Diamondback Energy, Inc. Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Diamondback Energy, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Diamondback Energy, Inc. Operating Margin for the quarter ending June 30, 2024 was 51.9 %, a 11.8% decline year-over-year.
  • Diamondback Energy, Inc. annual Operating Margin for 2023 was 54.3 %, a 19.5% decline from 2022.
  • Diamondback Energy, Inc. annual Operating Margin for 2022 was 67.5 %, a 14.7% increase from 2021.
  • Diamondback Energy, Inc. annual Operating Margin for 2021 was 58.9 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 54.3 -13.2 -19.5% Jan 1, 2023 Dec 31, 2023
2022 67.5 +8.63 +14.7% Jan 1, 2022 Dec 31, 2022
2021 58.9 +254 Jan 1, 2021 Dec 31, 2021
2020 -195 -212 -1210% Jan 1, 2020 Dec 31, 2020
2019 17.5 -28.9 -62.3% Jan 1, 2019 Dec 31, 2019
2018 46.5 -3.75 -7.47% Jan 1, 2018 Dec 31, 2018
2017 50.2 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.