Diamondback Energy (FANG) Long-Term Deferred Tax (2015 - 2025)
Diamondback Energy's (FANG) quarterly Long-Term Deferred Tax came in at $42.0 million in Q2 2025, up 31.25% YoY from $32.0 million in Q2 2024, and down 82.13% on a QoQ basis from $235.0 million in Q1 2025.
Diamondback Energy (FANG) Long-Term Deferred Tax (2015 - 2025) Analysis & Trends
Diamondback Energy (FANG) has 10 years of Long-Term Deferred Tax data on file, last reported at $42.0 million in Q2 2025.
- Quarterly Long-Term Deferred Tax rose 31.25% year-over-year to $42.0 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $42.0 million (up 31.25% YoY) and the FY2024 annual result came in at $173.0 million, up 284.44% from the prior year.
- Long-Term Deferred Tax declined to $42.0 million in Q2 2025, from $235.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $235.0 million in Q1 2025 to a low of $25.0 million in Q3 2021.
- A 5-year average of $64.7 million and a median of $52.5 million in 2023 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2021 — Long-Term Deferred Tax slumped 66.67% — and 2025, when it jumped 285.25%.
- Tracing FANG's Long-Term Deferred Tax over 5 years: stood at $40.0 million in 2021, then soared by 60.0% to $64.0 million in 2022, then fell by 29.69% to $45.0 million in 2023, then soared by 284.44% to $173.0 million in 2024, then tumbled by 75.72% to $42.0 million in 2025.
- The last three Long-Term Deferred Tax figures came in at $42.0 million (Q2 2025), $235.0 million (Q1 2025), and $173.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 42.00 Mn |
| Mar 31, 2025 | 235.00 Mn |
| Dec 31, 2024 | 173.00 Mn |
| Sep 30, 2024 | 62.00 Mn |
| Jun 30, 2024 | 32.00 Mn |
| Mar 31, 2024 | 61.00 Mn |
| Dec 31, 2023 | 45.00 Mn |
| Sep 30, 2023 | 60.00 Mn |
| Jun 30, 2023 | 60.00 Mn |
| Mar 31, 2023 | 62.00 Mn |
| Dec 31, 2022 | 64.00 Mn |
| Sep 30, 2022 | 74.00 Mn |
| Jun 30, 2022 | 33.00 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | 40.00 Mn |
| Sep 30, 2021 | 25.00 Mn |
| Jun 30, 2021 | 28.00 Mn |
| Mar 31, 2021 | 32.00 Mn |
| Dec 31, 2020 | 73.00 Mn |
| Sep 30, 2020 | 75.00 Mn |