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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Diamondback Energy, Inc. (FANG) trades at a price to free cash flow of 5.9×. Over the past ten years it has ranged from 0.0× (December 2019) to 3,339× (December 2017); the current reading is higher than 50% of that period. That is below the Oil & Gas E&P industry median of 8.4× and below the Energy sector median of 8.9×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 6.3× (27.81%)
FY2024 8.7× 42.70%
FY2023 6.1× 24.17%
FY2022 4.9× (15.37%)
FY2021 5.8× 40.13%
FY2020 4.1× (23.62%)
FY2019 5.4× —
FY2018 0.0× —
FY2017 593× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 6.0× 6.87%
Jun 2026 5.6× (29.94%)
Mar 2026 8.0× 27.88%
Dec 2025 6.3× (15.26%)
43 more quarters

Against its own ten years

Low 0.0× High 3,339×
Ten-year median 5.9×
Current reading's percentile 50

Price to free cash flow against peers

Company Price to free cash flow
WDS Woodside Energy Group Ltd compare n/m
FANG Diamondback Energy, Inc. 5.9×
EXE Expand Energy Corporation compare 7.7×
EQT EQT Corporation compare 8.3×
OXY Occidental Petroleum Corporation compare 9.9×
EOG EOG Resources, Inc. compare 10.1×
PR Permian Resources Corporation compare 17.5×
DVN Devon Energy Corporation compare 25.1×
TPL Texas Pacific Land Corporation compare 44.9×
Oil & Gas E&P industry median 8.4×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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