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Pre-Tax Income at other companies

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ChevronCVX
$3.95B-29.3%
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Occidental PetroleumOXY
$390M-66.9%
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-$410M-277%
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Devon EnergyDVN
$166M-74.3%
Northern Oil and Gas logo
Northern Oil and GasNOG
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ConocoPhillips logo
ConocoPhillipsCOP
$3.36B-24.7%

Other financials

Income statement

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Revenue$4.2B+4.7%
Operating income$116.0M-93.1%
Net income$25.0M-98.2%
EPS (diluted)$0.08-98.3%

Balance sheet

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Cash & equivalents$176.0M-91.4%
Total debt$14.6B-1.2%
Total equity$36.5B-5.2%
Total assets$70.1B0.0%

Cash flow

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Operating cash flow$1.8B-22.4%

Valuation

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Market cap$49.45B+20.1%
Enterprise value$63.92B+14.0%
P/E15.7×-9.2×
P/S3.3×+0.3×

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 ratio0.6×-0.3×

Where this comes from

Reported directly by Diamondback Energy in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The official record: Diamondback Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Diamondback Energy's pre-tax income?
Diamondback Energy (FANG) reported pre-tax income of $176M in Q1 2026.
How has Diamondback Energy's pre-tax income changed year-over-year?
Diamondback Energy's pre-tax income decreased by 90.7% year-over-year, from $1.89B to $176M.
What is the long-term trend for Diamondback Energy's pre-tax income?
Over 3 years (2021 to 2024), Diamondback Energy's pre-tax income has grown at a 15.7% compound annual growth rate (CAGR), from $2.91B to $4.5B.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.