Diamondback Energy
FANG
#562
Rank
$35.36 B
Marketcap
$198.17
Share price
0.83%
Change (1 day)
51.61%
Change (1 year)

Operating Margin for Diamondback Energy (FANG)

Operating Margin as of March 2024 (TTM): 59.48%

According to Diamondback Energy 's latest financial reports and stock price the company's current Operating Margin is 59.48%. At the end of 2022 the company had an Operating Margin of 59.48%.

Operating Margin history for Diamondback Energy from 2012 to 2011

Operating Margin at the end of each year

Year Operating Margin Change
202259.48%39.08%
202142.77%-120.83%
2020-205.33%-2348.45%
20199.13%-82.15%
201851.15%23.99%
201741.26%-232.03%
2016-31.25%-81.36%
2015-167.68%-372.58%
201461.52%48.2%
201341.51%69.28%
201224.52%-20.37%
201130.79%-8.44%
201033.63%219.69%
200910.52%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
38.53%-35.22%๐Ÿ‡บ๐Ÿ‡ธ USA
40.80%-31.41%๐Ÿ‡บ๐Ÿ‡ธ USA
23.37%-60.71%๐Ÿ‡บ๐Ÿ‡ธ USA
21.77%-63.40%๐Ÿ‡จ๐Ÿ‡ฆ Canada

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.