Diamondback Energy Inc (FANG)
202.59
+1.85
(+0.92%)
USD |
NASDAQ |
Apr 22, 16:00
202.55
-0.04
(-0.02%)
After-Hours: 20:00
Diamondback Energy Gross Profit Margin (Quarterly): 56.25% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 56.25% |
| September 30, 2023 | 60.67% |
| June 30, 2023 | 55.54% |
| March 31, 2023 | 57.20% |
| December 31, 2022 | 64.19% |
| September 30, 2022 | 69.14% |
| June 30, 2022 | 73.55% |
| March 31, 2022 | 71.58% |
| December 31, 2021 | 67.38% |
| September 30, 2021 | 63.73% |
| June 30, 2021 | 59.38% |
| March 31, 2021 | 56.97% |
| December 31, 2020 | 38.20% |
| September 30, 2020 | 30.18% |
| June 30, 2020 | -26.71% |
| March 31, 2020 | 25.75% |
| December 31, 2019 | 39.25% |
| September 30, 2019 | 37.82% |
| June 30, 2019 | 42.63% |
| March 31, 2019 | 40.26% |
| December 31, 2018 | 39.49% |
| September 30, 2018 | 52.43% |
| June 30, 2018 | 56.00% |
| March 31, 2018 | 59.33% |
| December 31, 2017 | 56.15% |
| Date | Value |
|---|---|
| September 30, 2017 | 51.41% |
| June 30, 2017 | 53.65% |
| March 31, 2017 | 55.47% |
| December 31, 2016 | 52.74% |
| September 30, 2016 | 44.49% |
| June 30, 2016 | 38.53% |
| March 31, 2016 | 18.79% |
| December 31, 2015 | 33.73% |
| September 30, 2015 | 23.88% |
| June 30, 2015 | 27.04% |
| March 31, 2015 | 9.71% |
| December 31, 2014 | 33.70% |
| September 30, 2014 | 50.41% |
| June 30, 2014 | 52.94% |
| March 31, 2014 | 53.77% |
| December 31, 2013 | 54.82% |
| September 30, 2013 | 54.66% |
| June 30, 2013 | 48.57% |
| March 31, 2013 | 38.66% |
| December 31, 2012 | 31.44% |
| September 30, 2012 | 34.25% |
| June 30, 2012 | 37.31% |
| March 31, 2012 | 48.57% |
| December 31, 2011 | -81.61% |
| September 30, 2011 | 94.64% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-26.71%
Minimum
Jun 2020
73.55%
Maximum
Jun 2022
49.62%
Average
56.97%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Chevron Corp | 29.02% |
| Occidental Petroleum Corp | 33.66% |
| Exxon Mobil Corp | 21.67% |
| Matador Resources Co | 47.16% |
| EOG Resources Inc | 75.36% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 19.06% |
| Return on Assets | 11.35% |
| Return on Invested Capital | 13.66% |
| Profit Margin (Quarterly) | 43.30% |
| Operating Margin (Quarterly) | 54.35% |
| Return on Net Operating Assets | 11.96% |