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Diamondback Energy, Inc.(FANG)

F

Financial data as of Dec 31, 2025Improving · Energy

FCF Margin-4.7%Free Cash Flow / Revenue
Cash Conversion—Operating CF / Net Income
Free Cash Flow-$703.0M
Revenue$14.9B
Net Cash-$14.8BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.42Tight short-term liquidity
YoY FCF Growth+81.1%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1Current ratio below 1.0 (0.42)
→
+1Strong YoY FCF growth (81.1% YoY)
→
-0.5Highly volatile FCF (consistency: 26.34)
→
FinalF

Analysis Summary

Strengths

  • Strong YoY FCF growth (+81.1%)

Concerns

  • Negative FCF margin (-4.7%)
  • Net debt position ($14.8B)
  • Current ratio below 1.0 — tight short-term liquidity
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (59% margin) but most is reinvestedCash conversion ratio unavailable or not meaningful

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-4.7%
Net Margin11.1%
Operating CF Margin58.7%
CapEx Ratio63.4%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$14.8BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio0.42Tight liquidity
Debt / Equity0.40Low leverage

Quarterly FCF Trend

+81.1% YoYImproving (+81.1%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameDiamondback Energy, Inc.
SectorEnergy
Free Cash Flow-$703.0M
Revenue$14.9B
Net Income$1.7B
Operating Cash Flow$8.8B
Capital Expenditure$9.5B
FCF Margin-4.7%
Cash Conversion Rate—
Net Margin11.1%
Total Debt$14.9B
Total Cash$104.0M
Net Cash-$14.8B
Current Ratio0.42
Debt / Equity0.40
Debt / FCFN/A
YoY FCF Growth+81.1%
Positive Quarters4 of 5
Trend DirectionImproving
Report DateDec 31, 2025
GradeF
Data SourceYahoo Finance

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