Energy · Oil & Gas Exploration & Production
Diamondback Energy: revenue, profit and dividends
In fiscal 2025, Diamondback Energy had revenue of $15B, up 39.8% a year on average since 2020, and net income of $1.66B (11.1% of revenue). It paid a dividend of $4.00 a share. It has 359% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2020 · +35.8% vs 2024
- Ticker
- FANG · Nasdaq
- Sector
- Energy
- Sub-industry
- Oil & Gas Exploration & Production
- Headquarters
- Midland, Texas
- Founded
- 2007
- In the S&P 500 since
- December 3, 2018
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Diamondback Energy, Inc. · CIK 0001539838
Revenue and net income
Revenue went from $527M in 2016 to $15B in 2025. Net loss in 2011–2012, 2015–2016, 2020.
Diluted earnings per share
Diluted EPS went from $1.29 in 2013 to $5.73 in 2025.
Dividends per share
Not raised in 2025.
Shares outstanding
358.7% more shares in 2025 than in 2015 (63M → 289M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $2.82B in 2025, 18.8% of revenue. Negative in 2010, 2013–2017, 2024.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $15B | $1.66B | 11.1% | $5.73 | $4.00 | 289M | $8.76B | $5.94B | $2.82B |
| 2024 | $11.1B | $3.34B | 30.2% | $15.53 | $8.29 | 214M | $6.41B | $8.92B | −$2.51B |
| 2023 | $8.41B | $3.14B | 37.4% | $17.34 | $7.99 | 180M | $5.92B | $2.01B | $3.91B |
| 2022 | $9.64B | $4.39B | 45.5% | $24.61 | $8.96 | 177M | $6.33B | $1.68B | $4.65B |
| 2021 | $6.8B | $2.18B | 32.1% | $12.24 | $1.75 | 177M | $3.94B | $787M | $3.16B |
| 2020 | $2.81B | −$4.52B | −160.6% | −$28.61 | — | 158M | $2.12B | $198M | $1.92B |
| 2019 | $3.96B | $240M | 6.1% | $1.47 | — | 164M | $2.74B | $776M | $1.96B |
| 2018 | $2.18B | $846M | 38.9% | $8.06 | — | 105M | $1.56B | $1.37B | $194M |
| 2017 | $1.21B | $482M | 40.0% | $4.94 | — | 97.7M | $889M | $1.96B | −$1.07B |
| 2016 | $527M | −$165M | −31.3% | −$2.20 | — | 75.1M | $332M | $611M | −$279M |
| 2015 | — | −$551M | — | −$8.74 | — | 63M | $417M | $437M | −$21M |
| 2014 | — | $194M | — | $3.64 | — | 53.3M | $356M | $846M | −$489M |
| 2013 | — | $54.6M | — | $1.29 | — | 42.3M | $156M | $177M | −$21.6M |
| 2012 | — | −$36.5M | — | — | — | — | $49.7M | $11.7M | $38M |
| 2011 | — | −$386K | — | — | — | — | $31M | $0 | $31M |
| 2010 | — | $8.23M | — | — | — | — | $5.19M | $7.62M | −$2.43M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Oil & Gas Exploration & Production companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.