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EBIT at other companies

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Ring EnergyREI
$50.27M+114%

Other financials

Income statement

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Revenue$5.6B+51.2%
Operating income$2.5B+121%
Net income$1.9B+169%
EPS (diluted)$6.65+179%

Balance sheet

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Cash & equivalents$464.0M+110%
Total debt$14.2B-6.5%
Total equity$37.9B-2.5%
Total assets$70.2B-2.4%

Cash flow

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Operating cash flow$3.6B+114%

Valuation

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Market cap$52.13B+24.0%
Enterprise value$65.83B+15.6%
P/E14.4×-8.4×
P/S3.1×+0.1×

Profitability

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Operating margin35.5%-8.2pp
Net margin27.3%-6.3pp

Returns & leverage

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Return on equity11%-1.0pp
Debt / equity0.4×0.0×
Current ratio0.5×-0.1×

Where this comes from

Calculated from Diamondback Energy’s reported figures.

The source filing: Diamondback Energy’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001539838-26-000142

FAQ

What is Diamondback Energy's EBIT?
Diamondback Energy (FANG) reported EBIT of $2.51B in Q2 2026.
How has Diamondback Energy's EBIT changed year-over-year?
Diamondback Energy's EBIT increased by 120.5% year-over-year, from $1.14B to $2.51B.
What is the long-term trend for Diamondback Energy's EBIT?
Over 3 years (2021 to 2024), Diamondback Energy's EBIT has grown at a 3.2% compound annual growth rate (CAGR), from $4B to $4.4B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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