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| Date | Value |
|---|---|
| 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% |