EBIT Margin (Annual)

EBIT Margin: Earnings before interest and taxes as a portion of total revenues. Calculated as: EBIT / Total Revenues

Diamondback Energy, Inc. (FANG) had EBIT Margin of 54.33% for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$8.41B
Net Income	$3.14B
Cost of Goods Sold	$1.16B
Gross Profit	$7.25B
Operating Expenses	$3.84B
Operating Income	$4.57B
Non-Operating Income/Expense	$-322.00M
Pre-Tax Income	$4.25B
Normalized Pre-Tax Income	$4.25B
Income after Taxes	$3.34B
Income from Continuous Operations	$3.34B
Consolidated Net Income/Loss	$3.34B
Normalized Income after Taxes	$3.34B
EBIT	$4.57B
EBITDA	$6.32B
Weighted-Average Shares Outstanding (Basic)	180.00M
Weighted-Average Shares Outstanding (Diluted)	180.00M
Earnings per Share (EPS) (Basic)	$17.34
Earnings per Share (EPS) (Diluted)	$17.34
Balance Sheet Financials
Current Assets	$1.62B
Property, Plant, and Equipment	$26.67B
Long-Term Assets	$27.38B
Total Assets	$29.00B
Current Liabilities	$2.11B
Long-Term Debt	$6.64B
Long-Term Liabilities	$9.46B
Total Liabilities	$11.57B
Common Equity	$17.43B
Tangible Shareholders Equity	$17.43B
Shareholders Equity	$17.43B
Common Shares Outstanding	178.72M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$5.92B
Cash Flow from Investing Activities	$-3.32B
Cash Flow from Financial Activities	$-2.18B
Beginning Cash	$164.00M
End Cash	$585.00M
Increase/Decrease in Cash	$421.00M
Stock-Based Compensation	$54.00M
Common Stock Dividends Paid	$-1.57B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.77
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.28
Debt to Equity Ratio	0.38
Gross Margin	86.22%
Operating Margin	54.33%
EBIT Margin	54.33%
EBITDA Margin	75.08%
Pre-Tax Profit Margin	50.50%
Profit Margin	37.36%
Free Cash Flow	$4.63B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.29
Inventory Turnover	18.40
Receiveable Turnover	9.93
Days Sales in Receivables	36.75
Return on Equity	19.14%
Return on Tangible Equity	19.14%
Return on Assets	11.50%
Return on Investments	13.86%
Book Value Per Share	$97.52
Free Cash Flow per Share	$25.70
Operating Cash Flow per Share	$32.89

Data from Zacks Investment Research, Inc.