Diamondback Energy Debt-to-Equity Ratio Growth & History (FANG)

Diamondback Energy's debt-to-equity ratio was 0.39 for fiscal 2025.

View full Diamondback Energy company overview

Diamondback Energy annual debt-to-equity ratio history

Diamondback Energy annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20252025-12-310.390.05+13.98%
20242024-12-310.34−0.06−13.92%
20232023-12-310.40−0.02−4.04%
20222022-12-310.42−0.14−24.75%
20212021-12-310.55−0.11−16.34%
20202020-12-310.660.25+62.66%
20192019-12-310.410.08+24.76%
20182018-12-310.330.04+15.90%
20172017-12-310.28−0.02−6.01%
20162016-12-310.300.04+15.03%
20152015-12-310.26−0.12−32.40%
20142014-12-310.38−0.16−29.30%
20132013-12-310.540.54+74272.50%
20122012-12-310.00

Diamondback Energy debt-to-equity ratio trends

Over the last five fiscal years, Diamondback Energy's debt-to-equity ratio decreased from 0.66 to 0.39, a change of −0.27. The latest reported quarter, Q2 2026, shows 0.33.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Diamondback Energy source filings ↗

Community posts

It’s quiet here.

No posts about FANG yet. Start the conversation.

Write the first post