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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›FANG›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Diamondback Energy, Inc. (FANG) financials

Income statement

Diamondback Energy, Inc. (FANG) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$527M$1.21B$2.18B$3.96B$2.81B$6.80B$9.64B$8.41B$11.1B$15.0B
Revenue growth—128.6%80.6%82.2%-29.0%141.6%41.9%-12.8%31.6%35.8%
Operating income-$68.6M$605M$1.01B$695M-$5.48B$4.00B$6.51B$4.57B$4.40B$1.27B
Operating margin-13.0%50.2%46.5%17.5%-194.7%58.9%67.5%54.3%39.7%8.4%
Net income-$165M$482M$846M$240M-$4.52B$2.18B$4.39B$3.14B$3.34B$1.66B
Net margin-31.3%40.0%38.9%6.1%-160.6%32.1%45.5%37.4%30.2%11.1%
EPS (diluted)-$2.20$4.94$8.06$1.47-$28.61$12.24$24.61$17.34$15.53$5.73

Cash flow

Diamondback Energy, Inc. (FANG) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$332M$889M$1.56B$2.74B$2.12B$3.94B$6.33B$5.92B$6.41B$8.76B
Share buybacks—$0.00$0.00$593M$98.0M$431M$1.10B$840M$959M—
Dividends paid$0.00$0.00$37.0M$112M$236M$312M$1.57B$1.44B$1.58B$1.16B

Balance sheet

Diamondback Energy, Inc. (FANG) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.67B$112M$215M$123M$104M$654M$157M$582M$161M$104M
Total assets$5.35B$7.77B$21.6B$23.5B$17.6B$22.9B$26.2B$29.0B$67.3B$71.1B
Total liabilities$1.33B$2.19B$7.43B$8.63B$7.82B$9.65B$10.5B$11.6B$27.4B$28.1B
Long-term debt$1.11B$1.48B$4.46B$5.37B$5.62B$6.64B$6.24B$6.64B$12.1B$13.7B
Shareholders' equity$3.70B$5.25B$13.7B$13.2B$8.79B$12.1B$15.0B$16.6B$37.7B$37.0B
Retained earnings-$519M-$37.1M$762M$890M-$3.86B-$2.00B$801M$2.49B$4.24B$4.74B
Shares (wtd avg diluted)75.1M97.7M105M164M158M177M177M180M214M289M

Every figure is extracted from Diamondback Energy, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Diamondback Energy, Inc.'s annual revenue?
Diamondback Energy, Inc. (FANG) reported $15.0B of revenue for fiscal year 2025 — up 35.8% from $11.1B in FY2024, per its annual report filed with the SEC.
Is Diamondback Energy, Inc. profitable?
Yes — FANG earned $1.66B of net income in FY2025, a 11.1% net margin, per SEC filings.
Does FANG pay a dividend?
Yes — Diamondback Energy, Inc. paid $1.16B in cash dividends during FY2025, per its SEC cash-flow statement.
Full FANG analysis — verdict, score & filings →Is FANG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.