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Diamondback Energy FANG Q4 2024 Annual earnings

Reported February 25, 2025 · After market close

Revenue estimate$3.6B
EPS estimate$3.57

Next report

Aug 3, 2026 (In 3 weeks)
Revenue estimate$5.0B
EPS estimate$6.18

Financials

Q4 2024

Income statement

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Revenue$3.7B+66.6%
Operating income$1.4B+17.2%
Net income$1.1B+11.9%
EPS (diluted)$3.53-33.8%

Balance sheet

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Cash & equivalents$164.0M-72.0%
Total debt$13.9B+109%
Total equity$37.7B+127%
Total assets$67.3B+132%

Cash flow

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Operating cash flow$2.3B+44.2%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$47.84B+72.3%
Enterprise value$61.55B+82.0%
P/E14.3×+5.5×
P/S4.3×+1.0×

Profitability

See full
Operating margin39.7%-14.6pp
Net margin30.2%-7.2pp

Returns & leverage

See full
Return on equity12.3%-7.6pp
Debt / equity0.4×0.0×
Current ratio0.4×-0.3×

Segments

By product

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Oil sales$3.0B+58.4%
Natural gas liquid sales$378.0M+110%
Sales of purchased oil$225.0M+333%
Natural gas sales$51.0M-21.5%

Versus estimates

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Questions, answered.

When did Diamondback Energy report Q4 2024 earnings?
Diamondback Energy (FANG) reported Q4 2024 earnings on February 25, 2025 after market close.
What were Diamondback Energy's Q4 2024 revenue and EPS?
Diamondback Energy reported revenue of $3.7B and diluted EPS of $3.64 for Q4 2024.
Did Diamondback Energy beat estimates in Q4 2024?
Revenue beat the consensus estimate of $3.6B by $143.3M. EPS beat the consensus estimate of $3.57 by $0.07.
Where can I find Diamondback Energy's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001539838-25-000021) directly on SEC EDGAR. The filing index links above go to sec.gov.