Diamondback Energy (FANG) EBIT (2011 - 2026)
Diamondback Energy's (FANG) quarterly EBIT came in at $2.5 billion in Q2 2026, up 120.54% on a YoY basis from $1.1 billion in Q2 2025, and up 2065.52% quarter-over-quarter from $116.0 million in Q1 2026.
Analysis
Diamondback Energy (FANG) EBIT (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported EBIT for 16 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT rose 120.54% year-over-year to $2.5 billion; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (down 78.07% YoY), and the FY2025 full-year result was $1.3 billion, down 71.2% from the prior year.
- EBIT grew to $2.5 billion in Q2 2026 per FANG's latest filing, from $116.0 million in the prior quarter.
- Across five years, EBIT topped out at $2.5 billion in Q2 2026 and bottomed at -$2.8 billion in Q4 2025.
- Historically, EBIT has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: EBIT surged 190.72% in 2022, then sank 297.03% in 2025.
- Over 5 years, EBIT stood at $1.3 billion in 2022, then slipped by 4.06% to $1.2 billion in 2023, then grew by 17.18% to $1.4 billion in 2024, then tumbled by 297.03% to -$2.8 billion in 2025, then soared by 190.29% to $2.5 billion in 2026.
- According to Business Quant data, EBIT over the past three periods registered $2.5 billion, $116.0 million, and -$2.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 8.73 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 661.00 Mn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 928.18 Mn |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 994.00 Mn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 1.16 Bn |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 375.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.51 Bn |
| Mar 31, 2026 | 116.00 Mn |
| Dec 31, 2025 | -2.78 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | 1.67 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Sep 30, 2024 | 710.00 Mn |
| Jun 30, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 1.26 Bn |
| Sep 30, 2022 | 1.61 Bn |
| Jun 30, 2022 | 1.98 Bn |
| Mar 31, 2022 | 1.66 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 1.16 Bn |