Diamondback Energy, Inc. (FANG)

NASDAQ: FANG · Real-Time Price · USD

180.98

+2.90 (1.63%)

At close: Nov 11, 2026, 4:00 PM EST

180.56

-0.42 (-0.23%)

After-hours: Nov 11, 2026, 7:59 PM EST

Diamondback Energy Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,662	14,295	10,561	8,339	9,566	6,747
Revenue Growth	20.76%	35.36%	26.65%	-12.83%	41.78%	144.81%
Gross Profit	13,003	10,441	7,998	6,544	8,045	5,545
Operating Income	2,452	1,516	4,885	4,331	5,994	3,101
Net Income	2,040	1,656	3,317	3,121	4,344	2,162
Earnings Per Share	7.22	5.73	15.53	17.34	24.61	12.24
EPS Growth	-49.73%	-63.11%	-10.43%	-29.54%	101.04%	-

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	558	104	161	582	157	664
Total Debt	13,230	14,516	13,099	6,804	6,441	6,715
Net Cash (Debt)	-12,672	-14,412	-12,938	-6,222	-6,284	-6,051
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-44.87	-49.85	-60.59	-34.57	-35.60	-34.26

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	10,359	8,758	6,413	5,920	6,325	3,944
Capital Expenditures	-6,022	-9,149	-4,477	-3,900	-3,613	-2,274
Free Cash Flow	4,337	-391	1,936	2,020	2,712	1,670
Free Cash Flow Growth	-	-	-4.16%	-25.52%	62.40%	2637.70%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	73.62%	73.04%	75.73%	78.47%	84.10%	82.19%
Operating Margin	13.88%	10.61%	46.26%	51.94%	62.66%	45.96%
Pretax Margin	15.57%	13.11%	42.62%	50.94%	59.96%	43.09%
Profit Margin	11.55%	11.58%	31.41%	37.43%	45.41%	32.04%
FCF Margin	24.56%	-2.73%	18.33%	24.22%	28.35%	24.75%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	4.720	4.050	6.210	8.120	11.310	1.950
Dividend Per Share Growth	10.75%	-34.78%	-23.52%	-28.21%	480.00%	27.87%
Dividend Yield	2.61%	2.70%	3.78%	5.23%	8.45%	1.77%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	25.06	25.82	14.42	8.89	5.54	9.04
Forward PE	7.93	13.68	11.29	7.35	5.52	6.55
P/FCF Ratio	11.65	-	24.71	13.74	8.88	11.70
PS Ratio	2.86	2.99	4.53	3.33	2.52	2.90