Diamondback Energy (FANG) Net Margin (2011 - 2026)
Diamondback Energy's (FANG) quarterly Net Margin came in at 36.95% in Q2 2026, up 1685.0% on a YoY basis from 2.07% in Q2 2025, and up 987.89% quarter-over-quarter from 3.4% in Q1 2026.
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Diamondback Energy (FANG) Net Margin (2011 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Net Margin for 16 consecutive years, with 36.95% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1685.0% year-over-year to 36.95%; the trailing twelve-month figure through Jun 2026 stood at 8.86% (down 2116.0% YoY), and the FY2025 full-year result was 10.3%, down 2315.0% from the prior year.
- Net Margin improved to 36.95% in Q2 2026 per FANG's latest filing, from 3.4% in the prior quarter.
- Across five years, Net Margin topped out at 52.78% in Q2 2022 and bottomed at 52.31% in Q4 2025.
- Historically, Net Margin has averaged 30.69% across 5 years, with a median of 36.17% in 2024.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 3327 bps in 2022, then sank 8707 bps in 2025.
- Over 5 years, Net Margin stood at 50.64% in 2022, then retreated by 10 bps to 45.38% in 2023, then slipped by 23 bps to 34.76% in 2024, then sank by 250 bps to 52.31% in 2025, then jumped by 171 bps to 36.95% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 36.95%, 3.4%, and 52.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 32.66% |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 31.60% |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 22.14% |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 17.64% |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 42.65% |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 15.13% |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 31.14% |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 17.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.95% |
| Mar 31, 2026 | 3.40% |
| Dec 31, 2025 | -52.31% |
| Sep 30, 2025 | 27.60% |
| Jun 30, 2025 | 20.09% |
| Mar 31, 2025 | 36.83% |
| Dec 31, 2024 | 34.76% |
| Sep 30, 2024 | 26.77% |
| Jun 30, 2024 | 36.00% |
| Mar 31, 2024 | 36.33% |
| Dec 31, 2023 | 45.38% |
| Sep 30, 2023 | 42.44% |
| Jun 30, 2023 | 30.54% |
| Mar 31, 2023 | 38.75% |
| Dec 31, 2022 | 50.64% |
| Sep 30, 2022 | 52.11% |
| Jun 30, 2022 | 52.78% |
| Mar 31, 2022 | 33.35% |
| Dec 31, 2021 | 51.98% |
| Sep 30, 2021 | 35.29% |