Diamondback Energy, Inc.
Company Stats
- Market Cap
- $51.5B
- as of Sep 30, 2026
- Enterprise Value
- $65.9B
- Shares Outstanding
- 280.0M
- Free Float
- 36.2%
Income Statement
- Revenue
- $15.0B
- Operating Income
- $1.3B
- Net Income
- $1.7B
- EBITDA
- $6.3B
- Revenue Growth, 3Y
- 16.2%
- FCF Margin, 3Y Avg
- 55.2%
- FCF Margin, Worst Year
- 50.8%
Cash Flow
- Free Cash Flow
- $7.8B
- FCF Yield
- 15.1%
Balance Sheet
- Cash & Equivalents
- $104.0M
- Total Debt
- $14.5B
- Net Debt
- $14.4B
- Net Debt / EBITDA
- 2.28x
- EV / EBITDA
- 10.45x
- Net Debt / EBIT
- 11.36x
Returns & Capital
- Dividends Paid
- $1.2B
- Dividend Yield
- 2.2%
- Dividend Payout, 3Y Avg
- 54.2%
- Share Repurchases
- $2.0B
- Buyback Yield, 3Y Avg
- 2.5%
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $15.0B | $7.8B | 51.9% |
| FY2024 | $11.1B | $5.6B | 50.8% |
| FY2023 | $8.4B | $5.3B | 63.0% |
| FY2022 | $9.6B | $5.8B | 60.7% |
| FY2021 | $6.7B | $3.7B | 54.2% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Energy Earnings: Demand Runs Hot, Capex Stays Disciplined