Viper Energy
VNOM
41.07
-0.52
-1.25%
Viper Energy
US · VNOM
#1147 by market cap
Listed 1970
41.07
-0.52
-1.25%
Live - 5344 symbols - heartbeat 345s ago
· 2026-10-08 08:02
Pre-market
41.73
+1.61%
After-hours
41.04
-0.07%
Overnight
41.07
0.00%
- Market cap
- 7.98B
- P/E (TTM)i
- -410.70
- P/Bi
- 1.59
- EPSi
- -0.48
- Div yieldi
- 5.62%
- 52W posi
- 46%
Reader sentiment
Are you bullish or bearish on VNOM?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 8 years
Margins
- Gross margin
- 49.71%
- Operating margin
- 45.05%
- Net margin
- -4.95%
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross profit | 210.81M | 200.67M | 129.22M | 368.75M | 688.32M | 631.00M | 585.00M | 693.00M |
| Selling & admin expenses | 7.96M | 7.49M | 8.17M | 7.80M | 8.54M | 11.00M | 19.00M | 35.00M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 202.99M | 193.54M | 122.12M | 361.57M | 680.48M | 620.00M | 567.00M | 628.00M |
| Pretax profit | 190.51M | 179.63M | -50.95M | 258.20M | 622.35M | 547.00M | 504.00M | -225.00M |
| Tax | -72.37M | -41.58M | 142.47M | 1.52M | -32.65M | 46.00M | -100.00M | -19.00M |
| Net profit | 262.88M | 221.21M | -193.41M | 256.68M | 655.00M | 501.00M | 604.00M | -206.00M |
| Basic EPS | 2 | 1 | -3 | 1 | 2 | 3 | 4 | 0 |
| Diluted EPS | 2.01 | 0.75 | -2.84 | 0.85 | 2.00 | 2.69 | 3.82 | -0.48 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- |
| Gross profit | 161.00M | 152.00M | 209.00M | 171.00M | 270.00M | 435.00M |
| Selling & admin expenses | 6.00M | 7.00M | 10.00M | 12.00M | 13.00M | 11.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 155.00M | 135.00M | 199.00M | 129.00M | 253.00M | 428.00M |
| Pretax profit | 174.00M | 91.00M | -223.00M | -267.00M | 243.00M | 403.00M |
| Tax | 21.00M | 7.00M | -26.00M | -21.00M | 28.00M | 72.00M |
| Net profit | 153.00M | 84.00M | -197.00M | -246.00M | 215.00M | 331.00M |
| Basic EPS | 1 | 0 | -1 | -1 | 1 | 1 |
| Diluted EPS | 0.62 | 0.28 | -0.52 | -0.61 | 0.53 | 0.73 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 65.25M | 72.66M | 53.99M | 111.15M | 118.62M | 143.52M | 238.00M | 413.00M |
| Cash & ST investments | 22.68M | 3.60M | 19.12M | 39.45M | 18.18M | 25.87M | 27.00M | 13.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 1.65B | 2.79B | 2.46B | 3.03B | 2.92B | 3.97B | 5.07B | 12.67B |
| Total current liabilities | 6.02M | 13.43M | 44.90M | 24.47M | 21.95M | 33.26M | 49.00M | 111.00M |
| Short-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | 411.00M | 586.77M | 555.64M | 776.73M | 576.90M | 1.08B | 1.08B | 2.19B |
| Total liabilities | 417,022,000.00 | 600,206,000.00 | 600,542,000.00 | 801,193,000.00 | 598,848,000.00 | 1,116,539,000.00 | 1,162,000,000.00 | 2,308,000,000.00 |
| Total equity | 1.24B | 2.19B | 1.86B | 2.23B | 2.32B | 2.86B | 3.91B | 10.36B |
| Retained earnings | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 792.00M | 443.00M | 887.00M | 413.00M | 469.00M | 580.00M |
| Cash & ST investments | 560.00M | 28.00M | 53.00M | 13.00M | 28.00M | 77.00M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 6.24B | 9.79B | 13.69B | 12.67B | 12.05B | 12.06B |
| Total current liabilities | 91.00M | 72.00M | 472.00M | 111.00M | 76.00M | 91.00M |
| Short-term debt | -- | -- | 380.00M | -- | -- | -- |
| Long-term debt | 822.00M | 1.10B | 2.24B | 2.19B | 1.60B | 1.68B |
| Total liabilities | 915,000,000.00 | 1,177,000,000.00 | 2,747,000,000.00 | 2,308,000,000.00 | 1,683,000,000.00 | 1,773,000,000.00 |
| Total equity | 5.32B | 8.61B | 10.94B | 10.36B | 10.37B | 10.28B |
| Retained earnings | 108.00M | 70.00M | -76.00M | -- | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 244.49M | 236.69M | 196.56M | 307.11M | 699.80M | 638.00M | 620.00M | 1.05B |
| Depreciation & amortization | 58.83M | 78.18M | 100.50M | 102.99M | 121.07M | 146.00M | 214.00M | 607.00M |
| Free cash flow | -370.33M | -293.88M | 130.88M | 25.94M | 635.67M | -270.00M | -76.00M | -1.37B |
| Dividends paid | -253.44M | -240.29M | -107.96M | -176.63M | -416.94M | -325.00M | -474.00M | -689.00M |
| Stock buybacks / issuance | 305.77M | 340.86M | -24.03M | -46.00M | -150.59M | 105.00M | 476.00M | 1.04B |
| Ending cash balance | 22.68M | 3.60M | 19.12M | 39.45M | 18.18M | 26.00M | 27.00M | 13.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 201.00M | 172.00M | 281.00M | 399.00M | 328.00M | 487.00M |
| Depreciation & amortization | 67.00M | 124.00M | 182.00M | 234.00M | 206.00M | 195.00M |
| Free cash flow | -285.00M | -602.00M | -816.00M | 332.00M | 298.00M | 384.00M |
| Dividends paid | -144.00M | -184.00M | -159.00M | -202.00M | -193.00M | -255.00M |
| Stock buybacks / issuance | 1.23B | -10.00M | -90.00M | -94.00M | -96.00M | -132.00M |
| Ending cash balance | 560.00M | 28.00M | 443.00M | 13.00M | 28.00M | 77.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 19.77 | 6.28 | -24.56 | 8.02 | 20.10 | 23.44 | 26.55 | -2.25 |
| ROA %i | 10.80 | 2.08 | -7.33 | 2.12 | 5.08 | 5.80 | 7.93 | -0.78 |
| ROIC %i | 15.72 | 4.99 | -12.42 | 6.61 | 12.68 | 14.54 | 16.99 | 0.35 |
| 5-year avg ROE %i | 9.21 | 8.79 | 2.93 | 4.94 | 9.31 | 13.25 | 17.31 | 21.77 |
| EBIT margin %i | 70.79 | 67.37 | -7.19 | 57.95 | 76.55 | 72.11 | 67.20 | -8.75 |
| FCF / sales %i | -- | -- | 52.44 | 5.14 | 73.56 | -- | -- | -- |
| Current ratioi | 10.83 | 5.41 | 1.20 | 4.54 | 5.41 | 4.32 | 4.86 | 3.72 |
| Quick ratioi | 10.79 | 5.38 | 1.19 | 4.50 | 4.87 | 4.17 | 4.22 | 3.27 |
| Debt / assetsi | 24.85 | 21.06 | 22.57 | 25.60 | 19.75 | 27.25 | 21.37 | 17.25 |
| LT debt / equityi | 75.82 | 63.02 | 87.47 | 95.32 | -- | 106.78 | 64.20 | 49.15 |
| Interest coveragei | 14.76 | 9.52 | -0.54 | 8.58 | 16.40 | 12.19 | 7.82 | -1.18 |
| Revenue CAGR (3Y) %i | 56.82 | 55.56 | 13.20 | 20.43 | 42.70 | 49.09 | 19.47 | 17.21 |
| Net income CAGR (3Y) %i | 80.65 | -- | -- | -26.17 | 48.54 | -- | 83.67 | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 20.82 | 16.44 | 8.09 | -2.25 | -1.21 | 1.37 |
| ROA %i | 7.62 | 5.42 | 2.72 | -0.78 | -0.51 | 0.53 |
| ROIC %i | 15.54 | 12.66 | 6.16 | 0.35 | 1.19 | 2.51 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 70.33 | 59.73 | 21.18 | -8.75 | -2.35 | 13.85 |
| FCF / sales %i | -- | -- | -- | -- | -- | 9.73 |
| Current ratioi | 8.70 | 6.15 | 1.88 | 3.72 | 6.17 | 6.37 |
| Quick ratioi | 8.23 | 5.86 | 0.93 | 3.27 | 5.63 | 6.21 |
| Debt / assetsi | 13.18 | 11.22 | 19.15 | 17.25 | 13.31 | 13.92 |
| LT debt / equityi | 30.74 | 32.11 | 48.51 | 49.15 | 31.35 | 33.33 |
| Interest coveragei | 9.47 | 9.17 | 3.15 | -1.18 | -0.33 | 2.24 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Oil income is the largest reported line at 86.48% of revenue, across 5 reported segments.
- The next-largest line, Natural gas liquids income, is a distant second at 11.14% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Oil income86.48%
Natural gas liquids income11.14%
Lease bonus income1.63%
Lease bonus income-related party0.59%
Natural gas income0.15%
Quote time 2026-10-08 08:02:32 · For reference only, not investment advice and not tailored to your situation.