Last 48 quarters of trend data · Energy · Oil & Gas Exploration & Production
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Diamondback Energy, Inc.'s quarterly P/E stands at 618.1x, up 7369.1% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 89.6% YoY to 10.0x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 32.02 | 618.09 | — | 10.22 | 14.43 | 8.28 | 11.16 | 13.51 | 10.74 | 11.58 | 7.26 | 7.64 | 10.77 |
| — | +7369.1% | — | -24.3% | +34.4% | -28.5% | +53.7% | +76.9% | -0.3% | +33.2% | +19.3% | +70.4% | +181.6% | |
| P/S Ratio | 3.44 | 3.30 | 3.18 | 2.65 | 2.75 | 2.87 | 3.23 | 3.35 | 3.61 | 3.99 | 3.13 | 2.96 | 3.09 |
| — | +14.8% | -1.8% | -21.0% | -23.9% | -28.0% | +3.4% | +13.1% | +16.9% | +24.8% | +4.5% | +37.3% | +59.5% | |
| P/B Ratio | 1.23 | 1.31 | 1.00 | 0.91 | 0.94 | 1.11 | 1.20 | 0.91 | 1.93 | 1.96 | 1.59 | 1.63 | 1.46 |
| — | +18.3% | -16.8% | +0.1% | -51.4% | -43.5% | -24.6% | -44.3% | +31.9% | +28.7% | +2.7% | +13.0% | -1.9% | |
| P/FCF | 9.86 | 15.62 | 7.66 | 6.45 | — | 17.46 | 24.80 | — | 10.60 | 15.46 | 44.73 | 13.69 | 9.02 |
| — | -10.5% | -69.1% | — | — | +12.9% | -44.6% | — | +17.6% | — | — | +207.5% | +94.2% | |
| EV / EBITDA | 6.63 | 10.03 | 6.34 | 5.67 | 5.74 | 5.29 | 5.82 | 8.27 | 6.25 | 6.47 | 5.07 | 4.66 | 5.31 |
| — | +89.6% | +9.0% | -31.5% | -8.1% | -18.3% | +14.7% | +77.7% | +17.7% | +17.4% | +8.4% | +37.9% | +82.6% | |
| EV / EBIT | 13.42 | — | — | 10.00 | 13.78 | 7.55 | 9.43 | 12.78 | 8.57 | 9.59 | 6.47 | 6.34 | 9.44 |
| — | — | — | -21.7% | +60.8% | -21.3% | +45.9% | +101.7% | -9.3% | +21.7% | +11.5% | +54.3% | +167.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Diamondback Energy, Inc.'s operating margin was 2.7% in Q1 2026, down 23.0 pp QoQ and down 38.8 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 22.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 52.6% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.2% | 68.7% | 24.3% | 34.6% | 34.6% | 45.0% | 41.1% | 39.8% | 49.0% | 53.4% | 56.2% | 60.8% | 55.8% |
| — | +52.6% | -40.9% | -13.0% | -29.4% | -15.7% | -26.9% | -34.5% | -12.1% | -7.5% | -12.9% | -12.4% | -24.3% | |
| Operating Margin | 32.7% | 2.7% | 25.8% | 31.5% | 31.2% | 41.5% | 38.2% | 26.9% | 46.7% | 50.4% | 54.4% | 57.3% | 52.1% |
| — | -93.4% | -32.5% | +16.9% | -33.3% | -17.7% | -29.7% | -53.0% | -10.3% | -5.3% | -12.2% | -13.5% | -27.1% | |
| Net Margin | 11.1% | 3.4% | -43.2% | 25.9% | 19.1% | 34.9% | 29.1% | 25.0% | 33.8% | 34.6% | 43.3% | 39.1% | 29.0% |
| — | -90.3% | -248.6% | +3.8% | -43.4% | +0.7% | -32.9% | -36.1% | +16.8% | -6.4% | -12.7% | -19.5% | -43.4% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.0% | 0.3% | -3.3% | 2.3% | 1.7% | 3.4% | 2.7% | 2.3% | 4.6% | 4.3% | 5.6% | 5.5% | 3.4% |
| — | -90.2% | -220.6% | +0.2% | -63.9% | -20.5% | -51.1% | -58.3% | +33.2% | -3.2% | -16.2% | -32.6% | -65.7% | |
| ROA | 2.4% | 0.2% | -2.0% | 1.4% | 1.0% | 2.0% | 1.6% | 1.3% | 2.6% | 2.6% | 3.4% | 3.3% | 2.0% |
| — | -90.0% | -222.6% | +5.7% | -61.6% | -21.8% | -52.0% | -60.5% | +27.1% | -1.1% | -16.4% | -34.3% | -66.7% | |
| ROIC | 6.7% | 0.2% | 1.1% | 1.6% | 1.5% | 2.4% | 2.0% | 1.4% | 3.7% | 3.5% | 3.9% | 4.5% | 3.3% |
| — | -92.7% | -46.4% | +9.3% | -58.2% | -33.1% | -47.9% | -68.1% | +11.8% | +3.4% | -12.9% | -27.0% | -56.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Diamondback Energy, Inc.'s Debt/EBITDA ratio is 0.5x, down from 6.4x last quarter — comfortably within a safe range. The current ratio has weakened 34.6% YoY to 0.56x, tightening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.34 | 0.02 | 0.34 | 0.36 | 0.35 | 0.33 | 0.31 | 0.33 | 0.65 | 0.37 | 0.39 | 0.37 | 0.40 |
| — | -94.7% | +8.1% | +6.9% | -45.3% | -9.4% | -20.1% | -9.2% | +60.2% | -14.8% | -4.0% | -0.3% | +6.4% | |
| Debt / EBITDA | 1.46 | 0.53 | 6.41 | 6.39 | 6.32 | 5.04 | 4.81 | 8.94 | 7.35 | 4.18 | 4.06 | 3.50 | 4.60 |
| — | -89.4% | +33.2% | -28.4% | -14.0% | +20.6% | +18.5% | +155.1% | +59.7% | -14.3% | +3.9% | +27.5% | +94.5% | |
| Current Ratio | 0.42 | 0.56 | 0.42 | 0.62 | 0.55 | 0.86 | 0.44 | 0.45 | 3.66 | 0.92 | 0.77 | 0.89 | 0.43 |
| — | -34.6% | -5.1% | +37.5% | -85.0% | -6.6% | -43.0% | -49.4% | +746.8% | +49.5% | -5.2% | +45.7% | -41.0% | |
| Quick Ratio | 0.40 | 0.55 | 0.40 | 0.60 | 0.52 | 0.83 | 0.41 | 0.42 | 3.64 | 0.89 | 0.74 | 0.86 | 0.40 |
| — | -34.7% | -4.1% | +41.8% | -85.7% | -6.5% | -43.9% | -50.7% | +806.0% | +54.3% | -4.3% | +48.8% | -42.1% | |
| Interest Coverage | 8.68 | -0.11 | -28.91 | 20.57 | 17.84 | 48.35 | 46.82 | 52.00 | 27.05 | 27.46 | 35.46 | 35.30 | 16.33 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Diamondback Energy, Inc.'s current P/E is 32.0x. The average P/E over the last 3 quarters is 214.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Diamondback Energy, Inc.'s current operating margin is 32.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Diamondback Energy, Inc.'s business trajectory between earnings reports.