Diamondback Energy, Inc. (FANG)
NASDAQ: FANG · Real-Time Price · USD
198.82
+8.51 (4.47%)
Jul 29, 2026, 1:28 PM EDT - Market open

Diamondback Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
15,21815,02611,0668,4129,6436,797
Revenue Growth
18.09%35.78%31.55%-12.77%41.87%141.63%
Gross Profit
10,31410,3217,8656,6178,1225,595
Operating Income
-2911,2664,3964,5706,5084,001
Net Income
2841,6643,3383,1434,3862,182
Earnings Per Share
0.865.7315.5317.3424.6112.24
EPS Growth
-94.74%-63.10%-10.44%-29.54%101.06%-

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
174104161582157654
Total Debt
13,89814,48912,9756,6416,2486,687
Net Cash (Debt)
-13,724-14,385-12,814-6,059-6,091-6,033
Net Cash Growth
------
Net Cash Per Share
-47.75-49.76-60.01-33.66-34.50-34.15

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
8,2318,7586,4135,9206,3253,944
Capital Expenditures
-3,514-3,523-2,867-2,701-1,938-1,487
Free Cash Flow
4,7175,2353,5463,2194,3872,457
Free Cash Flow Growth
11.41%47.63%10.16%-26.62%78.55%848.65%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
67.77%68.69%71.07%78.66%84.23%82.32%
Operating Margin
-1.91%8.43%39.73%54.33%67.49%58.86%
Pretax Margin
1.03%12.47%40.67%50.50%59.48%42.77%
Profit Margin
1.31%10.30%33.44%39.66%47.31%33.49%
FCF Margin
31.00%34.84%32.04%38.27%45.49%36.15%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.4004.0506.2108.12011.3101.950
Dividend Per Share Growth
-20.80%-34.78%-23.52%-28.21%480.00%27.87%
Dividend Yield
2.21%2.66%4.51%5.17%6.51%1.64%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
196.0226.2410.558.945.568.81
Forward PE
9.7813.6811.297.355.526.55
P/FCF Ratio
-8.1713.448.615.617.79
PS Ratio
3.872.854.313.292.552.82