Diamondback Energy (FANG) Return on Assets [ROA] (2012 - 2026)
Diamondback Energy's Return on Assets [ROA] came in at 2.16% for Q2 2026, down 3.79 percentage points from 5.95% a year earlier but up 1.88 percentage points from the prior quarter.
Diamondback Energy (FANG) Return on Assets [ROA] (2012 - 2026) Analysis & Trends
For FY2025, Diamondback Energy's Return on Assets [ROA] was 2.24%, down 5.45 percentage points from FY2024.
- Return on Assets [ROA] has declined in each of the last three years, though with a five-year change of +24.94 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 7.69% in FY2024 (-4.40 pp), 12.08% in FY2023 (-6.50 pp), 18.58% in FY2022 (+7.35 pp) and 11.23% in FY2021 (+33.94 pp).
- The five-year range for quarterly Return on Assets [ROA] is 0.28% (Q1 2026) to 19.39% (Q3 2022).
- Year-over-year, Return on Assets [ROA] has declined for 13 consecutive quarters, with an average year-over-year change of -4.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 35.68 percentage points), and the weakest in Q3 2023 (a drop of 7.64 percentage points).
- Business Quant data shows FANG's Return on Assets [ROA] at 0.28% (Q1 2026), 2.10% (Q4 2025) and 6.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 8.98% |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 8.25% |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 4.18% |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 3.48% |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 5.60% |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 7.52% |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 834.81% |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 15.10% |
| 10 | Diamondback Energy | 50.12 Bn | 48.82 Bn | - | 3.10% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.10% |
| Jun 30, 2026 | 2.16% |
| Mar 31, 2026 | 0.28% |
| Dec 31, 2025 | 2.10% |
| Sep 30, 2025 | 6.21% |
| Jun 30, 2025 | 5.95% |
| Mar 31, 2025 | 6.38% |
| Dec 31, 2024 | 5.56% |
| Sep 30, 2024 | 6.75% |
| Jun 30, 2024 | 11.35% |
| Mar 31, 2024 | 11.58% |
| Dec 31, 2023 | 11.70% |
| Sep 30, 2023 | 11.75% |
| Jun 30, 2023 | 12.83% |
| Mar 31, 2023 | 16.75% |
| Dec 31, 2022 | 18.23% |
| Sep 30, 2022 | 19.39% |
| Jun 30, 2022 | 17.05% |
| Mar 31, 2022 | 12.36% |
| Dec 31, 2021 | 10.00% |
Diamondback Energy Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=FANG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();