Diamondback Energy FANG
NASDAQ FANG
$205.39 +2.76 (+1.36%)
As of: Sep 10, 2026 · 3:59 PM EDT

Diamondback Energy (FANG) Debt Ratio (2011 - 2026)

Diamondback Energy's (FANG) quarterly Debt Ratio came in at 0.18 in Q2 2026, down 14.48% on a YoY basis from 0.21 in Q2 2025, and down 9.56% quarter-over-quarter from 0.2 in Q1 2026.

Analysis

Diamondback Energy (FANG) Debt Ratio (2011 - 2026) Analysis & Trends

Diamondback Energy (FANG) has reported Debt Ratio for 16 consecutive years, with 0.18 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 14.48% year-over-year to 0.18; the trailing twelve-month figure through Jun 2026 stood at 0.18 (down 14.48% YoY), and the FY2025 full-year result was 0.2, up 5.51% from the prior year.
  • Debt Ratio declined to 0.18 in Q2 2026 per FANG's latest filing, from 0.2 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.34 in Q2 2024 and bottomed at 0.18 in Q2 2026.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.23 in 2023.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio surged 47.24% in 2024, then tumbled 37.71% in 2025.
  • Over 5 years, Debt Ratio stood at 0.24 in 2022, then slipped by 3.43% to 0.23 in 2023, then retreated by 16.6% to 0.19 in 2024, then increased by 5.51% to 0.2 in 2025, then slipped by 11.74% to 0.18 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.18, 0.2, and 0.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 0.19
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn -
3 Eog Resources 77.64 Bn 72.73 Bn - 0.14
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn 0.18
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 0.20
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 0.13
7 Permian Resources 19.87 Bn 19.61 Bn - 0.16
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn 0.19
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 0.21
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn 0.17
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.18
Mar 31, 2026 0.20
Dec 31, 2025 0.20
Sep 30, 2025 0.21
Jun 30, 2025 0.21
Mar 31, 2025 0.20
Dec 31, 2024 0.19
Sep 30, 2024 0.20
Jun 30, 2024 0.34
Mar 31, 2024 0.23
Dec 31, 2023 0.23
Sep 30, 2023 0.23
Jun 30, 2023 0.23
Mar 31, 2023 0.25
Dec 31, 2022 0.24
Sep 30, 2022 0.23
Jun 30, 2022 0.24
Mar 31, 2022 0.27
Dec 31, 2021 0.30
Sep 30, 2021 0.33