Saturday 17 October 2026 Export FANG’s income statement to Excel — free account

Diamondback Energy, Inc.

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.

203.83 8.23 +4.21%

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Market cap: $54.8B
P/E: 39.7×
Fwd P/E: 11.5×
Dividend yield: 2.09%
F-score: 4/9
Altman Z: 1.25
Beneish M: −3.13
Dividend safety: 37/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 2,847.77

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	5	2	—	2	16	1	6	8	—	7	4	1

Insider Ownership 24.09%

Capital & Financial Ratios $m

Market Cap 54,770.00

Revenue 17,102.00

Net Income 1,516.00

Free Cash Flow 8,767.00

Net Debt 12,150.00

Current Ratio 0.47

Debt/Equity 0.29

P/E ratio 39.73

Fwd P/E 11.50

P/S ratio 3.35

P/B ratio 1.30

Past 5Y EPS Growth —

This Y EPS Growth 65.59%

Next Y EPS Growth (8.65%)

Next Y revenue growth 25.70%

Next 5Y EPS Growth 13.09%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 90.65%

10-year low 10-year high

P/S against its own 10 years 39.51%

10-year low 10-year high

P/B against its own 10 years 42.06%

10-year low 10-year high

EV/Sales against its own 10 years 31.99%

10-year low 10-year high

EV/FCF against its own 10 years 39.99%

10-year low 10-year high

Dividends

Payout Ratio 0.83

Annual Dividend Rate 4.25

Annual Dividend Yield 2.09%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	4.36	1.05 1.10 1.10
2025	4.00	1.00 1.00 1.00 1.00
2024	3.24	2.18 1.07 2.34 0.90
2023	1.64	2.15 0.80 0.84 2.53
2022	1.35	0.60 2.35 2.30 0.75
2021	1.75	0.40 0.40 0.45 0.50
2020	1.50	0.38 0.38 0.38 0.38
2019	0.69	0.13 0.19 0.19 0.19
2018	0.38	0.13 0.13 0.13
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	585	164	106	464
Receivables	846	1,585	1,386	1,930
Inventory	63	116	86	67
Other	17	168	—	—
	1,621	2,110	1,915	2,650

	2023	2024	2025	Q'26
Payables	261	943	1,168	1,264
ST’ Debt	—	900	763	1,548
Other	86	43	15	36
	2,108	4,811	4,600	5,678

Compound Annual Growth %

	10y	5y	3y
Sales	42.13%	39.81%	15.93%
Cash Flow	35.61%	32.83%	11.46%
Earnings	0.00%	0.00%	(27.61%)
Book Value	35.18%	34.38%	39.91%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,240	5,562	—	—	—
’25	4,048	3,678	3,924	3,376	15,026
’24	2,227	2,483	2,645	3,711	11,066
’23	1,925	1,919	2,340	2,228	8,412
’22	2,408	2,768	2,437	2,030	9,643
’21	1,184	1,681	1,910	2,022	6,797
’20	899	425	720	769	2,813

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,828	3,589	—	—	—
’25	2,355	1,677	2,383	2,343	8,758
’24	1,334	1,529	1,209	2,341	6,413
’23	1,425	1,513	1,358	1,624	5,920
’22	1,252	1,707	1,925	1,441	6,325
’21	624	954	1,199	1,167	3,944
’20	849	324	542	403	2,118

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,499	2,646	—	—	—
’25	1,454	829	1,866	2,756	6,905
’24	737	1,132	728	1,416	4,013
’23	1,032	1,070	1,542	982	4,626
’22	850	1,276	1,467	1,121	4,714
’21	(18)	1,034	820	1,441	3,277
’20	59	(238)	263	1,759	1,843

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.08	6.65	—	—	—
’25	4.83	2.38	3.51	(5.11)	5.73
’24	4.28	4.66	3.19	4.33	15.53
’23	3.88	3.05	5.07	5.34	17.34
’22	4.36	7.93	6.72	5.62	24.61
’21	1.33	1.71	3.56	5.54	12.30
’20	(1.72)	(15.17)	(7.05)	(4.68)	(28.59)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	55.48	82.77	85.19	73.18	14.55	47.56	103.71	119.01	147.93	114.00	Analyst estimates 2026–2028 Powerpack
	High	113.23	127.45	140.78	114.14	96.92	117.71	168.95	171.40	214.50	180.91
People
People	Employees	158	251	711	712	732	870	972	1,023	1,983	1,762
	Revenue/emp, $m	3.34	4.80	3.06	5.57	3.84	7.81	9.92	8.22	5.58	8.53
Income, $m
Income, $m	Revenue	527	1,205	2,176	3,964	2,813	6,797	9,643	8,412	11,066	15,026
	Gross margin, %	82.16	87.55	86.08	83.12	79.91	88.57	90.56	86.22	85.16	84.16
	EBT	(165)	497	1,113	362	(5,776)	2,907	5,736	4,248	4,501	1,874
	EBT margin, %	(31.25)	41.24	51.15	9.13	(205.33)	42.77	59.48	50.50	40.67	12.47
	Net income	(165)	517	945	315	(4,672)	2,276	4,562	3,336	3,701	1,547
	Depreciation	181	331	623	1,454	1,311	1,275	1,344	1,746	2,850	5,038
Per share, $
Per share, $	Revenue	7.02	12.36	20.80	24.25	17.81	38.48	54.62	46.73	51.82	51.98
	Earnings	(2.20)	4.95	8.09	1.47	(28.59)	12.35	24.61	17.34	15.53	5.73
	Cash flow	4.42	9.12	14.96	16.75	13.41	22.33	35.83	32.89	30.03	30.30
	Capex	(4.92)	(8.91)	(15.15)	0.34	(1.74)	(3.78)	(9.13)	(7.19)	(11.24)	(6.41)
	Free cash flow	(0.50)	0.22	(0.19)	17.10	11.67	18.55	26.70	25.70	18.79	23.89
	Book value	53.52	57.27	135.41	91.17	62.06	74.98	88.88	96.83	186.67	148.63
	Shares, m	75	97	105	163	158	177	177	180	214	289
Valuation, ×
Valuation, ×	P/E	0.00	25.68	11.65	65.86	0.00	8.83	5.32	9.05	9.95	26.80
	P/S	14.71	10.34	4.46	3.83	2.72	2.80	2.41	3.36	3.16	2.89
	P/B	1.93	2.23	0.68	1.02	0.78	1.44	1.48	1.62	0.88	1.01
	EV/Sales	13.64	11.48	6.41	5.15	4.75	3.69	3.04	4.08	4.32	3.85
	EV/FCF	(192.13)	658.47	(697.37)	7.31	7.25	7.65	6.21	7.42	11.91	8.38
Cash, $m
Cash, $m	Operating cash flow	332	889	1,565	2,739	2,118	3,944	6,325	5,920	6,413	8,758
	Capex	(370)	(868)	(1,585)	56	(275)	(667)	(1,611)	(1,294)	(2,400)	(1,853)
	Free cash flow	(37)	21	(20)	2,795	1,843	3,277	4,714	4,626	4,013	6,905
Balance, $m
Balance, $m	Working capital	1,583	(219)	(94)	(394)	(634)	8	(324)	(487)	(2,701)	(2,685)
	Total debt	1,106	1,477	4,464	5,379	5,815	6,687	6,248	6,641	12,975	14,489
	Net debt	(561)	1,365	4,249	5,251	5,707	6,015	6,084	6,056	12,811	14,383
	Shareholders’ equity	4,018	5,582	14,167	14,906	9,804	13,245	15,690	17,430	39,862	42,967
Returns, %
Returns, %	ROA	(4.07)	7.35	5.76	1.06	(21.95)	10.77	17.86	11.39	6.93	2.41
	ROIC	(1.24)	5.44	3.43	2.15	(22.06)	12.98	18.68	12.16	5.22	1.38
	ROE	(5.39)	10.04	8.57	1.65	(36.56)	18.93	30.32	18.98	11.65	4.02

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EOG EOG Resources, Inc.	$80.1B	12.2×	7.8×	+57.36% (above 0%: growing)	+108.87% (above 0%: growing)	+1,090.95% (above 0%: growing)	100.00%	40.93%	Compare
OXY Occidental Petroleum Corporation	$60.7B	9.5×	7.6×	+53.39% (above 0%: growing)	+937.04% (above 0%: growing)	+92.71% (above 0%: growing)	80.41%	50.90%	Compare
FANG Diamondback Energy, Inc.	$54.8B	39.7×	11.5×	+51.22% (above 0%: growing)	+179.41% (above 0%: growing)	+219.18% (above 0%: growing)	88.04%	45.16%
DVN Devon Energy Corporation	$54.2B	12.0×	8.8×	+73.13% (above 0%: growing)	+43.66% (above 0%: growing)	−130.16% (below 0%: shrinking)	81.22%	32.14%	Compare
WDS Woodside Energy Group Ltd	$44.1B	3.6×	11.1×	+196.99% (above 0%: growing)	+178.60% (above 0%: growing)	−173.74% (below 0%: shrinking)	42.87%	0.00%	Compare
EQT EQT Corporation	$32.8B	12.5×	10.8×	−29.24% (below 0%: shrinking)	−74.05% (below 0%: shrinking)	−42.53% (below 0%: shrinking)	73.19%	21.77%	Compare
TPL Texas Pacific Land Corporation	$23.9B	44.7×	42.5×	+31.20% (above 0%: growing)	+32.48% (above 0%: growing)	−63.88% (below 0%: shrinking)	100.00%	77.96%	Compare
EXE Expand Energy Corporation	$21.0B	8.0×	9.0×	−19.78% (below 0%: shrinking)	−46.19% (below 0%: shrinking)	−49.71% (below 0%: shrinking)	72.91%	22.33%	Compare
PR Permian Resources Corporation	$19.8B	15.9×	11.5×	+55.15% (above 0%: growing)	+216.67% (above 0%: growing)	+872.22% (above 0%: growing)	80.07%	49.95%	Compare
Median of peers	$38.5B	12.1×	9.9×	+54.27%	+76.27%	−46.12%	80.24%	36.54%

All 73 Oil & Gas E&P stocks →

Diamondback Energy, Inc. (FANG) key facts

Strength: Diamondback Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.0 billion, up 35.8% from fiscal 2024.
Diamondback Energy, Inc. (FANG) is an Oil & Gas E&P company in the Energy sector, listed on Nasdaq.
As of October 16, 2026, FANG traded at $203.83, a market capitalization of $54.8 billion.
Diamondback Energy, Inc. pays an annual dividend of $4.25 per share, a yield of 2.09%, with a payout ratio of 82.9%.
Return on equity was 4.02% and debt-to-equity 0.29.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.25 (distress zone) for fiscal 2025.