Diamondback Energy Inc (FANG)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 73.70% | 62.85% | 62.98% | 65.21% | 66.61% | 69.04% | 62.39% | 67.03% | 69.82% | 56.12% | 54.00% | 48.62% | 42.22% | 57.30% | 50.32% | 34.86% | 22.70% | 24.80% | 27.39% | 37.02% |
| Operating profit margin | 39.91% | 43.92% | 37.88% | 38.61% | 38.74% | 40.25% | 59.06% | 64.12% | 67.49% | 54.52% | 52.74% | 47.14% | 39.61% | 35.10% | -10.95% | -132.70% | -195.15% | -162.81% | -103.36% | -10.68% |
| Pretax margin | 40.73% | 45.66% | 50.96% | 49.85% | 50.70% | 52.03% | 54.93% | 61.84% | 59.48% | 59.96% | 55.83% | 45.44% | 42.79% | 11.18% | -38.11% | -167.24% | -205.84% | -172.37% | -103.53% | 0.88% |
| Net profit margin | 30.21% | 33.68% | 37.55% | 36.85% | 37.51% | 38.95% | 41.59% | 46.84% | 45.19% | 45.69% | 42.53% | 34.68% | 32.71% | 7.80% | -30.45% | -130.17% | -160.98% | -135.78% | -82.00% | -1.05% |
The profitability ratios of Diamondback Energy Inc show fluctuations over the reported periods.
1. Gross Profit Margin: The company's gross profit margin has generally shown an increasing trend from 37.02% in March 2020 to 73.70% in December 2024, with some fluctuations in between. This indicates an improvement in the company's ability to generate profit from its core operations over time.
2. Operating Profit Margin: The operating profit margin was negative in the earlier periods but turned positive from June 2021 onwards. The margin has shown a consistent upward trend, reaching 39.91% by December 2024. This suggests that the company has been able to control its operating expenses effectively and improve operational efficiency.
3. Pretax Margin: The pretax margin also started to improve significantly from June 2021 and continued to increase gradually. It reached 40.73% by December 2024. The positive trend in pretax margin indicates an improvement in the company's profitability before accounting for taxes.
4. Net Profit Margin: The net profit margin, which accounts for all expenses including taxes, has shown a positive trend from June 2021 to December 2024. The margin improved from -30.45% in June 2021 to 30.21% in December 2024, reflecting the company's ability to generate profits after all expenses have been accounted for.
Overall, the profitability ratios of Diamondback Energy Inc demonstrate a positive trend over the reported periods, indicating improved efficiency and profitability in its operations. It is important to continue monitoring these ratios to assess the company's financial performance continually.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.56% | 6.39% | 9.85% | 11.29% | 11.19% | 11.75% | 17.74% | 21.29% | 24.83% | 22.03% | 20.48% | 16.20% | 11.75% | 8.59% | -2.70% | -18.65% | -31.08% | -27.26% | -17.25% | -1.82% |
| Return on assets (ROA) | 4.96% | 4.90% | 9.77% | 10.77% | 10.84% | 11.37% | 12.50% | 15.55% | 16.63% | 18.46% | 16.52% | 11.92% | 9.70% | 1.91% | -7.51% | -18.30% | -25.64% | -22.73% | -13.69% | -0.18% |
| Return on total capital | 12.80% | 12.03% | 27.92% | 26.74% | 26.57% | 27.65% | 31.24% | 38.06% | 39.94% | 42.97% | 39.12% | 29.77% | 25.12% | 11.60% | -10.78% | -41.73% | -57.71% | -54.72% | -31.20% | 1.64% |
| Return on equity (ROE) | 8.85% | 8.61% | 19.94% | 18.87% | 18.91% | 19.59% | 22.16% | 27.75% | 29.04% | 31.80% | 29.09% | 21.82% | 18.38% | 3.76% | -15.06% | -37.71% | -51.36% | -44.65% | -25.98% | -0.33% |
Diamondback Energy Inc's profitability ratios have shown a mixed performance over the past few years.
1. Operating return on assets (Operating ROA) improved steadily from negative figures in early 2020 to a peak of 24.83% by the end of 2022. However, there was a slight decline to 6.56% by the end of 2024.
2. Return on assets (ROA) followed a similar pattern, starting from negative values and increasing to a peak of 16.63% by the end of 2022 before decreasing slightly to 4.96% by the end of 2024.
3. Return on total capital exhibited significant fluctuations, ranging from -57.71% in December 2020 to a peak of 42.97% in September 2022. It then gradually decreased to 12.80% by the end of 2024.
4. Return on equity (ROE) also demonstrated an upward trend, starting in negative territory and reaching a high of 31.80% by September 2022. The ratio then decreased slightly to 8.85% by December 2024.
Overall, the company has shown improvements in profitability ratios over the years, with some fluctuations in performance. Management may need to focus on sustaining or improving these ratios in the future to ensure continued profitability and shareholder value.
See also:
Diamondback Energy Inc Profitability Ratios (Quarterly Data)