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

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.