F

Diamondback Energy, Inc.

FANG · CIK 0001539838

16 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$15.03B35.8%
FY2025
Net income (FY)
$1.66B50.1%
FY2025
Diluted EPS (FY)
$5.7363.1%
FY2025
The story, charted

The shape of the business

FY2016–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10BFY2016 · Revenue $527.1M · Net income −$165.0M · 0001539838-19-000008 · filed 2019-02-25FY16Revenue $527.1MNet income −$165.0M0001539838-19-000008 · filed 2019-02-25FY2017 · Revenue $1.21B · Net income $482.0M · 0001539838-20-000021 · filed 2020-02-27FY17Revenue $1.21BNet income $482.0M0001539838-20-000021 · filed 2020-02-27FY2018 · Revenue $2.13B · Net income $846.0M · 0001539838-21-000015 · filed 2021-02-25FY18Revenue $2.13BNet income $846.0M0001539838-21-000015 · filed 2021-02-25FY2019 · Revenue $3.89B · Net income $240.0M · 0001539838-22-000008 · filed 2022-02-24FY19Revenue $3.89BNet income $240.0M0001539838-22-000008 · filed 2022-02-24FY2020 · Revenue $2.76B · Net income −$4.52B · 0001539838-23-000022 · filed 2023-02-23FY20Revenue $2.76BNet income −$4.52B0001539838-23-000022 · filed 2023-02-23FY2021 · Revenue $6.75B · Net income $2.18B · 0001539838-23-000022 · filed 2023-02-23 · 0001539838-24-000019 · filed 2024-02-22FY21Revenue $6.75BNet income $2.18B0001539838-23-000022 · filed 2023-02-23 · 0001539838-24-000019 · filed 2024-02-22FY2022 · Revenue $9.57B · Net income $4.39B · 0001539838-23-000022 · filed 2023-02-23 · 0001539838-25-000021 · filed 2025-02-26FY22Revenue $9.57BNet income $4.39B0001539838-23-000022 · filed 2023-02-23 · 0001539838-25-000021 · filed 2025-02-26FY2023 · Revenue $8.41B · Net income $3.14B · 0001539838-26-000010 · filed 2026-02-25FY23Revenue $8.41BNet income $3.14B0001539838-26-000010 · filed 2026-02-25FY2024 · Revenue $11.07B · Net income $3.34B · 0001539838-26-000010 · filed 2026-02-25FY24Revenue $11.07BNet income $3.34B0001539838-26-000010 · filed 2026-02-25FY2025 · Revenue $15.03B · Net income $1.66B · 0001539838-26-000010 · filed 2026-02-25FY25Revenue $15.03BNet income $1.66B0001539838-26-000010 · filed 2026-02-25FY25Revenue $15.03BNet income $1.66B0001539838-26-000010 · filed 2026-02-25FY17FY19FY21FY23FY25

revenue 28.5× since FY2016 · net margin -31.3% → 11.1%

MarginsNet marginFCF margin
-100%0%FY2016 · Net margin -31.3%FY16Net margin -31.3%derived: net income ÷ revenueFY2017 · Net margin 40.0%FY17Net margin 40.0%derived: net income ÷ revenueFY2018 · Net margin 39.7%FY18Net margin 39.7%derived: net income ÷ revenueFY2019 · Net margin 6.2%FY19Net margin 6.2%derived: net income ÷ revenueFY2020 · Net margin -163.9%FY20Net margin -163.9%derived: net income ÷ revenueFY2021 · Net margin 32.3%FY21Net margin 32.3%derived: net income ÷ revenueFY2022 · Net margin 45.8%FY22Net margin 45.8%derived: net income ÷ revenueFY2023 · Net margin 37.4%FY23Net margin 37.4%derived: net income ÷ revenueFY2024 · Net margin 30.2%FY24Net margin 30.2%derived: net income ÷ revenueFY2025 · Net margin 11.1%FY25Net margin 11.1%derived: net income ÷ revenueFY25Net margin 11.1%derived: net income ÷ revenue’17’19’21’23’25

FY2025: net 11.1% of revenue

Cash engineOperating cash flowFree cash flow
$0$5BFY2010 · OCF $5.2M · 0001539838-13-000004 · filed 2013-03-01FY10OCF $5.2M0001539838-13-000004 · filed 2013-03-01FY2011 · OCF $31.0M · 0001539838-14-000007 · filed 2014-02-19FY11OCF $31.0M0001539838-14-000007 · filed 2014-02-19FY2012 · OCF $49.7M · 0001539838-15-000005 · filed 2015-02-20FY12OCF $49.7M0001539838-15-000005 · filed 2015-02-20FY2013 · OCF $155.8M · 0001539838-16-000129 · filed 2016-02-19FY13OCF $155.8M0001539838-16-000129 · filed 2016-02-19FY2014 · OCF $356.4M · 0001539838-17-000009 · filed 2017-02-15FY14OCF $356.4M0001539838-17-000009 · filed 2017-02-15FY2015 · OCF $416.5M · 0001539838-18-000014 · filed 2018-02-15FY15OCF $416.5M0001539838-18-000014 · filed 2018-02-15FY2016 · OCF $332.1M · 0001539838-19-000008 · filed 2019-02-25FY16OCF $332.1M0001539838-19-000008 · filed 2019-02-25FY2017 · OCF $889.0M · 0001539838-20-000021 · filed 2020-02-27FY17OCF $889.0M0001539838-20-000021 · filed 2020-02-27FY2018 · OCF $1.56B · 0001539838-21-000015 · filed 2021-02-25FY18OCF $1.56B0001539838-21-000015 · filed 2021-02-25FY2019 · OCF $2.74B · 0001539838-22-000008 · filed 2022-02-24FY19OCF $2.74B0001539838-22-000008 · filed 2022-02-24FY2020 · OCF $2.12B · 0001539838-23-000022 · filed 2023-02-23FY20OCF $2.12B0001539838-23-000022 · filed 2023-02-23FY2021 · OCF $3.94B · 0001539838-24-000019 · filed 2024-02-22FY21OCF $3.94B0001539838-24-000019 · filed 2024-02-22FY2022 · OCF $6.33B · 0001539838-25-000021 · filed 2025-02-26FY22OCF $6.33B0001539838-25-000021 · filed 2025-02-26FY2023 · OCF $5.92B · 0001539838-26-000010 · filed 2026-02-25FY23OCF $5.92B0001539838-26-000010 · filed 2026-02-25FY2024 · OCF $6.41B · 0001539838-26-000010 · filed 2026-02-25FY24OCF $6.41B0001539838-26-000010 · filed 2026-02-25FY2025 · OCF $8.76B · 0001539838-26-000010 · filed 2026-02-25FY25OCF $8.76B0001539838-26-000010 · filed 2026-02-25FY25OCF $8.76B0001539838-26-000010 · filed 2026-02-25’13’17’21’25
Returns on capitalReturn on equityReturn on assets
-50%0%FY2011 · ROE -0.3% · ROA -0.1%FY11ROE -0.3%ROA -0.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE -7.9% · ROA -6.0%FY12ROE -7.9%ROA -6.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 6.5% · ROA 3.6%FY13ROE 6.5%ROA 3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 11.1% · ROA 6.3%FY14ROE 11.1%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE -29.4% · ROA -20.0%FY15ROE -29.4%ROA -20.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE -4.5% · ROA -3.1%FY16ROE -4.5%ROA -3.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 9.2% · ROA 6.2%FY17ROE 9.2%ROA 6.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 6.2% · ROA 3.9%FY18ROE 6.2%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 1.8% · ROA 1.0%FY19ROE 1.8%ROA 1.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE -51.4% · ROA -25.6%FY20ROE -51.4%ROA -25.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 18.1% · ROA 9.5%FY21ROE 18.1%ROA 9.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 29.2% · ROA 16.7%FY22ROE 29.2%ROA 16.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 18.9% · ROA 10.8%FY23ROE 18.9%ROA 10.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 8.8% · ROA 5.0%FY24ROE 8.8%ROA 5.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 4.5% · ROA 2.3%FY25ROE 4.5%ROA 2.3%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 4.5%ROA 2.3%derived: net income ÷ equity · derived: net income ÷ assets’13’16’19’22’25

return on equity -0% (FY2011) → 5% (FY2025) · on assets 2.3%

Balance sheetLiabilitiesEquity
$0$20B$40B$60BFY2011 · Liabilities $134.5M · Equity $129.0MFY11Liabilities $134.5MEquity $129.0M0001539838-13-000004 · filed 2013-03-01FY2012 · Liabilities $144.6M · Equity $462.1MFY12Liabilities $144.6MEquity $462.1M0001539838-14-000007 · filed 2014-02-19FY2013 · Liabilities $676.1M · Equity $845.5MFY13Liabilities $676.1MEquity $845.5M0001539838-15-000005 · filed 2015-02-20FY2014 · Liabilities $1.11B · Equity $1.75BFY14Liabilities $1.11BEquity $1.75B0001539838-16-000129 · filed 2016-02-19FY2015 · Liabilities $641.7M · Equity $1.88BFY15Liabilities $641.7MEquity $1.88B0001539838-17-000009 · filed 2017-02-15FY2016 · Liabilities $1.33B · Equity $3.70BFY16Liabilities $1.33BEquity $3.70B0001539838-18-000014 · filed 2018-02-15FY2017 · Liabilities $2.19B · Equity $5.25BFY17Liabilities $2.19BEquity $5.25B0001539838-19-000008 · filed 2019-02-25FY2018 · Liabilities $7.43B · Equity $13.70BFY18Liabilities $7.43BEquity $13.70B0001539838-20-000021 · filed 2020-02-27FY2019 · Liabilities $8.63B · Equity $13.25BFY19Liabilities $8.63BEquity $13.25B0001539838-21-000015 · filed 2021-02-25FY2020 · Liabilities $7.82B · Equity $8.79BFY20Liabilities $7.82BEquity $8.79B0001539838-22-000008 · filed 2022-02-24FY2021 · Liabilities $9.65B · Equity $12.09BFY21Liabilities $9.65BEquity $12.09B0001539838-23-000022 · filed 2023-02-23FY2022 · Liabilities $10.52B · Equity $15.01BFY22Liabilities $10.52BEquity $15.01B0001539838-24-000019 · filed 2024-02-22FY2023 · Liabilities $11.57B · Equity $16.63BFY23Liabilities $11.57BEquity $16.63B0001539838-25-000021 · filed 2025-02-26FY2024 · Liabilities $27.43B · Equity $37.74BFY24Liabilities $27.43BEquity $37.74B0001539838-26-000010 · filed 2026-02-25FY2025 · Liabilities $28.09B · Equity $36.97BFY25Liabilities $28.09BEquity $36.97B0001539838-26-000010 · filed 2026-02-25FY25Liabilities $28.09BEquity $36.97B0001539838-26-000010 · filed 2026-02-25’13’16’19’22’25

FY2025: $71.06B assets · $28.09B liabilities · $36.97B equity

The receipts