Diamondback Energy (FANG) EBIT (2011 - 2026)
Diamondback Energy's EBIT was $2.51 billion in Q2 2026, up 120.5% from $1.14 billion a year earlier.
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Analysis
Diamondback Energy (FANG) EBIT (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Diamondback Energy's EBIT was $1.08 billion through Jun 30, 2026, down 78.1% year-over-year; for FY2025, it was $1.27 billion, down 71.2% from FY2024.
- EBIT has now declined for three consecutive years.
- In earlier years, EBIT was $4.4 billion in FY2024 (-3.8%), $4.57 billion in FY2023 (-29.8%), $6.51 billion in FY2022 (+62.7%) and $4 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly EBIT in data going back to Q3 2011.
- Compared with a year earlier, EBIT was higher in four of the last seven quarters, with growth averaging 17.1%.
- The best year-over-year quarter for EBIT over five years was Q1 2022 (growth of 190.7%); the worst was Q1 2026 (a decline of 93.1%).
- Per Business Quant data, FANG's EBIT in the three quarters before Q2 2026 was $116 million (Q1 2026), -$2.78 billion (Q4 2025) and $1.24 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 745.14 Bn | 701.62 Bn | - | 19.65 Bn |
| 2 | Chevron | 442.75 Bn | 414.87 Bn | 33.45 Bn | -19.92 Bn |
| 3 | Shell | 310.19 Bn | 239.94 Bn | 30.13 Bn | 21.43 Bn |
| 4 | TotalEnergies SE | 197.65 Bn | 78.24 Bn | 61.77 Bn | 15.33 Bn |
| 5 | Conocophillips | 176.25 Bn | 148.96 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 119.64 Bn | 34.10 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 115.95 Bn | 103.74 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 8.73 Bn |
| 9 | Suncor Energy | 95.50 Bn | 81.24 Bn | - | 652.00 Mn |
| 10 | Diamondback Energy | 56.82 Bn | 55.92 Bn | - | 2.51 Bn |
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 |
API Access
Diamondback Energy EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();