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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Diamondback Energy, Inc. (FANG) trades at a P/B ratio of 1.1×. Over the past ten years it has ranged from 0.2× (March 2020) to 3.2× (August 2016); the current reading is higher than 29% of that period. That is below the Oil & Gas E&P industry median of 1.2× and below the Energy sector median of 1.4×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.0× 15.23%
FY2024 0.9× (45.87%)
FY2023 1.6× 9.69%
FY2022 1.5× 2.77%
FY2021 1.4× 84.43%
FY2020 0.8× (23.43%)
FY2019 1.0× 48.77%
FY2018 0.7× (69.34%)
FY2017 2.2× 15.74%
FY2016 1.9× (3.50%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.1× 1.46%
Jun 2026 1.1× (14.33%)
Mar 2026 1.3× 29.70%
Dec 2025 1.0× 11.67%
43 more quarters

Against its own ten years

Low 0.2× High 3.2×
Ten-year median 1.6×
Current reading's percentile 31

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on FANG