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Asset turnover at other companies

Chevron logo
ChevronCVX
0.7×0.0×
Occidental Petroleum logo
Occidental PetroleumOXY
0.3×0.0×
SM Energy logo
SM EnergySM
0.4×0.0×
Devon Energy logo
Devon EnergyDVN
0.4×-0.2×
Northern Oil and Gas logo
Northern Oil and GasNOG
0.3×-0.1×
ConocoPhillips logo
ConocoPhillipsCOP
0.5×0.0×

Other financials

Income statement

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Revenue$5.6B+51.2%
Operating income$2.5B+121%
Net income$1.9B+169%
EPS (diluted)$6.65+179%

Balance sheet

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Cash & equivalents$464.0M+110%
Total debt$14.2B-6.5%
Total equity$37.9B-2.5%
Total assets$70.2B-2.4%

Cash flow

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Operating cash flow$3.6B+114%

Valuation

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Market cap$52.13B+24.0%
Enterprise value$65.83B+15.6%
P/E14.4×-8.4×
P/S3.1×+0.1×

Profitability

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Operating margin35.5%-8.2pp
Net margin27.3%-6.3pp

Returns & leverage

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Return on equity11%-1.0pp
Debt / equity0.4×0.0×
Current ratio0.5×-0.1×

Where this comes from

Calculated from Diamondback Energy’s reported figures.

Based on trailing twelve months.

The source filing: Diamondback Energy’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001539838-26-000142

FAQ

What is Diamondback Energy's asset turnover?
Diamondback Energy (FANG) reported asset turnover of 0.2× in Q2 2026.
How has Diamondback Energy's asset turnover changed year-over-year?
Diamondback Energy's asset turnover decreased by 8.1% year-over-year, from 0.3× to 0.2×.
What is the long-term trend for Diamondback Energy's asset turnover?
Over 5 years (2020 to 2025), Diamondback Energy's asset turnover has grown at a 9.7% compound annual growth rate (CAGR), from 0.1× to 0.2×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

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