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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.64 Bn | 701.12 Bn | - | 24.43% |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | -19.76% |
| 3 | Shell | 309.15 Bn | 238.89 Bn | 30.13 Bn | 29.17% |
| 4 | TotalEnergies SE | 197.58 Bn | 78.16 Bn | 61.77 Bn | 29.83% |
| 5 | Conocophillips | 176.06 Bn | 148.77 Bn | 12.81 Bn | 68.45% |
| 6 | Equinor Asa | 119.68 Bn | 34.13 Bn | - | 44.67% |
| 7 | Phillips 66 | 116.58 Bn | 104.37 Bn | 8.38 Bn | -73.22% |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 94.81% |
| 9 | Suncor Energy | 95.61 Bn | 81.35 Bn | - | 12.45% |
| 10 | Diamondback Energy | 56.96 Bn | 56.07 Bn | - | 68.03% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 78.80% |
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_KEY
import 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();