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Diamondback EnergyFANG -0.49%68 Dividend Payout Ratio is 0.25 as of Mar. 2026, which is 19% below its 10-year median of 0.31. GuruFocus rates FANG with a GF Score™ of 68/100 and a GF Value™ of $189.57 (Fairly Valued). The stock has 10 warning signs investors should review. Among 435 Oil & Gas companies, Diamondback Energy ranks better than 70.8% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Diamondback Energy's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.25.
The historical rank and industry rank for Diamondback Energy's Dividend Payout Ratio or its related term are showing as below:
FANG'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.31 Max: 0.55
Current: 0.35
During the past 13 years, the highest Dividend Payout Ratio of Diamondback Energy was 0.55. The lowest was 0.06. And the median was 0.31.
FANG's Dividend Payout Ratio is ranked better than 70.8% of 435
companies
in the Oil & Gas industry
Industry Median: 0.5
vs FANG: 0.35
During the past 12 months, Diamondback Energy's average Dividends Per Share Growth Rate was -34.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -23.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 31.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Diamondback Energy was 135.30% per year. The lowest was -23.60% per year. And the median was 67.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Diamondback Energy (NAS:FANG) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Diamondback Energy Dividend Payout Ratio Related Terms
Diamondback Energy Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Diamondback Energy's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FANG vs OXY, DVN, EQT: Dividend Payout Ratio Comparison
For the Oil & Gas E&P subindustry, Diamondback Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Diamondback Energy Dividend Payout Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Diamondback Energy's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Diamondback Energy's Dividend Payout Ratio falls into.
Diamondback Energy Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Diamondback Energy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Diamondback Energy (FANG) has a Dividend Payout Ratio of 0.25 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Diamondback Energy and its competitors. This is 19% below median its historical median of 0.31. Over the past decade, Diamondback Energy's Dividend Payout Ratio has ranged from 0.06 to 0.55. According to the industry distribution chart, Diamondback Energy ranks #127 out of 435 companies in the Oil & Gas industry, placing it in the top 29.2%.
Is Diamondback Energy's Dividend Payout Ratio too high?
Diamondback Energy's current Dividend Payout Ratio of 0.25 is 19% below median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.55. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Diamondback Energy's value of 0.25 is 50% below this industry median. Based on the distribution chart, Diamondback Energy ranks #127 out of 435 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Diamondback Energy has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diamondback Energy's Dividend Payout Ratio compare to OXY and DVN?
According to the Oil & Gas industry distribution chart, Diamondback Energy ranks #127 out of 435 companies for Dividend Payout Ratio. This puts Diamondback Energy in the upper half of its industry. The industry median Dividend Payout Ratio is 0.50. Diamondback Energy's value of 0.25 is 50% below this benchmark. Historically, Diamondback Energy's own Dividend Payout Ratio has ranged from 0.06 to 0.55 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.50, Diamondback Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 435 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diamondback Energy's current Dividend Payout Ratio of 0.25 is 50% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Diamondback Energy and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamondback Energy's current Dividend Payout Ratio is 0.25, which is 19% below median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamondback Energy stock overvalued right now?
Based on GuruFocus' analysis, Diamondback Energy (FANG) is currently considered Fairly Valued. The stock's GF Value™ is $189.57, compared to a current price of $189.76 — trading 0.1% above its estimated fair value. The current Dividend Payout Ratio is 0.25, which is 19% below median its 10-year median of 0.31 and 50% below the Oil & Gas industry median of 0.50. Diamondback Energy's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Diamondback Energy (FANG), the current Dividend Payout Ratio is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Diamondback Energy (FANG) Overvalued in 2026?
Based on GuruFocus' analysis, Diamondback Energy stock appears to be overvalued.
The current stock price of $189.76 is trading 0.1% above its estimated GF Value™ of $189.57.
GuruFocus considers Diamondback Energy to be Fairly Valued.
Key valuation signals for FANG:
Dividend Payout Ratio: 0.25 (19% below median its 10-year median of 0.31)
GF Value™: $189.57 vs. price of $189.76 (0.1% above fair value)
Industry Position: 50% below the Oil & Gas median (#127 of 435)
No single metric tells the full story. See the FANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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