Diamondback Energy, Inc. (FANG) Financial Statements

Historical financial data — 41 statements covering FY2018–FY2025

Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself...

Diamondback Energy, Inc.'s revenue increased 35.8% year over year, from $11.07B to $15.03B.

Net income decreased 50.1% over the same period, from $3.34B to $1.66B.

Over the 7-year period from FY2018 to FY2025, revenue grew by 590% in total.

Total debt increased by 13.7% to $13.73B.

The debt-to-equity ratio stands at 0.37, indicating a moderate leverage profile.

Operating cash flow grew 36.6% to $8.76B.

Diamondback Energy, Inc. maintains a healthy net profit margin of 11.1%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
Q3 FY2023$6.18B+60.9%$2.18B$5.92B$3.37B$4.30B$28.05B$6.23B$16.28B
Q1 FY2024$2.23B-64.0%$768.0M$2.03B$1.12B$1.33B$29.69B$6.63B$16.95B
Q2 FY2024$4.71B+111.5%$1.60B$4.13B$2.27B$2.86B$35.64B$11.98B$17.45B
Q3 FY2024$7.36B+56.2%$2.26B$6.40B$2.98B$4.07B$65.75B$11.92B$37.43B
Q1 FY2025$4.05B-45.0%$1.41B$3.56B$1.67B$2.35B$70.07B$13.00B$38.47B
Q2 FY2025$7.73B+90.9%$2.10B$2.81B$2.81B$4.03B$71.94B$15.12B$38.88B
Q3 FY2025$11.65B+50.8%$3.12B$4.05B$4.05B$6.42B$76.21B$15.85B$39.09B
Q1 FY2026$4.24B-63.6%$25.0M$116.0M$116.0M$1.83B$70.08B$13.15B$36.47B

Balance Sheet Summary (Latest Period)

Total Assets
$71.06B
Total Liabilities
$28.09B
Total Equity
$36.97B
Cash & Equivalents
$104.0M
Total Debt
$13.73B
Current Assets
$1.92B
Current Liabilities
$4.60B
Retained Earnings
$4.74B
Current Price: $203.21
Market Cap: $56.9B
Sector: Energy