Viper Energy, Inc. (VNOM)
NASDAQ: VNOM · Real-Time Price · USD
43.04
-2.09 (-4.63%)
Jul 27, 2026, 4:00 PM EDT - Market closed

Viper Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,6611,395861828866.47504.92
Revenue Growth
84.35%62.02%3.99%-4.44%71.61%101.46%
Gross Profit
1,5491,301800778810.1472.36
Operating Income
-42-140567620680.48361.57
Net Income
-46-68359200151.6757.94
Earnings Per Share
-0.32-0.483.822.691.100.85
EPS Growth
--42.01%144.54%29.41%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil
1,3581,131750.24619.18667.28397.51
Natural Gas
575614.8130.9583.1549.2
Natural Gas Liquids
18315988.5266.9887.5554.82
Lease Bonus - Related Party
-240.23107.8223.372.76
Lease Bonus - Third Party
24245.941.864.42-
Other Operating
-10.640.910.70.62
Revenue (Total)
1,6611,395861828866.47504.92

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
28132725.8718.1839.45
Total Debt
1,6032,1861,0831,083576.9776.73
Net Cash (Debt)
-1,575-2,173-1,056-1,057-558.72-737.28
Net Cash Growth
------
Net Cash Per Share
-10.00-15.25-11.24-14.25-40.71-43.57

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,1801,053620638699.8307.11
Capital Expenditures
-682-2,424-696-905-64.13-281.18
Free Cash Flow
498-1,371-76-267635.6725.94
Free Cash Flow Growth
----2350.71%-80.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
93.26%93.26%92.92%93.96%93.49%93.55%
Operating Margin
-2.53%-10.04%65.85%74.88%78.54%71.61%
Pretax Margin
-9.39%-16.13%58.54%66.06%71.83%51.14%
Profit Margin
-8.67%-14.77%70.15%60.51%75.59%50.84%
FCF Margin
29.98%-98.28%-8.83%-32.25%73.36%5.14%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.4102.2002.4900.5602.4601.430
Dividend Per Share Growth
-6.48%-11.65%344.64%-77.24%72.03%286.49%
Dividend Yield
5.34%12.51%10.28%13.96%95.57%48.98%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
--12.8511.6728.9025.07
Forward PE
15.7025.5426.0510.08--
P/FCF Ratio
----3.6664.53
PS Ratio
9.724.735.873.262.693.32