Diamondback Energy, Inc. logo
FANGDiamondback Energy, Inc.

Debt to Assets Ratio: 19.83%

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to assets ratio high or low?

The debt to assets ratio of 19.83% is 19% below its 5-year average of 24.52%, near the low end of its 5-year range (18.47%–34.81%).

As of Sunday, June 28, 2026. 3.70% below its 12-month average of 20.59%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

FANG Debt to Assets Ratio

19.83%

Reported quarterly debt to assets ratio; no daily interpolation.

-39.85% 5Y
FANG Debt to Assets Ratio

FANG Average Debt to Assets Ratio Chart

FANG Debt to Assets Ratio

FANG Current vs Average Debt to Assets Ratio Chart

FANG Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

19.83%

DEBT TO ASSETS RATIO AVG TTM

20.59%

DEBT TO ASSETS RATIO AVG 3Y

21.50%

DEBT TO ASSETS RATIO AVG 5Y

22.97%

DEBT TO ASSETS RATIO AVG 10Y

21.56%

DEBT TO ASSETS RATIO AVG 15Y

24.07%

DEBT TO ASSETS RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-3.70%

CURRENT VS 3Y AVG

-7.77%

CURRENT VS 5Y AVG

-13.66%

CURRENT VS 10Y AVG

-8.02%

CURRENT VS 15Y AVG

-17.61%

CURRENT VS 20Y AVG

N/A

FANG Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Diamondback Energy, Inc. (FANG)$50.61B19.83%20.59%21.50%22.97%
Occidental Petroleum Corporation (OXY)vs ›$49.72B0.28%N/AN/AN/A
Cameco Corporation (CCJ)vs ›$45.51B0.10%N/AN/AN/A
Baker Hughes Company (BKR)vs ›$56.11B0.17%N/AN/AN/A
ONEOK, Inc. (OKE)vs ›$56.21B0.49%N/AN/AN/A
Targa Resources Corp. (TRGP)vs ›$58.51B0.70%N/AN/AN/A
Suncor Energy Inc. (SU)vs ›$63.64B0.20%N/AN/AN/A
Energy Transfer LP (ET)vs ›$65.97B0.51%N/AN/AN/A
Eni S.p.A. (E)vs ›$67.41B0.28%N/AN/AN/A
EQT Corporation (EQT)vs ›$32.96B0.19%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

19.8%

Debt/Equity

0.40

Current Ratio

0.42

Interest Coverage

20.2x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The debt to assets ratio for FANG stock is 19.83%.
Is Diamondback Energy, Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 19.83% is 19% below its 5-year average of 24.52%, near the low end of its 5-year range (18.47%–34.81%).
What is the TTM average debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The TTM average debt to assets ratio for FANG stock is 20.59%.
What is the 3Y average debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The 3Y average debt to assets ratio for FANG stock is 21.50%.
What is the 5Y average debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The 5Y average debt to assets ratio for FANG stock is 22.97%.
What is the 10Y average debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The 10Y average debt to assets ratio for FANG stock is 21.56%.
What is the 15Y average debt to assets ratio for Diamondback Energy, Inc. (FANG)?
The 15Y average debt to assets ratio for FANG stock is 24.07%.

FANG Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-3119.83%
2025-12-3120.94%
2025-09-3021.31%
2025-06-3021.04%
2025-03-3119.85%
2024-12-3118.47%
2024-09-3019.66%
2024-06-3033.62%
2024-03-3122.33%
2023-12-3123.45%
2023-09-3022.21%
2023-06-3023.72%
2023-03-3125.23%
2022-12-3124.34%
2022-09-3022.47%
2022-06-3023.27%
2022-03-3125.07%
2021-12-3129.58%
2021-09-3030.68%
2021-06-3032.97%
2021-03-3134.81%
2020-12-3133.66%
2020-09-3031.17%
2020-06-3029.27%
2020-03-3124.28%
2019-12-3123.33%
2019-09-3020.21%
2019-06-3019.30%
2019-03-3121.00%
2018-12-3120.94%
2018-09-3023.78%
2018-06-3021.97%
2018-03-3120.69%
2017-12-3119.37%
2017-09-3017.24%
2017-06-3016.97%
2017-03-3115.48%
2016-12-3120.93%
2016-09-3014.12%
2016-06-3017.41%
2016-03-3116.50%
2015-12-3118.20%
2015-09-3016.35%
2015-06-3022.64%
2015-03-3119.78%
2014-12-3122.14%
2014-09-3020.92%
2014-06-3024.23%
2014-03-3130.31%
2013-12-3130.53%
2013-09-3030.71%
2013-06-300.03%
2013-03-315.68%
2012-12-310.84%
2012-09-3042.37%
2012-06-3040.47%
2012-03-3136.51%
2011-12-3134.07%
2011-09-3034.75%
2010-12-3125.95%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Diamondback Energy, Inc.

Diamondback Energy, Inc. operates as an independent enterprise focused on oil and natural gas. Its core business involves the acquisition, development, exploration, and production of unconventional and onshore hydrocarbon reserves, predominantly located within the Permian Basin across West Texas and New Mexico. The company's development efforts primarily target significant geological formations, including the Spraberry and Wolfcamp in the Midland Basin, as well as the Wolfcamp and Bone Spring within the Delaware Basin – both crucial components of the broader Permian. As of December 31, 2021, Diamondback Energy's asset base included approximately 524,700 gross acres under its control in the Permian Basin. At that time, its estimated proved oil and natural gas reserves amounted to 1,788,991 thousand barrels of crude oil equivalent. The company also maintained working interests in 5,289 gross producing wells and held royalty interests in an additional 6,455 wells. Beyond its direct well operations, Diamondback Energy possesses mineral interests spanning roughly 930,871 gross acres and 27,027 net royalty acres across the Permian Basin and the Eagle Ford Shale. Furthermore, it manages a portfolio of midstream infrastructure, owning, operating, developing, and acquiring assets such as 866 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system within the Midland and Delaware Basins of the Permian. Established in 2007, Diamondback Energy, Inc. is headquartered in Midland, Texas.

Midland, TX
1,983 employees
www.diamondbackenergy.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Matthew Kaes Van't Hof
View full financials