TTM
41.8%
YoY change
−9.95pp
Trough year (2020)
22.6%
Peak year (2009)
94.5%
Latest annual
35.2%
Gross Margin history chart for Diamondback Energy (FANG) from 2009 to 2025
Latest: 35.2%
Gross Margin change chart for Diamondback Energy (FANG) from 2009 to 2025
Latest: −9.95pp
Gross Margin history table for Diamondback Energy (FANG) from 2009 to 2025
| 2025 | 35.2% | -9.95pp | ||
| 2024 | 45.1% | -12.43pp | ||
| 2023 | 57.5% | -12.51pp | ||
| 2022 | 70.1% | +6.76pp | ||
| 2021 | 63.3% | +40.64pp | ||
| 2020 | 22.6% | -17.54pp | ||
| 2019 | 40.2% | -11.15pp | ||
| 2018 | 51.3% | -2.94pp | ||
| 2017 | 54.3% | +12.42pp | ||
| 2016 | 41.9% | +17.83pp | ||
| 2015 | 24.0% | -23.26pp | ||
| 2014 | 47.3% | -3.88pp | ||
| 2013 | 51.2% | +14.11pp | ||
| 2012 | 37.1% | -1.16pp | ||
| 2011 | 38.2% | -6.75pp | ||
| 2010 | 45.0% | -49.49pp | ||
| 2009 | 94.5% | — |
- 202535.2%-9.95pp
- 202445.1%-12.43pp
- 202357.5%-12.51pp
- 202270.1%+6.76pp
- 202163.3%+40.64pp
- 202022.6%-17.54pp
- 201940.2%-11.15pp
- 201851.3%-2.94pp
- 201754.3%+12.42pp
- 201641.9%+17.83pp
- 201524.0%-23.26pp
- 201447.3%-3.88pp
- 201351.2%+14.11pp
- 201237.1%-1.16pp
- 201138.2%-6.75pp
- 201045.0%-49.49pp
- 200994.5%—
Gross Margin values are taken from Diamondback Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Diamondback Energy (FANG)
According to Diamondback Energy's latest reported financial statements, the company's latest reported gross margin is 41.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Diamondback Energy (FANG) most recent annual gross margin stands at 35.16% (2025) – contracted 9.9 percentage points year-over-year.
94.45% stands as the all-time-high annual gross margin, posted in 2009, against a low of 22.64% during 2020.
Diamondback Energy Gross Margin by Year
Diamondback Energy Gross Margin 2025: 35.2%
In 2025, Diamondback Energy reported gross margin of 35.16%, contracted 9.9 percentage points from 2024.
Diamondback Energy Gross Margin 2024: 45.1%
Diamondback Energy gross margin in 2024 was 45.11%, contracted 12.4 percentage points from 2023.
Diamondback Energy Gross Margin 2023: 57.5%
2023's gross margin for Diamondback Energy came in at 57.54%, contracted 12.5 percentage points from 2022.
Diamondback Energy Gross Margin 2022: 70.1%
Diamondback Energy posted gross margin of 70.05% in 2022, expanded 6.8 percentage points from 2021.
Diamondback Energy Gross Margin 2021: 63.3%
Diamondback Energy gross margin in 2021 was 63.29%.
See more financial history for Diamondback Energy (FANG).
Sector peers by Gross Margin
Energy peers of Diamondback Energy (FANG), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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