Diamondback Energy (FANG) EBITDA Margin (2011 - 2026)
Diamondback Energy's (FANG) quarterly EBITDA Margin came in at 45.16% in Q2 2026, up 1420.0% on a YoY basis from 2.97% in Q2 2025, and up 1550.81% quarter-over-quarter from 2.74% in Q1 2026.
Analysis
Diamondback Energy (FANG) EBITDA Margin (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported EBITDA Margin for 16 consecutive years, with 45.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 1420.0% year-over-year to 45.16%; the trailing twelve-month figure through Jun 2026 stood at 6.33% (down 2871.0% YoY), and the FY2025 full-year result was 8.43%, down 3130.0% from the prior year.
- EBITDA Margin rose to 45.16% in Q2 2026 per FANG's latest filing, from 2.74% in the prior quarter.
- Across five years, EBITDA Margin topped out at 71.46% in Q2 2022 and bottomed at 82.41% in Q4 2025.
- Historically, EBITDA Margin has averaged 39.79% across 5 years, with a median of 48.38% in 2024.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin surged 2071 bps in 2022, then slumped 12045 bps in 2025.
- Over 5 years, EBITDA Margin stood at 61.87% in 2022, then slipped by 13 bps to 54.08% in 2023, then retreated by 30 bps to 38.05% in 2024, then tumbled by 317 bps to 82.41% in 2025, then surged by 155 bps to 45.16% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 45.16%, 2.74%, and 82.41% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 81.91% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 40.93% |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 45.16% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 32.14% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 22.33% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 49.95% |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 32.99% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 48.15% |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 24.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.16% |
| Mar 31, 2026 | 2.74% |
| Dec 31, 2025 | -82.41% |
| Sep 30, 2025 | 31.50% |
| Jun 30, 2025 | 30.97% |
| Mar 31, 2025 | 41.33% |
| Dec 31, 2024 | 38.05% |
| Sep 30, 2024 | 26.84% |
| Jun 30, 2024 | 46.56% |
| Mar 31, 2024 | 50.20% |
| Dec 31, 2023 | 54.08% |
| Sep 30, 2023 | 57.26% |
| Jun 30, 2023 | 52.11% |
| Mar 31, 2023 | 53.25% |
| Dec 31, 2022 | 61.87% |
| Sep 30, 2022 | 66.23% |
| Jun 30, 2022 | 71.46% |
| Mar 31, 2022 | 68.94% |
| Dec 31, 2021 | 64.84% |
| Sep 30, 2021 | 60.94% |