Continuous-wave diamond Raman lasers (DRLs) operated at high pump power commonly suffer from power roll-off and output instability, even when high-thermal-conductivity gain media are employed. These degradations originate from thermally induced cavity-mode mismatch and cavity-length drift, which limit further power scaling. In this work, we establish a thermo–optical chain-linked model that quantitatively describes the coupled evolution of thermal deposition, equivalent thermal lensing, intracavity-mode matching and output power in high-power DRLs, providing a direct physical link between pump power and cavity-length compensation. Based on this model, a peak–valley co-location criterion is proposed to determine the optimal cavity-length compensation point. Both theoretical and experimental results show that the output power exhibits a single-peak dependence on cavity-length offset, while the power stability follows a U-shaped distribution, and their extrema coincide at an optimal compensation value ΔL*. By operating at ΔL*, the maximum Stokes output power increases from 27 to 32 W, and the root mean square power fluctuation decreases from 4.8% to 3.2%. These results demonstrate that thermal-lens-induced performance degradation can be effectively mitigated by cavity-length compensation using a single control parameter, providing a practical design rule for simultaneous enhancement of output power and stability in high-power Raman laser systems.