Diamondback Energy, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:58:27Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EBITDA | 6.30B | 7.25B | 6.32B | 7.85B | 5.28B | -4.17B |
| Working Capital | -2.69B | -2.70B | -487.00M | -324.00M | 8.00M | -634.00M |
| Net Debt | 14.38B | 12.81B | 6.06B | 6.09B | 6.03B | 5.71B |
| Operating Margin | 8.43% | 39.73% | 54.33% | 68.03% | 59.30% | -198.69% |
| Net Margin | 11.07% | 30.16% | 37.36% | 45.85% | 32.34% | -163.90% |
| Return on Equity (ROE) | 4.50% | 8.85% | 18.91% | 29.22% | 18.05% | -51.36% |
| Return on Assets (ROA) | 2.34% | 4.96% | 10.84% | 16.73% | 9.53% | -25.64% |
| Current Ratio | 0.42× | 0.44× | 0.77× | 0.81× | 1.01× | 0.49× |
| Debt-to-Equity | 0.39× | 0.34× | 0.40× | 0.42× | 0.55× | 0.66× |
| Effective Tax Rate | 17.45% | 17.77% | 21.47% | 20.47% | 21.71% | 19.11% |
| Cash Conversion Ratio | 5.26× | 1.92× | 1.88× | 1.44× | 1.81× | -0.47× |
| Accruals Ratio | -0.10× | -0.05× | -0.10× | -0.07× | -0.08× | -0.38× |
| SBC % of Revenue | — | 0.59% | 0.64% | 0.57% | 0.76% | 1.34% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 26.24× | 10.55× | 8.94× | 5.56× | 8.81× | — |
| EV / EBITDA | 9.07× | 8.35× | 5.35× | 3.91× | 4.77× | — |
| P/S | 2.85× | 4.31× | 3.29× | 2.57× | 2.84× | 2.78× |
| P/B | 1.16× | 1.26× | 1.67× | 1.64× | 1.58× | 0.87× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | — | 9.57B | 6.75B | 2.76B |
| Revenues | 15.03B | 11.07B | 8.41B | 9.64B | 6.80B | 2.81B |
| Selling, General and Administrative Expense | 288.00M | 213.00M | 150.00M | 144.00M | 146.00M | 88.00M |
| Operating Income (Loss) | 1.27B | 4.40B | 4.57B | 6.51B | 4.00B | -5.48B |
| Income Tax Expense (Benefit) | 327.00M | 800.00M | 912.00M | 1.17B | 631.00M | -1.10B |
| Net Income (Loss) Attributable to Parent | 1.66B | 3.34B | 3.14B | 4.39B | 2.18B | -4.52B |
| Earnings Per Share, Basic | $5.73 | $15.53 | $17.34 | $24.61 | $12.24 | $-28.61 |
| Weighted Average Number of Shares Outstanding, Basic | 289.08M | 213.54M | 180.00M | 176.54M | 176.64M | 157.98M |
| Earnings Per Share, Diluted | $5.73 | $15.53 | $17.34 | $24.61 | $12.24 | $-28.61 |
| Weighted Average Number of Shares Outstanding, Diluted | 289.08M | 213.54M | 180.00M | 176.54M | 176.64M | 157.98M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 104.00M | 161.00M | 582.00M | 157.00M | 654.00M | 104.00M |
| Assets, Current | 1.92B | 2.11B | 1.62B | 1.39B | 1.45B | 602.00M |
| Assets | 71.06B | 67.29B | 29.00B | 26.21B | 22.90B | 17.62B |
| Long-term Debt | 13.73B | 12.07B | 6.64B | 6.24B | 6.64B | 5.62B |
| Liabilities, Current | 4.60B | 4.81B | 2.11B | 1.72B | 1.44B | 1.24B |
| Long-term Debt, Excluding Current Maturities | 13.73B | 12.07B | 6.64B | 6.24B | 6.64B | 5.62B |
| Liabilities | 28.09B | 27.43B | 11.57B | 10.52B | 9.65B | 7.82B |
| Stockholders' Equity Attributable to Parent | 36.97B | 37.74B | 16.63B | 15.01B | 12.09B | 8.79B |
| Common Stock, Shares, Outstanding | 284.59M | 290.98M | 178.72M | 179.84M | 177.55M | 158.09M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 8.76B | 6.41B | 5.92B | 6.33B | 3.94B | 2.12B |
| Net Cash Provided by (Used in) Investing Activities | -7.81B | -11.22B | -3.32B | -3.33B | -1.54B | -2.10B |
| Payments for Repurchase of Common Stock | — | 959.00M | 840.00M | 1.10B | 431.00M | 98.00M |
| Net Cash Provided by (Used in) Financing Activities | -1.01B | 4.39B | -2.18B | -3.50B | -1.84B | -37.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EBITDA | 1.41B | -1.39B | 2.52B | 2.40B | 2.77B | 2.57B |
| Working Capital | -2.11B | -2.69B | -1.56B | -1.69B | -670.00M | -2.70B |
| Net Debt | 13.72B | 14.38B | 16.08B | 14.91B | 12.09B | 12.81B |
| Operating Margin | 2.74% | -82.41% | 31.50% | 30.97% | 41.33% | 38.05% |
| Net Margin | 0.59% | -43.19% | 25.94% | 19.00% | 34.71% | 28.94% |
| Return on Equity (ROE) | 0.07% | -3.94% | 2.60% | 1.80% | 3.65% | 2.85% |
| Return on Assets (ROA) | 0.04% | -2.05% | 1.34% | 0.97% | 2.01% | 1.60% |
| Current Ratio | 0.56× | 0.42× | 0.62× | 0.55× | 0.86× | 0.44× |
| Debt-to-Equity | 0.38× | 0.39× | 0.42× | 0.39× | 0.36× | 0.34× |
| Effective Tax Rate | 18.18% | 24.30% | 20.95% | 21.63% | 21.28% | 8.19% |
| Cash Conversion Ratio | 73.12× | -1.61× | 6.30× | 5.77× | 1.68× | 2.18× |
| Accruals Ratio | -0.03× | -0.05× | -0.07× | -0.05× | -0.01× | -0.02× |
| SBC % of Revenue | — | — | 1.55% | 1.06% | 0.44% | 0.43% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 199.79× | 26.19× | 10.04× | 9.86× | 9.86× | 10.46× |
| EV / EBITDA | 14.03× | 9.07× | 5.57× | 5.97× | 6.88× | 8.35× |
| P/S | 3.66× | 2.85× | 2.67× | 2.84× | 3.56× | 4.31× |
| P/B | 1.53× | 1.16× | 1.05× | 1.03× | 1.19× | 1.26× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 4.24B | 3.38B | 3.92B | 3.68B | 4.05B | 3.71B |
| Selling, General and Administrative Expense | 79.00M | 78.00M | 70.00M | 67.00M | 73.00M | 72.00M |
| Operating Income (Loss) | 116.00M | -2.78B | 1.24B | 1.14B | 1.67B | 1.41B |
| Income Tax Expense (Benefit) | 32.00M | -567.00M | 287.00M | 204.00M | 403.00M | 115.00M |
| Net Income (Loss) Attributable to Parent | 25.00M | -1.46B | 1.02B | 699.00M | 1.41B | 1.07B |
| Earnings Per Share, Basic | $0.08 | $-4.98 | $3.51 | $2.38 | $4.83 | $3.53 |
| Weighted Average Number of Shares Outstanding, Basic | 282.79M | 289.08M | 288.83M | 292.13M | 289.61M | 213.54M |
| Earnings Per Share, Diluted | $0.08 | $-4.98 | $3.51 | $2.38 | $4.83 | $3.53 |
| Weighted Average Number of Shares Outstanding, Diluted | 282.79M | 289.08M | 288.83M | 292.13M | 289.61M | 213.54M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 174.00M | 104.00M | 159.00M | 219.00M | 1.82B | 161.00M |
| Assets, Current | 2.70B | 1.92B | 2.58B | 2.07B | 4.08B | 2.11B |
| Assets | 70.08B | 71.06B | 76.21B | 71.94B | 70.07B | 67.29B |
| Long-term Debt | 13.15B | 13.73B | 15.85B | 15.12B | 13.00B | 12.07B |
| Liabilities, Current | 4.82B | 4.60B | 4.14B | 3.76B | 4.75B | 4.81B |
| Long-term Debt, Excluding Current Maturities | 13.15B | 13.73B | 15.85B | 15.12B | 13.00B | 12.07B |
| Liabilities | 27.44B | 28.09B | 30.58B | 29.12B | 28.32B | 27.43B |
| Stockholders' Equity Attributable to Parent | 36.47B | 36.97B | 39.09B | 38.88B | 38.47B | 37.74B |
| Common Stock, Shares, Outstanding | 281.31M | 284.59M | 286.88M | 291.16M | 287.29M | 290.98M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.83B | 2.34B | 6.42B | 4.03B | 2.35B | 2.34B |
| Net Cash Provided by (Used in) Investing Activities | -658.00M | -118.00M | -7.69B | -5.63B | -1.65B | -1.85B |
| Payments for Repurchase of Common Stock | — | — | 1.58B | 973.00M | 575.00M | 402.00M |
| Net Cash Provided by (Used in) Financing Activities | -1.10B | -2.67B | 1.66B | 1.66B | 1.18B | -695.00M |
Raw XBRL tagging for a single filing
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Methodology
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company-facts filings (FANG CIK 0001539838),
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