Viper Energy, Inc. (VNOM)
NASDAQ: VNOM · Real-Time Price · USD
43.05
+0.76 (1.80%)
Aug 17, 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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,9341,325817827865.77504.3
Revenue Growth
105.31%62.18%-1.21%-4.48%71.68%102.07%
Gross Profit
1,9341,325817777809.4471.74
Operating Income
1,078672578594662.34292.16
Net Income
58-69359200151.6757.75
Earnings Per Share
0.33-0.483.822.692.000.85
EPS Growth
-89.95%-42.01%34.50%136.62%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil
1,6991,131750.24619.18667.28397.51
Natural Gas
485614.8130.9583.1549.2
Natural Gas Liquids
22215988.5266.9887.5554.82
Lease Bonus - Related Party
42240.23107.8223.372.76
Lease Bonus - Third Party
25245.941.864.42-
Other Operating
-10.640.910.70.62
Revenue (Total)
2,0411,395861828866.47504.92

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
77132725.8718.1839.45
Total Debt
1,6782,1861,0831,083576.9776.73
Net Cash (Debt)
-1,601-2,173-1,056-1,057-558.72-737.28
Net Cash Growth
------
Net Cash Per Share
-9.24-15.25-11.24-14.25-7.38-10.78

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,4951,053620638699.8307.11
Capital Expenditures
-1,297-2,424-696-908-64.13-281.18
Free Cash Flow
198-1,371-76-270635.6725.94
Free Cash Flow Growth
----2350.71%-80.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%100.00%93.95%93.49%93.54%
Operating Margin
55.74%50.72%70.75%71.83%76.50%57.94%
Pretax Margin
8.07%-16.98%61.69%66.14%71.88%51.20%
Profit Margin
3.00%-5.21%43.94%24.18%17.52%11.45%
FCF Margin
10.24%-103.47%-9.30%-32.65%73.42%5.14%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.5002.2002.4900.5602.4601.430
Dividend Per Share Growth
3.81%-11.65%344.64%-77.24%72.03%286.49%
Dividend Yield
5.81%5.94%5.61%2.09%--

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
129.75-14.0813.67--
Forward PE
17.3125.5426.0510.08--
PS Ratio
8.004.916.193.31--