Diamondback Energy price to free cash flow FANG

Market value divided by free cash flow over the last twelve months, since 2015.

Today, Oct 23, 2026: 7.9×
10-year median: 7.7×
Against its 10-year history: 54th; percentile: 0 is its lowest day, 100 its highest
10-year range: 1.3× to 106×
Peer median: 9.3×

Diamondback Energy's price to free cash flow is 7.9× as of Oct 23, 2026.

That is above its ten-year median of 7.7×, close to the middle of its last ten years.

Over that time it ranged from 1.3× in Mar 2020 to 106× in May 2019.

The median for 10 oil and gas producers of a similar size is 9.3×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	7.9×	7.1×	21.1×
2025	17.3×	17.0×	18.8×
2024	6.7×	6.5×	9.5×
2023	7.7×	4.7×	7.8×
2022	4.8×	4.4×	9.1×
2021	7.2×	3.8×	12.1×
2020	3.2×	1.3×	19.7×
2019	19.0×	8.5×	106×
2018	8.1×	7.8×	15.9×
2017	n/m a value too high to mean anything
2016	22.4×	21.8×	383×
2015	339×	336×	395×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Diamondback Energy's size, closest first, today.

Company	Price to free cash flow
FANGDiamondback Energy	7.9×
DVNDevon Energy	12.0×
OXYOccidental Petroleum	12.1×
EOGEOG Resources	6.7×
EQTEQT	9.3×
TPLTexas Pacific Land	44.3×
EXEExpand Energy	8.1×
PRPermian Resources	5.4×
OVVOvintiv	8.8×
COPConocoPhillips	18.0×
APAAPA	n/m
Peer median	9.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Diamondback Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.