Diamondback Energy Inc (FANG)
179.76
+3.95
(+2.25%)
USD |
NASDAQ |
Nov 04, 16:00
176.00
-3.76
(-2.09%)
After-Hours: 04:23
Diamondback Energy Gross Profit Margin (Quarterly): 49.44% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 49.44% |
| March 31, 2024 | 53.59% |
| December 31, 2023 | 56.46% |
| September 30, 2023 | 60.94% |
| June 30, 2023 | 55.81% |
| March 31, 2023 | 57.71% |
| December 31, 2022 | 64.58% |
| September 30, 2022 | 69.39% |
| June 30, 2022 | 73.70% |
| March 31, 2022 | 71.80% |
| December 31, 2021 | 67.56% |
| September 30, 2021 | 63.98% |
| June 30, 2021 | 59.43% |
| March 31, 2021 | 57.01% |
| December 31, 2020 | 38.36% |
| September 30, 2020 | 30.28% |
| June 30, 2020 | -26.12% |
| March 31, 2020 | 25.92% |
| December 31, 2019 | 39.58% |
| September 30, 2019 | 37.95% |
| June 30, 2019 | 42.80% |
| March 31, 2019 | 40.39% |
| December 31, 2018 | 39.97% |
| September 30, 2018 | 52.70% |
| June 30, 2018 | 56.17% |
| Date | Value |
|---|---|
| March 31, 2018 | 59.50% |
| December 31, 2017 | 56.15% |
| 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% |
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
-26.12%
Minimum
Jun 2020
73.70%
Maximum
Jun 2022
51.02%
Average
57.01%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| Chevron Corp | 29.15% |
| Devon Energy Corp | 31.99% |
| Exxon Mobil Corp | 23.23% |
| Matador Resources Co | 44.51% |
| EOG Resources Inc | 70.19% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 19.96% |
| Return on Assets | 11.60% |
| Return on Invested Capital | 13.90% |
| Profit Margin (Quarterly) | 33.72% |
| Operating Margin (Quarterly) | 46.62% |
| Return on Net Operating Assets | 12.79% |