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/S ratio
As of 16 October 2026, Diamondback Energy, Inc. (FANG) trades at a P/S ratio of 3.4×. Over the past ten years it has ranged from 0.6× (March 2020) to 18.6× (December 2016); the current reading is higher than 36% of that period. That is above the Oil & Gas E&P industry median of 2.0× and above the Energy sector median of 1.8×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 2.9× | (8.52%) |
| FY2024 | 3.2× | (5.90%) |
| FY2023 | 3.4× | 39.68% |
| FY2022 | 2.4× | (14.19%) |
| FY2021 | 2.8× | 3.12% |
| FY2020 | 2.7× | (29.03%) |
| FY2019 | 3.8× | (14.07%) |
| FY2018 | 4.5× | (56.91%) |
| FY2017 | 10.3× | (29.67%) |
| FY2016 | 14.7× | 55.83% |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 2.9× | (21.36%) |
| Mar 2026 | 3.7× | 27.09% |
| Dec 2025 | 2.9× | 7.49% |
| Sep 2025 | 2.7× | (5.61%) |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | n/m |
| EXE Expand Energy Corporation compare | 1.6× |
| DVN Devon Energy Corporation compare | 2.4× |
| OXY Occidental Petroleum Corporation compare | 2.6× |
| EOG EOG Resources, Inc. compare | 3.1× |
| FANG Diamondback Energy, Inc. | 3.4× |
| EQT EQT Corporation compare | 3.6× |
| PR Permian Resources Corporation compare | 3.6× |
| TPL Texas Pacific Land Corporation compare | 27.0× |
| Oil & Gas E&P industry median | 2.0× |
| Energy sector median | 1.8× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (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/E 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