Stocks · Energy · Crude Petroleum & Natural Gas

Diamondback Energy

FANG Clue Score44
United States Fiscal year ends December CIK 0001539838
$192.13 +0.23% Close, 9 Oct 2026
Price $192.13 +73.51% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue0.53Operating income−0.07Net income−0.17EPS, diluted−2.20Fiscal year 2017Revenue1.21 +128.6%Operating income0.61Net income0.48EPS, diluted4.94Fiscal year 2018Revenue2.13 +76.8%Operating income1.01Net income0.85 +75.5%EPS, diluted8.06Fiscal year 2019Revenue3.89 +82.5%Operating income0.70Net income0.24 −71.6%EPS, diluted1.47Fiscal year 2020Revenue2.76 −29.1%Operating income−5.48Net income−4.52 −1,982.1%EPS, diluted−28.61Fiscal year 2021Revenue6.75 +144.8%Operating income4.00Net income2.18EPS, diluted12.24Fiscal year 2022Revenue9.57 +41.8%Operating income6.51Net income4.39 +101.0%EPS, diluted24.61Fiscal year 2023Revenue8.41 −12.1%Operating income4.57Net income3.14 −28.3%EPS, diluted17.34Fiscal year 2024Revenue11.07 +31.6%Operating income4.40Net income3.34 +6.2%EPS, diluted15.53Fiscal year 2025Revenue15.03 +35.8%Operating income1.27Net income1.66 −50.1%EPS, diluted5.73
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.53 1.21 2.13 3.89 2.76 6.75 9.57 8.41 11.07 15.03
Growth +128.6% +76.8% +82.5% −29.1% +144.8% +41.8% −12.1% +31.6% +35.8%
Operating income −0.07 0.61 1.01 0.70 −5.48 4.00 6.51 4.57 4.40 1.27
Net income −0.17 0.48 0.85 0.24 −4.52 2.18 4.39 3.14 3.34 1.66
Growth +75.5% −71.6% −1,982.1% +101.0% −28.3% +6.2% −50.1%
EPS, diluted −2.20 4.94 8.06 1.47 −28.61 12.24 24.61 17.34 15.53 5.73

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−13.0%Net margin−31.3%Fiscal year 2017Operating margin50.2%Net margin40.0%Fiscal year 2018Operating margin47.5%Net margin39.7%Fiscal year 2019Operating margin17.9%Net margin6.2%Fiscal year 2020Operating margin−198.7%Net margin−163.9%Fiscal year 2021Operating margin59.3%Net margin32.3%Fiscal year 2022Operating margin68.0%Net margin45.8%Fiscal year 2023Operating margin54.3%Net margin37.4%Fiscal year 2024Operating margin39.7%Net margin30.2%Fiscal year 2025Operating margin8.4%Net margin11.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −13.0% 50.2% 47.5% 17.9% −198.7% 59.3% 68.0% 54.3% 39.7% 8.4%
Net margin −31.3% 40.0% 39.7% 6.2% −163.9% 32.3% 45.8% 37.4% 30.2% 11.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow0.33Dividends paid0.00Fiscal year 2017Operating cash flow0.89Buybacks0.00Dividends paid0.00Fiscal year 2018Operating cash flow1.57Buybacks0.00Dividends paid−0.04Fiscal year 2019Operating cash flow2.74Buybacks−0.59Dividends paid−0.11Fiscal year 2020Operating cash flow2.12Buybacks−0.10Dividends paid−0.24Fiscal year 2021Operating cash flow3.94Buybacks−0.43Dividends paid−0.31Fiscal year 2022Operating cash flow6.33Buybacks−1.10Dividends paid−1.57Fiscal year 2023Operating cash flow5.92Buybacks−0.84Dividends paid−1.44Fiscal year 2024Operating cash flow6.41Buybacks−0.96Dividends paid−1.58Fiscal year 2025Operating cash flow8.76Dividends paid−1.16
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.33 0.89 1.57 2.74 2.12 3.94 6.33 5.92 6.41 8.76
Buybacks n/a 0.00 0.00 −0.59 −0.10 −0.43 −1.10 −0.84 −0.96 n/a
Dividends paid 0.00 0.00 −0.04 −0.11 −0.24 −0.31 −1.57 −1.44 −1.58 −1.16

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.67Total debt1.11Net cash (debt)0.56Shareholders’ equity3.70Debt to equity0.30Fiscal year 2017Cash0.11Total debt1.48Net cash (debt)−1.36Shareholders’ equity5.25Debt to equity0.28Fiscal year 2018Cash0.22Total debt4.46Net cash (debt)−4.25Shareholders’ equity13.70Debt to equity0.33Fiscal year 2019Cash0.12Total debt5.37Net cash (debt)−5.25Shareholders’ equity13.25Debt to equity0.41Fiscal year 2020Cash0.10Total debt5.82Net cash (debt)−5.71Shareholders’ equity8.79Debt to equity0.66Fiscal year 2021Cash0.65Total debt6.69Net cash (debt)−6.03Shareholders’ equity12.09Debt to equity0.55Fiscal year 2022Cash0.16Total debt6.25Net cash (debt)−6.09Shareholders’ equity15.01Debt to equity0.42Fiscal year 2023Cash0.58Total debt6.64Net cash (debt)−6.06Shareholders’ equity16.63Debt to equity0.40Fiscal year 2024Cash0.16Total debt12.98Net cash (debt)−12.81Shareholders’ equity37.74Debt to equity0.34Fiscal year 2025Cash0.10Total debt14.49Net cash (debt)−14.39Shareholders’ equity36.97Debt to equity0.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.67 0.11 0.22 0.12 0.10 0.65 0.16 0.58 0.16 0.10
Total debt 1.11 1.48 4.46 5.37 5.82 6.69 6.25 6.64 12.98 14.49
Net cash (debt) 0.56 −1.36 −4.25 −5.25 −5.71 −6.03 −6.09 −6.06 −12.81 −14.39
Shareholders’ equity 3.70 5.25 13.70 13.25 8.79 12.09 15.01 16.63 37.74 36.97
Debt to equity 0.30 0.28 0.33 0.41 0.66 0.55 0.42 0.40 0.34 0.39

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019† 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
0.53 1.21 2.13 3.89 2.76 6.75 9.57 8.41 11.07 15.03
Growth +128.6% +76.8% +82.5% −29.1% +144.8% +41.8% −12.1% +31.6% +35.8%
0.04 0.05 0.07 0.10 0.09 0.15 0.14 0.15 0.21 0.29
−0.07 0.61 1.01 0.70 −5.48 4.00 6.51 4.57 4.40 1.27
Growth +67.1% −31.3% −887.9% +62.7% −29.8% −3.8% −71.2%
−0.16 0.50 1.11 0.36 −5.78 2.91 5.74 4.25 4.50 1.87
0.00 −0.02 0.17 0.05 −1.10 0.63 1.17 0.91 0.80 0.33
−0.17 0.48 0.85 0.24 −4.52 2.18 4.39 3.14 3.34 1.66
Growth +75.5% −71.6% −1,982.1% +101.0% −28.3% +6.2% −50.1%
Per share
−2.20 4.95 8.09 1.47 −28.61 12.24 24.61 17.34 15.53 5.73
−2.20 4.94 8.06 1.47 −28.61 12.24 24.61 17.34 15.53 5.73
Growth +63.2% −81.8% −2,046.3% +101.1% −29.5% −10.4% −63.1%
75.1 97.5 104.6 163.5 158.0 176.6 176.5 180.0 213.5 289.1
75.1 97.7 104.9 163.8 158.0 176.6 176.5 180.0 213.5 289.1
Growth +30.1% +7.4% +56.1% −3.6% +11.8% −0.1% +2.0% +18.6% +35.4%

† The diluted share count jumps at 2019, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 40.4% a year over five years.
  • Operating margin is up 207.1 points on five years ago, at 8.4%.
  • A net loss in 2 of 10 years on file.