Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is N/A as of 2026-09-26T00:15:44.972Z.
Consensus retrieved: 2026-09-13T22:47:54.634Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-26T00:15:44.972Z.
Quote observation: 2026-09-25T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e4f2d03666b3d6ecdf9d77ab0c1abdd8b9e160546b780231506f7de9430e0fd6
Forward PE Ratio (N/A) = Dated Quote Price ($186.67) / Consensus Forward EPS ($20.56)
FORWARD PE RATIO
N/A
Diamondback Energy, Inc.
Market Cap
$52.51B
Forward PE Ratio
N/A
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Diamondback Energy, Inc. (FANG) | $52.51B | N/A |
| Devon Energy Corporation (DVN)vs › | $51.76B | 9.19 |
| ONEOK, Inc. (OKE)vs › | $55.85B | 15.51 |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 9.01 |
| Baker Hughes Company (BKR)vs › | $57.41B | 22.00 |
| MPLX Lp (MPLX)vs › | $57.64B | 13.25 |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 24.64 |
| TC Energy Corporation (TRP)vs › | $61.19B | N/A |
| Cameco Corporation (CCJ)vs › | $38.36B | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 20.11 |
Trailing P/E
36.5
reported TTM EPS
Forward P/E
N/A
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $20.56 implies +301.6% EPS growth vs the reported trailing $5.12.
At the dated quote price of $186.67, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $20.56 | $16.77 – $24.30 | 14 | 9.1x |
| 2027-12-31 | $18.35 | $14.36 – $23.88 | 16 | 10.2x |
| 2028-12-31 | $19.24 | $15.50 – $22.40 | 9 | 9.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute