Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
181.46
+1.34 (0.74%)
At close: Nov 20, 2024, 4:00 PM
182.93
+1.47 (0.81%)
Pre-market: Nov 21, 2024, 7:28 AM EST
Diamondback Energy Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Revenue | 9,157 | 7,959 | 9,083 | 6,747 | 2,756 | 3,951 | Upgrade
|
| Revenue Growth (YoY) | 18.25% | -12.37% | 34.62% | 144.81% | -30.25% | 82.58% | Upgrade
|
| Cost of Revenue | 2,166 | 1,270 | 910 | 1,202 | 760 | 917 | Upgrade
|
| Gross Profit | 6,991 | 6,689 | 8,173 | 5,545 | 1,996 | 3,034 | Upgrade
|
| Selling, General & Admin | 180 | 150 | 144 | 146 | 88 | 104 | Upgrade
|
| Other Operating Expenses | -7 | 451 | 691 | 1,023 | 84 | 142 | Upgrade
|
| Operating Expenses | 2,336 | 2,347 | 2,179 | 2,444 | 1,483 | 1,700 | Upgrade
|
| Operating Income | 4,655 | 4,342 | 5,994 | 3,101 | 513 | 1,334 | Upgrade
|
| Interest Expense | -118 | -197 | -218 | -70 | -250 | -130 | Upgrade
|
| Interest & Investment Income | 2 | 2 | 1 | 1 | 4 | 1 | Upgrade
|
| Earnings From Equity Investments | 32 | 48 | 77 | 15 | -10 | -6 | Upgrade
|
| Other Non Operating Income (Expenses) | 18 | -20 | -5 | 13 | -7 | 9 | Upgrade
|
| EBT Excluding Unusual Items | 4,589 | 4,175 | 5,849 | 3,060 | 250 | 1,208 | Upgrade
|
| Merger & Restructuring Charges | -273 | -11 | -14 | -78 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 75 | 88 | - | - | - | - | Upgrade
|
| Asset Writedown | - | - | - | - | -6,021 | -790 | Upgrade
|
| Other Unusual Items | 2 | -4 | -99 | -75 | -5 | -56 | Upgrade
|
| Pretax Income | 4,371 | 4,248 | 5,736 | 2,907 | -5,776 | 362 | Upgrade
|
| Income Tax Expense | 949 | 912 | 1,174 | 631 | -1,104 | 47 | Upgrade
|
| Earnings From Continuing Operations | 3,422 | 3,336 | 4,562 | 2,276 | -4,672 | 315 | Upgrade
|
| Minority Interest in Earnings | -198 | -193 | -176 | -94 | 155 | -75 | Upgrade
|
| Net Income | 3,224 | 3,143 | 4,386 | 2,182 | -4,517 | 240 | Upgrade
|
| Preferred Dividends & Other Adjustments | 22 | 22 | 42 | 20 | 2 | - | Upgrade
|
| Net Income to Common | 3,202 | 3,121 | 4,344 | 2,162 | -4,519 | 240 | Upgrade
|
| Net Income Growth | 1.07% | -28.34% | 101.01% | - | - | -71.63% | Upgrade
|
| Shares Outstanding (Basic) | 185 | 180 | 177 | 177 | 158 | 163 | Upgrade
|
| Shares Outstanding (Diluted) | 185 | 180 | 177 | 177 | 158 | 164 | Upgrade
|
| Shares Change (YoY) | 3.02% | 1.96% | -0.06% | 11.82% | -3.58% | 56.15% | Upgrade
|
| EPS (Basic) | 17.30 | 17.34 | 24.61 | 12.24 | -28.61 | 1.47 | Upgrade
|
| EPS (Diluted) | 17.29 | 17.34 | 24.61 | 12.24 | -28.61 | 1.47 | Upgrade
|
| EPS Growth | -1.81% | -29.53% | 101.04% | - | - | -81.79% | Upgrade
|
| Free Cash Flow | -5,701 | 1,206 | 2,712 | 1,670 | 61 | -958 | Upgrade
|
| Free Cash Flow Per Share | -30.79 | 6.70 | 15.36 | 9.45 | 0.39 | -5.85 | Upgrade
|
| Dividend Per Share | 8.290 | 8.120 | 11.310 | 1.950 | 1.525 | 0.938 | Upgrade
|
| Dividend Growth | 3.75% | -28.21% | 480.00% | 27.87% | 62.67% | 87.50% | Upgrade
|
| Gross Margin | 76.35% | 84.04% | 89.98% | 82.18% | 72.42% | 76.79% | Upgrade
|
| Operating Margin | 50.84% | 54.55% | 65.99% | 45.96% | 18.61% | 33.76% | Upgrade
|
| Profit Margin | 34.97% | 39.21% | 47.83% | 32.04% | -163.97% | 6.07% | Upgrade
|
| Free Cash Flow Margin | -62.26% | 15.15% | 29.86% | 24.75% | 2.21% | -24.25% | Upgrade
|
| EBITDA | 6,818 | 6,088 | 7,338 | 4,376 | 1,824 | 2,788 | Upgrade
|
| EBITDA Margin | 74.46% | 76.49% | 80.79% | 64.86% | 66.18% | 70.56% | Upgrade
|
| D&A For EBITDA | 2,163 | 1,746 | 1,344 | 1,275 | 1,311 | 1,454 | Upgrade
|
| EBIT | 4,655 | 4,342 | 5,994 | 3,101 | 513 | 1,334 | Upgrade
|
| EBIT Margin | 50.84% | 54.55% | 65.99% | 45.96% | 18.61% | 33.76% | Upgrade
|
| Effective Tax Rate | 21.71% | 21.47% | 20.47% | 21.71% | - | 12.98% | Upgrade
|
| Revenue as Reported | 9,583 | 8,412 | 9,643 | 6,797 | 2,813 | 3,964 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.