Diamondback Energy, Inc. FANG
- Market cap
- $52.3B
- P/E
- 36.4×
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Diamondback Energy, Inc. (FANG) Return on assets
Diamondback Energy, Inc.'s return on assets over the twelve months to 30 June 2026 was 2.06%, down 0.4 percentage points from fiscal 2025 (2.41%). Over the past ten years it has ranged from −22.0% (fiscal 2020) to 17.9% (fiscal 2022); the current reading is higher than 45% of that period. That is below the Oil & Gas E&P industry median of 5.81% and below the Energy sector median of 3.37%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 2.41% | (4.52) |
| FY2024 | 6.93% | (4.46) |
| FY2023 | 11.4% | (6.47) |
| FY2022 | 17.9% | 7.09 |
| FY2021 | 10.8% | 32.72 |
| FY2020 | −22.0% | (23.01) |
| FY2019 | 1.06% | (4.70) |
| FY2018 | 5.76% | (1.59) |
| FY2017 | 7.35% | 11.42 |
| FY2016 | −4.07% | 14.77 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| TPL Texas Pacific Land Corporation compare | 33.2% |
| EOG EOG Resources, Inc. compare | 13.6% |
| EXE Expand Energy Corporation compare | 9.97% |
| OXY Occidental Petroleum Corporation compare | 7.93% |
| PR Permian Resources Corporation compare | 6.86% |
| EQT EQT Corporation compare | 6.70% |
| DVN Devon Energy Corporation compare | 6.41% |
| FANG Diamondback Energy, Inc. | 2.06% |
| WDS Woodside Energy Group Ltd compare | 0.00% |
| Oil & Gas E&P industry median | 5.81% |
| Energy sector median | 3.37% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on FANG
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement