Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
195.05
-4.69 (-2.35%)
Nov 3, 2026, 12:51 PM EST - Market open

Diamondback Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Revenue
5,4315,2844,0243,1973,7433,4653,8903,5282,6362,3652,0322,1242,3241,7881,7231,9092,4172,5352,2221,907
Revenue Growth
45.10%52.50%3.45%-9.38%41.99%46.51%91.44%66.10%13.43%32.27%17.93%11.26%-3.85%-29.47%-22.46%0.10%37.49%49.38%114.48%161.59%
Gross Profit
3,9103,8892,9642,2272,6762,5213,0172,7471,7851,7421,7241,7401,8481,4901,6111,6812,0072,4482,0371,699
Operating Income
2,3182,561233-2,7651,3719361,8861,5161,0671,1881,1141,2631,3058509241,3461,6641,8761,1081,359
Net Income
1,6031,87125-1,4521,0146951,3991,0706538317639559075517089991,1721,399774993
Earnings Per Share
5.696.650.09-5.083.512.384.833.663.194.664.275.345.073.053.895.626.727.914.365.49
EPS Growth
62.11%179.53%-98.17%-10.05%-48.94%13.12%-31.37%-37.09%52.61%9.76%-5.07%-24.55%-61.41%-10.75%2.45%89.29%366.41%229.83%-

Revenue by Segment

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Upstream
5,5623,8253,0333,9243,3163,6573,4712,3542,1742,1012,1652,2651,8961,9022,0082,4172,7522,3892,0111,897
Midstream
000000000000000014171012

Cash & Debt

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Investments
5584621741041592191,8161613706,90889658282718461572743149664
Total Debt
13,23012,61413,89814,51616,27315,17914,02313,09913,03312,1606,8246,8046,4616,7357,1366,4415,5605,5955,9416,715
Net Cash (Debt)
-12,672-12,152-13,724-14,412-16,114-14,960-12,207-12,938-12,663-5,252-5,928-6,222-5,634-6,717-7,090-6,284-5,533-5,552-5,792-6,051
Net Cash Growth
--------------------
Net Cash Per Share
-45.26-43.21-48.53-50.43-55.79-51.21-42.15-44.33-61.85-29.45-33.21-34.80-31.50-37.24-38.96-35.37-31.72-31.39-32.62-33.43

Cash Flow & CapEx

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Operating Cash Flow
2,5993,5891,8282,3432,3831,6772,3552,3411,2091,5291,3341,6241,3581,5131,4251,4411,9251,7071,2521,167
Capital Expenditures
-2,183-1,434-1,247-1,158-2,310-3,989-1,692-1,859-1,169-687-762-655-852-856-1,537-1,594-745-553-721-807
Free Cash Flow
4162,1555811,18573-2,31266348240842572969506657-112-1531,1801,154531360
Free Cash Flow Growth
469.86%--12.37%145.85%82.50%-15.91%-50.26%-92.09%28.16%---57.12%-43.07%--52.26%124.95%-146.58%

Margins

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Gross Margin
71.99%73.60%73.66%69.66%71.49%72.76%77.56%77.86%67.72%73.66%84.84%81.92%79.52%83.33%93.50%88.06%83.04%96.57%91.67%89.09%
Operating Margin
42.68%48.47%5.79%-86.49%36.63%27.01%48.48%42.97%40.48%50.23%54.82%59.46%56.15%47.54%53.63%70.51%68.85%74.00%49.86%71.26%
Pretax Margin
41.83%49.87%4.37%-72.97%36.60%27.22%48.69%39.82%34.83%48.46%50.79%60.03%54.60%42.00%55.31%67.52%64.54%73.49%46.08%69.74%
Profit Margin
29.52%35.41%0.62%-45.42%27.09%20.06%35.96%30.33%24.77%35.14%37.55%44.96%39.03%30.82%41.09%52.33%48.49%55.19%34.83%52.07%
FCF Margin
7.66%40.78%14.44%37.07%1.95%-66.72%17.04%13.66%1.52%35.60%28.15%45.62%21.77%36.74%-6.50%-8.02%48.82%45.52%23.90%18.88%

Dividends

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Dividend Per Share
-1.1001.1001.0501.0001.0001.0001.0000.9002.3401.9703.0803.3700.8400.8302.9502.2603.0503.0500.600
Dividend Per Share Growth
-10.00%10.00%5.00%11.11%-57.27%-49.24%-67.53%-73.29%178.57%137.35%4.41%49.11%-72.46%-72.79%391.67%352.00%577.78%662.50%50.00%
Dividend Yield
-2.41%2.10%2.70%2.77%2.83%3.25%3.78%4.78%5.38%4.67%5.23%5.16%5.18%6.65%8.45%7.35%5.93%3.36%1.77%

Valuation

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingSep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
PE Ratio
25.1533.92197.30-9.9110.5211.7114.4215.8710.3311.138.898.756.945.805.544.945.598.959.04
Forward PE
9.718.4514.4613.6812.8511.9210.5611.299.3210.2411.337.357.796.836.385.524.604.506.956.55
P/FCF Ratio
11.8712.38----22.8324.7120.9712.3613.0813.7430.8415.13--6.647.5411.1611.99
PS Ratio
2.873.043.862.992.832.973.734.535.554.044.283.493.583.042.892.652.362.533.213.05