Diamondback Energy, Inc.

FANG Energy Oil & Gas E&P

Diamondback Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, up 35.8% from fiscal 2024. In the quarter to June 2026, revenue grew 51.2%, EPS grew 179.4%, free cash flow grew 219.2% and total debt fell 16.6%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100.

203.83 8.23 +4.21%
Market cap
$54.8B
P/E
39.7×
Fwd P/E
11.5×
Dividend yield
2.09%
F-score
4/9
Altman Z
1.25
Beneish M
−3.13
Dividend safety
37/100

Diamondback Energy, Inc. (FANG) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, Diamondback Energy, Inc. (FANG) trades at a EV/FCF of 7.9×. Over the past ten years it has ranged from −772× (January 2019) to 3,669× (December 2017); the current reading is higher than 54% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 8.4× (29.67%)
FY2024 11.9× 60.50%
FY2023 7.4× 19.48%
FY2022 6.2× (18.80%)
FY2021 7.6× 5.57%
FY2020 7.2× (0.89%)
FY2019 7.3× —
FY2018 −697× —
FY2017 658× —
FY2016 −192× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 7.0× (29.92%)
Mar 2026 10.0× 19.65%
Dec 2025 8.4× (18.25%)
Sep 2025 10.2× (17.60%)
42 more quarters

Against its own ten years

Low −772× High 3,669×
Ten-year median 7.4×
Current reading's percentile 40

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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