FANG financial statements
The full income statement, balance sheet, and cash-flow statement for Diamondback Energy Inc. (FANG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 15.0B+35.8% | 11.1B+31.6% | 8.41B-12.1% | 9.57B+41.8% | 6.75B+144.8% | |
| Selling, general & administrative | 288M+35.2% | 213M+42.0% | 150M+4.2% | 144M-1.4% | 146M+65.9% | |
| Operating income | 1.27B-71.2% | 4.40B-3.8% | 4.57B-29.8% | 6.51B+62.7% | 4.00B+173.1% | |
| Interest expense | 244M+80.7% | 135M-15.1% | 159M+3.2% | 154M-22.6% | 199M+1.0% | |
| Other non-operating income | 455M+350.5% | 101M+1.0% | 100M+114.5% | -690M+24.2% | -910M-783.5% | |
| Equity-method income | — | 21.0M-56.3% | 48.0M-37.7% | 77.0M+413.3% | 15.0M+250.0% | |
| Pre-tax income | 1.87B-58.4% | 4.50B+6.0% | 4.25B-25.9% | 5.74B+97.3% | 2.91B+150.3% | |
| Income tax | 327M-59.1% | 800M-12.3% | 912M-22.3% | 1.17B+86.1% | 631M+157.2% | |
| 1.66B-50.1% | 3.34B+6.2% | 3.14B-28.3% | 4.39B+101.0% | 2.18B+148.3% | ||
| Net income to non-controlling interest | -117M-132.2% | 363M+88.1% | 193M+9.7% | 176M+87.2% | 94.0M+160.6% | |
| Net income to common | 1.66B-50.1% | 3.32B+6.3% | 3.12B-28.2% | 4.34B+100.9% | 2.16B+147.8% | |
| $5.73-63.1% | $15.53-10.4% | $17.34-29.5% | $24.61+101.1% | $12.24+142.8% | ||
| EPS (basic) | $5.73-63.1% | $15.53-10.4% | $17.34-29.5% | $24.61+101.1% | $12.24+142.8% | |
| Weighted-avg shares (basic) | 289M+35.4% | 214M+18.6% | 180M+2.0% | 177M-0.1% | 177M+11.8% | |
| Weighted-avg shares (diluted) | 289M+35.4% | 214M+18.6% | 180M+2.0% | 177M-0.1% | 177M+11.8% | |
| Dividends per share | $4.00-51.7% | $8.29+3.8% | $7.99-10.8% | $8.96+412.0% | $1.75+14.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.92B-9.2% | 2.11B+30.2% | 1.62B+16.5% | 1.39B-3.7% | 1.45B+140.2% | ||
| Cash & equivalents | 104M-35.4% | 161M-72.3% | 582M+270.7% | 157M-76.0% | 654M+528.8% | |
| Accounts receivable | 1.13B-18.7% | 1.39B+112.1% | 654M+5.8% | 618M+3.3% | 598M+112.8% | |
| Inventory | 86.0M-25.9% | 116M+84.1% | 63.0M-6.0% | 67.0M+8.1% | 62.0M+87.9% | |
| Prepaid expenses | 337M+37.6% | 245M+122.7% | 110M+378.3% | 23.0M-17.9% | 28.0M+21.7% | |
| Other current assets | 7.00M+133.3% | 3.00M | — | — | — | |
| 71.1B+5.6% | 67.3B+132.0% | 29.0B+10.7% | 26.2B+14.5% | 22.9B+30.0% | ||
| Property, plant & equipment | 68.6B+6.4% | 64.5B+141.7% | 26.7B+12.3% | 23.8B+15.2% | 20.6B+27.2% | |
| Deferred tax assets | — | 173M+284.4% | 45.0M-29.7% | 64.0M+60.0% | 40.0M-45.2% | |
| Other non-current assets | 523M-26.3% | 710M+442.0% | 131M+211.9% | 42.0M-44.7% | 76.0M+68.9% | |
| 4.60B-4.4% | 4.81B+128.2% | 2.11B+22.8% | 1.72B+19.3% | 1.44B+16.3% | ||
| Accounts payable | — | 253M-3.1% | 261M+105.5% | 127M+252.8% | 36.0M-49.3% | |
| Deferred revenue | 1.40B-6.3% | 1.49B+95.2% | 764M+23.4% | 619M+36.9% | 452M+90.7% | |
| Short-term & current debt | 763M-15.2% | 900M | 0.00-100.0% | 10.0M-77.8% | 45.0M-76.4% | |
| 28.1B+2.4% | 27.4B+137.1% | 11.6B+10.0% | 10.5B+9.0% | 9.65B+23.5% | ||
| Long-term debt | 13.7B+13.7% | 12.1B+81.8% | 6.64B+6.5% | 6.24B-6.1% | 6.64B+18.1% | |
| Deferred tax liabilities | 9.14B-7.0% | 9.83B+301.2% | 2.45B+18.4% | 2.07B+54.6% | 1.34B+70.9% | |
| Other non-current liabilities | 625M-13.0% | 718M+5883.3% | 12.0M+0.0% | 12.0M-70.0% | 40.0M+471.4% | |
| 37.0B-2.0% | 37.7B+127.0% | 16.6B+10.8% | 15.0B+24.2% | 12.1B+37.5% | ||
| Additional paid-in capital | 32.2B-3.8% | 33.5B+136.9% | 14.1B-0.5% | 14.2B+0.9% | 14.1B+11.3% | |
| Retained earnings | 4.74B+11.8% | 4.24B+70.3% | 2.49B+210.7% | 801M+140.1% | -2.00B+48.3% | |
| Accumulated other comprehensive income | -7.00M-16.7% | -6.00M+25.0% | -8.00M-14.3% | -7.00M | 0.00 | |
| Non-controlling interest | 6.00B+182.0% | 2.13B+164.1% | 805M+18.2% | 681M-41.1% | 1.16B+14.6% | |
| Total equity incl. non-controlling | 43.0B+7.8% | 39.9B+128.7% | 17.4B+11.1% | 15.7B+18.5% | 13.2B+35.1% | |
| Total liabilities & equity | 71.1B+5.6% | 67.3B+132.0% | 29.0B+10.7% | 26.2B+14.5% | 22.9B+30.0% | |
| Common shares issued | 285M-2.2% | 291M+62.8% | 179M-0.6% | 180M+1.3% | 178M+12.3% | |
| Common shares outstanding | 285M-2.2% | 291M+62.8% | 179M-0.6% | 180M+1.3% | 178M+12.3% | |
| Shares outstanding (cover) | 282M-2.5% | 289M+62.2% | 178M-2.8% | 184M+3.5% | 177M+12.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.76B+36.6% | 6.41B+8.3% | 5.92B-6.4% | 6.33B+60.4% | 3.94B+86.2% | ||
| Depreciation & amortization | 5.04B+76.8% | 2.85B+63.2% | 1.75B+29.9% | 1.34B+5.4% | 1.27B-2.7% | |
| Share-based compensation | — | 65.0M+20.4% | 54.0M-1.8% | 55.0M+7.8% | 51.0M+37.8% | |
| Deferred income taxes | -519M-3560.0% | 15.0M-96.0% | 378M-47.5% | 720M+18.8% | 606M+158.2% | |
| Change in receivables | -386M-1019.0% | 42.0M-40.8% | 71.0M+51.1% | 47.0M-76.0% | 196M+190.3% | |
| Other operating activities | -430M-423.3% | 133M+1109.1% | 11.0M-87.1% | 85.0M+117.9% | 39.0M+95.0% | |
| -7.81B+30.4% | -11.2B-237.7% | -3.32B+0.2% | -3.33B-116.4% | -1.54B+26.7% | ||
| Capital expenditure | 3.52B+22.9% | 2.87B+6.1% | 2.70B+39.4% | 1.94B+33.0% | 1.46B-15.2% | |
| Free cash flow | 5.24B+47.6% | 3.55B+10.2% | 3.22B-26.6% | 4.39B+76.4% | 2.49B+523.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | — | 467M-66.8% | 1.41B+330.3% | 327M-60.1% | 820M+1201.6% | |
| Other investing activities | 18.0M+118.2% | -99.0M-718.8% | 16.0M-63.6% | 44.0M-48.2% | 85.0M+51.8% | |
| -1.01B-123.0% | 4.39B+301.6% | -2.18B+37.9% | -3.50B-90.3% | -1.84B-4875.7% | ||
| Long-term debt issued | 15.0B+173.5% | 5.50B+1275.0% | 400M-84.0% | 2.50B+13.6% | 2.20B+120.7% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 1.23B+158.8% | 476M | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00-100.0% | 959M+14.2% | 840M-23.5% | 1.10B+154.8% | 431M+339.8% | |
| Dividends paid | 1.16B-26.7% | 1.58B+9.3% | 1.44B-8.1% | 1.57B+403.8% | 312M+32.2% | |
| Other financing activities | -266M-78.5% | -149M-6.4% | -140M-102.9% | -69.0M-91.7% | -36.0M-89.5% | |
| Net change in cash | -58.0M+86.2% | -421M-200.0% | 421M+182.9% | -508M-190.1% | 564M+2920.0% | |
| Interest paid | 155M-42.4% | 269M+84.2% | 146M+8.1% | 135M-30.4% | 194M-12.2% | |
| Income taxes paid | — | -605M-71.9% | -352M+51.0% | -718M-620.3% | 138M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 42.4B-10.6% | 47.4B+70.8% | 27.8B+15.3% | 24.1B+25.8% | 19.1B+150.2% | |
| P/E | 25.5×+79.4% | 14.2×+63.3% | 8.7×+58.4% | 5.5×-37.3% | 8.8× | |
| P/S | 2.8×-34.1% | 4.3×+26.9% | 3.4×+34.2% | 2.5×-11.3% | 2.8×+2.2% | |
| P/B | 1.1×-8.7% | 1.3×-26.3% | 1.7×-2.0% | 1.7×+9.9% | 1.6×+82.0% | |
| P/FCF | 8.1×-39.4% | 13.4×+48.1% | 9.0×+61.2% | 5.6×-27.2% | 7.7×-59.9% | |
| Earnings yield | 3.9%-44.3% | 7.0%-38.7% | 11.5%-36.8% | 18.2%+59.6% | 11.4% | |
| FCF yield | 12.3%+65.1% | 7.5%-32.5% | 11.1%-38.0% | 17.8%+37.3% | 13.0%+149.1% | |
| Dividend yield | 2.7%-47.4% | 5.1%-1.8% | 5.2%-21.3% | 6.6%+303.7% | 1.6%-48.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FANG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FANG filings on SEC EDGAR → Not investment advice.
