Diamondback Energy gross margin for the quarter ending December 31, 2024 was 85.16%.

• Diamondback Energy average gross margin for 2023 was 87.68%, a 3.31% decline from 2022.
• Diamondback Energy average gross margin for 2022 was 90.68%, a 5.08% decline from 2021.
• Diamondback Energy average gross margin for 2021 was 86.3%, a 8.51% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.