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/E ratio
As of 16 October 2026, Diamondback Energy, Inc. (FANG) trades at a P/E ratio of 39.7×. Over the past ten years it has ranged from 0.0× (September 2021) to 248× (May 2026); the current reading is higher than 94% of that period. That is above the Oil & Gas E&P industry median of 11.0× and above the Energy sector median of 13.9×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 26.8× | 169.19% |
| FY2024 | 10.0× | 9.94% |
| FY2023 | 9.1× | 70.10% |
| FY2022 | 5.3× | (39.73%) |
| FY2021 | 8.8× | — |
| FY2020 | 0.0× | — |
| FY2019 | 65.9× | 465.52% |
| FY2018 | 11.6× | (54.65%) |
| FY2017 | 25.7× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 34.3× | (85.10%) |
| Mar 2026 | 230× | 758.27% |
| Dec 2025 | 26.8× | 181.79% |
| Sep 2025 | 9.5× | 1.93% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | 3.6× |
| EXE Expand Energy Corporation compare | 8.0× |
| OXY Occidental Petroleum Corporation compare | 9.5× |
| DVN Devon Energy Corporation compare | 12.0× |
| EOG EOG Resources, Inc. compare | 12.2× |
| EQT EQT Corporation compare | 12.5× |
| PR Permian Resources Corporation compare | 15.9× |
| FANG Diamondback Energy, Inc. | 39.7× |
| TPL Texas Pacific Land Corporation compare | 44.7× |
| Oil & Gas E&P industry median | 11.0× |
| Energy sector median | 13.9× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
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/S ratio
- P/B 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