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Diamondback Energy (FANG) Rent Expense (2017 - 2025)

Diamondback Energy (FANG) has disclosed Rent Expense for 9 consecutive years, with $490.0 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Rent Expense rose 55.06% year-over-year to $490.0 million, compared with a TTM value of $1.8 billion through Sep 2025, up 66.73%, and an annual FY2024 reading of $1.3 billion, up 47.48% over the prior year.
  • Rent Expense was $490.0 million for Q3 2025 at Diamondback Energy, up from $440.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $490.0 million in Q3 2025 and bottomed at $102.0 million in Q1 2021.
  • Average Rent Expense over 5 years is $248.1 million, with a median of $200.0 million recorded in 2023.
  • The sharpest move saw Rent Expense dropped 19.69% in 2021, then skyrocketed 81.5% in 2024.
  • Year by year, Rent Expense stood at $150.0 million in 2021, then increased by 7.33% to $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 increased by 6.29% to $490.0 million in 2025.
  • Business Quant data shows Rent Expense for FANG at $490.0 million in Q3 2025, $440.0 million in Q2 2025, and $408.0 million in Q1 2025.