Diamondback Energy (FANG) Debt to Equity (2011 - 2026)

Diamondback Energy (FANG) recorded quarterly Debt to Equity of $0.38 in Q1 2026, down 2.77% on a QoQ basis from $0.39 in Q4 2025, and up 14.35% year-over-year from $0.33 in Q1 2025.

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

Diamondback Energy has disclosed Debt to Equity across 16 years of filings, most recently posting $0.38 for Q1 2026.

  • Quarterly Debt to Equity rose 14.35% year-over-year to $0.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.38 (up 14.35% YoY) and the FY2025 annual result came in at $0.39, up 28.91% from the prior year.
  • Debt to Equity fell to $0.38 in Q1 2026, from $0.39 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.65 in Q2 2024 and troughed at $0.3 in Q4 2024.
  • A 5-year average of $0.39 and a median of $0.38 in 2026 frame the typical range for Debt to Equity.
  • Annual changes were most pronounced in 2024 — Debt to Equity soared 58.33% — and 2025, when it slumped 45.67%.
  • Tracing FANG's Debt to Equity over 5 years: stood at $0.4 in 2022, then decreased by 3.08% to $0.39 in 2023, then declined by 21.23% to $0.3 in 2024, then grew by 28.91% to $0.39 in 2025, then dropped by 2.77% to $0.38 in 2026.
  • Business Quant data shows FANG's Debt to Equity at $0.38 in Q1 2026, $0.39 in Q4 2025, and $0.41 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.39
Sep 30, 2025 0.41
Jun 30, 2025 0.35
Mar 31, 2025 0.33
Dec 31, 2024 0.30
Sep 30, 2024 0.31
Jun 30, 2024 0.65
Mar 31, 2024 0.37
Dec 31, 2023 0.39
Sep 30, 2023 0.37
Jun 30, 2023 0.41
Mar 31, 2023 0.43
Dec 31, 2022 0.40
Sep 30, 2022 0.37
Jun 30, 2022 0.38
Mar 31, 2022 0.42
Dec 31, 2021 0.51
Sep 30, 2021 0.61
Jun 30, 2021 0.62