Diamondback Energy Inc (FANG) — Free Cash Flow Generation Index

Latest as of December 2025: 0.60x

Diamondback Energy Inc (FANG) has a Free Cash Flow Generation Index of 0.60x as of December 2025. Free cash flow of $1.40 Billion represents 1% of operating cash flow ($2.34 Billion). Read debt load of Diamondback Energy Inc for a breakdown of total debt and financial obligations.

FCF Generation Index

0.60x
Free Cash Flow / Operating CF

Free Cash Flow

$1.40 Billion
USD

Operating Cash Flow

$2.34 Billion
USD

Capital Expenditures

$943.00 Million
USD

Diamondback Energy Inc Free Cash Flow Generation Index (2009–2025)

Historical FCF Generation Index trend for Diamondback Energy Inc across 17 annual periods. Explore how much does Diamondback Energy Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Diamondback Energy Inc (2009–2025)

Year-by-year Free Cash Flow Generation Index for Diamondback Energy Inc. For the full company profile including market capitalisation, see FANG market cap.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.60x $5.24 Billion $8.76 Billion $3.52 Billion ▲ +171.3%
2024 -0.84x $-5.37 Billion $6.41 Billion $11.79 Billion ▼ -511.3%
2023 0.20x $1.21 Billion $5.92 Billion $4.71 Billion ▼ -54.3%
2022 0.45x $2.82 Billion $6.33 Billion $3.50 Billion ▲ +6.9%
2021 0.42x $1.65 Billion $3.94 Billion $2.30 Billion ▲ +1093.8%
2020 0.03x $74.00 Million $2.12 Billion $2.04 Billion ▲ +109.9%
2019 -0.35x $-968.00 Million $2.73 Billion $3.70 Billion ▲ +71.0%
2018 -1.22x $-1.91 Billion $1.56 Billion $3.48 Billion ▲ +55.0%
2017 -2.71x $-2.41 Billion $889.00 Million $3.30 Billion ▼ -4.9%
2016 -2.59x $-859.09 Million $332.08 Million $1.19 Billion ▼ -121.9%
2015 -1.17x $-485.59 Million $416.50 Million $902.09 Million ▲ +61.9%
2014 -3.06x $-1.09 Billion $356.39 Million $1.45 Billion ▲ +39.2%
2013 -5.03x $-784.15 Million $155.78 Million $939.92 Million ▼ -97.3%
2012 -2.55x $-126.80 Million $49.69 Million $176.49 Million ▼ -40.6%
2011 -1.81x $-56.24 Million $31.00 Million $87.24 Million ▲ +81.6%
2010 -9.85x $-51.12 Million $5.19 Million $56.31 Million ▼ -11.2%
2009 -8.86x $-23.93 Million $2.70 Million $26.63 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).