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.
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Diamondback Energy, Inc. (FANG) P/B ratio
As of 16 October 2026, Diamondback Energy, Inc. (FANG) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.2× (March 2020) to 3.2× (August 2016); the current reading is higher than 38% of that period. That is in line with the Oil & Gas E&P industry median of 1.3× and below the Energy sector median of 1.6×.
P/B ratio, daily
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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 |
|---|---|---|
| Jun 2026 | 1.1× | (14.33%) |
| Mar 2026 | 1.3× | 29.70% |
| Dec 2025 | 1.0× | 11.67% |
| Sep 2025 | 0.9× | (3.38%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | n/m |
| DVN Devon Energy Corporation compare | 1.1× |
| EXE Expand Energy Corporation compare | 1.1× |
| EQT EQT Corporation compare | 1.2× |
| FANG Diamondback Energy, Inc. | 1.3× |
| PR Permian Resources Corporation compare | 1.7× |
| OXY Occidental Petroleum Corporation compare | 1.8× |
| EOG EOG Resources, Inc. compare | 2.6× |
| TPL Texas Pacific Land Corporation compare | 14.5× |
| Oil & Gas E&P industry median | 1.3× |
| Energy sector median | 1.6× |
| Market median | 1.7× |
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))
More on FANG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement