Diamondback Energy (FANG) Tax Rate (2012 - 2026)

Diamondback Energy (FANG) recorded quarterly Tax Rate of 18.18% in Q1 2026, down 25.19% on a QoQ basis from 24.3% in Q4 2025, and down 310.0% year-over-year from 8.66% in Q1 2025.

Diamondback Energy (FANG) Tax Rate (2012 - 2026) Analysis & Trends

Diamondback Energy has disclosed Tax Rate across 15 years of filings, most recently posting 18.18% for Q1 2026.

  • Quarterly Tax Rate fell 310.0% year-over-year to 18.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.21% (down 4648.0% YoY) and the FY2025 annual result came in at 17.45%, down 32.0% from the prior year.
  • Tax Rate retreated to 18.18% in Q1 2026, from 24.3% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.3% in Q4 2025 and troughed at 8.19% in Q4 2024.
  • A 5-year average of 20.54% and a median of 21.58% in 2022 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate plunged 1252 bps — and 2025, when it soared 1612 bps.
  • Tracing FANG's Tax Rate over 5 years: stood at 20.25% in 2022, then gained by 2 bps to 20.71% in 2023, then slumped by 60 bps to 8.19% in 2024, then soared by 197 bps to 24.3% in 2025, then retreated by 25 bps to 18.18% in 2026.
  • Business Quant data shows FANG's Tax Rate at 18.18% in Q1 2026, 24.3% in Q4 2025, and 20.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 32.08%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 35.09%
4 Eog Resources 72.93 Bn 69.08 Bn - 22.50%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 39.49%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 18.18%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -24.95%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 21.81%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 41.73%
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 143.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.18%
Mar 31, 2026 18.18%
Dec 31, 2025 24.30%
Dec 31, 2025 24.30%
Sep 30, 2025 20.95%
Sep 30, 2025 20.95%
Jun 30, 2025 21.63%
Jun 30, 2025 21.63%
Mar 31, 2025 21.28%
Mar 31, 2025 21.28%
Dec 31, 2024 8.19%
Dec 31, 2024 8.19%
Sep 30, 2024 22.88%
Sep 30, 2024 22.88%
Jun 30, 2024 21.99%
Jun 30, 2024 21.99%
Mar 31, 2024 21.61%
Mar 31, 2024 21.61%
Dec 31, 2023 20.71%
Dec 31, 2023 20.71%