Diamondback Energy (FANG) Net Margin (2011 - 2026)
Diamondback Energy (FANG) reported Net Margin of 33.84% for Q2 2026, up 14.83 percentage points from 19.00% a year earlier and up 33.25 percentage points from the prior quarter.
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Analysis
Diamondback Energy (FANG) Net Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Diamondback Energy's Net Margin came in at 8.58%, down 18.67 percentage points year-over-year; for FY2025, it came in at 11.07%, down 19.09 percentage points from FY2024.
- Net Margin has declined for three consecutive years, though with a five-year change of +171.65 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 30.16% in FY2024 (-7.20 pp), 37.36% in FY2023 (-8.12 pp), 45.48% in FY2022 (+13.38 pp) and 32.10% in FY2021 (+192.68 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q1 2025.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -16.65 percentage points.
- The high point for year-over-year Net Margin in five years was Q3 2021 (a gain of 188.56 percentage points); the low point was Q4 2025 (a drop of 72.13 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.59% (Q1 2026), -43.19% (Q4 2025) and 25.94% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 13.62% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 14.64% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 588.80% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 12.37% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 13.41% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 20.14% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 0.01% |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 10.90% |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - | 29.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.52% |
| Jun 30, 2026 | 33.84% |
| Mar 31, 2026 | 0.59% |
| Dec 31, 2025 | -43.19% |
| Sep 30, 2025 | 25.94% |
| Jun 30, 2025 | 19.00% |
| Mar 31, 2025 | 34.71% |
| Dec 31, 2024 | 28.94% |
| Sep 30, 2024 | 24.91% |
| Jun 30, 2024 | 33.71% |
| Mar 31, 2024 | 34.49% |
| Dec 31, 2023 | 43.09% |
| Sep 30, 2023 | 39.10% |
| Jun 30, 2023 | 28.97% |
| Mar 31, 2023 | 36.99% |
| Dec 31, 2022 | 49.61% |
| Sep 30, 2022 | 48.58% |
| Jun 30, 2022 | 51.16% |
| Mar 31, 2022 | 32.35% |
| Dec 31, 2021 | 49.55% |
API Access
Diamondback Energy Net 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=net-margin&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();