Operating Income (Quarterly)

Operating Income: The income after operating expenses.

Diamondback Energy, Inc. (FANG) had Operating Income of $1.12B for the most recently reported fiscal quarter, ending 2024-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2024-03-31

Income Statement Financials
Revenue	$2.23B
Net Income	$763.00M
Cost of Goods Sold	$332.00M
Gross Profit	$1.90B
Operating Expenses	$1.11B
Operating Income	$1.12B
Non-Operating Income/Expense	$-86.00M
Pre-Tax Income	$1.03B
Normalized Pre-Tax Income	$1.03B
Income after Taxes	$809.00M
Income from Continuous Operations	$809.00M
Consolidated Net Income/Loss	$809.00M
Normalized Income after Taxes	$809.00M
EBIT	$1.12B
EBITDA	$1.59B
Weighted-Average Shares Outstanding (Basic)	178.48M
Weighted-Average Shares Outstanding (Diluted)	178.48M
Earnings per Share (EPS) (Basic)	$4.28
Earnings per Share (EPS) (Diluted)	$4.28
Balance Sheet Financials
Current Assets	$1.95B
Property, Plant, and Equipment	$27.02B
Long-Term Assets	$27.74B
Total Assets	$29.69B
Current Liabilities	$2.12B
Long-Term Debt	$6.63B
Long-Term Liabilities	$9.55B
Total Liabilities	$11.67B
Common Equity	$18.02B
Tangible Shareholders Equity	$18.02B
Shareholders Equity	$18.02B
Common Shares Outstanding	178.34M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.33B
Cash Flow from Investing Activities	$-751.00M
Cash Flow from Financial Activities	$-269.00M
Beginning Cash	$585.00M
End Cash	$899.00M
Increase/Decrease in Cash	$314.00M
Stock-Based Compensation	$14.00M
Common Stock Dividends Paid	$-592.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.92
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.27
Debt to Equity Ratio	0.37
Gross Margin	85.09%
Operating Margin	50.20%
EBIT Margin	50.20%
EBITDA Margin	--
Pre-Tax Profit Margin	46.34%
Profit Margin	34.26%
Free Cash Flow	$737.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.07
Inventory Turnover	5.82
Receiveable Turnover	2.36
Days Sales in Receivables	38.07
Return on Equity	4.49%
Return on Tangible Equity	4.49%
Return on Assets	2.72%
Return on Investments	3.28%
Book Value Per Share	$101.04
Free Cash Flow per Share	$4.13
Operating Cash Flow per Share	$7.47

Data from Zacks Investment Research, Inc.