Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Diamondback Energy, Inc.

FANG · Nasdaq · Energy

Fundamental quality

DEMANDING

35

out of 100

Diamondback Energy, Inc. earns a fundamental-quality score of 35 out of 100, profiling it as a company with demanding fundamentals. Its score rests mainly on its financial strength (net debt 2.78× EBITDA). Its weakest area is its growth (revenue +38%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Diamondback Energy is one of the big oil producers of Texas's Permian Basin, the heart of American shale. Its reputation: the lowest-cost, most iron-disciplined operator in the neighborhood, returning cash to shareholders instead of drilling for drilling's sake.

What will shape its future

  • Crude prices, the dictator of its cash flow no efficiency can dethrone.
  • The quality and longevity of its Permian well inventory, its real asset.
  • Capital discipline: dividends and buybacks before empty growth.

Breakdown by area

I.Growth
21

EPS growth: -44.8% · Revenue growth: 38%

II.Profitability
28

Net margin: 1.9% · ROE: 0.8%

III.Financial health
55

Net debt/EBITDA: 2.78x

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 30 Energy companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 17%
ROEbeats 8%
Growthbeats 100%
Less debtbeats 50%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Diamondback Energy, Inc. strengths

  • Revenue growing strongly (38% annualized).
  • It has turned profitable after years of losses.

Diamondback Energy, Inc. risks and weaknesses

  • Declining earnings per share (-44.8% annualized).
  • Its net debt has grown over the period.
  • Thin margins (net margin of 1.9%), little cushion for setbacks.
  • Low return on equity (ROE of 0.8%).

Diamondback Energy, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20202,813-4,5175,711
20216,7972,1826,033
20229,6434,3866,091
20238,4123,1436,059
202411,0663,33812,814
202515,0261,66414,385

Between 2020 and 2025, revenue went from $2,813M to $15,026M (+434%) and net income went from -$4,517M to $1,664M (+137%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+4.7%
  • Net income-98.2%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$4

per share, yearly

69.5% of earnings

Payout

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Diamondback Energy, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Diamondback Energy, Inc. a good company to invest in?

In terms of business quality, Diamondback Energy, Inc. scores 35 out of 100 in our analysis, placing it as a company with demanding fundamentals. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Diamondback Energy, Inc. a profitable company?

Diamondback Energy, Inc. is profitable, with a net margin of 1.9%, though a thin one.

Does Diamondback Energy, Inc. have a lot of debt?

A moderate level: its net debt is 2.78 times its EBITDA.

Is Diamondback Energy, Inc. growing?

Its revenue has grown 38% annualized in recent years.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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