Diamondback Energy (FANG) EBIT (2011 - 2026)

Diamondback Energy (FANG) recorded quarterly EBIT of $116.0 million in Q1 2026, up 104.17% on a QoQ basis from -$2.8 billion in Q4 2025, and down 93.07% year-over-year from $1.7 billion in Q1 2025.

Diamondback Energy (FANG) EBIT (2011 - 2026) Analysis & Trends

Diamondback Energy has disclosed EBIT across 16 years of filings, most recently posting $116.0 million for Q1 2026.

  • Quarterly EBIT fell 93.07% year-over-year to $116.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$291.0 million (down 105.88% YoY) and the FY2025 annual result came in at $1.3 billion, down 71.2% from the prior year.
  • EBIT climbed to $116.0 million in Q1 2026, from -$2.8 billion in the prior quarter.
  • Over five years, EBIT peaked at $2.0 billion in Q2 2022 and troughed at -$2.8 billion in Q4 2025.
  • A 5-year average of $991.5 million and a median of $1.2 billion in 2023 frame the typical range for EBIT.
  • Annual changes were most pronounced in 2022 — EBIT jumped 190.72% — and 2025, when it plunged 297.03%.
  • Tracing FANG's EBIT over 5 years: 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 jumped by 104.17% to $116.0 million in 2026.
  • Business Quant data shows FANG's EBIT at $116.0 million in Q1 2026, -$2.8 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - 1.10 Bn
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn 5.68 Bn
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 7.20 Bn
4 Eog Resources 74.61 Bn 70.76 Bn - 2.60 Bn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 3.76 Bn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn 116.00 Mn
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn 215.59 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn 2.04 Bn
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn 266.77 Mn
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 Bn -27.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 955.00 Mn