Diamondback Energy, Inc. (FANG)

NASDAQ: FANG · Real-Time Price · USD

197.14

-3.79 (-1.89%)

At close: Oct 22, 2026, 4:00 PM EDT

197.67

+0.53 (0.27%)

After-hours: Oct 22, 2026, 7:54 PM EDT

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	Jun '26 Jun 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	16,248	14,295	10,561	8,339	9,566	6,747
Revenue Growth	20.19%	35.36%	26.65%	-12.83%	41.78%	144.81%
Gross Profit	11,756	10,441	7,998	6,544	8,045	5,545
Operating Income	1,488	1,516	4,885	4,331	5,994	3,101
Net Income	1,458	1,656	3,317	3,121	4,344	2,162
Earnings Per Share	5.12	5.73	15.53	17.34	24.61	12.24
EPS Growth	-63.82%	-63.11%	-10.43%	-29.54%	101.04%	-

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	462	104	161	582	157	664
Total Debt	12,614	14,516	13,099	6,804	6,441	6,715
Net Cash (Debt)	-12,152	-14,412	-12,938	-6,222	-6,284	-6,051
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-42.69	-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	Jun '26 Jun 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	10,143	8,758	6,413	5,920	6,325	3,944
Capital Expenditures	-6,149	-9,149	-4,477	-3,900	-3,613	-2,274
Free Cash Flow	3,994	-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	Jun '26 Jun 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	72.35%	73.04%	75.73%	78.47%	84.10%	82.19%
Operating Margin	9.16%	10.61%	46.26%	51.94%	62.66%	45.96%
Pretax Margin	11.37%	13.11%	42.62%	50.94%	59.96%	43.09%
Profit Margin	8.97%	11.58%	31.41%	37.43%	45.41%	32.04%
FCF Margin	24.58%	-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	Oct '26 Oct 23, 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	4.400	4.050	6.210	8.120	11.310	1.950
Dividend Per Share Growth	8.97%	-34.78%	-23.52%	-28.21%	480.00%	27.87%
Dividend Yield	2.23%	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	Oct '26 Oct 23, 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	38.51	25.82	14.42	8.89	5.54	9.04
Forward PE	8.81	13.68	11.29	7.35	5.52	6.55
P/FCF Ratio	13.84	-	24.71	13.74	8.88	11.70
PS Ratio	3.40	2.99	4.53	3.33	2.52	2.90