Diamondback Energy, Inc. (FANG) Stock Analysis

Diamondback Energy, Inc. (FANG) Stock Analysis

Analysis from 10-Q filed 2025-11-05. Data as of Q4 2025.

Overall Grade: F (Concerning)

Diamondback Energy, Inc. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 1.6% Below expectations
FCF Margin 58.3% Strong cash generation
Debt/Equity 0.4x Conservative leverage

Investment Thesis: Healthy free cash flow margin of 58.3% provides financial flexibility for growth and shareholder returns.

Explore Diamondback Energy, Inc.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: Diamondback Energy, Inc. earns 1.6% ROIC, Bottom 50% in Energy

Diamondback Energy, Inc.'s trailing-twelve-month ROIC of 1.6% ranks Bottom 50% in Energy companies (sector median: 6.9%), driven by NOPAT margin of 7.0% combined with asset turnover of 0.2x. Source: 10-Q filed 2025-11-05.

Metric FANG Rating Context
Return on Invested Capital (ROIC) 1.6% Red flag Below sector median of 6.9%
Return on Equity (ROE) 4.3% Warning Moderate equity returns
Operating Margin 8.4% Adequate Moderate operational efficiency

Cash Flow: Diamondback Energy, Inc. generates $8.8B FCF at 58.3% margin, positive NaN/8 quarters

Diamondback Energy, Inc. generated $8.8B in free cash flow (TTM), a 58.3% FCF margin, a margin that ranks Top 25% in Energy. Operating cash flow exceeds net income by 5.3x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-05.

Metric FANG Rating Context
Free Cash Flow Margin 58.3% Excellent Excellent cash conversion
Free Cash Flow (TTM) $8.8B Good Positive cash generation
OCF/Net Income 5.3x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: Diamondback Energy, Inc. at 0.4x leverage

Diamondback Energy, Inc.'s debt-to-equity ratio of 0.4x reflects moderate leverage. Total debt of $14.5B offset by $106.0M in cash. Source: 10-Q filed 2025-11-05.

Metric FANG Rating Context
Debt to Equity 0.4x Good Conservative capital structure
Net Cash Position $-14.4B Warning Net debt position

Valuation: Diamondback Energy, Inc. trades at 26.2x earnings

Diamondback Energy, Inc. trades at a P/E of 26.2x. Free cash flow yield of 20.2% offers attractive cash returns relative to price.

Metric FANG Rating Context
P/E Ratio 26.2x Adequate Premium valuation
EV/Sales 3.8x Good Growth premium priced in
FCF Yield 20.2% Excellent Attractive cash return
Dividend Yield 2.7% Adequate Growth focus over income

Capital Allocation: Diamondback Energy, Inc. returns 3.4% shareholder yield

Diamondback Energy, Inc.'s total shareholder yield is 3.4% (dividends 2.7% + buybacks 0.7%). Source: 10-Q filed 2025-11-05.

Metric FANG Rating Context
Total Shareholder Yield 3.4% Good Dividend + buyback yield combined
Buyback Yield 0.7% Adequate Minimal buyback activity
Total Capital Returned (TTM) $1.5B Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 1.6% Bottom 50% 0.2x below
Free Cash Flow Margin 58.3% Top 25% 6.6x above
Operating Margin 8.4% Bottom 50% 0.9x below
Return on Equity (ROE) 4.3% Bottom 50% 0.5x below
P/E Ratio 26.2x N/A -

Financial Scorecard

Metric FANG Rating Sector Context
Return on Invested Capital (ROIC) 1.6% Red flag Bottom 50% of sector (median: 6.9%)
Free Cash Flow Margin 58.3% Excellent Top 25% of sector (median: 8.8%)
Debt to Equity Ratio 39.2% Good Moderate leverage
P/E Ratio (Price-to-Earnings) 26.2x Adequate Growth premium
Free Cash Flow Yield 20.2% Excellent High cash return

Frequently Asked Questions

Q: What is Diamondback Energy, Inc.'s Return on Invested Capital (ROIC)?

Diamondback Energy, Inc. (FANG) has a trailing twelve-month Return on Invested Capital (ROIC) of 1.6%. This compares below the sector median of 6.9%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is Diamondback Energy, Inc.'s Free Cash Flow Margin?

Diamondback Energy, Inc. (FANG) has a free cash flow margin of 58.3%, generating $8.8 billion in free cash flow over the trailing twelve months. A FCF margin above 20% indicates excellent cash conversion and a high-quality business model.

Q: Is Diamondback Energy, Inc. stock overvalued or undervalued?

Diamondback Energy, Inc. (FANG) trades at a P/E ratio of 26.2x, which is above the sector median of N/A. The EV/Sales multiple is 3.8x. Free cash flow yield is 20.2%, which represents an attractive cash return to investors.

Q: Does Diamondback Energy, Inc. pay a dividend?

Diamondback Energy, Inc. (FANG) currently pays a dividend yield of 2.7%. Including share buybacks, the total shareholder yield is 3.4%. This yield is moderate, suggesting a balance between income and growth reinvestment.

Q: What is Diamondback Energy, Inc.'s revenue and earnings growth?

Diamondback Energy, Inc. (FANG) grew revenue by 35.8% year-over-year. Earnings per share decreased by 63.3% compared to the prior year. Double-digit revenue growth indicates strong demand and market share gains.

Q: Is Diamondback Energy, Inc. buying back stock?

Diamondback Energy, Inc. (FANG) repurchased $305.0 million of stock over the trailing twelve months. This represents a buyback yield of 0.7%.

Q: How does Diamondback Energy, Inc. compare to competitors in Energy?

Compared to other companies in Energy, Diamondback Energy, Inc. (FANG) shows: ROIC of 1.6% is below the sector median of 6.9% (Bottom 29%). FCF margin of 58.3% exceeds the sector median of 8.8% (Top 14% of sector). These rankings are based on MetricDuck's analysis of all Energy companies with available SEC filings.

Q: What warning signs should I watch for with Diamondback Energy, Inc.?

Investors in Diamondback Energy, Inc. (FANG) should monitor these potential warning signs: 1) ROIC has been declining, potentially signaling deteriorating competitive position. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-05. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.