Diamondback Energy's EBIT per Share for the
three
months ended in Dec. 2023 was $7.34.
Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $24.60.
During the past 12 months, the average EBIT per Share Growth Rate of Diamondback Energy was -31.10% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 94.70% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 36.10% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 32.70% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Diamondback Energy's EBIT per Share or its related term are showing as below:
FANG'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -17.7 Med: 58.2 Max: 103.6
Current: 94.7
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Diamondback Energy was 103.60% per year. The lowest was -17.70% per year. And the median was 58.20% per year.
FANG's 3-Year EBIT Growth Rate is ranked better than 91.49% of 693
companies
in the Oil & Gas industry
Industry Median: 19.9
vs FANG: 94.70
The historical data trend for Diamondback Energy's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.60
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Diamondback Energy (NAS:FANG) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Diamondback Energy EBIT per Share Related Terms
Thank you for viewing the detailed overview of Diamondback Energy's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Diamondback Energy (Diamondback Energy) Business Description
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2022, the company reported net proven reserves of 2 billion barrels of oil equivalent. Net production averaged about 386,000 barrels per day in 2022, at a ratio of 58% oil, 21% natural gas liquids, and 21% natural gas.
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