• Diamondback Energy average ebit margin for 2023 was 58.4%, a 12.25% decline from 2022.
• Diamondback Energy average ebit margin for 2022 was 66.55%, a 638.43% decline from 2021.
• Diamondback Energy average ebit margin for 2021 was -12.36%, a 89.5% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues