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Side-by-side financial comparison of Diamondback Energy (FANG) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

Diamondback Energy is the larger business by last-quarter revenue ($3.4B vs $2.8B, roughly 1.2× PAN AMERICAN SILVER CORP).

Diamondback Energy, headquartered in Midland, Texas, is an American company engaged in hydrocarbon exploration in the Permian Basin.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

FANG vs PAAS — Head-to-Head

Bigger by revenue
FANG
FANG
1.2× larger
FANG
$3.4B
$2.8B
PAAS

Income Statement — Q4 FY2025 vs Q3 FY2022

Metric
FANG
FANG
PAAS
PAAS
Revenue
$3.4B
$2.8B
Net Profit
$-1.5B
Gross Margin
27.0%
Operating Margin
-82.4%
Net Margin
-43.2%
Revenue YoY
-9.0%
Net Profit YoY
-235.8%
EPS (diluted)
$-4.99
$-1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FANG
FANG
PAAS
PAAS
Q4 25
$3.4B
Q3 25
$3.9B
Q2 25
$3.7B
Q1 25
$4.0B
Q4 24
$3.7B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.2B
Net Profit
FANG
FANG
PAAS
PAAS
Q4 25
$-1.5B
Q3 25
$1.0B
Q2 25
$699.0M
Q1 25
$1.4B
Q4 24
$1.1B
Q3 24
$659.0M
Q2 24
$837.0M
Q1 24
$768.0M
Operating Margin
FANG
FANG
PAAS
PAAS
Q4 25
-82.4%
Q3 25
31.5%
Q2 25
31.0%
Q1 25
41.3%
Q4 24
38.0%
Q3 24
26.8%
Q2 24
46.6%
Q1 24
50.2%
Net Margin
FANG
FANG
PAAS
PAAS
Q4 25
-43.2%
Q3 25
25.9%
Q2 25
19.0%
Q1 25
34.7%
Q4 24
28.9%
Q3 24
24.9%
Q2 24
33.7%
Q1 24
34.5%
EPS (diluted)
FANG
FANG
PAAS
PAAS
Q4 25
$-4.99
Q3 25
$3.51
Q2 25
$2.38
Q1 25
$4.83
Q4 24
$3.40
Q3 24
$3.19
Q2 24
$4.66
Q1 24
$4.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FANG
FANG
PAAS
PAAS
Cash + ST InvestmentsLiquidity on hand
$104.0M
Total DebtLower is stronger
$13.7B
Stockholders' EquityBook value
$37.0B
Total Assets
$71.1B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FANG
FANG
PAAS
PAAS
Q4 25
$104.0M
Q3 25
$159.0M
Q2 25
$219.0M
Q1 25
$1.8B
Q4 24
$161.0M
Q3 24
$370.0M
Q2 24
$6.9B
Q1 24
$896.0M
Total Debt
FANG
FANG
PAAS
PAAS
Q4 25
$13.7B
Q3 25
$15.8B
Q2 25
$15.1B
Q1 25
$13.0B
Q4 24
$12.1B
Q3 24
$11.9B
Q2 24
$12.0B
Q1 24
$6.6B
Stockholders' Equity
FANG
FANG
PAAS
PAAS
Q4 25
$37.0B
Q3 25
$39.1B
Q2 25
$38.9B
Q1 25
$38.5B
Q4 24
$37.7B
Q3 24
$37.4B
Q2 24
$17.4B
Q1 24
$16.9B
Total Assets
FANG
FANG
PAAS
PAAS
Q4 25
$71.1B
Q3 25
$76.2B
Q2 25
$71.9B
Q1 25
$70.1B
Q4 24
$67.3B
Q3 24
$65.7B
Q2 24
$35.6B
Q1 24
$29.7B
Debt / Equity
FANG
FANG
PAAS
PAAS
Q4 25
0.37×
Q3 25
0.41×
Q2 25
0.39×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.69×
Q1 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FANG
FANG
PAAS
PAAS
Operating Cash FlowLast quarter
$2.3B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FANG
FANG
PAAS
PAAS
Q4 25
$2.3B
Q3 25
$2.4B
Q2 25
$1.7B
Q1 25
$2.4B
Q4 24
$2.3B
Q3 24
$1.2B
Q2 24
$1.5B
Q1 24
$1.3B
Cash Conversion
FANG
FANG
PAAS
PAAS
Q4 25
Q3 25
2.34×
Q2 25
2.40×
Q1 25
1.68×
Q4 24
2.18×
Q3 24
1.83×
Q2 24
1.83×
Q1 24
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FANG
FANG

Oil Explorationand Production$2.7B81%
Oil Purchased$308.0M9%
Natural Gas Liquids Production$293.0M9%
Natural Gas Production$4.0M0%

PAAS
PAAS

Segment breakdown not available.

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