Diamondback Energy, Inc. (LON:0AD6)

Diamondback Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	14,626	10,561	7,959	9,566	6,747	2,756
Revenue Growth (YoY)	59.72%	32.69%	-16.80%	41.78%	144.81%	-30.25%
Cost of Revenue	3,665	2,563	1,270	1,521	1,202	760
Gross Profit	10,961	7,998	6,689	8,045	5,545	1,996
Selling, General & Admin	282	213	150	144	146	88
Other Operating Expenses	81	54	451	563	1,023	84
Operating Expenses	5,168	3,117	2,347	2,051	2,444	1,483
Operating Income	5,793	4,881	4,342	5,994	3,101	513
Interest Expense	-372	-336	-197	-218	-70	-250
Interest & Investment Income	156	156	18	6	1	4
Earnings From Equity Investments	18	21	48	77	15	-10
Other Non Operating Income (Expenses)	-1	80	-36	-10	13	-7
EBT Excluding Unusual Items	5,594	4,802	4,175	5,849	3,060	250
Merger & Restructuring Charges	-124	-303	-11	-14	-78	-
Gain (Loss) on Sale of Investments	127	-	88	-	-	-
Asset Writedown	-	-	-	-	-	-6,021
Other Unusual Items	26	2	-4	-99	-75	-5
Pretax Income	5,612	4,501	4,248	5,736	2,907	-5,776
Income Tax Expense	1,009	800	912	1,174	631	-1,104
Earnings From Continuing Operations	4,603	3,701	3,336	4,562	2,276	-4,672
Minority Interest in Earnings	-407	-363	-193	-176	-94	155
Net Income	4,196	3,338	3,143	4,386	2,182	-4,517
Preferred Dividends & Other Adjustments	18	21	22	42	20	2
Net Income to Common	4,178	3,317	3,121	4,344	2,162	-4,519
Net Income Growth	30.15%	6.20%	-28.34%	101.01%	-	-
Shares Outstanding (Basic)	291	214	180	177	177	158
Shares Outstanding (Diluted)	291	214	180	177	177	158
Shares Change (YoY)	57.04%	18.64%	1.96%	-0.06%	11.82%	-3.58%
EPS (Basic)	14.37	15.53	17.34	24.61	12.24	-28.61
EPS (Diluted)	14.37	15.53	17.34	24.61	12.24	-28.61
EPS Growth	-16.92%	-10.43%	-29.54%	101.04%	-	-
Free Cash Flow	-1,094	1,936	2,020	2,712	1,670	61
Free Cash Flow Per Share	-3.76	9.07	11.22	15.36	9.45	0.39
Dividend Per Share	4.000	6.210	8.120	11.310	1.950	1.525
Dividend Growth	-51.75%	-23.52%	-28.21%	480.00%	27.87%	62.67%
Gross Margin	74.94%	75.73%	84.04%	84.10%	82.19%	72.42%
Operating Margin	39.61%	46.22%	54.55%	62.66%	45.96%	18.61%
Profit Margin	28.57%	31.41%	39.21%	45.41%	32.04%	-163.97%
Free Cash Flow Margin	-7.48%	18.33%	25.38%	28.35%	24.75%	2.21%
EBITDA	10,598	7,731	6,088	7,338	4,376	1,824
EBITDA Margin	72.46%	73.20%	76.49%	76.71%	64.86%	66.18%
D&A For EBITDA	4,805	2,850	1,746	1,344	1,275	1,311
EBIT	5,793	4,881	4,342	5,994	3,101	513
EBIT Margin	39.61%	46.22%	54.55%	62.66%	45.96%	18.61%
Effective Tax Rate	17.98%	17.77%	21.47%	20.47%	21.71%	-
Revenue as Reported	15,361	11,066	8,412	9,643	6,797	2,813

Source: S&P Global Market Intelligence. Standard template. Financial Sources.