Viper Energy, Inc. (VNOM)
NASDAQ: VNOM · Real-Time Price · USD
40.70
+1.00 (2.52%)
Nov 6, 2026, 2:12 PM EST - Market open

Viper Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,1611,325817827865.77504.3
Revenue Growth
91.07%62.18%-1.21%-4.48%71.68%102.07%
Gross Profit
2,1611,325817777809.4471.74
Operating Income
1,244672578594662.34292.16
Net Income
275-69359200151.6757.75
Earnings Per Share
1.49-0.483.822.692.000.85
EPS Growth
-22.68%-42.01%34.50%136.62%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Oil
1,9241,131750.24619.18667.28397.51
Natural Gas
525614.8130.9583.1549.2
Natural Gas Liquids
25615988.5266.9887.5554.82
Lease Bonus - Related Party
-240.23107.8223.372.76
Lease Bonus - Third Party
21245.941.864.42-
Other Operating
-10.640.910.70.62
Revenue (Total)
2,2841,395861828866.47504.92

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
10132725.8718.1839.45
Total Debt
2,3942,1861,0831,083576.9776.73
Net Cash (Debt)
-2,384-2,173-1,056-1,057-558.72-737.28
Net Cash Growth
------
Net Cash Per Share
-12.92-15.25-11.24-14.25-7.38-10.78

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,6611,053620638699.8307.11
Capital Expenditures
-1,043-2,424-696-908-64.13-281.18
Free Cash Flow
618-1,371-76-270635.6725.94
Free Cash Flow Growth
----2350.71%-80.18%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
57.57%50.72%70.75%71.83%76.50%57.94%
Pretax Margin
33.23%-16.98%61.69%66.14%71.88%51.20%
Profit Margin
12.73%-5.21%43.94%24.18%17.52%11.45%
FCF Margin
28.60%-103.47%-9.30%-32.65%73.42%5.14%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
1.72%-11.65%344.64%-77.24%72.03%286.49%
Dividend Yield
6.14%5.78%5.07%1.76%--

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
27.31-14.0813.67--
Forward PE
14.1725.5426.0510.08--
PS Ratio
6.764.916.193.31--