Diamondback Energy (FANG) Tax Rate (2012 - 2026)
Diamondback Energy's (FANG) quarterly Tax Rate came in at 22.01% in Q2 2026, up 38.0% on a YoY basis from 15.95% in Q2 2025, and up 21.06% quarter-over-quarter from 18.18% in Q1 2026.
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Diamondback Energy (FANG) Tax Rate (2012 - 2026) Analysis & Trends
Diamondback Energy (FANG) has reported Tax Rate for 15 consecutive years, with 22.01% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 38.0% year-over-year to 22.01%; the trailing twelve-month figure through Jun 2026 stood at 17.97% (down 10.0% YoY), and the FY2025 full-year result was 17.45%, down 32.0% from the prior year.
- Tax Rate grew to 22.01% in Q2 2026 per FANG's latest filing, from 18.18% in the prior quarter.
- Across five years, Tax Rate topped out at 24.3% in Q4 2025 and bottomed at 8.19% in Q4 2024.
- Historically, Tax Rate has averaged 20.62% across 5 years, with a median of 21.6% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 1252 bps in 2024, then jumped 1612 bps in 2025.
- Over 5 years, Tax Rate 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 9 bps to 22.01% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 22.01%, 18.18%, and 24.3% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.36 Bn | 156.67 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.68 Bn | 104.79 Bn | 8.84 Bn | 18.22% |
| 3 | Eog Resources | 76.28 Bn | 71.37 Bn | - | 22.15% |
| 4 | Diamondback Energy | 56.90 Bn | 56.44 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 45.81 Bn | 44.80 Bn | 6.02 Bn | 22.36% |
| 6 | Expand Energy | 22.75 Bn | 21.48 Bn | 2.33 Bn | 22.32% |
| 7 | Permian Resources | 19.77 Bn | 19.51 Bn | - | 21.99% |
| 8 | Ovintiv | 17.88 Bn | 16.99 Bn | 2.83 Bn | 15.40% |
| 9 | Apa | 15.64 Bn | 15.20 Bn | 2.28 Bn | 18.32% |
| 10 | Antero Resources | 11.97 Bn | 11.40 Bn | 1.56 Bn | 21.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.01% |
| Mar 31, 2026 | 18.18% |
| Dec 31, 2025 | 24.30% |
| Sep 30, 2025 | 20.95% |
| Jun 30, 2025 | 21.63% |
| Mar 31, 2025 | 21.28% |
| Dec 31, 2024 | 8.19% |
| Sep 30, 2024 | 22.88% |
| Jun 30, 2024 | 21.99% |
| Mar 31, 2024 | 21.61% |
| Dec 31, 2023 | 20.71% |
| Sep 30, 2023 | 21.75% |
| Jun 30, 2023 | 21.97% |
| Mar 31, 2023 | 21.72% |
| Dec 31, 2022 | 20.25% |
| Sep 30, 2022 | 18.59% |
| Jun 30, 2022 | 21.58% |
| Mar 31, 2022 | 21.58% |
| Dec 31, 2021 | 20.98% |
| Sep 30, 2021 | 22.26% |