Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Paying user area
Try for free
Diamondback Energy Inc. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Selected Financial Data since 2012
- Operating Profit Margin since 2012
- Total Asset Turnover since 2012
- Price to Sales (P/S) since 2012
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Diamondback Energy Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Diamondback Energy Inc., consolidated statement of comprehensive income
US$ in millions
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
The financial data reveals significant fluctuations in net income over the analyzed period. Initially, net income showed positive growth from 517 million US dollars in 2017 to 945 million US dollars in 2018. This was followed by a decline to 315 million US dollars in 2019. A substantial loss occurred in 2020, with net income dropping sharply to negative 4,672 million US dollars. In 2021, the company rebounded strongly, achieving a net income of 2,276 million US dollars.
This pattern is mirrored in the comprehensive income figures, which also demonstrate stability in the earlier years, a severe downturn in 2020, and a recovery in 2021. The comprehensive income attributable to Diamondback Energy, Inc. follows a similar trajectory, decreasing from 482 million US dollars in 2017 to 240 million US dollars in 2019, plunging into a loss of 4,517 million US dollars in 2020, and then recovering to 2,182 million US dollars in 2021.
Comprehensive income attributable to non-controlling interests exhibits less consistent behavior, with negative values from 2017 through 2019, a positive value of 155 million US dollars in 2020, and a return to negative 94 million US dollars in 2021, indicating varying impacts on minority stakeholders during this period.
The lines for current period change in fair value of postretirement plans and other comprehensive loss contain minimal data, showing only a negligible negative impact in 2018, which is not evident in other years.
- Net Income Trend
- Growth from 2017 to 2018, decline in 2019, substantial loss in 2020, and strong recovery in 2021.
- Comprehensive Income
- Mirrors net income trend with major loss in 2020 and rebound in 2021.
- Comprehensive Income Attributable to Diamondback Energy, Inc.
- Consistent with overall comprehensive income, reflecting company performance excluding minority interests.
- Comprehensive Income Attributable to Non-Controlling Interests
- Negative in most years except for 2020, suggesting varying effects on minority stakeholders, including a positive return during the loss year for the company overall.
- Other Comprehensive Items
- Minimal and isolated impact observed only in 2018, suggesting stability in these other comprehensive elements during the period.