Diamondback Energy (FANG) Tax Rate (2012 - 2026)
Diamondback Energy (FANG) recorded Tax Rate of 22.01% in Q2 2026, up 0.38 percentage points from 21.63% a year earlier and up 3.83 percentage points from the prior quarter.
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Analysis
Diamondback Energy (FANG) Tax Rate (2012 - 2026) Analysis & Trends
On a TTM basis, Diamondback Energy's Tax Rate came in at 17.97% as of Jun 30, 2026, down 0.10 percentage points year-over-year; for FY2025, it was 17.45%, down 0.32 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -1.66 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 17.77% in FY2024 (-3.70 pp), 21.47% in FY2023 (+1.00 pp), 20.47% in FY2022 (-1.24 pp) and 21.71% in FY2021 (+2.59 pp).
- Quarterly Tax Rate has ranged from 8.19% in Q4 2024 to 24.30% in Q4 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in three of the last eight quarters, with an average year-over-year change of -0.08 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 16.12 percentage points in Q4 2025, against a drop of 12.52 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.18% (Q1 2026), 24.30% (Q4 2025) and 20.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 745.14 Bn | 701.62 Bn | - | 23.39% |
| 2 | Chevron | 442.75 Bn | 414.87 Bn | 33.45 Bn | 26.95% |
| 3 | Shell | 310.19 Bn | 239.94 Bn | 30.13 Bn | 31.41% |
| 4 | TotalEnergies SE | 197.65 Bn | 78.24 Bn | 61.77 Bn | 20.57% |
| 5 | Conocophillips | 176.25 Bn | 148.96 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 119.64 Bn | 34.10 Bn | - | - |
| 7 | Phillips 66 | 115.95 Bn | 103.74 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 113.35 Bn | 110.35 Bn | 8.84 Bn | 18.22% |
| 9 | Suncor Energy | 95.50 Bn | 81.24 Bn | - | - |
| 10 | Diamondback Energy | 56.82 Bn | 55.92 Bn | - | 22.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.01% |
| Mar 31, 2026 | 18.18% |
| 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% |
| Jun 30, 2021 | 22.27% |
API Access
Diamondback Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FANG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FANG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FANG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();