Diamondback Energy, Inc.

FANG

Quality scores

Data as of Sep 5, 2026

3 / 9

Weak

3/9 — WEAK fundamentals (a sign of low quality).

PassROA > 0 — ROA last year = 2.34 %
FailFCF > 0 — FCF last year = -703.00 mill.
FailFCF > net income (accrual quality) — FCF -703.00 vs. net income 1,664.00 (mill.)
FailRising ROA — ROA 2.34 % vs. prior year 4.96 %

FailLower long-term leverage — long-term debt/assets 0.19 vs. prior 0.18
FailRising current ratio (more liquidity) — Current ratio 0.42 vs. prior 0.44
PassNo dilution (shares do not grow) — Shares 284.59 mill. vs. prior 290.98 mill.

Z-Score (original)

1.53

Distress zone

Z''-Score (non-manufacturing)

4.72

Safe zone

Ratio	Value
X1 — Working capital / Total assets	-0.04
X2 — Retained earnings / Total assets	0.07
X3 — EBIT / Total assets	0.02
X4 — Market cap / Total liabilities	2.03
X4 — Book equity / Total liabilities	1.32
X5 — Sales / Total assets	0.21