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Diamondback Energy (FANG) Financials

Diamondback Energy logo
$132.01 -4.64 (-3.40%)
As of 04:00 PM Eastern
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Annual Income Statements for Diamondback Energy

Annual Income Statements for Diamondback Energy

This table shows Diamondback Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders		 -551 -165 482 846 240 -4,517 2,182 4,386 3,143 3,338
Consolidated Net Income / (Loss)		 -548 -165 517 945 315 -4,672 2,276 4,562 3,336 3,701
Net Income / (Loss) Continuing Operations		 -548 -165 517 945 315 -4,672 2,276 4,562 3,336 3,701
Total Pre-Tax Income 		-749 -165 497 1,113 362 -5,776 2,907 5,736 4,248 4,501
Total Operating Income		 -740 -69 605 1,011 695 -5,476 4,001 6,508 4,570 4,396
Total Gross Profit		 358 433 1,055 1,839 3,785 2,673 6,020 9,385 7,142 8,503
Total Revenue		 447 527 1,205 2,142 3,964 2,813 6,797 9,643 8,412 11,066
Operating Revenue		 447 527 1,205 2,130 3,951 2,813 6,747 9,643 8,339 11,023
Other Revenue		 - 0.00 0.00 12 13 - 50 - 73 43
Total Cost of Revenue		 89 94 150 303 179 140 777 258 1,270 2,563
Operating Cost of Revenue		 89 94 150 303 179 140 777 258 1,270 2,563
Total Operating Expenses		 1,098 502 450 828 3,090 8,149 2,019 2,877 2,572 4,107
Selling, General & Admin Expense		 32 43 48 68 598 197 241 256 290 316
Marketing Expense		 33 34 74 133 248 195 425 611 525 638
Depreciation Expense		 218 178 327 623 1,454 1,311 1,275 1,344 1,746 2,850
Restructuring Charge		 - 0.00 0.00 36 - 0.00 78 14 11 303
Total Other Income / (Expense), net		 -8.83 -96 -108 102 -333 -300 -1,094 -772 -322 105
Interest Expense		 0.00 33 0.00 0.00 56 5.00 75 99 4.00 -2.00
Interest & Investment Income		 -42 -41 -41 -88 -178 -207 -184 -77 -111 -114
Other Income / (Expense), net		 33 -22 -67 190 -99 -88 -835 -596 -207 217
Income Tax Expense		 -201 0.19 -20 168 47 -1,104 631 1,174 912 800
Net Income / (Loss) Attributable to Noncontrolling Interest		 2.84 0.13 35 99 75 -155 94 176 193 363
Basic Earnings per Share		 ($8.74) ($2.20) $4.95 $8.09 $1.47 ($28.61) $12.24 $24.61 $17.34 $15.53
Weighted Average Basic Shares Outstanding		 63.02M 75.08M 97.46M 104.62M 163.49M 157.98M 176.64M 176.54M 180.00M 213.55M
Diluted Earnings per Share		 ($8.74) ($2.20) $4.94 $8.06 $1.47 ($28.61) $12.24 $24.61 $17.34 $15.53
Weighted Average Diluted Shares Outstanding		 63M 75.08M 97.69M 104.93M 163.84M 157.98M 176.64M 176.54M 180.00M 213.55M
Weighted Average Basic & Diluted Shares Outstanding		 63M 75M 97.40M 164.38M 158.28M 158.02M 177.41M 183.59M 178.45M 289.44M
Cash Dividends to Common per Share		 - - $0.00 $0.50 $0.94 $1.53 $1.95 $8.96 $7.99 $8.29

Quarterly Income Statements for Diamondback Energy

This table shows Diamondback Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders		 1,184 1,007 712 556 915 960 768 837 659 1,074
Consolidated Net Income / (Loss)		 1,270 1,028 746 586 993 1,011 809 894 708 1,290
Net Income / (Loss) Continuing Operations		 1,270 1,028 746 586 993 1,011 809 894 708 1,290
Total Pre-Tax Income 		1,560 1,289 953 751 1,269 1,275 1,032 1,146 918 1,405
Total Operating Income		 1,614 1,256 1,025 1,000 1,340 1,205 1,118 1,156 710 1,412
Total Gross Profit		 2,366 1,963 1,665 1,851 1,982 1,644 2,024 2,092 1,947 2,440
Total Revenue		 2,437 2,030 1,925 1,919 2,340 2,228 2,227 2,483 2,645 3,711
Operating Revenue		 2,417 2,066 1,902 1,919 2,324 2,194 2,101 2,174 2,636 4,112
Total Cost of Revenue		 71 67 260 68 358 584 77 82 698 1,706
Operating Cost of Revenue		 71 67 260 68 358 584 77 82 698 1,706
Total Operating Expenses		 752 707 640 851 642 439 915 946 1,237 1,009
Selling, General & Admin Expense		 249 -280 74 69 81 66 315 319 84 -402
Marketing Expense		 156 116 155 148 118 104 119 141 153 225
Depreciation Expense		 336 365 403 432 442 469 469 483 742 1,156
Restructuring Charge		 11 3.00 8.00 2.00 1.00 - 12 3.00 258 30
Total Other Income / (Expense), net		 -54 33 -72 -249 -71 70 -86 -10 208 -7.00
Interest Expense		 6.00 36 0.00 4.00 0.00 - -6.00 -1.00 0.00 5.00
Interest & Investment Income		 -24 -11 -32 -33 -28 -18 -44 -29 -12 -29
Other Income / (Expense), net		 -24 80 -40 -212 -43 88 -48 18 220 27
Income Tax Expense		 290 261 207 165 276 264 223 252 210 115
Net Income / (Loss) Attributable to Noncontrolling Interest		 86 21 34 30 78 51 41 57 49 216
Basic Earnings per Share		 $6.72 $5.61 $3.88 $3.05 $5.07 $5.34 $4.28 $4.66 $3.19 $3.40
Weighted Average Basic Shares Outstanding		 174.41M 176.54M 181.99M 180.37M 178.87M 180.00M 178.48M 178.36M 204.73M 213.55M
Diluted Earnings per Share		 $6.72 $5.61 $3.88 $3.05 $5.07 $5.34 $4.28 $4.66 $3.19 $3.40
Weighted Average Diluted Shares Outstanding		 174.41M 176.54M 181.99M 180.37M 178.87M 180.00M 178.48M 178.36M 204.73M 213.55M
Weighted Average Basic & Diluted Shares Outstanding		 176.00M 183.59M 181.09M 178.82M 178.98M 178.45M 178.34M 178.39M 291.99M 289.44M

Annual Cash Flow Statements for Diamondback Energy

This table details how cash moves in and out of Diamondback Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents		 -10 1,646 -1,554 103 -87 -20 564 -508 421 -421
Net Cash From Operating Activities		 417 332 889 1,565 2,739 2,118 3,944 6,325 5,920 6,413
Net Cash From Continuing Operating Activities		 417 332 889 1,565 2,739 2,118 3,944 6,325 5,920 6,413
Net Income / (Loss) Continuing Operations		 -548 -165 517 945 315 -4,672 2,276 4,562 3,336 3,701
Consolidated Net Income / (Loss)		 -548 -165 517 945 315 -4,672 2,276 4,562 3,336 3,701
Depreciation Expense		 218 178 327 623 1,454 1,311 1,275 1,344 1,746 2,850
Non-Cash Adjustments To Reconcile Net Income		 948 332 109 -195 1,082 6,404 -288 -187 159 -146
Changes in Operating Assets and Liabilities, net		 -204 -16 -68 192 -112 -925 681 606 679 8.00
Net Cash From Investing Activities		 -895 -1,310 -3,132 -3,503 -3,888 -2,101 -1,539 -3,330 -3,323 -11,221
Net Cash From Continuing Investing Activities		 -895 -1,310 -3,132 -3,503 -3,888 -2,101 -1,539 -3,330 -3,323 -11,221
Purchase of Property, Plant & Equipment		 -902 -1,191 -3,246 -3,374 -3,697 -2,057 -2,274 -3,613 -4,714 -11,787
Sale of Property, Plant & Equipment		 9.74 4.66 66 80 300 63 820 327 1,407 467
Other Investing Activities, net		 -0.27 -122 48 -98 -6.00 -107 -85 -44 -16 99
Net Cash From Financing Activities		 468 2,625 689 2,041 1,062 -37 -1,841 -3,503 -2,176 4,387
Net Cash From Continuing Financing Activities		 468 2,625 689 2,041 1,062 -37 -1,841 -3,503 -2,176 4,387
Repayment of Debt		 -604 -581 -393 -1,840 -5,034 -1,738 -4,501 -8,093 -4,847 -3,651
Repurchase of Common Equity		 -0.59 -1.18 -1.00 -3.00 -634 -137 -431 -1,098 -840 -959
Payment of Dividends		 -7.97 -9.57 -41 -135 -234 -329 -424 -1,789 -1,573 -1,805
Issuance of Debt		 425 1,164 754 3,714 5,819 2,127 3,513 7,704 5,179 9,875
Issuance of Common Equity		 651 2,052 370 305 1,106 - - 0.00 0.00 476
Other Financing Activities, net		 4.87 0.50 0.00 0.00 39 40 2.00 -227 -95 451

Quarterly Cash Flow Statements for Diamondback Energy

This table details how cash moves in and out of Diamondback Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents		 -25 130 -111 -32 809 -245 314 6,012 -6,538 -209
Net Cash From Operating Activities		 1,925 1,441 1,425 1,513 1,358 1,624 1,334 1,529 1,209 2,341
Net Cash From Continuing Operating Activities		 1,925 1,441 1,425 1,513 1,358 1,624 1,334 1,529 1,209 2,341
Net Income / (Loss) Continuing Operations		 1,270 1,028 746 586 993 1,011 809 894 708 1,290
Consolidated Net Income / (Loss)		 1,270 1,028 746 586 993 1,011 809 894 708 1,290
Depreciation Expense		 336 365 403 432 442 469 469 483 742 1,156
Non-Cash Adjustments To Reconcile Net Income		 -76 -93 91 154 56 -142 54 -42 -125 -33
Changes in Operating Assets and Liabilities, net		 395 141 185 341 -133 286 2.00 194 -116 -72
Net Cash From Investing Activities		 -720 -1,378 -1,279 -595 15 -1,464 -751 -449 -8,166 -1,855
Net Cash From Continuing Investing Activities		 -720 -1,378 -1,279 -595 15 -1,464 -751 -449 -8,166 -1,855
Purchase of Property, Plant & Equipment		 -745 -1,594 -1,537 -856 -852 -1,469 -762 -687 -8,479 -1,859
Sale of Property, Plant & Equipment		 33 222 264 268 868 7.00 12 240 207 8.00
Other Investing Activities, net		 -8.00 -6.00 -6.00 -7.00 -1.00 -2.00 -1.00 -2.00 106 -4.00
Net Cash From Financing Activities		 -1,230 67 -257 -950 -564 -405 -269 4,932 419 -695
Net Cash From Continuing Financing Activities		 -1,230 67 -257 -950 -564 -405 -269 4,932 419 -695
Repayment of Debt		 -2,607 -1,973 -1,011 -2,186 -1,339 -311 -176 -246 -1,078 -2,151
Repurchase of Common Equity		 -472 -316 -332 -321 -56 -131 -42 - -515 -402
Payment of Dividends		 -597 -434 -576 -175 -174 -648 -592 -406 -475 -332
Issuance of Debt		 2,521 2,854 1,696 1,755 1,015 713 90 5,584 2,011 2,190

Annual Balance Sheets for Diamondback Energy

This table presents Diamondback Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets		 2,751 5,350 7,771 21,596 23,531 17,619 22,898 26,209 29,001 67,292
Total Current Assets		 109 1,792 359 925 869 602 1,446 1,392 1,621 2,110
Cash & Equivalents		 20 1,667 112 215 123 104 654 157 582 161
Restricted Cash		 0.50 0.50 0.00 0.00 5.00 4.00 18 7.00 3.00 3.00
Accounts Receivable		 79 120 232 392 615 337 670 722 846 1,585
Inventories, net		 1.73 1.98 9.11 37 37 33 62 67 63 116
Prepaid Expenses		 2.88 2.99 4.90 50 24 23 28 23 110 77
Other Current Assets		 4.62 0.00 0.53 231 46 1.00 13 132 17 168
Plant, Property, & Equipment, net		 2,598 3,391 7,344 20,372 21,835 16,214 20,619 23,759 26,674 64,472
Plant, Property & Equipment, gross		 4,011 5,227 9,505 23,146 26,838 28,528 34,164 38,603 43,103 83,680
Accumulated Depreciation		 1,414 1,836 2,161 2,774 5,003 12,314 13,545 14,844 16,429 19,208
Total Noncurrent Assets		 44 167 69 299 827 803 833 1,058 706 710
Long-Term Investments		 - - 0.00 1.00 479 533 701 566 529 375
Noncurrent Deferred & Refundable Income Taxes		 - - 0.00 97 142 73 40 64 45 173
Other Noncurrent Operating Assets		 44 167 69 201 206 197 92 270 132 162
Total Liabilities & Shareholders' Equity		 2,751 5,350 7,771 21,596 23,531 17,619 22,898 26,209 29,001 67,292
Total Liabilities		 642 1,331 2,189 7,429 8,625 7,815 9,653 10,519 11,571 27,430
Total Current Liabilities		 141 209 577 1,019 1,263 1,236 1,438 1,716 2,108 4,811
Short-Term Debt		 - - - - 0.00 191 45 10 0.00 900
Accounts Payable		 20 48 95 128 179 71 36 127 261 253
Accrued Expenses		 104 116 314 748 779 488 714 879 968 1,710
Current Deferred Revenue		 17 23 69 143 278 237 452 619 764 1,491
Current Deferred & Payable Income Tax Liabilities		 - - - - - - 17 34 29 414
Other Current Liabilities		 0.00 23 100 0.00 27 249 174 47 86 43
Total Noncurrent Liabilities		 500 1,122 1,612 6,410 7,362 6,579 8,215 8,803 9,463 22,619
Long-Term Debt		 488 1,106 1,477 4,474 5,371 5,624 6,642 6,238 6,641 12,075
Asset Retirement Reserve & Litigation Obligation		 13 16 20 136 94 108 166 336 239 573
Noncurrent Deferred & Payable Income Tax Liabilities		 - 0.00 108 1,785 1,886 783 1,338 2,069 2,449 9,826
Other Noncurrent Operating Liabilities		 - 0.00 6.30 15 11 64 69 160 134 145
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,109 4,018 5,582 14,167 14,906 9,804 13,245 15,690 17,430 39,862
Total Preferred & Common Equity		 1,876 3,697 5,255 13,700 13,249 8,794 12,088 15,009 16,625 37,736
Total Common Equity		 1,876 3,697 5,255 13,700 13,249 8,794 12,088 15,009 16,625 37,736
Common Stock		 2,230 4,217 5,292 12,938 12,359 12,658 14,086 14,215 14,144 33,504
Retained Earnings		 -354 -519 -37 762 890 -3,864 -1,998 801 2,489 4,238
Accumulated Other Comprehensive Income / (Loss)		 - - 0.00 - - - 0.00 -7.00 -8.00 -6.00
Noncontrolling Interest		 233 321 327 467 1,657 1,010 1,157 681 805 2,126

Quarterly Balance Sheets for Diamondback Energy

This table presents Diamondback Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Total Assets		 23,843 26,209 27,589 27,587 28,049 29,001 29,690 35,637 65,747 67,292
Total Current Assets		 1,031 1,392 1,160 918 1,916 1,621 1,948 7,825 2,022 2,110
Cash & Equivalents		 27 157 46 18 827 582 896 6,908 370 161
Restricted Cash		 7.00 7.00 7.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Accounts Receivable		 784 722 754 687 980 846 942 830 1,430 1,585
Inventories, net		 59 67 69 66 70 63 57 55 126 116
Prepaid Expenses		 54 23 36 17 19 110 43 25 51 77
Other Current Assets		 98 132 60 7.00 1.00 17 7.00 4.00 42 168
Plant, Property, & Equipment, net		 21,903 23,759 25,514 25,145 25,365 26,674 27,024 27,099 63,053 64,472
Plant, Property & Equipment, gross		 36,390 38,603 40,752 40,703 41,353 43,103 43,915 44,459 81,135 83,680
Accumulated Depreciation		 14,487 14,844 15,238 15,558 15,988 16,429 16,891 17,360 18,082 19,208
Total Noncurrent Assets		 909 1,058 915 1,524 768 706 718 713 672 710
Long-Term Investments		 674 566 573 587 519 529 612 542 458 375
Noncurrent Deferred & Refundable Income Taxes		 74 64 62 60 60 45 61 32 62 173
Other Noncurrent Operating Assets		 161 270 137 135 189 132 45 139 152 162
Total Liabilities & Shareholders' Equity		 23,843 26,209 27,589 27,587 28,049 29,001 29,690 35,637 65,747 67,292
Total Liabilities		 9,285 10,519 11,466 11,375 11,065 11,571 11,671 17,110 26,928 27,430
Total Current Liabilities		 1,678 1,716 1,886 2,123 2,141 2,108 2,118 2,137 4,463 4,811
Short-Term Debt		 10 10 10 0.00 0.00 0.00 - - 1,000 900
Accounts Payable		 139 127 241 249 358 261 243 331 198 253
Accrued Expenses		 774 879 816 1,012 825 968 907 903 1,498 1,710
Current Deferred Revenue		 634 619 716 729 782 764 732 782 1,444 1,491
Current Deferred & Payable Income Tax Liabilities		 31 34 51 15 37 29 134 49 289 414
Other Current Liabilities		 90 47 52 118 139 86 102 72 34 43
Total Noncurrent Liabilities		 7,607 8,803 9,580 9,252 8,924 9,463 9,553 14,973 22,465 22,619
Long-Term Debt		 5,347 6,238 6,950 6,543 6,230 6,641 6,629 11,980 11,923 12,075
Asset Retirement Reserve & Litigation Obligation		 325 336 306 286 240 239 266 300 493 573
Noncurrent Deferred & Payable Income Tax Liabilities		 1,737 2,069 2,161 2,233 2,243 2,449 2,502 2,549 9,952 9,826
Other Noncurrent Operating Liabilities		 198 160 163 190 211 134 156 144 97 145
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 14,558 15,690 16,123 16,212 16,984 17,430 18,019 18,527 38,819 39,862
Total Preferred & Common Equity		 13,843 15,009 15,464 15,554 16,280 16,625 16,950 17,448 37,429 37,736
Total Common Equity		 13,843 15,009 15,464 15,554 16,280 16,625 16,950 17,448 37,429 37,736
Common Stock		 13,648 14,215 14,504 14,189 14,151 14,144 14,253 14,269 34,010 33,504
Retained Earnings		 195 801 967 1,372 2,136 2,489 2,705 3,187 3,427 4,238
Accumulated Other Comprehensive Income / (Loss)		 - -7.00 -7.00 -7.00 -7.00 -8.00 -8.00 -8.00 -8.00 -6.00
Noncontrolling Interest		 715 681 659 658 704 805 1,069 1,079 1,390 2,126

Annual Metrics and Ratios for Diamondback Energy

This table displays calculated financial ratios and metrics derived from Diamondback Energy's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 -9.88% 17.99% 128.61% 77.76% 85.06% -29.04% 141.63% 41.87% -12.77% 31.55%
EBITDA Growth		 -195.25% 118.44% 867.34% 109.90% 12.39% -307.46% 204.42% 63.39% -15.81% 22.16%
EBIT Growth		 -308.44% 87.15% 691.87% 123.23% -50.37% -1,033.56% 156.90% 86.73% -26.20% 5.73%
NOPAT Growth		 -479.16% 90.73% 1,410.27% 36.39% -29.55% -733.83% 181.72% 65.23% -30.66% 0.72%
Net Income Growth		 -379.53% 69.90% 413.51% 82.79% -66.67% -1,583.17% 148.72% 100.44% -26.87% 10.94%
EPS Growth		 -340.11% 74.83% 324.55% 63.16% -81.76% -2,046.26% 142.78% 101.06% -29.54% -10.44%
Operating Cash Flow Growth		 16.87% -20.27% 167.71% 76.04% 75.02% -22.67% 86.21% 60.37% -6.40% 8.33%
Free Cash Flow Firm Growth		 61.18% -99.22% -207.88% -271.31% 93.97% 234.14% -152.22% 698.71% -37.36% -1,629.63%
Invested Capital Growth		 -1.97% 34.20% 100.94% 165.24% 6.76% -23.85% 23.91% 13.42% 9.06% 127.81%
Revenue Q/Q Growth		 -3.72% 15.49% 21.49% 10.35% 14.60% -10.30% 22.34% 0.08% 2.41% 15.48%
EBITDA Q/Q Growth		 -267.87% 153.48% 12.92% 31.96% -26.79% -15.35% 111.28% 0.15% 0.93% 12.29%
EBIT Q/Q Growth		 -97.77% 73.72% 9.12% 36.05% -60.84% -8.33% 261.00% -0.57% -1.09% 2.90%
NOPAT Q/Q Growth		 -43.87% 80.02% 32.88% -10.28% -41.41% -7.06% 112.57% -0.63% -1.28% 10.22%
Net Income Q/Q Growth		 -109.85% 56.62% 24.40% 55.98% -74.92% -6.47% 385.29% -0.50% -0.51% 8.15%
EPS Q/Q Growth		 -122.96% 61.06% 15.69% 22.31% -79.09% -6.40% 544.21% -0.20% -1.53% -11.10%
Operating Cash Flow Q/Q Growth		 -6.19% 9.51% 19.53% 11.47% 20.98% -18.60% 24.03% 4.53% 3.19% 12.59%
Free Cash Flow Firm Q/Q Growth		 29.28% -38.37% 9.87% -2,710.55% 94.05% 82.53% 56.22% -38.77% 72.07% 0.16%
Invested Capital Q/Q Growth		 -5.79% 9.22% 1.97% 126.16% -1.33% -5.71% 0.96% 9.60% 4.99% 2.72%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 80.14% 82.16% 87.55% 85.85% 95.48% 95.02% 88.57% 97.32% 84.90% 76.84%
EBITDA Margin		 -109.08% 17.04% 72.12% 85.15% 51.72% -151.19% 65.34% 75.25% 72.62% 67.44%
Operating Margin		 -165.71% -13.02% 50.21% 47.20% 17.53% -194.67% 58.86% 67.49% 54.33% 39.73%
EBIT Margin		 -158.39% -17.24% 44.65% 56.07% 15.04% -197.80% 46.58% 61.31% 51.87% 41.69%
Profit (Net Income) Margin		 -122.62% -31.29% 42.90% 44.12% 7.95% -166.09% 33.49% 47.31% 39.66% 33.44%
Tax Burden Percent		 73.13% 100.12% 104.02% 84.91% 87.02% 80.89% 78.29% 79.53% 78.53% 82.23%
Interest Burden Percent		 105.87% 181.21% 92.38% 92.67% 60.74% 103.81% 91.82% 97.02% 97.36% 97.57%
Effective Tax Rate		 0.00% 0.00% -4.02% 15.09% 12.98% 0.00% 21.71% 20.47% 21.47% 17.77%
Return on Invested Capital (ROIC)		 -19.91% -1.59% 12.10% 6.77% 3.18% -22.13% 18.68% 26.14% 16.31% 9.61%
ROIC Less NNEP Spread (ROIC-NNEP)		 -25.25% 247.16% -15.86% 9.85% -3.25% -39.01% 2.35% 14.63% 11.67% 10.57%
Return on Net Nonoperating Assets (RNNOA)		 -6.85% -3.79% -1.33% 2.80% -1.01% -15.69% 1.07% 5.40% 3.83% 3.31%
Return on Equity (ROE)		 -26.76% -5.38% 10.77% 9.57% 2.17% -37.81% 19.75% 31.53% 20.14% 12.92%
Cash Return on Invested Capital (CROIC)		 -17.92% -30.80% -54.98% -83.72% -3.36% 4.96% -2.67% 13.56% 7.64% -68.37%
Operating Return on Assets (OROA)		 -24.21% -2.24% 8.20% 8.18% 2.64% -27.04% 15.63% 24.08% 15.81% 9.58%
Return on Assets (ROA)		 -18.74% -4.07% 7.88% 6.44% 1.40% -22.71% 11.23% 18.58% 12.08% 7.69%
Return on Common Equity (ROCE)		 -23.71% -4.90% 10.04% 9.19% 2.01% -33.73% 17.89% 29.53% 19.24% 12.26%
Return on Equity Simple (ROE_SIMPLE)		 -29.20% -4.46% 9.84% 6.90% 2.38% -53.13% 18.83% 30.40% 20.07% 9.81%
Net Operating Profit after Tax (NOPAT)		 -518 -48 629 858 605 -3,833 3,133 5,176 3,589 3,615
NOPAT Margin		 -116.00% -9.11% 52.23% 40.07% 15.26% -136.27% 46.09% 53.68% 42.66% 32.66%
Net Nonoperating Expense Percent (NNEP)		 5.33% -248.75% 27.96% -3.08% 6.42% 16.88% 16.33% 11.50% 4.65% -0.96%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 23.59% 14.91% 6.84%
Cost of Revenue to Revenue		 19.86% 17.84% 12.45% 14.15% 4.52% 4.98% 11.43% 2.68% 15.10% 23.16%
SG&A Expenses to Revenue		 7.16% 8.09% 3.98% 3.17% 15.09% 7.00% 3.55% 2.65% 3.45% 2.86%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 245.85% 95.18% 37.34% 38.66% 77.95% 289.69% 29.70% 29.84% 30.58% 37.11%
Earnings before Interest and Taxes (EBIT)		 -708 -91 538 1,201 596 -5,564 3,166 5,912 4,363 4,613
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -487 90 869 1,824 2,050 -4,253 4,441 7,256 6,109 7,463
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.90 1.71 1.89 0.55 0.91 0.73 1.38 1.46 1.60 1.27
Price to Tangible Book Value (P/TBV)		 1.90 1.71 1.89 0.55 0.91 0.73 1.38 1.46 1.60 1.27
Price to Revenue (P/Rev)		 7.99 11.97 8.22 3.51 3.04 2.28 2.46 2.27 3.16 4.32
Price to Earnings (P/E)		 0.00 0.00 20.56 8.90 50.16 0.00 7.65 4.98 8.46 14.33
Dividend Yield		 0.00% 0.00% 0.00% 0.50% 0.92% 3.70% 1.90% 2.26% 2.21% 4.51%
Earnings Yield		 0.00% 0.00% 4.86% 11.24% 1.99% 0.00% 13.07% 20.08% 11.83% 6.98%
Enterprise Value to Invested Capital (EV/IC)		 1.66 1.76 1.67 0.67 0.94 0.84 1.25 1.33 1.43 1.19
Enterprise Value to Revenue (EV/Rev)		 9.55 11.51 9.63 5.72 4.66 4.47 3.41 2.91 3.91 5.64
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 67.55 13.35 6.72 9.00 0.00 5.22 3.86 5.39 8.36
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 21.57 10.20 30.97 0.00 7.32 4.74 7.54 13.53
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 18.44 14.28 30.52 0.00 7.40 5.42 9.17 17.26
Enterprise Value to Operating Cash Flow (EV/OCF)		 10.25 18.27 13.05 7.83 6.74 5.94 5.88 4.43 5.56 9.73
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 14.65 0.00 10.44 19.57 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.23 0.28 0.26 0.32 0.36 0.59 0.50 0.40 0.38 0.33
Long-Term Debt to Equity		 0.23 0.28 0.26 0.32 0.36 0.57 0.50 0.40 0.38 0.30
Financial Leverage		 0.27 -0.02 0.08 0.28 0.31 0.40 0.46 0.37 0.33 0.31
Leverage Ratio		 1.43 1.32 1.37 1.49 1.55 1.67 1.76 1.70 1.67 1.68
Compound Leverage Factor		 1.51 2.40 1.26 1.38 0.94 1.73 1.61 1.65 1.62 1.64
Debt to Total Capital		 18.79% 21.58% 20.93% 24.00% 26.49% 37.23% 33.55% 28.48% 27.59% 24.56%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 1.22% 0.23% 0.05% 0.00% 1.70%
Long-Term Debt to Total Capital		 18.79% 21.58% 20.93% 24.00% 26.49% 36.01% 33.32% 28.43% 27.59% 22.85%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 8.97% 6.26% 4.63% 2.51% 8.17% 6.47% 5.80% 3.10% 3.34% 4.02%
Common Equity to Total Capital		 72.24% 72.16% 74.44% 73.49% 65.34% 56.30% 60.65% 68.42% 69.07% 71.42%
Debt to EBITDA		 -1.00 12.31 1.70 2.45 2.62 -1.37 1.51 0.86 1.09 1.74
Net Debt to EBITDA		 -0.96 -6.25 1.57 2.33 2.32 -1.22 1.20 0.76 0.90 1.67
Long-Term Debt to EBITDA		 -1.00 12.31 1.70 2.45 2.62 -1.32 1.50 0.86 1.09 1.62
Debt to NOPAT		 -0.94 -23.02 2.35 5.21 8.88 -1.52 2.13 1.21 1.85 3.59
Net Debt to NOPAT		 -0.90 11.68 2.17 4.96 7.88 -1.35 1.70 1.07 1.54 3.44
Long-Term Debt to NOPAT		 -0.94 -23.02 2.35 5.21 8.88 -1.47 2.12 1.21 1.85 3.34
Altman Z-Score		 2.46 3.10 3.06 0.93 1.12 -0.74 1.67 2.39 2.26 1.48
Noncontrolling Interest Sharing Ratio		 11.41% 9.04% 6.75% 4.02% 7.31% 10.79% 9.40% 6.35% 4.49% 5.12%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 0.77 8.56 0.62 0.91 0.69 0.49 1.01 0.81 0.77 0.44
Quick Ratio		 0.70 8.53 0.60 0.60 0.58 0.36 0.92 0.51 0.68 0.36
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -466 -929 -2,860 -10,620 -640 859 -448 2,685 1,682 -25,726
Operating Cash Flow to CapEx		 46.69% 28.00% 27.96% 47.51% 80.63% 106.22% 271.25% 192.48% 179.01% 56.65%
Free Cash Flow to Firm to Interest Expense		 0.00 -28.04 0.00 0.00 -11.43 171.76 -5.98 27.12 420.47 0.00
Operating Cash Flow to Interest Expense		 0.00 10.02 0.00 0.00 48.91 423.60 52.59 63.89 1,480.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 -25.77 0.00 0.00 -11.75 24.80 33.20 30.70 653.25 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.15 0.13 0.18 0.15 0.18 0.14 0.34 0.39 0.30 0.23
Accounts Receivable Turnover		 7.09 5.30 6.85 6.87 7.87 5.91 13.50 13.85 10.73 9.10
Inventory Turnover		 38.95 50.68 27.05 13.14 4.84 4.00 16.36 4.00 19.54 28.64
Fixed Asset Turnover		 0.17 0.18 0.22 0.15 0.19 0.15 0.37 0.43 0.33 0.24
Accounts Payable Turnover		 3.82 2.77 2.11 2.72 1.17 1.12 14.52 3.17 6.55 9.97
Days Sales Outstanding (DSO)		 51.46 68.91 53.27 53.13 46.36 61.76 27.04 26.34 34.02 40.09
Days Inventory Outstanding (DIO)		 9.37 7.20 13.49 27.77 75.45 91.25 22.31 91.25 18.68 12.75
Days Payable Outstanding (DPO)		 95.56 131.73 173.06 134.07 313.00 325.89 25.13 115.30 55.76 36.60
Cash Conversion Cycle (CCC)		 -34.74 -55.62 -106.29 -53.16 -191.19 -172.88 24.22 2.29 -3.06 16.24
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 2,576 3,457 6,947 18,425 19,670 14,978 18,559 21,050 22,957 52,298
Invested Capital Turnover		 0.17 0.17 0.23 0.17 0.21 0.16 0.41 0.49 0.38 0.29
Increase / (Decrease) in Invested Capital		 -52 881 3,490 11,478 1,245 -4,692 3,581 2,491 1,907 29,341
Enterprise Value (EV)		 4,268 6,068 11,602 12,254 18,460 12,585 23,172 28,042 32,909 62,399
Market Capitalization		 3,568 6,309 9,910 7,529 12,039 6,401 16,701 21,843 26,577 47,837
Book Value per Share		 $28.12 $47.36 $53.53 $135.30 $82.58 $55.67 $66.72 $85.28 $92.88 $129.24
Tangible Book Value per Share		 $28.12 $47.36 $53.53 $135.30 $82.58 $55.67 $66.72 $85.28 $92.88 $129.24
Total Capital		 2,597 5,124 7,059 18,641 20,277 15,619 19,932 21,938 24,071 52,837
Total Debt		 488 1,106 1,477 4,474 5,371 5,815 6,687 6,248 6,641 12,975
Total Long-Term Debt		 488 1,106 1,477 4,474 5,371 5,624 6,642 6,238 6,641 12,075
Net Debt		 467 -561 1,365 4,258 4,764 5,174 5,314 5,518 5,527 12,436
Capital Expenditures (CapEx)		 892 1,186 3,180 3,294 3,397 1,994 1,454 3,286 3,307 11,320
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -53 -84 -331 -309 -522 -551 -619 -478 -1,072 -1,965
Debt-free Net Working Capital (DFNWC)		 -33 1,583 -219 -94 -394 -443 53 -314 -487 -1,801
Net Working Capital (NWC)		 -33 1,583 -219 -94 -394 -634 8.00 -324 -487 -2,701
Net Nonoperating Expense (NNE)		 30 117 112 -87 290 839 857 614 253 -86
Net Nonoperating Obligations (NNO)		 467 -561 1,365 4,258 4,764 5,174 5,314 5,360 5,527 12,436
Total Depreciation and Amortization (D&A)		 220 181 331 623 1,454 1,311 1,275 1,344 1,746 2,850
Debt-free, Cash-free Net Working Capital to Revenue		 -11.93% -15.98% -27.49% -14.43% -13.17% -19.59% -9.11% -4.96% -12.74% -17.76%
Debt-free Net Working Capital to Revenue		 -7.31% 300.29% -18.16% -4.39% -9.94% -15.75% 0.78% -3.26% -5.79% -16.28%
Net Working Capital to Revenue		 -7.31% 300.29% -18.16% -4.39% -9.94% -22.54% 0.12% -3.36% -5.79% -24.41%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($8.74) ($2.20) $4.95 $8.09 $1.47 ($28.59) $12.35 $24.61 $17.34 $15.53
Adjusted Weighted Average Basic Shares Outstanding		 63.02M 75.08M 97.46M 104.62M 163.49M 157.98M 176.64M 176.54M 180.00M 213.55M
Adjusted Diluted Earnings per Share		 ($8.74) ($2.20) $4.94 $8.06 $1.47 ($28.59) $12.30 $24.61 $17.34 $15.53
Adjusted Weighted Average Diluted Shares Outstanding		 63.02M 75.08M 97.69M 104.93M 163.84M 157.98M 177.36M 176.54M 180.00M 213.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 71.40M 90.14M 98.17M 164.38M 158.28M 158.02M 177.41M 183.59M 178.45M 289.44M
Normalized Net Operating Profit after Tax (NOPAT)		 52 124 424 889 1,292 382 3,194 5,187 3,598 3,864
Normalized NOPAT Margin		 11.68% 23.49% 35.15% 41.50% 32.60% 13.56% 46.99% 53.79% 42.77% 34.92%
Pre Tax Income Margin		 -167.68% -31.25% 41.24% 51.96% 9.13% -205.33% 42.77% 59.48% 50.50% 40.67%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 -2.74 0.00 0.00 10.64 -1,112.80 42.21 59.72 1,090.75 0.00
NOPAT to Interest Expense		 0.00 -1.45 0.00 0.00 10.80 -766.64 41.77 52.28 897.22 0.00
EBIT Less CapEx to Interest Expense		 0.00 -38.53 0.00 0.00 -50.02 -1,511.60 22.83 26.53 264.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 -37.24 0.00 0.00 -49.86 -1,165.44 22.38 19.09 70.47 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 -1.45% -5.81% 7.93% 14.29% 74.29% -7.04% 18.63% 39.22% 47.15% 48.77%
Augmented Payout Ratio		 -1.56% -6.52% 8.12% 14.60% 275.56% -9.97% 37.57% 63.28% 72.33% 74.68%

Quarterly Metrics and Ratios for Diamondback Energy

This table displays calculated financial ratios and metrics derived from Diamondback Energy's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 27.59% 0.40% -20.06% -30.67% -3.98% 9.75% 15.69% 29.39% 13.03% 66.56%
EBITDA Growth		 51.53% 0.65% -2.39% -44.72% -9.71% 3.59% 10.88% 35.82% -3.85% 47.28%
EBIT Growth		 70.97% -2.48% -11.18% -58.02% -18.43% -3.22% 8.63% 48.98% -28.30% 11.29%
NOPAT Growth		 45.21% -3.31% -38.36% -49.70% -20.20% -4.61% 9.23% 15.57% -47.78% 35.68%
Net Income Growth		 88.43% -2.19% -7.10% -59.89% -21.81% -1.65% 8.45% 52.56% -28.70% 27.60%
EPS Growth		 89.30% -0.88% -10.80% -61.54% -24.55% -4.81% 10.31% 52.79% -37.08% -36.33%
Operating Cash Flow Growth		 60.55% 23.48% 13.82% -11.37% -29.45% 12.70% -6.39% 1.06% -10.97% 44.15%
Free Cash Flow Firm Growth		 130.76% 41.48% -337.12% -288.58% -428.48% 36.11% 101.97% 50.11% -1,670.70% -2,847.39%
Invested Capital Growth		 4.48% 13.42% 18.68% 11.91% 13.84% 9.06% 3.69% 7.70% 132.84% 127.81%
Revenue Q/Q Growth		 -11.96% -16.70% -5.17% -0.31% 21.94% -4.79% -0.04% 11.50% 6.52% 40.30%
EBITDA Q/Q Growth		 -12.73% -11.68% -18.64% -12.10% 42.54% 1.32% -13.25% 7.67% 0.91% 55.20%
EBIT Q/Q Growth		 -15.29% -15.97% -26.55% -20.00% 64.59% -0.31% -18.01% 9.72% -20.78% 54.73%
NOPAT Q/Q Growth		 -15.29% -23.77% -19.90% -2.75% 34.38% -8.88% -8.28% 2.90% -39.28% 136.76%
Net Income Q/Q Growth		 -13.07% -19.06% -27.43% -21.45% 69.45% 1.81% -19.98% 10.51% -20.81% 82.20%
EPS Q/Q Growth		 -15.26% -16.52% -30.84% -21.39% 66.23% 5.33% -19.85% 8.88% -31.55% 6.58%
Operating Cash Flow Q/Q Growth		 12.77% -25.14% -1.11% 6.18% -10.24% 19.59% -17.86% 14.62% -20.93% 93.63%
Free Cash Flow Firm Q/Q Growth		 -38.31% -403.97% -81.94% 44.73% -7.46% 40.88% 106.16% -1,498.81% -3,714.03% 1.59%
Invested Capital Q/Q Growth		 0.42% 9.60% 6.00% -4.07% 2.15% 4.99% 1.15% -0.36% 120.83% 2.72%
Profitability Metrics		 - - - - - - - - - -
Gross Margin		 97.09% 96.70% 86.49% 96.46% 84.70% 73.79% 90.88% 84.25% 73.61% 65.75%
EBITDA Margin		 79.03% 83.79% 72.10% 63.57% 74.32% 79.08% 69.11% 66.73% 63.21% 69.93%
Operating Margin		 66.23% 61.87% 53.25% 52.11% 57.27% 54.08% 50.20% 46.56% 26.84% 38.05%
EBIT Margin		 65.24% 65.81% 51.17% 41.06% 55.43% 58.03% 48.05% 47.28% 35.16% 38.78%
Profit (Net Income) Margin		 52.11% 50.64% 38.75% 30.54% 42.44% 45.38% 36.33% 36.00% 26.77% 34.76%
Tax Burden Percent		 81.41% 79.75% 78.28% 78.03% 78.25% 79.29% 78.39% 78.01% 77.12% 91.81%
Interest Burden Percent		 98.11% 96.48% 96.75% 95.30% 97.84% 98.61% 96.45% 97.62% 98.71% 97.64%
Effective Tax Rate		 18.59% 20.25% 21.72% 21.97% 21.75% 20.71% 21.61% 21.99% 22.88% 8.19%
Return on Invested Capital (ROIC)		 27.64% 24.03% 18.57% 16.68% 17.92% 16.40% 15.09% 15.16% 5.45% 10.27%
ROIC Less NNEP Spread (ROIC-NNEP)		 26.81% 24.52% 17.56% 12.76% 16.76% 17.42% 13.90% 15.00% 7.34% 10.20%
Return on Net Nonoperating Assets (RNNOA)		 10.54% 9.05% 6.53% 4.14% 5.06% 5.72% 4.60% 4.20% 2.23% 3.20%
Return on Equity (ROE)		 38.18% 33.07% 25.10% 20.82% 22.99% 22.12% 19.69% 19.36% 7.69% 13.47%
Cash Return on Invested Capital (CROIC)		 23.33% 13.56% 5.63% 8.02% 4.76% 7.64% 12.50% 9.60% -70.81% -68.37%
Operating Return on Assets (OROA)		 27.05% 25.85% 18.41% 13.37% 17.55% 17.68% 14.62% 13.88% 7.18% 8.91%
Return on Assets (ROA)		 21.60% 19.89% 13.94% 9.95% 13.43% 13.83% 11.05% 10.57% 5.47% 7.99%
Return on Common Equity (ROCE)		 35.84% 30.97% 23.62% 19.64% 21.95% 21.13% 18.70% 18.39% 7.40% 12.78%
Return on Equity Simple (ROE_SIMPLE)		 33.12% 0.00% 29.13% 23.34% 20.60% 0.00% 20.05% 21.25% 9.14% 0.00%
Net Operating Profit after Tax (NOPAT)		 1,314 1,002 802 780 1,049 955 876 902 548 1,296
NOPAT Margin		 53.92% 49.34% 41.68% 40.66% 44.81% 42.89% 39.35% 36.32% 20.70% 34.93%
Net Nonoperating Expense Percent (NNEP)		 0.83% -0.49% 1.01% 3.91% 1.17% -1.02% 1.19% 0.16% -1.89% 0.07%
Return On Investment Capital (ROIC_SIMPLE)		 - 4.57% - - - 3.97% - - - 2.45%
Cost of Revenue to Revenue		 2.91% 3.30% 13.51% 3.54% 15.30% 26.21% 3.46% 3.30% 26.39% 45.97%
SG&A Expenses to Revenue		 10.22% -13.79% 3.84% 3.60% 3.46% 2.96% 14.14% 12.85% 3.18% -10.83%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 30.86% 34.83% 33.25% 44.35% 27.44% 19.70% 41.09% 38.10% 46.77% 27.19%
Earnings before Interest and Taxes (EBIT)		 1,590 1,336 985 788 1,297 1,293 1,070 1,174 930 1,439
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1,926 1,701 1,388 1,220 1,739 1,762 1,539 1,657 1,672 2,595
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.36 1.46 1.49 1.43 1.60 1.60 2.05 2.02 0.82 1.27
Price to Tangible Book Value (P/TBV)		 1.36 1.46 1.49 1.43 1.60 1.60 2.05 2.02 0.82 1.27
Price to Revenue (P/Rev)		 1.95 2.27 2.52 2.68 3.18 3.16 3.98 3.80 3.21 4.32
Price to Earnings (P/E)		 4.29 4.98 5.35 6.44 8.18 8.46 10.85 10.14 9.54 14.33
Dividend Yield		 2.35% 2.26% 2.38% 2.52% 2.19% 2.21% 2.40% 2.95% 4.25% 4.51%
Earnings Yield		 23.31% 20.08% 18.70% 15.52% 12.23% 11.83% 9.22% 9.86% 10.48% 6.98%
Enterprise Value to Invested Capital (EV/IC)		 1.26 1.33 1.35 1.35 1.45 1.43 1.77 1.77 0.87 1.19
Enterprise Value to Revenue (EV/Rev)		 2.51 2.91 3.29 3.47 3.86 3.91 4.69 4.41 4.62 5.64
Enterprise Value to EBITDA (EV/EBITDA)		 3.33 3.86 4.16 4.63 5.23 5.39 6.52 6.09 6.66 8.36
Enterprise Value to EBIT (EV/EBIT)		 4.06 4.74 5.19 6.14 7.18 7.54 9.16 8.43 9.87 13.53
Enterprise Value to NOPAT (EV/NOPAT)		 4.64 5.42 6.44 7.40 8.71 9.17 11.16 10.81 13.49 17.26
Enterprise Value to Operating Cash Flow (EV/OCF)		 3.99 4.43 4.63 4.58 5.52 5.56 7.02 6.99 7.77 9.73
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.51 10.44 25.98 17.77 32.40 19.57 14.40 19.16 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.37 0.40 0.43 0.40 0.37 0.38 0.37 0.65 0.33 0.33
Long-Term Debt to Equity		 0.37 0.40 0.43 0.40 0.37 0.38 0.37 0.65 0.31 0.30
Financial Leverage		 0.39 0.37 0.37 0.32 0.30 0.33 0.33 0.28 0.30 0.31
Leverage Ratio		 1.72 1.70 1.70 1.67 1.65 1.67 1.68 1.82 1.68 1.68
Compound Leverage Factor		 1.69 1.64 1.64 1.59 1.61 1.64 1.62 1.78 1.66 1.64
Debt to Total Capital		 26.90% 28.48% 30.15% 28.75% 26.84% 27.59% 26.89% 39.27% 24.98% 24.56%
Short-Term Debt to Total Capital		 0.05% 0.05% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 1.93% 1.70%
Long-Term Debt to Total Capital		 26.85% 28.43% 30.11% 28.75% 26.84% 27.59% 26.89% 39.27% 23.04% 22.85%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 3.59% 3.10% 2.85% 2.89% 3.03% 3.34% 4.34% 3.54% 2.69% 4.02%
Common Equity to Total Capital		 69.51% 68.42% 66.99% 68.35% 70.13% 69.07% 68.77% 57.19% 72.34% 71.42%
Debt to EBITDA		 0.74 0.86 0.96 1.05 1.03 1.09 1.06 1.78 1.94 1.74
Net Debt to EBITDA		 0.64 0.76 0.88 0.95 0.81 0.90 0.82 0.67 1.82 1.67
Long-Term Debt to EBITDA		 0.74 0.86 0.96 1.05 1.03 1.09 1.06 1.78 1.79 1.62
Debt to NOPAT		 1.03 1.21 1.49 1.68 1.71 1.85 1.81 3.17 3.94 3.59
Net Debt to NOPAT		 0.89 1.07 1.36 1.52 1.34 1.54 1.40 1.20 3.69 3.44
Long-Term Debt to NOPAT		 1.03 1.21 1.49 1.68 1.71 1.85 1.81 3.17 3.64 3.34
Altman Z-Score		 1.82 1.81 1.68 1.59 1.96 1.92 2.32 1.92 0.91 1.32
Noncontrolling Interest Sharing Ratio		 6.13% 6.35% 5.90% 5.66% 4.50% 4.49% 5.06% 5.00% 3.75% 5.12%
Liquidity Ratios		 - - - - - - - - - -
Current Ratio		 0.61 0.81 0.62 0.43 0.89 0.77 0.92 3.66 0.45 0.44
Quick Ratio		 0.48 0.51 0.42 0.33 0.84 0.68 0.87 3.62 0.40 0.36
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 490 -1,489 -2,710 -1,498 -1,609 -952 53 -747 -28,498 -28,045
Operating Cash Flow to CapEx		 270.37% 105.03% 111.94% 257.31% 0.00% 111.08% 177.87% 342.06% 14.62% 126.47%
Free Cash Flow to Firm to Interest Expense		 81.66 -41.37 0.00 -374.43 0.00 0.00 0.00 0.00 0.00 -5,608.91
Operating Cash Flow to Interest Expense		 320.83 40.03 0.00 378.25 0.00 0.00 0.00 0.00 0.00 468.20
Operating Cash Flow Less CapEx to Interest Expense		 202.17 1.92 0.00 231.25 0.00 0.00 0.00 0.00 0.00 98.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.41 0.39 0.36 0.33 0.32 0.30 0.30 0.29 0.20 0.23
Accounts Receivable Turnover		 12.08 13.85 9.99 9.64 9.31 10.73 10.28 12.23 7.95 9.10
Inventory Turnover		 13.63 4.00 7.01 7.11 11.67 19.54 17.25 18.20 14.70 28.64
Fixed Asset Turnover		 0.46 0.43 0.39 0.36 0.35 0.33 0.33 0.36 0.22 0.24
Accounts Payable Turnover		 9.54 3.17 3.17 3.00 3.03 6.55 4.49 3.80 5.18 9.97
Days Sales Outstanding (DSO)		 30.21 26.34 36.52 37.86 39.19 34.02 35.52 29.84 45.90 40.09
Days Inventory Outstanding (DIO)		 26.79 91.25 52.09 51.30 31.26 18.68 21.15 20.06 24.82 12.75
Days Payable Outstanding (DPO)		 38.27 115.30 115.31 121.80 120.45 55.76 81.26 96.14 70.42 36.60
Cash Conversion Cycle (CCC)		 18.73 2.29 -26.70 -32.64 -50.00 -3.06 -24.59 -46.24 0.30 16.24
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 19,207 21,050 22,314 21,405 21,865 22,957 23,137 23,054 50,911 52,298
Invested Capital Turnover		 0.51 0.49 0.45 0.41 0.40 0.38 0.38 0.42 0.26 0.29
Increase / (Decrease) in Invested Capital		 824 2,491 3,512 2,278 2,658 1,907 823 1,649 29,046 29,341
Enterprise Value (EV)		 24,159 28,042 30,091 28,874 31,672 32,909 40,892 40,885 44,237 62,399
Market Capitalization		 18,795 21,843 23,098 22,281 26,087 26,577 34,705 35,279 30,755 47,837
Book Value per Share		 $79.81 $85.28 $84.23 $85.89 $91.04 $92.88 $94.97 $97.83 $209.81 $129.24
Tangible Book Value per Share		 $79.81 $85.28 $84.23 $85.89 $91.04 $92.88 $94.97 $97.83 $209.81 $129.24
Total Capital		 19,915 21,938 23,083 22,755 23,214 24,071 24,648 30,507 51,742 52,837
Total Debt		 5,357 6,248 6,960 6,543 6,230 6,641 6,629 11,980 12,923 12,975
Total Long-Term Debt		 5,347 6,238 6,950 6,543 6,230 6,641 6,629 11,980 11,923 12,075
Net Debt		 4,649 5,518 6,334 5,935 4,881 5,527 5,118 4,527 12,092 12,436
Capital Expenditures (CapEx)		 712 1,372 1,273 588 -16 1,462 750 447 8,272 1,851
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -671 -478 -769 -1,226 -1,055 -1,072 -1,069 -1,223 -1,814 -1,965
Debt-free Net Working Capital (DFNWC)		 -637 -314 -716 -1,205 -225 -487 -170 5,688 -1,441 -1,801
Net Working Capital (NWC)		 -647 -324 -726 -1,205 -225 -487 -170 5,688 -2,441 -2,701
Net Nonoperating Expense (NNE)		 44 -26 56 194 56 -56 67 7.80 -160 6.43
Net Nonoperating Obligations (NNO)		 4,649 5,360 6,191 5,193 4,881 5,527 5,118 4,527 12,092 12,436
Total Depreciation and Amortization (D&A)		 336 365 403 432 442 469 469 483 742 1,156
Debt-free, Cash-free Net Working Capital to Revenue		 -6.96% -4.96% -8.40% -14.75% -12.84% -12.74% -12.27% -13.18% -18.93% -17.76%
Debt-free Net Working Capital to Revenue		 -6.61% -3.26% -7.82% -14.50% -2.74% -5.79% -1.95% 61.31% -15.04% -16.28%
Net Working Capital to Revenue		 -6.72% -3.36% -7.93% -14.50% -2.74% -5.79% -1.95% 61.31% -25.47% -24.41%
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $6.72 $5.61 $3.88 $3.05 $5.07 $5.34 $4.28 $4.66 $3.19 $3.40
Adjusted Weighted Average Basic Shares Outstanding		 174.41M 176.54M 181.99M 180.37M 178.87M 180.00M 178.48M 178.36M 204.73M 213.55M
Adjusted Diluted Earnings per Share		 $6.72 $5.61 $3.88 $3.05 $5.07 $5.34 $4.28 $4.66 $3.19 $3.40
Adjusted Weighted Average Diluted Shares Outstanding		 174.41M 176.54M 181.99M 180.37M 178.87M 180.00M 178.48M 178.36M 204.73M 213.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 176.00M 183.59M 181.09M 178.82M 178.98M 178.45M 178.34M 178.39M 291.99M 289.44M
Normalized Net Operating Profit after Tax (NOPAT)		 1,323 1,004 809 782 1,049 955 886 904 747 1,324
Normalized NOPAT Margin		 54.28% 49.46% 42.01% 40.74% 44.84% 42.89% 39.78% 36.41% 28.23% 35.68%
Pre Tax Income Margin		 64.01% 63.50% 49.51% 39.14% 54.23% 57.23% 46.34% 46.15% 34.71% 37.86%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 265.00 37.11 0.00 197.00 0.00 0.00 0.00 0.00 0.00 287.80
NOPAT to Interest Expense		 218.99 27.82 0.00 195.07 0.00 0.00 0.00 0.00 0.00 259.29
EBIT Less CapEx to Interest Expense		 146.33 -1.00 0.00 50.00 0.00 0.00 0.00 0.00 0.00 -82.40
NOPAT Less CapEx to Interest Expense		 100.33 -10.29 0.00 48.07 0.00 0.00 0.00 0.00 0.00 -110.91
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 32.41% 39.22% 49.08% 49.09% 40.53% 47.15% 46.75% 49.10% 61.98% 48.77%
Augmented Payout Ratio		 58.39% 63.28% 80.67% 88.79% 71.10% 72.33% 62.93% 55.27% 82.09% 74.68%

Frequently Asked Questions About Diamondback Energy's Financials

When does Diamondback Energy's financial year end?

According to the most recent income statement we have on file, Diamondback Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Diamondback Energy's net income changed over the last 9 years?

Diamondback Energy's net income appears to be on an upward trend, with a most recent value of $3.70 billion in 2024, falling from -$547.79 million in 2015. The previous period was $3.34 billion in 2023.

What is Diamondback Energy's operating income?
Diamondback Energy's total operating income in 2024 was $4.40 billion, based on the following breakdown:
  • Total Gross Profit: $8.50 billion
  • Total Operating Expenses: $4.11 billion
How has Diamondback Energy revenue changed over the last 9 years?

Over the last 9 years, Diamondback Energy's total revenue changed from $446.73 million in 2015 to $11.07 billion in 2024, a change of 2,377.1%.

How much debt does Diamondback Energy have?

Diamondback Energy's total liabilities were at $27.43 billion at the end of 2024, a 137.1% increase from 2023, and a 4,174.3% increase since 2015.

How much cash does Diamondback Energy have?

In the past 9 years, Diamondback Energy's cash and equivalents has ranged from $20.12 million in 2015 to $1.67 billion in 2016, and is currently $161 million as of their latest financial filing in 2024.

How has Diamondback Energy's book value per share changed over the last 9 years?

Over the last 9 years, Diamondback Energy's book value per share changed from 28.12 in 2015 to 129.24 in 2024, a change of 359.5%.


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This page (NASDAQ:FANG) was last updated on 4/30/2025 by MarketBeat.com Staff
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