Diamondback Energy debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$12,614M

Cash & equivalents

USD millions

$462M

Net debt

USD millions

$12,152M

Debt / equity

0.29×

Debt / assets

17.96%

Net debt / EBITDA

× · TTM

1.92×

Debt / FCF

× · TTM

—

The reported inputs required for this metric are unavailable in the extracted statements for this period.

Interest coverage

× · TTM

—

Current ratio

0.47×

Diluted shares

Million shares

281.2M shares

Basic shares

Million shares

281.2M shares

Share count growth

-3.74%

Share repurchases

USD millions

—

Quarterly data

Diamondback Energy capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	12,614	462	12,152	0.29×	17.96%	1.92×	—	—	0.47×	281.2	281.2	-3.74%	—
FY 2026 Q1	Mar 31, 2026	13,898	174	13,724	0.33×	19.83%	2.78×	—	—	0.56×	282.79	282.79	-2.35%	—
FY 2025 Q4	Dec 31, 2025	14,489	104	14,385	0.34×	20.39%	2.28×	—	5.19×	0.42×	285.79	285.79	-2.08%	—
FY 2025 Q3	Sep 30, 2025	16,242	159	16,083	0.36×	21.31%	1.57×	—	—	0.62×	288.83	288.83	41.08%	603
FY 2025 Q2	Jun 30, 2025	15,133	219	14,914	0.35×	21.04%	1.62×	—	—	0.55×	292.14	292.14	63.79%	398
FY 2025 Q1	Mar 31, 2025	13,910	1,816	12,094	0.33×	19.85%	1.43×	—	—	0.86×	289.61	289.61	62.27%	575
FY 2024 Q4	Dec 31, 2024	12,975	161	12,814	0.33×	19.28%	1.77×	—	32.56×	0.44×	291.85	291.85	63.22%	402
FY 2024 Q3	Sep 30, 2024	12,923	370	12,553	0.33×	19.66%	1.98×	—	—	0.45×	204.73	204.73	14.46%	515
FY 2024 Q2	Jun 30, 2024	11,980	6,908	5,072	0.65×	33.62%	0.76×	—	—	3.66×	178.36	178.36	-1.12%	0
FY 2024 Q1	Mar 31, 2024	6,629	896	5,733	0.37×	22.33%	0.89×	—	—	0.92×	178.48	178.48	-1.93%	42
FY 2023 Q4	Dec 31, 2023	6,641	582	6,059	0.38×	22.9%	0.96×	—	26.11×	0.77×	178.81	178.81	0.66%	131
FY 2023 Q3	Sep 30, 2023	6,230	827	5,403	0.37×	22.21%	0.86×	—	—	0.89×	178.87	178.87	2.56%	56
FY 2023 Q2	Jun 30, 2023	6,543	18	6,525	0.4×	23.72%	1.01×	—	—	0.43×	180.37	180.37	2.15%	321
FY 2023 Q1	Mar 31, 2023	6,960	46	6,914	0.43×	25.23%	0.95×	—	—	0.62×	181.99	181.99	2.49%	332
FY 2022 Q4	Dec 31, 2022	6,248	157	6,091	0.4×	23.84%	0.78×	—	40.93×	0.81×	177.63	177.64	-1.39%	316
FY 2022 Q3	Sep 30, 2022	5,357	27	5,330	0.37×	22.47%	0.68×	—	—	0.61×	174.41	174.41	-3.66%	472
FY 2022 Q2	Jun 30, 2022	5,456	43	5,413	0.38×	23.27%	0.73×	—	—	0.73×	176.88	176.57	-2.45%	303
FY 2022 Q1	Mar 31, 2022	5,848	149	5,699	0.42×	25.07%	0.89×	—	—	0.72×	178.56	177.57	8.16%	7
FY 2021 Q4	Dec 31, 2021	6,687	654	6,033	0.5×	29.2%	1.14×	—	20.11×	1.01×	179.75	180.14	14.05%	409
FY 2021 Q3	Sep 30, 2021	6,945	457	6,488	0.56×	30.68%	2.05×	—	—	0.73×	182.15	181.03	14.7%	22
FY 2021 Q2	Jun 30, 2021	7,360	344	7,016	0.62×	32.95%	10.14×	—	—	0.58×	181.97	181.01	14.69%	0
FY 2021 Q1	Mar 31, 2021	7,656	121	7,535	0.66×	34.81%	—	—	—	0.46×	164.93	164.17	3.71%	0
FY 2020 Q4	Dec 31, 2020	5,815	104	5,711	0.59×	33%	—	—	-27.8×	0.49×	157.95	157.95	-2.37%	0
FY 2020 Q3	Sep 30, 2020	5,847	92	5,755	0.55×	31.17%	—	—	—	0.45×	157.83	157.83	-2.9%	0
FY 2020 Q2	Jun 30, 2020	5,952	51	5,901	0.5×	29.27%	—	—	—	0.62×	157.83	157.83	-4.25%	0
FY 2020 Q1	Mar 31, 2020	5,677	149	5,528	0.4×	24.28%	5×	—	—	0.95×	158.49	158.29	-3.98%	98
FY 2019 Q4	Dec 31, 2019	5,371	123	5,248	0.36×	22.83%	2.45×	—	4.02×	0.69×	161.99	161.78	32.08%	193
FY 2019 Q3	Sep 30, 2019	4,761	100	4,661	0.31×	20.21%	1.83×	—	—	0.72×	162.78	162.54	64.79%	296
FY 2019 Q2	Jun 30, 2019	4,472	326	4,146	0.29×	19.3%	1.84×	—	—	0.82×	165.02	164.84	67.16%	104
FY 2019 Q1	Mar 31, 2019	4,670	126	4,544	0.32×	20.97%	2.4×	—	—	0.62×	165.06	164.85	67.27%	0
FY 2018 Q4	Dec 31, 2018	4,464.34	214.52	4,249.82	0.32×	20.67%	2.6×	—	11.51×	0.91×	123.06	122.48	22.08%	0
FY 2018 Q3	Sep 30, 2018	2,332.36	508.45	1,823.91	0.36×	23.78%	1.2×	—	—	1.1×	98.82	98.64	0.5%	—
FY 2018 Q2	Jun 30, 2018	1,967.07	113.93	1,853.15	0.33×	21.97%	1.38×	—	—	0.54×	98.8	98.61	0.48%	—
FY 2018 Q1	Mar 31, 2018	1,701.91	72.49	1,629.43	0.3×	20.69%	1.43×	—	—	0.53×	98.77	98.56	5.79%	—
FY 2017 Q4	Dec 31, 2017	1,477.35	112.45	1,364.9	0.26×	19.01%	1.46×	—	14.85×	0.62×	100.47	100.33	24.92%	—
FY 2017 Q3	Sep 30, 2017	1,256.39	30.21	1,226.18	0.22×	17.24%	1.63×	—	—	0.46×	98.37	98.14	27.18%	—
FY 2017 Q2	Jun 30, 2017	1,151.52	16.59	1,134.93	0.22×	16.97%	1.98×	—	—	0.68×	98.35	98.14	36.84%	—
FY 2017 Q1	Mar 31, 2017	985.79	37.44	948.35	0.19×	15.48%	3.51×	—	—	0.81×	93.36	93.16	31.16%	—
FY 2016 Q4	Dec 31, 2016	1,105.91	1,666.57	-560.66	0.28×	20.67%	-5.12×	—	-1.67×	8.56×	80.32	80.32	20.14%	—
FY 2016 Q3	Sep 30, 2016	497.81	167.27	330.54	0.18×	14.12%	—	—	—	1.48×	77.17	77.17	18.26%	—
FY 2016 Q2	Jun 30, 2016	494.48	218.79	275.68	0.23×	17.41%	—	—	—	2.1×	71.72	71.72	16.67%	—
FY 2016 Q1	Mar 31, 2016	485.64	235.81	249.83	0.21×	16.5%	—	—	-18.75×	2.73×	71.03	71.03	21.65%	—
FY 2015 Q4	Dec 31, 2015	495.5	20.12	475.39	0.23×	17.96%	—	—	-17.83×	0.77×	66.85	66.85	17.71%	—
FY 2015 Q3	Sep 30, 2015	489	43.83	445.17	0.21×	16.35%	—	—	-12.3×	0.87×	65.25	65.25	18.31%	—
FY 2015 Q2	Jun 30, 2015	718	44.68	673.32	0.32×	22.64%	34.5×	—	-4.78×	1.19×	61.47	61.47	21.06%	—
FY 2015 Q1	Mar 31, 2015	611.58	31.64	579.94	0.29×	19.78%	1.59×	—	4.31×	1.17×	58.63	58.39	20.52%	—
FY 2014 Q4	Dec 31, 2014	673.5	30.18	643.32	0.34×	21.76%	1.68×	—	6.16×	0.94×	57.48	56.79	20.64%	—
FY 2014 Q3	Sep 30, 2014	590	40.64	549.36	0.31×	20.92%	1.56×	—	7.07×	0.73×	55.44	55.15	24.26%	—
FY 2014 Q2	Jun 30, 2014	496	36.99	459.01	0.4×	24.23%	1.58×	—	8.38×	0.68×	51.14	50.78	28.87%	—
FY 2014 Q1	Mar 31, 2014	587	25.31	561.69	0.54×	30.31%	2.54×	—	9.56×	0.58×	48.87	48.45	30.73%	—
FY 2013 Q4	Dec 31, 2013	460	15.56	444.45	0.54×	30.23%	2.75×	—	11.81×	0.51×	47.39	47.08	—	—
FY 2013 Q3	Sep 30, 2013	—	53.1	—	—	—	—	—	23.53×	0.84×	44.7	44.39	—	—
FY 2013 Q2	Jun 30, 2013	—	81.9	—	—	—	—	—	13.3×	1.2×	39.72	39.4	—	—
FY 2013 Q1	Mar 31, 2013	—	5.52	—	—	—	—	—	—	0.45×	37.21	37.06	—	—
FY 2012 Q4	Dec 31, 2012	0.34	26.36	-26.02	0×	0.06%	-0.6×	—	4.79×	0.63×	—	—	—	—
FY 2012 Q3	Sep 30, 2012	—	1.28	—	—	—	—	—	—	0.45×	—	—	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · FANG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.