TTM
$3.36B
YoY change
+11.9%
5Y CAGR
—
Peak year (2022)
$6.51B
Cumulative operating income
$20.89B
Operating Income history chart for Diamondback Energy (FANG) from 2009 to 2025
Latest: $4.92B
Operating Income growth chart for Diamondback Energy (FANG) from 2009 to 2025
Latest: +11.9%
Operating Income history table for Diamondback Energy (FANG) from 2009 to 2025
| 2025 | $4.92B | +11.9% | +$522.00M | ||
| 2024 | $4.40B | -3.8% | −$174.00M | ||
| 2023 | $4.57B | -29.8% | −$1.94B | ||
| 2022 | $6.51B | +62.7% | +$2.51B | ||
| 2021 | $4.00B | -173.1% | +$9.48B | ||
| 2020 | −$5.48B | -887.9% | −$6.17B | ||
| 2019 | $695.00M | -31.3% | −$316.00M | ||
| 2018 | $1.01B | +67.1% | +$406.00M | ||
| 2017 | $605.00M | -981.7% | +$673.62M | ||
| 2016 | −$68.62M | -90.7% | +$671.65M | ||
| 2015 | −$740.27M | -448.1% | −$952.94M | ||
| 2014 | $212.67M | +123.4% | +$117.48M | ||
| 2013 | $95.19M | +450.0% | +$77.89M | ||
| 2012 | $17.31M | +14.3% | +$2.16M | ||
| 2011 | $15.15M | +65.0% | +$5.97M | ||
| 2010 | $9.18M | +586.3% | +$7.84M | ||
| 2009 | $1.34M | — | — |
- 2025$4.92B+11.9%
- 2024$4.40B-3.8%
- 2023$4.57B-29.8%
- 2022$6.51B+62.7%
- 2021$4.00B-173.1%
- 2020−$5.48B-887.9%
- 2019$695.00M-31.3%
- 2018$1.01B+67.1%
- 2017$605.00M-981.7%
- 2016−$68.62M-90.7%
- 2015−$740.27M-448.1%
- 2014$212.67M+123.4%
- 2013$95.19M+450.0%
- 2012$17.31M+14.3%
- 2011$15.15M+65.0%
- 2010$9.18M+586.3%
- 2009$1.34M—
Operating Income 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 Operating Income at Diamondback Energy (FANG)
According to Diamondback Energy's latest reported financial statements, the company's current operating income (TTM) is $3.36B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Diamondback Energy (FANG) operating income totalled $4.92B – grew 11.9% year-over-year.
Diamondback Energy operating income declined from $6.51B in 2022 to $4.92B in 2025, a 24.4% drawdown.
$6.51B stands as the all-time-high annual operating income, posted in 2022, against a low of −$5.48B during 2020.
Diamondback Energy Operating Income by Year
Diamondback Energy Operating Income 2025: $4.92B
2025's operating income for Diamondback Energy came in at $4.92B, grew 11.9% from 2024.
Diamondback Energy Operating Income 2024: $4.40B
Diamondback Energy posted operating income of $4.40B in 2024, edged down 3.8% below 2023.
Diamondback Energy Operating Income 2023: $4.57B
In 2023, Diamondback Energy reported operating income of $4.57B, declined 29.8% below 2022.
Diamondback Energy Operating Income 2022: $6.51B
Diamondback Energy operating income in 2022 was $6.51B, surged 62.7% from 2021. This figure represents the highest annual value in the available history.
Diamondback Energy Operating Income 2021: $4.00B
Diamondback Energy operating income in 2021 was $4.00B.
See more financial history for Diamondback Energy (FANG).
Sector peers by Operating Income
Energy peers of Diamondback Energy (FANG), ranked by their latest operating income
| $33.94B | |
| $16.67B | |
| $11.49B | |
| $7.86B | |
| $5.77B | |
| $5.46B | |
| $4.40B | |
| $4.31B |
- $33.94B
- $16.67B
- $11.49B
- $7.86B
- $5.77B
- $5.46B
- $4.40B
- $4.31B
Frequently asked questions
Diamondback Energy (FANG) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation