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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |