Viper Energy, Inc. (VNOM) stock
VNOMNasdaqCrude Petroleum & Natural GasFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 11/30163% above fair value
$42.34+1.46 (+3.57%)
Close on Nov 13, 2026Market cap $15.21BP/E –Yield –
Viper Energy profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Viper Energy's profit margin for the twelve months ending Sep 30, 2026 was 12.1%. For fiscal 2025 it was -4.9%, against 41.7% the year before. The highest annual figure on record is 64.8% in fiscal 2017.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -4.9% | −46.6 |
| FY2024 | Dec 31, 2024 | 41.7% | +17.5 |
| FY2023 | Dec 31, 2023 | 24.2% | +6.6 |
| FY2022 | Dec 31, 2022 | 17.5% | +6.0 |
| FY2021 | Dec 31, 2021 | 11.5% | +88.2 |
| FY2020 | Dec 31, 2020 | -76.7% | −92.2 |
| FY2019 | Dec 31, 2019 | 15.5% | −34.3 |
| FY2018 | Dec 31, 2018 | 49.8% | −15.0 |
| FY2017 | Dec 31, 2017 | 64.8% | +78.6 |
| FY2016 | Dec 31, 2016 | -13.8% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 21.2% | +39.6 |
| Q2 FY2026 | Jun 30, 2026 | 21.0% | +8.5 |
| Q1 FY2026 | Mar 31, 2026 | 19.0% | −11.6 |
| Q4 FY2025 | Dec 31, 2025 | -23.7% | −115.4 |
| Q3 FY2025 | Sep 30, 2025 | -18.4% | −41.6 |
| Q2 FY2025 | Jun 30, 2025 | 12.5% | −13.9 |
| Q1 FY2025 | Mar 31, 2025 | 30.6% | +9.6 |
| Q4 FY2024 | Dec 31, 2024 | 91.7% | +64.0 |
| Q3 FY2024 | Sep 30, 2024 | 23.2% | −3.6 |
| Q2 FY2024 | Jun 30, 2024 | 26.4% | +7.4 |
| Q1 FY2024 | Mar 31, 2024 | 21.0% | +0.9 |
| Q4 FY2023 | Dec 31, 2023 | 27.7% | +17.1 |
| Q3 FY2023 | Sep 30, 2023 | 26.8% | −9.0 |
| Q2 FY2023 | Jun 30, 2023 | 19.0% | +4.8 |
| Q1 FY2023 | Mar 31, 2023 | 20.1% | +11.9 |
| Q4 FY2022 | Dec 31, 2022 | 10.7% | −13.1 |
| Q3 FY2022 | Sep 30, 2022 | 35.8% | +22.7 |
| Q2 FY2022 | Jun 30, 2022 | 14.2% | +10.1 |
| Q1 FY2022 | Mar 31, 2022 | 8.2% | +11.3 |
| Q4 FY2021 | Dec 31, 2021 | 23.8% | +60.0 |
| Q3 FY2021 | Sep 30, 2021 | 13.1% | +14.4 |
| Q2 FY2021 | Jun 30, 2021 | 4.1% | +70.7 |
| Q1 FY2021 | Mar 31, 2021 | -3.1% | +177.6 |
| Q4 FY2020 | Dec 31, 2020 | -36.2% | −38.7 |
| Q3 FY2020 | Sep 30, 2020 | -1.2% | −12.3 |
| Q2 FY2020 | Jun 30, 2020 | -66.6% | −69.7 |
| Q1 FY2020 | Mar 31, 2020 | -180.7% | −235.5 |
| Q4 FY2019 | Dec 31, 2019 | 2.5% | +3.4 |
| Q3 FY2019 | Sep 30, 2019 | 11.1% | +8.0 |
| Q2 FY2019 | Jun 30, 2019 | 3.1% | −128.9 |
| Q1 FY2019 | Mar 31, 2019 | 54.8% | −14.1 |
| Q4 FY2018 | Dec 31, 2018 | -0.9% | −72.0 |
| Q3 FY2018 | Sep 30, 2018 | 3.0% | −59.5 |
| Q2 FY2018 | Jun 30, 2018 | 132.1% | +71.6 |
| Q1 FY2018 | Mar 31, 2018 | 69.0% | – |
| Q4 FY2017 | Dec 31, 2017 | 71.0% | – |
| Q3 FY2017 | Sep 30, 2017 | 62.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 60.5% | – |
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