Diamondback Energy, Inc. (FANG) vs TC Energy Corporation (TRP)
A side-by-side comparison of Diamondback Energy, Inc. and TC Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
FANG
Diamondback Energy, Inc.
$197.67EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
TRP
TC Energy Corporation
$61.86EnergyDelayed quote: Aug 28, 2026, 4:00 PM EDT
Total return — FANG vs TRP
growth of $100 · dividends reinvested · last 10yFANG +177.1% (+10.7%/yr)TRP +163.1% (+10.2%/yr)FANG compounded faster over this window
FANG TRP
FANG vs TRP: by the numbers
- •TRP is the larger company ($64.40B vs $55.61B market cap).
- •TRP trades at the lower trailing earnings multiple (25.90 vs 39.16 P/E), one valuation lens rather than an overall verdict.
- •TRP converts more revenue to profit (22.46% vs 9.27% net margin).
- •FANG grew revenue faster over the past five years (31.48% vs 2.32% CAGR).
- •TRP pays the higher dividend yield (3.99% vs 2.12%).
Metrics side by side
Valuation
| Metric | FANG | TRP |
|---|---|---|
| P/E ratio | 39.16 | 25.90 |
| Forward P/E | 9.79 | 16.15 |
| P/S ratio | 3.30 | 5.63 |
| P/B ratio | 1.49 | 3.31 |
| EV / EBITDA | 6.86 | 14.68 |
| FCF yield | 11.52% | 4.02% |
Profitability
| Metric | FANG | TRP |
|---|---|---|
| Gross margin | 35.16% | 51.47% |
| Operating margin | 27.68% | 46.09% |
| Net margin | 9.27% | 22.46% |
| ROE | 4.18% | 13.19% |
| ROIC | 5.88% | 5.18% |
Dividends
| Metric | FANG | TRP |
|---|---|---|
| Dividend yield | 2.12% | 3.99% |
| Payout ratio | 74.17% | 104.06% |
Growth (annualized)
| Metric | FANG | TRP |
|---|---|---|
| Revenue CAGR (5Y) | 31.48% | 2.32% |
| EPS CAGR (5Y) | 25.44% | -8.54% |
| FCF CAGR (5Y) | 51.55% | 69.19% |
| Total return CAGR (5Y) | 26.48% | 14.41% |
Frequently asked
- Which has the lower trailing P/E, FANG or TRP?
- TRP has the lower trailing P/E: FANG trades at 39.16 and TRP at 25.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FANG or TRP?
- Over the past five years, FANG grew revenue faster — FANG at a 31.48% CAGR versus TRP at 2.32%.
- Does FANG or TRP pay a bigger dividend?
- FANG yields 2.12% and TRP yields 3.99% based on trailing dividends and the latest price.
- Is FANG or TRP more profitable?
- TRP runs the higher net margin — FANG at 9.27% versus TRP at 22.46%.
- How have FANG and TRP total returns compared?
- Over the past 10 years, FANG delivered 10.60% and TRP delivered 10.26% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Diamondback Energy P/E ratioTC Energy P/E ratioDiamondback Energy dividend yieldTC Energy dividend yieldDiamondback Energy ROETC Energy ROEDiamondback Energy operating marginTC Energy operating marginDiamondback Energy revenue growthTC Energy revenue growthDiamondback Energy free cash flowTC Energy free cash flow
Diamondback Energy & TC Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 28, 2026.