profit margin reached 37%. Total operating expenses were $290,000,000.

Profit Margin

Diamondback Energy, Inc. (NASDAQ:FANG): Profit margin
2014 495.71M 193.75M 39.09%
2015 446.73M -550.62M -123.26%
2016 527.10M -165.03M -31.31%
2017 1.20B 482.26M 40.02%
2018 2.16B 845.67M 39.03%
2019 3.96B 240M 6.05%
2020 2.81B -4.67B -166.09%
2021 6.79B 2.18B 32.1%
2022 9.64B 4.38B 45.48%
2023 8.41B 3.14B 37.36%

FANG Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
8.41B9.64B6.79B2.81B3.96B2.16B1.20B527.10M446.73M495.71M
Cost of revenue
3.54B2.86B2.56B2.16B2.36B1.05B550.03M306.50M339.40M261.31M
Gross profit
4.87B6.77B4.23B644M1.6B1.10B655.08M220.60M107.33M234.40M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
290M256M152M99M115M60.66M50.06M43.68M32.80M21.73M
Operating income
4.57B6.50B4.00B547M2.43B1.01B605.02M-68.61M-740.26M212.67M
Other income (expenses), net
-322M-772M-1.09B-300M-2.07B152.91M-107.83M-300.95M-8.83M92.28M
Income before tax
4.24B5.73B2.90B-5.77B362M1.11B497.18M-164.71M-749.1M304.95M
Income tax expense
912M1.17B631M-1.10B47M168.36M-19.56M192K-201.31M108.98M
Net income
3.14B4.38B2.18B-4.67B240M845.67M482.26M-165.03M-550.62M193.75M
Earnings per share
Basic EPS
17.3424.6112.35-29.571.478.084.95-2.2-8.743.67
Diluted EPS
17.3424.6112.3-29.571.468.064.94-2.2-8.743.64
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