FANG Diamondback Energy PE ratio, current and historical analysis
The PE ratio for Diamondback Energy stock stands at 8.94 as of Feb 21, 2025. This takes into account the latest EPS of $17.46 and stock price of $156.12. A decrease of 11% has been observed in the PE ratio compared to its average of 10.1 of the past four quarters.
FANG PE ratio history
Over the last ten years, the average PE ratio of Diamondback Energy has been 17.27. The current 8.94 price-to-earnings ratio is 48% less than the historical average. Analyzing the last ten years, FANG's PE ratio reached its highest point in the Dec 2019 quarter at 63.17, with a price of $92.86 and an EPS of $1.47. The Sep 2022 quarter saw the lowest point at 4.9, with a price of $120.46 and an EPS of $24.58.
Diamondback Energy PE ratio by year
Maximum annual increase: 451.22% in 2019
Maximum annual decrease: -59.96% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 8.94 | 60.79% | $155.08 | $17.34 |
| 2022 | 5.56 | -36.89% | $136.78 | $24.61 |
| 2021 | 8.81 | N/A | $107.85 | $12.24 |
| 2020 | N/A | N/A | $48.4 | -$28.61 |
| 2019 | 63.17 | 451.22% | $92.86 | $1.47 |
| 2018 | 11.46 | -55.08% | $92.7 | $8.09 |
| 2017 | 25.51 | N/A | $126.25 | $4.95 |
| 2016 | N/A | N/A | $101.06 | -$2.2 |
| 2015 | N/A | N/A | $66.9 | -$8.74 |
| 2014 | 16.29 | -59.96% | $59.78 | $3.67 |
| 2013 | 40.68 | 27.64% | $52.88 | $1.3 |
| 2012 | 31.87 | N/A | $19.12 | $0.6 |
| 2011 | N/A | N/A | N/A | N/A |
| 2010 | N/A | N/A | N/A | N/A |
Diamondback Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 9.87 | -4.64% | $172.4 | $17.46 |
| Jun 2024 | 10.35 | -7.42% | $200.19 | $19.34 |
| Mar 2024 | 11.18 | 25.06% | $198.17 | $17.73 |
| Dec 2023 | 8.94 | 1.71% | $155.08 | $17.34 |
| Sep 2023 | 8.79 | 28.89% | $154.88 | $17.62 |
| Jun 2023 | 6.82 | 21.79% | $131.36 | $19.27 |
| Mar 2023 | 5.6 | 0.72% | $135.17 | $24.15 |
| Dec 2022 | 5.56 | 13.47% | $136.78 | $24.61 |
| Sep 2022 | 4.9 | -13.43% | $120.46 | $24.58 |
| Jun 2022 | 5.66 | -37.32% | $121.15 | $21.41 |
| Mar 2022 | 9.03 | 2.5% | $137.08 | $15.18 |
| Dec 2021 | 8.81 | -82.41% | $107.85 | $12.24 |
| Sep 2021 | 50.09 | N/A | $94.67 | $1.89 |
| Jun 2021 | N/A | N/A | $93.89 | -$8.71 |
| Mar 2021 | N/A | N/A | $73.49 | -$25.57 |
FANG average PE ratio chart
FANG's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
FANG PE vs peers
When compared to its peers COP and OXY, FANG's PE ratio is lower, but it is higher than KOS's. Diamondback Energy's PE ratio is trading below the peer average of 14.88.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KOS Kosmos Energy Ltd | 6.77 | $1.5B |
| FANG Diamondback Energy Inc | 8.94 | $45.59B |
| COP Conocophillips | 12.52 | $124.62B |
| OXY Occidental Petroleum Corp | 19.47 | $47.32B |
| VNOM Viper Energy Partners LP | 20.74 | $9.11B |
| EXE Expand Energy Corp. | 52.86 | $24.06B |
Frequently asked questions
What is Diamondback Energy's PE ratio?
The price to earnings ratio for FANG stock as of Feb 21, 2025, stands at 8.94.
What is the 3-year average PE ratio for Diamondback Energy (FANG)?
The 3-year average PE ratio for FANG stock is 7.88.
What is the 5-year average PE ratio for Diamondback Energy (FANG)?
The 5-year average PE ratio for FANG stock is 11.2.
What is the highest PE ratio for FANG?
The highest quarterly PE ratio in the last ten years has been 63.17 and it was in the Dec 2019 quarter.
How does the current PE ratio for FANG compare to its historical average?
FANG's price to earnings ratio is currently 48% below its 10-year historical average.
Why is Diamondback Energy's PE ratio so low?
FANG's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.94 is considered low.
How is FANG's PE ratio calculated (Diamondback Energy PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 21, 2025), Diamondback Energy's share price is $156.12. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $17.46. Therefore, Diamondback Energy's price to earnings ratio for today is 8.94. PE RATIO(8.94) = STOCK PRICE($156.12) / TTM EPS($17.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.