Diamondback Energy (FANG) Gross Margin (2017 - 2025)
Diamondback Energy (FANG) recorded Gross Margin of 87.82% in Q1 2025, down 3.47 percentage points from 91.29% a year earlier and down 3.56 percentage points from the prior quarter.
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Analysis
Diamondback Energy (FANG) Gross Margin (2017 - 2025) Analysis & Trends
On a TTM basis, Diamondback Energy's Gross Margin came in at 87.77% as of Mar 31, 2025, down 6.22 percentage points year-over-year; for FY2024, it came in at 88.46%, down 6.81 percentage points from FY2023.
- Annual Gross Margin has a five-year change of -7.02 percentage points (FY2019 to FY2024).
- Across earlier years, Gross Margin came in at 95.27% in FY2023 (-2.06 pp), 97.32% in FY2022 (+0.44 pp), 96.88% in FY2021 (+5.59 pp) and 91.29% in FY2020 (-4.19 pp).
- Quarterly Gross Margin has ranged from 84.00% in Q2 2020 to 97.80% in Q2 2022 over the past five years.
- On a year-over-year basis, Gross Margin has declined for ten consecutive quarters, with an average year-over-year change of -4.83 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 11.30 percentage points in Q2 2021, against a drop of 12.67 percentage points in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at 91.38% (Q4 2024), 85.56% (Q3 2024) and 84.66% (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.64 Bn | 701.12 Bn | - | - |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 47.75% |
| 3 | Shell | 309.15 Bn | 238.89 Bn | 30.13 Bn | 31.83% |
| 4 | TotalEnergies SE | 197.58 Bn | 78.16 Bn | 61.77 Bn | 100.00% |
| 5 | Conocophillips | 176.06 Bn | 148.77 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 119.68 Bn | 34.13 Bn | - | - |
| 7 | Phillips 66 | 116.58 Bn | 104.37 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 82.99% |
| 9 | Suncor Energy | 95.61 Bn | 81.35 Bn | - | - |
| 10 | Diamondback Energy | 56.96 Bn | 56.07 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 87.82% |
| Dec 31, 2024 | 91.38% |
| Sep 30, 2024 | 85.56% |
| Jun 30, 2024 | 84.66% |
| Mar 31, 2024 | 91.29% |
| Dec 31, 2023 | 94.17% |
| Sep 30, 2023 | 94.36% |
| Jun 30, 2023 | 96.46% |
| Mar 31, 2023 | 96.47% |
| Dec 31, 2022 | 96.70% |
| Sep 30, 2022 | 97.09% |
| Jun 30, 2022 | 97.80% |
| Mar 31, 2022 | 96.64% |
| Dec 31, 2021 | 97.13% |
| Sep 30, 2021 | 96.49% |
| Jun 30, 2021 | 95.30% |
| Mar 31, 2021 | 95.02% |
| Dec 31, 2020 | 92.33% |
| Sep 30, 2020 | 91.81% |
| Jun 30, 2020 | 84.00% |
API Access
Diamondback Energy Gross 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=gross-margin&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();