Net Profit Margin
since 2012
Calculation
Diamondback Energy Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to Diamondback Energy, Inc.1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 32.10% | = | 100 | × | 2,182) | ÷ | 6,797) |
| Dec 31, 2020 | -160.58% | = | 100 | × | (4,517) | ÷ | 2,813) |
| Dec 31, 2019 | 6.05% | = | 100 | × | 240) | ÷ | 3,964) |
| Dec 31, 2018 | 38.86% | = | 100 | × | 846) | ÷ | 2,176) |
| Dec 31, 2017 | 40.02% | = | 100 | × | 482) | ÷ | 1,205) |
| Dec 31, 2016 | -31.31% | = | 100 | × | (165) | ÷ | 527) |
| Dec 31, 2015 | -123.26% | = | 100 | × | (551) | ÷ | 447) |
| Dec 31, 2014 | 39.09% | = | 100 | × | 194) | ÷ | 496) |
| Dec 31, 2013 | 26.24% | = | 100 | × | 55) | ÷ | 208) |
| Dec 31, 2012 | -48.72% | = | 100 | × | (37) | ÷ | 75) |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
1 US$ in millions
- Net income (loss) attributable to Diamondback Energy, Inc.
- The net income exhibits considerable volatility over the analyzed period. Initially, there is a loss of $37 million in 2012, followed by a steady increase to a positive peak of $194 million in 2014. A significant downturn is observed in 2015 with a large loss of $551 million, recurring losses again in 2016. The period from 2017 to 2019 shows an upward trend with net income increasing and peaking at $846 million in 2018. This is followed by a sharp decline with a significant loss in 2020 amounting to $4,517 million. The figure recovers strongly in 2021, reaching $2,182 million, marking the highest net income in the dataset.
- Revenues
- Revenues demonstrate a consistent upward trajectory throughout the entire period. Starting at $75 million in 2012, revenue grows steadily each year, with notable acceleration beginning in 2016. Revenue reached its peak at $6,797 million in 2021, representing substantial growth over the decade. Despite the drop in 2020 compared to 2019, overall revenue increased significantly, indicating strong top-line expansion.
- Net profit margin
- The net profit margin reflects the fluctuations seen in net income, showing high volatility. It starts with a negative margin of -48.72% in 2012, improves to positive margins above 25% and 30% in 2013 and 2014 respectively, then plunges to deeply negative margins in 2015 (-123.26%) and 2016 (-31.31%). The margin recovers significantly in the following years, maintaining levels around 40% for 2017 and 2018, before falling sharply in 2019 and reaching the lowest point of -160.58% in 2020. In 2021, the margin rebounds to a positive 32.1%, which aligns with the substantial recovery in net income and continued revenue growth.
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Comparison to Competitors
Diamondback Energy Inc., net profit margin, long-term trends, comparison to competitors
| Diamondback Energy Inc. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | |
|---|---|---|---|---|
| Dec 31, 2021 | 32.10% | 10.04% | 17.63% | 8.33% |
| Dec 31, 2020 | -160.58% | -5.87% | -14.38% | -12.57% |
| Dec 31, 2019 | 6.05% | 2.09% | 22.07% | 5.61% |
| Dec 31, 2018 | 38.86% | 9.33% | 17.18% | 7.46% |
| Dec 31, 2017 | 40.02% | 6.83% | -2.94% | 8.31% |
| Dec 31, 2016 | -31.31% | -0.45% | -15.26% | 3.59% |
| Dec 31, 2015 | -123.26% | 3.53% | -14.98% | 6.22% |
| Dec 31, 2014 | 39.09% | 9.60% | 13.08% | 8.25% |
| Dec 31, 2013 | 26.24% | 9.73% | 16.83% | 7.74% |
| Dec 31, 2012 | -48.72% | 11.35% | 14.54% | 9.90% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Diamondback Energy Inc., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Diamondback Energy Inc. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2021 | 32.10% | 9.78% |
| Dec 31, 2020 | -160.58% | -10.51% |
| Dec 31, 2019 | 6.05% | 5.71% |
| Dec 31, 2018 | 38.86% | 8.83% |
| Dec 31, 2017 | 40.02% | 7.00% |
| Dec 31, 2016 | -31.31% | 1.06% |
| Dec 31, 2015 | -123.26% | 3.89% |
| Dec 31, 2014 | 39.09% | 9.06% |
| Dec 31, 2013 | 26.24% | 9.08% |
| Dec 31, 2012 | -48.72% | 10.72% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).
Comparison to Industry (Energy)
Diamondback Energy Inc., net profit margin, long-term trends, comparison to industry (energy)
| Diamondback Energy Inc. | Energy | |
|---|---|---|
| Dec 31, 2021 | 32.10% | 9.70% |
| Dec 31, 2020 | -160.58% | -13.06% |
| Dec 31, 2019 | 6.05% | 3.11% |
| Dec 31, 2018 | 38.86% | 8.68% |
| Dec 31, 2017 | 40.02% | 6.15% |
| Dec 31, 2016 | -31.31% | 0.54% |
| Dec 31, 2015 | -123.26% | 4.04% |
| Dec 31, 2014 | 39.09% | 9.21% |
| Dec 31, 2013 | 26.24% | 9.44% |
| Dec 31, 2012 | -48.72% | 10.84% |
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), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).