Diamondback Energy Inc. | Large-cap | Energy
$138.04
-0.94%
| Diamondback Energy Stock Comparison:
Diamondback Energy vs ConocoPhillipsDiamondback Energy vs Canadian NaturalDiamondback Energy vs Eog ResourcesDiamondback Energy vs Occidental PetroleumDiamondback Energy vs HessDiamondback Energy vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 11.0B
Gross Profit 5.0B 45.11%
Operating Income 4.7B 42.63%
Net Income 3.7B 33.58%
EPS (Diluted) $15.53

Balance Sheet Metrics

Total Assets 67.3B
Total Liabilities 27.4B
Shareholders Equity 39.9B
Debt to Equity 0.69

Cash Flow Metrics

Operating Cash Flow 6.3B
Free Cash Flow -5.4B

Revenue & Profitability Trend

Diamondback Energy Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 11.0B 8.4B 9.6B 6.8B 2.8B
Cost of Goods Sold 6.1B 3.5B 2.9B 2.5B 2.2B
Gross Profit 5.0B 4.9B 6.8B 4.3B 637.0M
Operating Expenses 273.0M 290.0M 256.0M 241.0M 92.0M
Operating Income 4.7B 4.6B 6.5B 4.1B 545.0M
Pre-tax Income 4.5B 4.2B 5.7B 2.9B -5.8B
Income Tax 800.0M 912.0M 1.2B 631.0M -1.1B
Net Income 3.7B 3.3B 4.6B 2.3B -4.7B
EPS (Diluted) $15.53 $17.34 $24.61 $12.30 -$28.59

Income Statement Trend

Diamondback Energy Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 2.1B 1.6B 1.4B 1.4B 602.0M
Non-Current Assets 65.2B 27.4B 24.8B 21.5B 17.0B
Total Assets 67.3B 29.0B 26.2B 22.9B 17.6B
Liabilities
Current Liabilities 4.8B 2.1B 1.7B 1.4B 1.2B
Non-Current Liabilities 22.6B 9.5B 8.8B 8.2B 6.6B
Total Liabilities 27.4B 11.6B 10.5B 9.7B 7.8B
Equity
Total Shareholders Equity 39.9B 17.4B 15.7B 13.2B 9.8B

Balance Sheet Composition

Diamondback Energy Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 3.7B 3.3B 4.6B 2.3B -4.7B
Operating Cash Flow 6.3B 5.8B 6.4B 4.1B -4.2B
Investing Activities
Capital Expenditures -11.8B -4.7B -3.6B -2.3B -2.0B
Investing Cash Flow -11.2B -3.3B -3.3B -1.7B -2.1B
Financing Activities
Dividends Paid -1.6B -1.4B -1.6B -312.0M -236.0M
Financing Cash Flow 4.4B -6.8B -9.1B -2.8B -1.5B
Free Cash Flow -5.4B 1.2B 2.7B 1.7B 74.0M

Cash Flow Trend

Diamondback Energy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.26
Forward P/E 10.17
Price to Book 1.11
Price to Sales 3.54
PEG Ratio 10.17

Profitability Ratios

Profit Margin 32.35%
Operating Margin 49.92%
Return on Equity 14.67%
Return on Assets 7.14%

Financial Health

Current Ratio 0.86
Debt to Equity 33.59
Beta 1.04

Per Share Data

EPS (TTM) $16.08
Book Value per Share $133.92
Revenue per Share $50.91

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
fang 43.5B 9.26 1.11 14.67% 32.35% 33.59
ConocoPhillips 119.5B 12.00 1.83 16.66% 16.15% 36.46
Canadian Natural 70.3B 12.84 1.73 18.95% 19.76% 46.57
Eog Resources 66.6B 11.30 2.28 20.90% 25.88% 17.15
Occidental Petroleum 43.3B 17.79 1.57 9.49% 11.43% 74.03
Hess 43.8B 19.63 3.78 22.75% 18.15% 76.69

Financial data is updated regularly. All figures are in the company's reporting currency.