Diamondback Energy Free Cash Flow (FCF) History (FANG)
Diamondback Energy reported $5.24B in free cash flow for fiscal 2025, an increase of 47.63% from the previous fiscal year, with a free cash flow margin of 34.84%.
View full Diamondback Energy company overviewDiamondback Energy free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.24B | $1.69B | +47.63% | +34.84% |
| 2024 | 2024-12-31 | $3.55B | $446.0M | +14.39% | +32.04% |
| 2023 | 2023-12-31 | $3.10B | −$1.20B | −27.96% | +36.85% |
| 2022 | 2022-12-31 | $4.30B | $1.85B | +75.13% | +44.98% |
| 2021 | 2021-12-31 | $2.46B | $2.20B | +848.65% | +36.42% |
| 2020 | 2020-12-31 | $259.0M | $446.0M | — | +9.40% |
| 2019 | 2019-12-31 | −$187.0M | −$182.0M | — | −4.81% |
| 2018 | 2018-12-31 | −$5.0M | −$66.0M | — | −0.23% |
| 2017 | 2017-12-31 | $61.0M | $102.4M | — | +5.06% |
| 2016 | 2016-12-31 | −$41.4M | −$37.5M | — | −7.86% |
| 2015 | 2015-12-31 | −$4.0M | $180.1M | — | — |
| 2014 | 2014-12-31 | −$184.0M | −$53.6M | — | — |
| 2013 | 2013-12-31 | −$130.4M | −$88.6M | — | — |
| 2012 | 2012-12-31 | −$41.8M | −$7.6M | — | — |
| 2011 | 2011-12-31 | −$34.2M | $9.3M | — | — |
| 2010 | 2010-12-31 | −$43.5M | — | — | — |
Diamondback Energy quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.59B | $1.78B | +218.94% | +46.62% |
| Q1 2026 | 2026-03-31 | $895.0M | −$518.0M | −36.66% | +21.11% |
| Q4 2025 | 2025-12-31 | $1.40B | −$13.0M | −0.92% | +41.47% |
| Q3 2025 | 2025-09-30 | $1.61B | $1.09B | +208.83% | +41.00% |
| Q2 2025 | 2025-06-30 | $813.0M | −$78.0M | −8.75% | +22.10% |
| Q1 2025 | 2025-03-31 | $1.41B | $692.0M | +95.98% | +34.91% |
| Q4 2024 | 2024-12-31 | $1.41B | $453.0M | +47.19% | +38.08% |
| Q3 2024 | 2024-09-30 | $521.0M | −$49.0M | −8.60% | +19.70% |
| Q2 2024 | 2024-06-30 | $891.0M | $89.0M | +11.10% | +35.88% |
| Q1 2024 | 2024-03-31 | $721.0M | −$47.0M | −6.12% | +32.38% |
| Q4 2023 | 2023-12-31 | $960.0M | $145.0M | +17.79% | +42.22% |
| Q3 2023 | 2023-09-30 | $570.0M | −$864.0M | −60.25% | +24.36% |
| Q2 2023 | 2023-06-30 | $802.0M | −$437.0M | −35.27% | +42.30% |
| Q1 2023 | 2023-03-31 | $768.0M | −$47.0M | −5.77% | +40.38% |
| Q4 2022 | 2022-12-31 | $815.0M | $82.0M | +11.19% | +40.59% |
| Q3 2022 | 2022-09-30 | $1.43B | $626.0M | +77.48% | +59.33% |
| Q2 2022 | 2022-06-30 | $1.24B | $651.0M | +110.71% | +45.02% |
| Q1 2022 | 2022-03-31 | $815.0M | $487.0M | +148.48% | +34.11% |
| Q4 2021 | 2021-12-31 | $733.0M | $551.0M | +302.75% | +36.45% |
| Q3 2021 | 2021-09-30 | $808.0M | $627.0M | +346.41% | +42.59% |
| Q2 2021 | 2021-06-30 | $588.0M | $802.0M | — | +35.27% |
| Q1 2021 | 2021-03-31 | $328.0M | $218.0M | +198.18% | +27.99% |
| Q4 2020 | 2020-12-31 | $182.0M | $144.0M | +378.95% | +24.14% |
| Q3 2020 | 2020-09-30 | $181.0M | $176.0M | +3520.00% | +25.60% |
| Q2 2020 | 2020-06-30 | −$214.0M | −$202.0M | — | −51.94% |
| Q1 2020 | 2020-03-31 | $110.0M | $328.0M | — | +12.46% |
| Q4 2019 | 2019-12-31 | $38.0M | $162.7M | — | +3.56% |
| Q3 2019 | 2019-09-30 | $5.0M | −$63.7M | −92.72% | +0.52% |
| Q2 2019 | 2019-06-30 | −$12.0M | −$44.0M | — | −1.20% |
| Q1 2019 | 2019-03-31 | −$218.0M | −$237.0M | — | −25.23% |
| Q4 2018 | 2018-12-31 | −$124.7M | −$123.2M | — | −21.28% |
| Q3 2018 | 2018-09-30 | $68.7M | $90.6M | — | +12.77% |
| Q2 2018 | 2018-06-30 | $32.0M | −$4.6M | −12.61% | +6.07% |
| Q1 2018 | 2018-03-31 | $19.0M | −$28.8M | −60.23% | +3.97% |
| Q4 2017 | 2017-12-31 | −$1.5M | $13.7M | — | — |
| Q3 2017 | 2017-09-30 | −$21.9M | −$24.3M | — | −7.27% |
| Q2 2017 | 2017-06-30 | $36.6M | $50.7M | — | +13.59% |
| Q1 2017 | 2017-03-31 | $47.8M | $62.3M | — | — |
| Q4 2016 | 2016-12-31 | −$15.2M | $929,000 | — | — |
| Q3 2016 | 2016-09-30 | $2.4M | −$52.9M | −95.70% | — |
| Q2 2016 | 2016-06-30 | −$14.1M | −$16.4M | — | — |
| Q1 2016 | 2016-03-31 | −$14.6M | $30.9M | — | — |
| Q4 2015 | 2015-12-31 | −$16.1M | $66.3M | — | — |
| Q3 2015 | 2015-09-30 | $55.3M | $107.8M | — | — |
| Q2 2015 | 2015-06-30 | $2.3M | $37.6M | — | — |
| Q1 2015 | 2015-03-31 | −$45.4M | −$31.5M | — | — |
| Q4 2014 | 2014-12-31 | −$82.4M | −$53.5M | — | — |
| Q3 2014 | 2014-09-30 | −$52.5M | −$5.6M | — | — |
| Q2 2014 | 2014-06-30 | −$35.3M | −$14.2M | — | — |
| Q1 2014 | 2014-03-31 | −$13.9M | $19.7M | — | — |
| Q4 2013 | 2013-12-31 | −$28.9M | −$27.6M | — | — |
| Q3 2013 | 2013-09-30 | −$46.9M | $11.0M | — | — |
| Q2 2013 | 2013-06-30 | −$21.1M | −$22.1M | — | — |
| Q1 2013 | 2013-03-31 | −$33.5M | −$49.9M | — | — |
| Q4 2012 | 2012-12-31 | −$1.3M | — | — | — |
| Q3 2012 | 2012-09-30 | −$57.9M | — | — | — |
| Q2 2012 | 2012-06-30 | $1.1M | — | — | — |
| Q1 2012 | 2012-03-31 | $16.3M | — | — | — |
Diamondback Energy free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $259.0M to $5.24B, a compound annual growth rate of 82.44%. Diamondback Energy's latest reported quarter, Q2 2026, generated $2.59B in free cash flow, an increase of 218.94% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Diamondback Energy filings at SEC.gov ↗