Diamondback Energy (FANG) Gross Profit (2017 - 2025)
Diamondback Energy (FANG) recorded Gross Profit of $3.56 billion in Q1 2025, up 74.9% from $2.03 billion a year earlier and up 4.8% from the prior quarter.
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Analysis
Diamondback Energy (FANG) Gross Profit (2017 - 2025) Analysis & Trends
On a TTM basis, Diamondback Energy's Gross Profit came in at $11.31 billion as of Mar 31, 2025, up 38.1% year-over-year; for FY2024, it came in at $9.79 billion, up 22.1% from FY2023.
- Annual Gross Profit has a five-year compound annual growth rate of 20.9% (FY2019 to FY2024).
- Across earlier years, Gross Profit came in at $8.01 billion in FY2023 (-14.6%), $9.39 billion in FY2022 (+42.5%), $6.59 billion in FY2021 (+156.4%) and $2.57 billion in FY2020 (-32.2%).
- The Q1 2025 figure is the highest quarterly Gross Profit in data going back to Q2 2017.
- On a year-over-year basis, Gross Profit has increased for six consecutive quarters, with growth averaging 16.3% over the last eight quarters.
- Peak year-over-year performance for Gross Profit in the last five years was growth of 348.7% in Q2 2021, against a decline of 63.8% in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.39 billion (Q4 2024), $2.26 billion (Q3 2024) and $2.1 billion (Q2 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 3.56 Bn |
| Dec 31, 2024 | 3.39 Bn |
| Sep 30, 2024 | 2.26 Bn |
| Jun 30, 2024 | 2.10 Bn |
| Mar 31, 2024 | 2.03 Bn |
| Dec 31, 2023 | 2.10 Bn |
| Sep 30, 2023 | 2.21 Bn |
| Jun 30, 2023 | 1.85 Bn |
| Mar 31, 2023 | 1.86 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.37 Bn |
| Jun 30, 2022 | 2.71 Bn |
| Mar 31, 2022 | 2.33 Bn |
| Dec 31, 2021 | 1.96 Bn |
| Sep 30, 2021 | 1.84 Bn |
| Jun 30, 2021 | 1.60 Bn |
| Mar 31, 2021 | 1.13 Bn |
| Dec 31, 2020 | 710.00 Mn |
| Sep 30, 2020 | 661.00 Mn |
| Jun 30, 2020 | 357.00 Mn |
API Access
Diamondback Energy Gross Profit 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-profit&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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-profit&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();