Diamondback Gross Profit from 2010 to 2024

FANG Stock

USD 182.70 1.24 0.68%

Diamondback Energy's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 5.1 B this year. Gross Profit is the profit Diamondback Energy makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2009-12-31

Previous Quarter

1.2 B

Current Value

2.4 B

Quarterly Volatility

703.7 M

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Yuan Drop

Covid

Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 185.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.

Check out the analysis of Diamondback Energy Correlation against competitors.

For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Diamondback Energy over the last few years. Gross profit is a required income statement account that reflects total revenue of Diamondback Energy minus its cost of goods sold. It is profit before Diamondback Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Diamondback Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 8.17 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Diamondback Gross Profit Regression Statistics

	Arithmetic Mean	1,716,991,933
	Geometric Mean	441,233,029
	Coefficient Of Variation	134.14
	Mean Deviation	1,883,544,303
	Median	644,000,000
	Standard Deviation	2,303,235,323
	Sample Variance	5304893T
	Range	6.8B
	R-Value	0.83
	Mean Square Error	1755035.5T
	R-Squared	0.69
	Significance	0.0001
	Slope	428,673,369
	Total Sum of Squares	74268501.3T

Diamondback Gross Profit History

	2024	5.1 B
	2023	4.9 B
	2022	6.8 B
	2021	4.2 B
	2020	644 M
	2019	1.6 B
	2018	1.1 B

Other Fundumenentals of Diamondback Energy

Gross Profit Margin

Diamondback Energy Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Current Deferred Revenue	Retained Earnings	Short Term Investments	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Common Stock	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.97	0.86	0.96	0.99	0.79	0.74	0.98	1.0	0.99	0.4	0.32	0.38	0.98	0.99	0.97	-0.86	0.92	0.82	-0.76	0.97	-0.42	0.87
Total Stockholder Equity	1.0		0.94	0.88	0.95	0.98	0.8	0.72	0.96	1.0	1.0	0.34	0.37	0.34	0.97	0.98	0.97	-0.84	0.91	0.76	-0.73	0.96	-0.39	0.84
Net Debt	0.97	0.94		0.76	0.94	0.98	0.66	0.75	0.99	0.97	0.94	0.5	0.14	0.52	0.99	0.97	0.92	-0.88	0.93	0.9	-0.81	0.96	-0.46	0.89
Accounts Payable	0.86	0.88	0.76		0.81	0.83	0.69	0.81	0.77	0.87	0.89	0.08	0.64	0.23	0.8	0.82	0.89	-0.64	0.7	0.55	-0.53	0.79	-0.58	0.79
Net Receivables	0.96	0.95	0.94	0.81		0.97	0.78	0.65	0.95	0.96	0.95	0.34	0.34	0.35	0.96	0.94	0.94	-0.9	0.88	0.85	-0.74	0.94	-0.42	0.89
Total Liab	0.99	0.98	0.98	0.83	0.97		0.77	0.76	0.99	0.99	0.98	0.42	0.27	0.43	1.0	0.99	0.96	-0.89	0.92	0.86	-0.79	0.97	-0.45	0.91
Total Current Assets	0.79	0.8	0.66	0.69	0.78	0.77		0.52	0.77	0.77	0.8	0.25	0.29	0.16	0.77	0.79	0.73	-0.77	0.72	0.6	-0.45	0.73	-0.23	0.69
Short Term Debt	0.74	0.72	0.75	0.81	0.65	0.76	0.52		0.75	0.75	0.73	0.29	0.2	0.63	0.77	0.76	0.71	-0.64	0.68	0.66	-0.57	0.67	-0.79	0.83
Long Term Debt	0.98	0.96	0.99	0.77	0.95	0.99	0.77	0.75		0.98	0.96	0.51	0.15	0.49	1.0	0.99	0.92	-0.91	0.95	0.9	-0.79	0.96	-0.43	0.9
Property Plant Equipment	1.0	1.0	0.97	0.87	0.96	0.99	0.77	0.75	0.98		1.0	0.39	0.33	0.38	0.98	0.99	0.97	-0.85	0.92	0.81	-0.76	0.97	-0.43	0.87
Net Tangible Assets	0.99	1.0	0.94	0.89	0.95	0.98	0.8	0.73	0.96	1.0		0.33	0.39	0.33	0.96	0.98	0.98	-0.84	0.9	0.76	-0.73	0.96	-0.4	0.85
Current Deferred Revenue	0.4	0.34	0.5	0.08	0.34	0.42	0.25	0.29	0.51	0.39	0.33		-0.48	0.31	0.48	0.44	0.23	-0.41	0.57	0.64	-0.27	0.38	-0.03	0.41
Retained Earnings	0.32	0.37	0.14	0.64	0.34	0.27	0.29	0.2	0.15	0.33	0.39	-0.48		-0.47	0.19	0.22	0.5	-0.02	0.04	-0.11	-0.17	0.31	-0.1	0.26
Short Term Investments	0.38	0.34	0.52	0.23	0.35	0.43	0.16	0.63	0.49	0.38	0.33	0.31	-0.47		0.48	0.46	0.28	-0.53	0.53	0.62	-0.4	0.37	-0.74	0.48
Long Term Debt Total	0.98	0.97	0.99	0.8	0.96	1.0	0.77	0.77	1.0	0.98	0.96	0.48	0.19	0.48		0.99	0.93	-0.91	0.94	0.89	-0.78	0.96	-0.45	0.91
Capital Surpluse	0.99	0.98	0.97	0.82	0.94	0.99	0.79	0.76	0.99	0.99	0.98	0.44	0.22	0.46	0.99		0.93	-0.89	0.94	0.83	-0.74	0.96	-0.43	0.87
Deferred Long Term Liab	0.97	0.97	0.92	0.89	0.94	0.96	0.73	0.71	0.92	0.97	0.98	0.23	0.5	0.28	0.93	0.93		-0.77	0.83	0.73	-0.8	0.97	-0.42	0.85
Accumulated Depreciation	-0.86	-0.84	-0.88	-0.64	-0.9	-0.89	-0.77	-0.64	-0.91	-0.85	-0.84	-0.41	-0.02	-0.53	-0.91	-0.89	-0.77		-0.87	-0.87	0.65	-0.83	0.42	-0.85
Common Stock	0.92	0.91	0.93	0.7	0.88	0.92	0.72	0.68	0.95	0.92	0.9	0.57	0.04	0.53	0.94	0.94	0.83	-0.87		0.88	-0.69	0.93	-0.4	0.84
Long Term Investments	0.82	0.76	0.9	0.55	0.85	0.86	0.6	0.66	0.9	0.81	0.76	0.64	-0.11	0.62	0.89	0.83	0.73	-0.87	0.88		-0.74	0.83	-0.51	0.9
Short Long Term Debt	-0.76	-0.73	-0.81	-0.53	-0.74	-0.79	-0.45	-0.57	-0.79	-0.76	-0.73	-0.27	-0.17	-0.4	-0.78	-0.74	-0.8	0.65	-0.69	-0.74		-0.84	0.34	-0.75
Net Invested Capital	0.97	0.96	0.96	0.79	0.94	0.97	0.73	0.67	0.96	0.97	0.96	0.38	0.31	0.37	0.96	0.96	0.97	-0.83	0.93	0.83	-0.84		-0.36	0.87
Net Working Capital	-0.42	-0.39	-0.46	-0.58	-0.42	-0.45	-0.23	-0.79	-0.43	-0.43	-0.4	-0.03	-0.1	-0.74	-0.45	-0.43	-0.42	0.42	-0.4	-0.51	0.34	-0.36		-0.62
Capital Stock	0.87	0.84	0.89	0.79	0.89	0.91	0.69	0.83	0.9	0.87	0.85	0.41	0.26	0.48	0.91	0.87	0.85	-0.85	0.84	0.9	-0.75	0.87	-0.62

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About Diamondback Energy Financial Statements

Diamondback Energy stakeholders use historical fundamental indicators, such as Diamondback Energy's Gross Profit, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diamondback Energy's assets and liabilities are reflected in the revenues and expenses on Diamondback Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	4.9 B	5.1 B
Gross Profit Margin	0.58	0.62

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When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:

How To Invest In Diamondback

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Is Diamondback Stock a good investment?

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What is Diamondback Energy's Net Worth?

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Check out the analysis of Diamondback Energy Correlation against competitors.

For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.37)

Dividend Share

8.29

Earnings Share

17.34

Revenue Per Share

49.46

Quarterly Revenue Growth

0.087

The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Diamondback Gross Profit from 2010 to 2024

Latest Diamondback Energy's Gross Profit Growth Pattern

Diamondback Gross Profit Regression Statistics

Diamondback Gross Profit History

Other Fundumenentals of Diamondback Energy

Diamondback Energy Gross Profit component correlations

About Diamondback Energy Financial Statements

Currently Active Assets on Macroaxis

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