Diamondback Net Income from 2010 to 2024

FANG Stock  USD 202.58  1.84  0.92%   
Diamondback Energy's Net Income is increasing over the last several years with slightly volatile swings. Net Income is estimated to finish at about 3.3 B this year. During the period from 2010 to 2024 Diamondback Energy Net Income regressed destribution of quarterly values had mean deviationof  1,427,650,006 and mean square error of 3769984.4 T. View All Fundamentals
 
Net Income  
First Reported
2009-12-31
Previous Quarter
915 M
Current Value
960 M
Quarterly Volatility
570.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 183.8 M or Total Revenue of 8.8 B, as well as many exotic indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
This module can also supplement Diamondback Energy's financial leverage analysis and stock options assessment as well as various Diamondback Energy Technical models . Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Net Income Growth Pattern

Below is the plot of the Net Income of Diamondback Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Diamondback Energy financial statement analysis. It represents the amount of money remaining after all of Diamondback Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Diamondback Energy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.34 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Diamondback Net Income Regression Statistics

Arithmetic Mean629,889,391
Coefficient Of Variation334.15
Mean Deviation1,427,650,006
Median193,755,000
Standard Deviation2,104,759,332
Sample Variance4430011.8T
Range9.1B
R-Value0.46
Mean Square Error3769984.4T
R-Squared0.21
Significance0.09
Slope215,558,810
Total Sum of Squares62020165.9T

Diamondback Net Income History

20243.3 B
20233.1 B
20224.4 B
20212.2 B
2020-4.7 B
2019240 M
2018845.7 M

Other Fundumenentals of Diamondback Energy

Diamondback Energy Net Income component correlations

About Diamondback Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Diamondback Energy income statement, its balance sheet, and the statement of cash flows. Diamondback Energy investors use historical funamental indicators, such as Diamondback Energy's Net Income, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may use each financial statement separately, they are all related. The changes in Diamondback Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Diamondback Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Diamondback Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income3.3 B3.5 B
Net Income Applicable To Common SharesB5.3 B
Net Income From Continuing Ops3.3 B3.5 B
Net Income Per Share 17.46  18.33 
Net Income Per E B T 0.74  0.58 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Diamondback Stock analysis

When running Diamondback Energy's price analysis, check to measure Diamondback Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondback Energy is operating at the current time. Most of Diamondback Energy's value examination focuses on studying past and present price action to predict the probability of Diamondback Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondback Energy's price. Additionally, you may evaluate how the addition of Diamondback Energy to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Managers
Screen money managers from public funds and ETFs managed around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Is Diamondback Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
8.12
Earnings Share
17.34
Revenue Per Share
44.217
Quarterly Revenue Growth
0.113
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.