Expand Energy vs Diamondback Energy
Diamondback Energy is the larger business, with $15.03bn of revenue in fiscal 2025 against $12.12bn for Expand Energy (1.2 times as much). Expand Energy grew faster (186.3% against 35.8%). Expand Energy kept more of each dollar of sales as profit: a net margin of 15.0% against 11.1%.
| Latest fiscal year | Expand EnergyEXE, 2025 | Diamondback EnergyFANG, 2025 |
|---|---|---|
| Revenue | $12.12bn | $15.03bn |
| Revenue growth | 186.3% | 35.8% |
| Net income | $1.82bn | $1.66bn |
| Operating margin | 20.4% | — |
| Net margin | 15.0% | 11.1% |
| Return on equity | 10.1% | 4.5% |
| Free cash flow | $1.84bn | $2.82bn |
| Cash | $616m | $104m |
| Total debt | $5.03bn | $14.49bn |
| Debt to equity | 27.0% | — |
| Dividend per share | — | $4.00 |
| Dividend yield | 2.6% | 2.1% |
| Share buybacks | $100m | — |
| Employees | 1,600 | 1,983 |
| Market value | $20.87bn | $54.23bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 45 (Moderate) | 56 (Moderate) |
| Insider trades, 12 months | 7 buys, 0 sales | 0 buys, 97 sales |