Diamondback Energy Valuation Multiples

Diamondback Energy Overview

About Diamondback Energy

Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.

Founded

2011

HQ

Employees

1.8K

Website

diamondbackenergy.com

Sectors

Energy ProductionOil & Gas

Financials (LTM)

Revenue: $14B

EBITDA: $10B

EV

$66B

Valuation Multiples

Multiples.vc

Start free trial

Diamondback Energy Financials

Diamondback Energy reported last 12-month revenue of $14B and EBITDA of $10B.

In the same LTM period, Diamondback Energy generated $10B in EBITDA and $2B in net income.

Diamondback Energy P&L

In the most recent fiscal year, Diamondback Energy reported revenue of $15B and EBITDA of $10B.

Diamondback Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX

Diamondback Energy Stock Performance

Diamondback Energy has current market cap of $51B, and enterprise value of $66B.

Diamondback Energy's stock price is $178.96.

Diamondback Energy Valuation Multiples

Diamondback Energy trades at 4.8x EV/Revenue multiple, and 6.6x EV/EBITDA.

Diamondback Energy Financial Valuation Multiples

As of March 21, 2026, Diamondback Energy has market cap of $51B and EV of $66B.

Equity research analysts estimate Diamondback Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Diamondback Energy has a P/E ratio of 25.7x.

Diamondback Energy Margins & Growth Rates

Diamondback Energy's revenue in the last 12 month grew by 7%.

Diamondback Energy's revenue per employee in the last FY averaged $7.8M.

Diamondback Energy's rule of 40 is 80% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Diamondback Energy's rule of X is 90% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Diamondback Energy Public Comps

See public comps and valuation multiples for other Energy Production and Oil & Gas comps.

Diamondback Energy M&A Activity

Diamondback Energy acquired XXX companies to date.

Last acquisition by Diamondback Energy was on XXXXXXXX, XXXXX. Diamondback Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Diamondback Energy Investment Activity

Diamondback Energy invested in XXX companies to date.

Diamondback Energy made its latest investment on XXXXXXXX, XXXXX. Diamondback Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).