Diamondback Energy, Inc. Net Income 2010-2025 | FANG
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is Diamondback Energy, Inc.'s current net income?
Diamondback Energy, Inc. (FANG) annual net income for 2024 was $3.34B, a 6.20% increase from 2023. Diamondback Energy, Inc. net income for the quarter ending September 30, 2025 was $1.02B.
What was Diamondback Energy, Inc.'s net income in 2023?
Diamondback Energy, Inc. annual net income for 2023 was $3.14B, a 28.34% decline from 2022.
What was Diamondback Energy, Inc.'s net income in 2022?
Diamondback Energy, Inc. annual net income for 2022 was $4.39B, a 101.01% increase from 2021.
What is Diamondback Energy, Inc.'s 5-year net income CAGR?
Diamondback Energy, Inc. net income grew at a compound annual growth rate (CAGR) of 69.30% from FY2019 to FY2024, going from $240.0M to $3.34B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $3.34B | +6.2% | 10-K |
| FY2023 | $3.14B | -28.3% | 10-K |
| FY2022 | $4.39B | +101.0% | 10-K |
| FY2021 | $2.18B | +148.3% | 10-K |
| FY2020 | $-4.52B | -1982.1% | 10-K |
| FY2019 | $240.0M | -71.6% | 10-K |
| FY2018 | $846.0M | +75.5% | 10-K |
| FY2017 | $482.0M | +392.1% | 10-K |
| FY2016 | $-165.0M | +70.0% | 10-K |
| FY2015 | $-550.6M | -384.2% | 10-K |
| FY2014 | $193.8M | +254.9% | 10-K |
| FY2013 | $54.6M | +249.5% | 10-K |
| FY2012 | $-36.5M | -9361.4% | 10-K |
| FY2011 | $-386,000 | -104.7% | 10-K |
| FY2010 | $8.2M | - | 10-K |