Operating Profit Margin
since 2012
Calculation
Diamondback Energy Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Income (loss) from operations1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2021 | 58.86% | = | 100 | × | 4,001) | ÷ | 6,797) |
| Dec 31, 2020 | -194.67% | = | 100 | × | (5,476) | ÷ | 2,813) |
| Dec 31, 2019 | 17.53% | = | 100 | × | 695) | ÷ | 3,964) |
| Dec 31, 2018 | 46.45% | = | 100 | × | 1,011) | ÷ | 2,176) |
| Dec 31, 2017 | 50.20% | = | 100 | × | 605) | ÷ | 1,205) |
| Dec 31, 2016 | -13.02% | = | 100 | × | (69) | ÷ | 527) |
| Dec 31, 2015 | -165.71% | = | 100 | × | (740) | ÷ | 447) |
| Dec 31, 2014 | 42.90% | = | 100 | × | 213) | ÷ | 496) |
| Dec 31, 2013 | 45.77% | = | 100 | × | 95) | ÷ | 208) |
| Dec 31, 2012 | 23.09% | = | 100 | × | 17) | ÷ | 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
The financial data reveals significant fluctuations in the company's operational performance over the observed period. Revenues exhibited a generally strong upward trend from 2012 through 2021, increasing from $75 million to $6,797 million. This growth was not entirely linear, as some years showed slower increments, but overall, the revenue more than multiplied over the decade.
Income from operations, however, displayed a much more volatile pattern. Initial values started positive at $17 million in 2012 and peaked at $213 million in 2014 before experiencing a sharp decline in 2015 with a significant loss of $740 million. Subsequent years showed recovery and improvement peaking at $1,011 million in 2018. Another major downturn occurred in 2020 with a substantial loss of $5,476 million, followed by a strong rebound to an income of $4,001 million in 2021. This volatility suggests sensitivity to external or internal factors affecting operational profitability.
Operating profit margin mirrors the swings seen in income from operations, reflecting operational efficiency relative to revenue. Margins were robust in early years, reaching over 45% in 2013 and 2014, but plummeted drastically in 2015 to negative 165.71%, indicating significant operational challenges. After recovering to levels exceeding 50% in 2017, margins again declined, reaching negative 194.67% in 2020, which correlates with the major losses recorded. The final year shows a strong operational margin of 58.86%, underscoring a period of exceptional profitability.
- Revenue Trends
- Consistent growth over the analyzed years with occasional moderation, culminating in nearly a 90-fold increase from 2012 to 2021.
- Income from Operations
- Marked by volatility, with significant losses in 2015 and 2020 overshadowing gains in other periods, indicating fluctuating operational success and possible external economic impacts.
- Operating Profit Margin
- Highly variable, reflecting the swings in operating income, with strong profitability in select years and deep negative margins during crisis periods, suggesting considerable operational leverage.