Diamondback Energy (FANG) Rent Expense (2017 - 2026)
Diamondback Energy (FANG) recorded quarterly Rent Expense of $547.0 million in Q1 2026, up 3.8% on a QoQ basis from $527.0 million in Q4 2025, and up 34.07% year-over-year from $408.0 million in Q1 2025.
Diamondback Energy (FANG) Rent Expense (2017 - 2026) Analysis & Trends
Diamondback Energy has disclosed Rent Expense across 10 years of filings, most recently posting $547.0 million for Q1 2026.
- Quarterly Rent Expense rose 34.07% year-over-year to $547.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 39.26% YoY) and the FY2025 annual result came in at $1.9 billion, up 45.02% from the prior year.
- Rent Expense advanced to $547.0 million in Q1 2026, from $527.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $547.0 million in Q1 2026 and troughed at $149.0 million in Q1 2022.
- A 5-year average of $307.2 million and a median of $254.0 million in 2023 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2022 — Rent Expense climbed 1.27% — and 2024, when it soared 81.5%.
- Tracing FANG's Rent Expense over 5 years: stood at $161.0 million in 2022, then surged by 57.76% to $254.0 million in 2023, then soared by 81.5% to $461.0 million in 2024, then gained by 14.32% to $527.0 million in 2025, then increased by 3.8% to $547.0 million in 2026.
- Business Quant data shows FANG's Rent Expense at $547.0 million in Q1 2026, $527.0 million in Q4 2025, and $490.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 462.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 547.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 547.00 Mn |
| Mar 31, 2026 | 547.00 Mn |
| Dec 31, 2025 | 527.00 Mn |
| Dec 31, 2025 | 527.00 Mn |
| Sep 30, 2025 | 490.00 Mn |
| Sep 30, 2025 | 490.00 Mn |
| Jun 30, 2025 | 440.00 Mn |
| Jun 30, 2025 | 440.00 Mn |
| Mar 31, 2025 | 408.00 Mn |
| Mar 31, 2025 | 408.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Sep 30, 2024 | 316.00 Mn |
| Sep 30, 2024 | 316.00 Mn |
| Jun 30, 2024 | 254.00 Mn |
| Jun 30, 2024 | 254.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Mar 31, 2024 | 255.00 Mn |
| Dec 31, 2023 | 254.00 Mn |
| Dec 31, 2023 | 254.00 Mn |