Diamondback Energy (FANG) EBITDA Margin (2011 - 2026)
Diamondback Energy's EBITDA Margin was 68.03% in Q2 2026, up 2.64 percentage points from 65.39% a year earlier and up 34.80 percentage points from the prior quarter.
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Analysis
Diamondback Energy (FANG) EBITDA Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Diamondback Energy's EBITDA Margin was 36.97% through Jun 30, 2026, down 28.33 percentage points year-over-year; for FY2025, it was 41.95%, down 23.53 percentage points from FY2024.
- EBITDA Margin has now declined for three consecutive years, though with a five-year change of +190.02 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 65.48% in FY2024 (-9.60 pp), 75.08% in FY2023 (-6.34 pp), 81.43% in FY2022 (+3.80 pp) and 77.62% in FY2021 (+225.69 pp).
- The Q2 2026 figure marks the highest quarterly EBITDA Margin since Q1 2025.
- Compared with a year earlier, EBITDA Margin was higher in two of the last eight quarters, with an average year-over-year change of -20.54 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2021 (a gain of 213.24 percentage points); the worst was Q4 2025 (a drop of 110.46 percentage points).
- Per Business Quant data, FANG's EBITDA Margin in the three quarters before Q2 2026 was 33.23% (Q1 2026), -41.26% (Q4 2025) and 64.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 24.94% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 29.80% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 1,326.59% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -1,155,312.69% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 13.16% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 68.45% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 45.38% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 91.50% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 15.42% |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - | 70.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 70.34% |
| Jun 30, 2026 | 68.03% |
| Mar 31, 2026 | 33.23% |
| Dec 31, 2025 | -41.26% |
| Sep 30, 2025 | 64.27% |
| Jun 30, 2025 | 65.39% |
| Mar 31, 2025 | 68.43% |
| Dec 31, 2024 | 69.20% |
| Sep 30, 2024 | 54.90% |
| Jun 30, 2024 | 66.01% |
| Mar 31, 2024 | 71.26% |
| Dec 31, 2023 | 75.13% |
| Sep 30, 2023 | 76.15% |
| Jun 30, 2023 | 74.62% |
| Mar 31, 2023 | 74.18% |
| Dec 31, 2022 | 79.85% |
| Sep 30, 2022 | 80.02% |
| Jun 30, 2022 | 83.38% |
| Mar 31, 2022 | 81.94% |
| Dec 31, 2021 | 80.66% |
API Access
Diamondback Energy EBITDA Margin 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=ebitda-margin&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();