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.

Revenue
+38.4%
EPS
+80.2%
Free cash flow
−12.2%
Total debt
−18.5%

Quarter to September 2026, against a year earlier

180.12 2.76 −1.51%
Market cap
$50.2B
P/E
22.7×
Fwd P/E
11.1×
Dividend yield
2.36%
F-score
4/9
Altman Z
1.25
Beneish M
−3.13
Dividend safety
37/100

Diamondback Energy, Inc. (FANG) Free cash flow

Alert me on Free cash flow

Diamondback Energy, Inc.'s free cash flow for fiscal 2025 was $6.9B, up 72.1% from $4.0B in fiscal 2024. Over the twelve months to 30 September 2026 it was $8.5B. Over the past ten years it has ranged from −$37.4M (fiscal 2016) to $6.9B (fiscal 2025) — the current reading is the highest in ten years. Diamondback Energy, Inc. ranks 3rd of 68 Oil & Gas E&P companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $6.9B 72.07%
FY2024 $4.0B (13.25%)
FY2023 $4.6B (1.87%)
FY2022 $4.7B 43.85%
FY2021 $3.3B 77.81%
FY2020 $1.8B (34.06%)
FY2019 $2.8B —
FY2018 −$20.0M —
FY2017 $21.0M —
FY2016 −$37.4M —

Quarterly newest first

Period Free cash flow Change
Sep 2026 $1.6B (38.06%)
Jun 2026 $2.6B 76.52%
Mar 2026 $1.5B (45.61%)
Dec 2025 $2.8B 47.70%
43 more quarters

Against its own ten years

Low −$37.4M High $6.9B
Ten-year median $2.8B
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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