FANG FY 2023 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$52B

FY 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$8.3B-12.8% YoY

Gross Profit

$4.8B57.5% margin

Operating Income

$4.6B54.8% margin

Net Income

$3.1B37.7% margin

EPS (Diluted)

$17.34

Cash Flow

Operating Cash Flow

$5.9B

Free Cash Flow

$1.2B

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$29.0B

Total Liabilities

$11.6B

Stockholders' Equity

$16.6B

Cash & Equivalents

$582M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.3B	$9.6B	-12.8%
Gross Profit	$4.8B	$6.7B	-28.4%
Operating Income	$4.6B	$6.5B	-29.8%
Net Income	$3.1B	$4.4B	-28.3%