DIAMONDBACK ENERGY, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 13,726 | 27.1 |
| Stockholders' equity | 36,972 | 72.9 |
| Total capitalization | 50,698 | 100.0 |
280,024,353 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 5 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 13,726 |
| Long-term debt, noncurrent | 13,726 |
| Current maturities | 763 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 800,000,000 |
| Common shares issued | 284,594,908 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 7/31/26 | 280,024,353 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 4.00 | 69.8 |
| 2024 | 8.29 | 53.4 |
| 2023 | 7.99 | 46.1 |
| 2022 | 11.31 | 46.0 |
| 2021 | 1.95 | 15.9 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 1311, Crude Petroleum & Natural Gas. Large accelerated filer. Principal executive office: 500 West Texas Avenue, Suite 100, Midland, TX 79701. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 15,026 | 11,066 | 8,412 |
| Selling, general and administrative | 288 | 213 | 150 |
| Depreciation and amortization | 5,038 | 2,850 | 1,746 |
| Operating income | 1,266 | 4,396 | 4,570 |
| Interest expense | 244 | 135 | 159 |
| Income before income taxes | 1,874 | 4,501 | 4,248 |
| Income taxes | 327 | 800 | 912 |
| Net income | 1,664 | 3,338 | 3,143 |
| Earned per share, diluted ($) | 5.73 | 15.53 | 17.34 |
| Dividends per share ($) | 4.00 | 8.29 | 7.99 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 104 | 161 |
| Receivables, net | 1,128 | 1,387 |
| Inventories | 86 | 116 |
| Total current assets | 1,915 | 2,110 |
| Property, plant and equipment, net | 68,621 | 64,472 |
| Total assets | 71,059 | 67,292 |
| Total current liabilities | 4,600 | 4,811 |
| Long-term debt | 13,726 | 12,075 |
| Total liabilities | 28,092 | 27,430 |
| Stockholders' equity | 36,972 | 37,736 |
| Total liabilities and equity | 71,059 | 67,292 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 15,026 | 1,266 | 1,664 | 11.1 | 5.73 | 4.00 | 8,758 | – | – | 71,059 | 28,092 | 13,726 | 36,972 | 4.5 | 0.37 |
| 12/31/24 | 11,066 | 4,396 | 3,338 | 30.2 | 15.53 | 8.29 | 6,413 | – | – | 67,292 | 27,430 | 12,075 | 37,736 | 8.8 | 0.32 |
| 12/31/23 | 8,412 | 4,570 | 3,143 | 37.4 | 17.34 | 7.99 | 5,920 | – | – | 29,001 | 11,571 | 6,641 | 16,625 | 18.9 | 0.40 |
| 12/31/22 | 9,643 | 6,508 | 4,386 | 45.5 | 24.61 | 11.31 | 6,325 | – | – | 26,209 | 10,519 | 6,238 | 15,009 | 29.2 | 0.42 |
| 12/31/21 | 6,797 | 4,001 | 2,182 | 32.1 | 12.24 | 1.95 | 3,944 | – | – | 22,898 | 9,653 | 6,642 | 12,088 | 18.1 | 0.55 |
| 12/31/20 | 2,813 | (5,476) | (4,517) | -160.6 | (28.61) | 1.52 | 2,118 | – | – | 17,619 | 7,815 | 5,624 | 8,794 | -51.4 | 0.64 |
| 12/31/19 | 3,964 | 695 | 240 | 6.1 | 1.47 | 0.94 | 2,739 | – | – | 23,531 | 8,625 | 5,371 | 13,249 | 1.8 | 0.41 |
| 12/31/18 | 2,176 | 1,011 | 846 | 38.9 | 8.06 | 0.50 | 1,565 | – | – | 21,596 | 7,429 | 4,464 | 13,700 | 6.2 | 0.33 |
| 12/31/17 | 1,205 | 605 | 482 | 40.0 | 4.94 | 0.00 | 889 | – | – | 7,771 | 2,189 | 1,477 | 5,255 | 9.2 | 0.28 |
| 12/31/16 | 527 | (69) | (165) | -31.3 | (2.20) | – | 332 | – | – | 5,350 | 1,331 | 1,106 | 3,697 | -4.5 | 0.30 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Diamondback Energy, Inc.
CIK 1539838 · EIN 00-0000000
PRINCIPAL OFFICE:
500 West Texas Avenue, Suite 100, Midland, TX 79701
Tel.: 432-221-7400
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
1311 · Crude Petroleum & Natural Gas
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 25 February 2026
FORMER NAMES:
Diamondback Energy, Inc.
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/25/26) · 10-K FY2024 (filed 2/26/25) · 10-K FY2023 (filed 2/22/24) · 10-K FY2022 (filed 2/23/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/25/21) · 10-K FY2019 (filed 2/27/20) · 10-K FY2018 (filed 2/25/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.