• Diamondback Energy average pre-tax profit margin for 2023 was 54.75%, a 0.76% decline from 2022.
• Diamondback Energy average pre-tax profit margin for 2022 was 55.17%, a 246.11% decline from 2021.
• Diamondback Energy average pre-tax profit margin for 2021 was -37.76%, a 68.51% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.