← Diamondback Energy, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $4.6b $3.3b $3.7b $1.5b
Net Income (Loss) Attributable to Parent ($165.0m) $482.3m $845.7m $240.0m ($4.5b) $2.2b $4.4b $3.1b $3.3b $1.7b
Net Income (Loss) Available to Common Stockholders, Basic ($164.9m) $516.8m $944.9m $315.0m ($4.7b) $2.3b $4.3b $3.1b $3.3b $1.7b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($164.9m) $516.8m $944.9m $315.0m ($4.7b) $2.3b $4.6b $3.3b $3.7b $1.5b
Net Income (Loss) Attributable to Noncontrolling Interest $126k $34.5m $99.2m $75.0m ($155.0m) $94.0m $176.0m $193.0m $363.0m ($117.0m)
Depreciation, Depletion and Amortization $178.0m $326.8m $623.0m $1.4b $1.3b $1.3b $1.3b $1.7b $2.9b $5.0b
Amortization of Debt Issuance Costs $2.7m $3.9m $11.6m $9.0m — — — — — —
Depreciation Amortization Depletion — — — — — — $1.3b $1.7b $2.9b $5.0b
Deferred Income Tax Expense (Benefit) $0 ($20.6m) $169.4m $47.0m ($1.0b) $606.0m $720.0m $378.0m $15.0m ($519.0m)
Deferred Income Tax — — — — — — $720.0m $378.0m $15.0m ($519.0m)
Deferred Tax — — — — — — $720.0m $378.0m $15.0m ($519.0m)
Share-based Payment Arrangement, Noncash Expense $26.5m $25.5m $26.8m $48.0m $37.0m $51.0m $55.0m $54.0m $65.0m —
Payment, Tax Withholding, Share-based Payment Arrangement — — — $13.0m — — — — — —
Equity Method Investment, Other than Temporary Impairment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Asset Impairment Charge — — — — — — $0 $0 $0 $3.7b
Gain (Loss) on Extinguishment of Debt ($33.1m) $0 $0 ($56.0m) ($5.0m) ($75.0m) ($99.0m) ($4.0m) $2.0m $56.0m
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — $23.0m $0 — — —
Gain (Loss) on Disposition of Property Plant Equipment $61k $455k ($3.1m) $1.0m — — — — — —
Income (Loss) from Equity Method Investments $676k $657k $0 ($6.0m) ($10.0m) $15.0m $77.0m $48.0m $21.0m —
Income Tax Expense (Benefit) $192k ($19.6m) $168.4m $47.0m ($1.1b) $631.0m $1.2b $912.0m $800.0m $327.0m
Operating Lease, Expense — — $205.0m $490.0m $425.0m $565.0m $652.0m $872.0m $1.3b $1.9b
Other Nonoperating Income (Expense) — — — ($2.0m) $2.0m ($895.0m) ($613.0m) ($195.0m) — $455.0m
Earnings (Loss)es From Equity Investments — — — — — ($15.0m) ($77.0m) ($48.0m) ($21.0m) —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $35.0m $97.6m ($13.2m) $187.0m ($217.0m) $196.0m $47.0m $71.0m $42.0m ($386.0m)
Increase (Decrease) in Inventories $255k $2.2m $14.8m $10.0m — — — — — —
Asset Retirement Obligation, Accretion Expense $1.1m $1.4m $2.1m $7.0m $7.0m $9.0m $14.0m $16.0m $22.0m $35.0m
Gain (Loss) on Investments — — ($550k) $5.0m ($9.0m) — — — — —
Gain (Loss) on Sale of Derivatives $1.2m $6.7m ($120.4m) $80.0m $250.0m ($1.2b) ($850.0m) ($110.0m) ($51.0m) $181.0m
Nonoperating Income (Expense) ($96.1m) ($107.8m) $102.5m ($333.0m) ($300.0m) ($1.1b) ($772.0m) ($322.0m) $105.0m $608.0m
Proceeds from Contributions from Affiliates $0 $0 $0 $0 — — — — — —
Proceeds from Stock Options Exercised $498k $358k $0 $9.0m — — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — $2.2b — — — — — — —
Beginning Cash Position — — — — — — $672.0m $164.0m $585.0m $164.0m
Cash Flow From Continuing Financing Activities — — — — — — ($3.5b) ($2.2b) $4.4b ($1.0b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.3b) ($3.3b) ($11.2b) ($7.8b)
Change In Account Payable — — — — — — ($47.0m) $57.0m ($376.0m) ($343.0m)
Change In Income Tax Payable — — — — — — $17.0m ($5.0m) $87.0m ($399.0m)
Change In Other Working Capital — — — — — — ($16.0m) $192.0m $67.0m $27.0m
Change In Payable — — — — — — $126.0m $175.0m ($121.0m) ($727.0m)
Change In Payables And Accrued Expense — — — — — — $126.0m $175.0m ($121.0m) ($727.0m)
Change In Prepaid Assets — — — — — $20.0m $21.0m ($89.0m) $54.0m —
Change In Receivables — — — — — — ($330.0m) ($71.0m) ($42.0m) $386.0m
Change In Tax Payable — — — — — — $17.0m ($5.0m) $87.0m ($399.0m)
Change In Working Capital — — — — — — ($199.0m) $296.0m ($96.0m) ($314.0m)
Changes In Account Receivables — — — — — — ($47.0m) ($71.0m) ($42.0m) $386.0m
Changes In Cash — — — — — — ($508.0m) $421.0m ($421.0m) ($58.0m)
End Cash Position — — — — — — $164.0m $585.0m $164.0m $106.0m
Financing Cash Flow — — — — — — ($3.5b) ($2.2b) $4.4b ($1.0b)
Free Cash Flow — — — — — — $2.7b $1.2b ($5.4b) ($703.0m)
Gain Loss On Investment Securities — — — — — — ($264.0m) $149.0m ($188.0m) ($160.0m)
Investing Cash Flow — — — — — — ($3.3b) ($3.3b) ($11.2b) ($7.8b)
Issuance Of Capital Stock — — — — — — $0 $0 $476.0m $1.2b
Net PPE Purchase And Sale — — — — — — ($3.6b) ($4.7b) ($11.8b) ($9.5b)
Operating Gains Losses — — — — — — ($242.0m) $153.0m ($190.0m) ($216.0m)
Other Non Cash Items — — — — — — $85.0m $11.0m $133.0m ($430.0m)
Purchase Of PPE — — — — — — ($3.6b) ($4.7b) ($11.8b) ($9.5b)
Repurchase Of Capital Stock — — — — — — ($1.3b) ($840.0m) ($959.0m) ($2.0b)
Stock Based Compensation — — — — — $51.0m $55.0m $54.0m $65.0m —
Derivative, Gain (Loss) on Derivative, Net ($26.5m) ($84.2m) $221.7m ($188.0m) ($81.0m) ($848.0m) ($586.0m) ($259.0m) $137.0m $341.0m
Net Cash Provided by (Used in) Operating Activities $332.1m $888.6m $1.6b $2.7b $2.1b $3.9b $6.3b $5.9b $6.4b $8.8b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($3.6b) ($4.7b) ($11.8b) ($9.5b)
Gain (Loss) on Sale of Investments — — — — — $23.0m $0 — — —
Payments for (Proceeds from) Other Investing Activities $1.2m — — — ($33.0m) ($45.0m) $44.0m $16.0m ($99.0m) $18.0m
Net Other Investing Changes — — — — — — $283.0m $1.4b $566.0m $1.7b
Net Cash Provided by (Used in) Investing Activities ($1.3b) ($3.1b) ($3.5b) ($3.9b) ($2.1b) ($1.5b) ($3.3b) ($3.3b) ($11.2b) ($7.8b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $7.7b $5.2b $9.9b $15.0b
Long Term Debt Issuance — — — — — — $7.7b $5.2b $9.9b $15.0b
Net Issuance Payments Of Debt — — — — — — ($257.0m) $377.0m $6.4b $1.6b
Net Long Term Debt Issuance — — — — — — ($257.0m) $377.0m $6.4b $1.6b
Net Short Term Debt Issuance — — — — — $313.0m ($347.0m) $111.0m — —
Short Term Debt Issuance — — — — — $1.3b $5.2b $4.8b — —
Long Term Debt Payments — — — — — — ($8.0b) ($4.8b) ($3.5b) ($13.5b)
Repayment Of Debt — — — — — — ($8.0b) ($4.8b) ($3.5b) ($13.5b)
Short Term Debt Payments — — — — — ($1.0b) ($5.6b) ($4.7b) — —
Proceeds from Issuance of Common Stock $2.1b $370.3m $305.8m $1.1b $0 $0 $0 $0 $476.0m $1.2b
Common Stock Issuance — — — — — — $0 $0 $476.0m $1.2b
Net Common Stock Issuance — — — — — — ($1.3b) ($840.0m) ($483.0m) ($778.0m)
Payments for Repurchase of Common Stock — — — $593.0m $98.0m $431.0m $1.1b $840.0m $959.0m —
Payments of Ordinary Dividends, Common Stock — — $37.3m $112.0m $236.0m $312.0m $1.6b $1.4b $1.6b $1.2b
Common Stock Payments — — — — — — ($1.3b) ($840.0m) ($959.0m) ($2.0b)
Cash Dividends Paid — — — — — — ($1.6b) ($1.4b) ($1.6b) ($1.2b)
Common Stock Dividend Paid — — — — — — ($1.6b) ($1.4b) ($1.6b) ($1.2b)
Proceeds from (Payments for) Other Financing Activities — — — — ($8.0m) ($36.0m) ($69.0m) ($45.0m) ($149.0m) ($266.0m)
Net Other Financing Charges — — — — — — ($423.0m) ($269.0m) $75.0m ($648.0m)
Net Cash Provided by (Used in) Financing Activities $2.6b $689.5m $2.0b $1.1b ($37.0m) ($1.8b) ($3.5b) ($2.2b) $4.4b ($1.0b)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — ($1.6b) $103.0m ($92.0m) ($20.0m) $564.0m ($508.0m) $421.0m ($421.0m) ($58.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($1.6b) $103.0m $123.0m $108.0m $672.0m $164.0m $585.0m $164.0m $106.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($508.0m) $421.0m ($421.0m) ($58.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $38.2m $57.7m $113.9m $237.0m $235.0m $194.0m $135.0m $146.0m $269.0m $155.0m
Income Taxes Paid, Net — — — — — — $718.0m ($352.0m) ($605.0m) $1.2b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.