Diamondback Energy (FANG) Tax Rate (2012 - 2026)
Diamondback Energy's (FANG) quarterly Tax Rate came in at 18.18% in Q1 2026, down 310.0% YoY from 8.66% in Q1 2025, and down 25.19% on a QoQ basis from 24.3% in Q4 2025.
Diamondback Energy (FANG) Tax Rate (2012 - 2026) Analysis & Trends
Diamondback Energy (FANG) has 15 years of Tax Rate data on file, last reported at 18.18% in 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 eased to 18.18% in Q1 2026, from 24.3% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.3% in Q4 2025 to a low of 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 increased by 2 bps to 20.71% in 2023, then plunged by 60 bps to 8.19% in 2024, then jumped by 197 bps to 24.3% in 2025, then declined by 25 bps to 18.18% in 2026.
- The last three Tax Rate figures came in at 18.18% (Q1 2026), 24.3% (Q4 2025), and 20.95% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 22.36% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 20.53% |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 22.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.01% |
| Jun 30, 2026 | 22.01% |
| Jun 30, 2026 | 22.01% |
| Mar 31, 2026 | 18.18% |
| Mar 31, 2026 | 18.18% |
| Mar 31, 2026 | 18.18% |
| Dec 31, 2025 | 24.30% |
| Dec 31, 2025 | 24.30% |
| Dec 31, 2025 | 24.30% |
| Sep 30, 2025 | 20.95% |
| Sep 30, 2025 | 20.95% |
| Sep 30, 2025 | 20.95% |
| Jun 30, 2025 | 21.63% |
| Jun 30, 2025 | 21.63% |
| Jun 30, 2025 | 21.63% |
| Mar 31, 2025 | 21.28% |
| Mar 31, 2025 | 21.28% |
| Mar 31, 2025 | 21.28% |
| Dec 31, 2024 | 8.19% |
| Dec 31, 2024 | 8.19% |