The PE ratio for Diamondback Energy stock stands at 9.86 as of Nov 5, 2025. This takes into account the latest EPS of $13.93 and stock price of $137.29. The PE ratio at present is nearly equal to the average from the previous four quarters.
Over the last nine years, the average PE ratio of Diamondback Energy has been 16.24. The current 9.86 price-to-earnings ratio is 39% less than the historical average. Analyzing the last nine 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.
Maximum annual increase: 451.22% in 2019
Maximum annual decrease: -59.96% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.55 | 18.01% | $163.83 | $15.53 |
| 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 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 9.86 | 0% | $137.4 | $13.93 |
| Mar 2025 | 9.86 | -6.54% | $159.88 | $16.21 |
| Dec 2024 | 10.55 | 6.89% | $163.83 | $15.53 |
| 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 |
FANG's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
Diamondback Energy's price to earnings (P/E) of 9.86 is lower than the Energy sector, the industry and its peers average. Looking at the Energy sector average of 15.84, Diamondback Energy's price to earnings (P/E) is 38% lower.
When compared to its peer stocks COP and OXY, FANG's PE ratio is lower. Diamondback Energy's PE ratio is trading below the peer average of 19.89.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FANG Diamondback Energy Inc | 10.11 | $40.75B |
| VNOM Viper Energy Partners LP | 10.24 | $10.64B |
| COP Conocophillips | 11.48 | $106.98B |
| OXY Occidental Petroleum Corp | 23.03 | $39.67B |
| EXE Expand Energy Corp. | 35.12 | $26.35B |
| KOS Kosmos Energy Ltd | N/A | $674.44M |
The price to earnings ratio for FANG stock as of Nov 5, 2025, stands at 9.86.
The 3-year average PE ratio for FANG stock is 8.85.
The 5-year average PE ratio for FANG stock is 10.99.
The highest quarterly PE ratio in the last nine years has been 63.17 and it was in the Dec 2019 quarter.
FANG's price to earnings ratio is currently 39% below its 9-year historical average.
FANG's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.86 is considered low.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Diamondback Energy's share price is $137.29. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $13.93. Therefore, Diamondback Energy's price to earnings ratio for today is 9.86. PE RATIO(9.86) = STOCK PRICE($137.29) / TTM EPS($13.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.