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 overviewDiamondback Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.39 | 0.05 | +13.98% |
| 2024 | 2024-12-31 | 0.34 | −0.06 | −13.92% |
| 2023 | 2023-12-31 | 0.40 | −0.02 | −4.04% |
| 2022 | 2022-12-31 | 0.42 | −0.14 | −24.75% |
| 2021 | 2021-12-31 | 0.55 | −0.11 | −16.34% |
| 2020 | 2020-12-31 | 0.66 | 0.25 | +62.66% |
| 2019 | 2019-12-31 | 0.41 | 0.08 | +24.76% |
| 2018 | 2018-12-31 | 0.33 | 0.04 | +15.90% |
| 2017 | 2017-12-31 | 0.28 | −0.02 | −6.01% |
| 2016 | 2016-12-31 | 0.30 | 0.04 | +15.03% |
| 2015 | 2015-12-31 | 0.26 | −0.12 | −32.40% |
| 2014 | 2014-12-31 | 0.38 | −0.16 | −29.30% |
| 2013 | 2013-12-31 | 0.54 | 0.54 | +74272.50% |
| 2012 | 2012-12-31 | 0.00 | — | — |
Diamondback Energy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.33 | −0.06 | −14.49% |
| Q1 2026 | 2026-03-31 | 0.38 | 0.02 | +5.39% |
| Q4 2025 | 2025-12-31 | 0.39 | 0.05 | +13.98% |
| Q3 2025 | 2025-09-30 | 0.42 | 0.07 | +20.35% |
| Q2 2025 | 2025-06-30 | 0.39 | −0.30 | −43.31% |
| Q1 2025 | 2025-03-31 | 0.36 | −0.03 | −7.55% |
| Q4 2024 | 2024-12-31 | 0.34 | −0.06 | −13.92% |
| Q3 2024 | 2024-09-30 | 0.35 | −0.04 | −9.78% |
| Q2 2024 | 2024-06-30 | 0.69 | 0.27 | +63.22% |
| Q1 2024 | 2024-03-31 | 0.39 | −0.06 | −13.11% |
| Q4 2023 | 2023-12-31 | 0.40 | −0.02 | −4.04% |
| Q3 2023 | 2023-09-30 | 0.38 | −0.00 | −1.11% |
| Q2 2023 | 2023-06-30 | 0.42 | 0.01 | +2.67% |
| Q1 2023 | 2023-03-31 | 0.45 | −0.01 | −1.93% |
| Q4 2022 | 2022-12-31 | 0.42 | −0.14 | −24.75% |
| Q3 2022 | 2022-09-30 | 0.39 | −0.22 | −36.02% |
| Q2 2022 | 2022-06-30 | 0.41 | −0.26 | −39.17% |
| Q1 2022 | 2022-03-31 | 0.46 | −0.26 | −36.02% |
| Q4 2021 | 2021-12-31 | 0.55 | −0.11 | −16.34% |
| Q3 2021 | 2021-09-30 | 0.60 | −0.01 | −1.41% |
| Q2 2021 | 2021-06-30 | 0.67 | 0.12 | +20.93% |
| Q1 2021 | 2021-03-31 | 0.72 | 0.27 | +61.55% |
| Q4 2020 | 2020-12-31 | 0.66 | 0.25 | +62.66% |
| Q3 2020 | 2020-09-30 | 0.61 | 0.27 | +80.32% |
| Q2 2020 | 2020-06-30 | 0.56 | 0.24 | +73.54% |
| Q1 2020 | 2020-03-31 | 0.44 | 0.10 | +30.23% |
| Q4 2019 | 2019-12-31 | 0.41 | 0.08 | +24.76% |
| Q3 2019 | 2019-09-30 | 0.34 | −0.05 | −13.45% |
| Q2 2019 | 2019-06-30 | 0.32 | −0.03 | −8.11% |
| Q1 2019 | 2019-03-31 | 0.34 | 0.03 | +8.52% |
| Q4 2018 | 2018-12-31 | 0.33 | 0.04 | +15.90% |
| Q3 2018 | 2018-09-30 | 0.39 | 0.14 | +53.26% |
| Q2 2018 | 2018-06-30 | 0.35 | 0.11 | +46.14% |
| Q1 2018 | 2018-03-31 | 0.31 | 0.10 | +48.26% |
| Q4 2017 | 2017-12-31 | 0.28 | −0.02 | −6.01% |
| Q3 2017 | 2017-09-30 | 0.26 | 0.06 | +29.57% |
| Q2 2017 | 2017-06-30 | 0.24 | −0.01 | −5.28% |
| Q1 2017 | 2017-03-31 | 0.21 | −0.02 | −8.02% |
| Q4 2016 | 2016-12-31 | 0.30 | 0.04 | +15.03% |
| Q3 2016 | 2016-09-30 | 0.20 | −0.04 | −16.76% |
| Q2 2016 | 2016-06-30 | 0.25 | −0.10 | −29.35% |
| Q1 2016 | 2016-03-31 | 0.23 | −0.09 | −29.06% |
| Q4 2015 | 2015-12-31 | 0.26 | −0.12 | −32.40% |
| Q3 2015 | 2015-09-30 | 0.24 | −0.12 | −33.44% |
| Q2 2015 | 2015-06-30 | 0.36 | −0.09 | −19.71% |
| Q1 2015 | 2015-03-31 | 0.32 | −0.22 | −40.09% |
| Q4 2014 | 2014-12-31 | 0.38 | −0.16 | −29.30% |
| Q3 2014 | 2014-09-30 | 0.36 | −0.19 | −34.68% |
| Q2 2014 | 2014-06-30 | 0.44 | — | — |
| Q1 2014 | 2014-03-31 | 0.54 | — | — |
| Q4 2013 | 2013-12-31 | 0.54 | 0.54 | +74272.50% |
| Q3 2013 | 2013-09-30 | 0.55 | — | — |
| Q4 2012 | 2012-12-31 | 0.00 | — | — |
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.
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.
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.
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