Diamondback Energy Inc (FANG) — Financial Flexibility Index

Latest as of December 2025: 0.12x

Diamondback Energy Inc (FANG) has a Financial Flexibility Index of 0.12x as of December 2025. Free cash flow of $3.29 Billion (operating CF $2.34 Billion minus capex $943.00 Million) represents 0% of total liabilities ($28.09 Billion). Check FANG capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

$3.29 Billion
Operating CF − Capex

Total Liabilities

$28.09 Billion
USD

Capital Expenditures

$943.00 Million
USD

Diamondback Energy Inc Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Diamondback Energy Inc across 17 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Diamondback Energy Inc.

Annual Financial Flexibility Index for Diamondback Energy Inc (2009–2025)

Year-by-year free cash flow to debt coverage for Diamondback Energy Inc. Explore debt repayment capacity of Diamondback Energy Inc to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.44x $12.28 Billion $8.76 Billion $28.09 Billion ▼ -34.1%
2024 0.66x $18.20 Billion $6.41 Billion $27.43 Billion ▼ -27.8%
2023 0.92x $10.63 Billion $5.92 Billion $11.57 Billion ▼ -1.7%
2022 0.93x $9.83 Billion $6.33 Billion $10.52 Billion ▲ +44.5%
2021 0.65x $6.24 Billion $3.94 Billion $9.65 Billion ▲ +21.4%
2020 0.53x $4.16 Billion $2.12 Billion $7.82 Billion ▼ -28.6%
2019 0.75x $6.44 Billion $2.73 Billion $8.62 Billion ▲ +10.0%
2018 0.68x $5.04 Billion $1.56 Billion $7.43 Billion ▼ -64.6%
2017 1.91x $4.19 Billion $889.00 Million $2.19 Billion ▲ +67.3%
2016 1.14x $1.52 Billion $332.08 Million $1.33 Billion ▼ -44.3%
2015 2.05x $1.32 Billion $416.50 Million $641.75 Million ▲ +26.5%
2014 1.62x $1.80 Billion $356.39 Million $1.11 Billion ▲ +0.3%
2013 1.62x $1.10 Billion $155.78 Million $676.07 Million ▲ +3.6%
2012 1.56x $226.18 Million $49.69 Million $144.63 Million ▲ +77.9%
2011 0.88x $118.24 Million $31.00 Million $134.54 Million ▼ -4.4%
2010 0.92x $61.51 Million $5.19 Million $66.88 Million ▼ -50.2%
2009 1.85x $29.33 Million $2.70 Million $15.87 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities