Gross Profit for Diamondback Energy (FANG)
According to Diamondback Energy's latest reported financial statements, the company's current gross profit (TTM) is $5.26B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$5.26B
YoY change
+6.3%
5Y CAGR
+52.7%
Peak year (2022)
$6.70B
Cumulative gross profit
$30.76B
Gross Profit history chart for Diamondback Energy (FANG) from 2009 to 2025
Gross Profit history table for Diamondback Energy (FANG) from 2009 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $5.28B | +6.3% | ||
| 2024 | $4.97B | +3.6% | ||
| 2023 | $4.80B | -28.4% | ||
| 2022 | $6.70B | +56.9% | ||
| 2021 | $4.27B | +570.3% | ||
| 2020 | $637.00M | -60.0% | ||
| 2019 | $1.59B | +42.6% | ||
| 2018 | $1.12B | +70.8% | ||
| 2017 | $654.00M | +196.5% | ||
| 2016 | $220.60M | +105.5% | ||
| 2015 | $107.33M | -54.2% | ||
| 2014 | $234.40M | +120.2% | ||
| 2013 | $106.43M | +283.1% | ||
| 2012 | $27.78M | +47.2% | ||
| 2011 | $18.87M | +54.0% | ||
| 2010 | $12.26M | +2.0% | ||
| 2009 | $12.01M | — |
Gross Profit values are taken from Diamondback Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Diamondback Energy (FANG) gross profit is $5.28B – grew 6.3% year-over-year.
Diamondback Energy gross profit compound annual growth for the 2020–2025 (5 years) window is +52.7%, sustaining 2 straight years of year-over-year growth.
Diamondback Energy gross profit declined from $6.70B in 2022 to $5.28B in 2025, a 21.2% drawdown.
2022 marks the peak gross profit at $6.70B, with the historical low of $12.01M recorded in 2009.
Diamondback Energy (FANG) sits 8th of 8 Energy peers we track on this metric, against a peer median of $14.92B.
Diamondback Energy Gross Profit by Year
Diamondback Energy Gross Profit 2025: $5.28B
Diamondback Energy gross profit in 2025 was $5.28B, grew 6.3% from 2024.
Diamondback Energy Gross Profit 2024: $4.97B
Diamondback Energy gross profit in 2024 was $4.97B, edged up 3.6% from 2023.
Diamondback Energy Gross Profit 2023: $4.80B
Diamondback Energy gross profit in 2023 was $4.80B, declined 28.4% below 2022.
Diamondback Energy Gross Profit 2022: $6.70B
Diamondback Energy gross profit in 2022 was $6.70B, surged 56.9% from 2021. This figure represents the highest annual value in the available history.
Diamondback Energy Gross Profit 2021: $4.27B
Diamondback Energy gross profit in 2021 was $4.27B.
See more financial history for Diamondback Energy (FANG).
Sector peers — Gross Profit
Companies in the same sector as Diamondback Energy, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is Diamondback Energy's gross profit?
- Latest reported gross profit for Diamondback Energy (FANG) is $5.26B (period ending December 31, 2025).
How has Diamondback Energy gross profit changed year-over-year?
- Diamondback Energy (FANG) gross profit changed +6.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Diamondback Energy gross profit?
- Diamondback Energy (FANG) gross profit compound annual growth rate is +52.7% over the most recent 5 years available.
When did Diamondback Energy gross profit hit its highest annual value?
- Diamondback Energy gross profit reached its highest annual value of $6.70B in 2022.
What was Diamondback Energy gross profit in 2024?
- Diamondback Energy (FANG) gross profit in 2024 was $4.97B.
What was Diamondback Energy gross profit in 2025?
- Diamondback Energy (FANG) gross profit in 2025 was $5.28B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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