VNOM · Viper Energy, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · VNOM

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	-	$860.39M	$827.70M	$866.47M	$504.92M	$250.63M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	$10.60M	$8.54M	$7.80M	$8.16M
Total Operating Expenses	-	$293.99M	$207.48M	$185.99M	$143.34M	$197.71M
D&A	-	-	-	-	-	-
Operating Income	-	$566.40M	$620.22M	$680.48M	$361.57M	$52.91M
Interest Expense	-	-	$48.91M	-	-	-
Income Tax	-	($99.71M)	$45.95M	($32.65M)	$1.52M	$142.47M
Net Income	-	$359.25M	$200.09M	$151.67M	$57.94M	($192.30M)
EPS - Basic	-	$3.82	$2.00	$2.00◇	$0.85◇	-
EPS - Diluted	-	$3.82	$2.69	$2.00◇	$0.85◇	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$28.00M◇	$26.85M	$25.87M	$18.18M	$39.45M	$19.12M
Accounts Receivable	-	-	-	$81.66M	$68.57M	$32.21M
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	$1.13M	$69.0K	$43.0K
Current Assets	$443.00M◇	$238.04M	$143.52M	$118.62M	$111.15M	$53.99M
Total Assets	$9.79B◇	$5.07B	$3.97B	$2.92B	$3.03B	$2.46B
Current Liabilities	$72.00M◇	$48.69M	$33.26M	$21.95M	$24.47M	$44.90M
Long-term Debt	$1.10B◇	$1.08B	$1.08B	$576.89M	$776.73M	$555.64M
Total Liabilities	$1.18B◇	$1.16B	$1.12B	$598.85M	$801.19M	$600.54M
Stockholders' Equity	$3.42B◇	$1.69B	$1.01B	$690.66M◇	-	-
Retained Earnings	-	$118.44M	($16.79M)	-	-	-

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	-	$619.61M	$638.19M	$699.80M	$307.11M	$196.56M
Investing Cash Flow	-	($608.57M)	($908.37M)	$47.57M	($281.18M)	($16.28M)
Financing Cash Flow	-	($10.05M)	$277.86M	($768.64M)	($5.61M)	($164.75M)
CapEx	-	-	-	-	-	$0
Free Cash Flow	-	-	-	-	-	$196.56M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	-	65.8%	74.9%	78.5%	71.6%	21.1%
EBITDA margin	-	-	-	-	-	-
Net margin	-	41.8%	24.2%	17.5%	11.5%	-76.7%
Free cash flow margin	-	-	-	-	-	78.4%
FCF / Net income	-	-	-	-	-	-1.02
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	1.3%	1.0%	1.5%	3.3%
Effective tax rate	-	-38.4%	18.7%	-27.4%	2.6%	-
Return on assets	-	7.1%	5.0%	5.2%	1.9%	-7.8%
Return on equity	-	21.3%	19.7%	22.0%	-	-
Return on invested capital	-	20.4%	24.0%	53.7%	-	-
Liquidity
Current ratio	6.15	4.89	4.32	5.41	4.54	1.20
Quick ratio	6.15	4.89	4.32	5.41	4.54	1.20
Cash ratio	0.39	0.55	0.78	0.83	1.61	0.43
Leverage
Debt / Equity	0.32	0.64	1.07	0.84	-	-
Debt / Assets	0.11	0.21	0.27	0.20	0.26	0.23
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	12.7x	-	-	-
Equity multiplier	2.86	3.00	3.92	4.23	-	-
Liabilities / Assets	0.12	0.23	0.28	0.21	0.26	0.24
Efficiency
Asset turnover	-	0.17	0.21	0.30	0.17	0.10
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	34d	50d	47d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	12.8x	11.7x	15.9x	25.1x	-
P / B	-	2.7x	2.3x	3.5x	-	-
P / S	-	5.4x	2.8x	2.8x	2.9x	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-	3.9%	-4.5%	71.6%	101.5%	-16.0%
Revenue CAGR (3y)	-	19.4%	48.9%	42.7%	-	-
Revenue CAGR (5y)	-	23.6%	-	-	-	-
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-	-8.7%	-8.9%	88.2%	583.3%	-72.7%
Net income growth (YoY)	-	79.5%	31.9%	161.8%	-	-
EPS growth (YoY)	-	42.0%	34.5%	135.3%	-	-
EPS CAGR (3y)	-	65.0%	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-	-	-	-	-	-17.0%
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	102.7%	66.3%	46.9%	-	-	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2024-12-31.

Product / service

$853.58M total

Oil Income$750.24M · 87.9%

Natural Gas Liquids Income$88.52M · 10.4%

Natural Gas Income$14.81M · 1.7%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

1/9

Weak

-Net income positive
-Operating cash flow positive
-ROA improved YoY
-Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
-No share dilution
-Gross margin improved
-Asset turnover improved

Peer comparison

Same SIC group: Crude Petroleum & Natural Gas

Company	Revenue (last FY)	Net margin	ROE
GTE	$596.71M	-32.4%	-84.4%
APA	$2.64B	30.5%	13.2%
EOG	$22.63B	22.0%	16.7%
OVV	$8.91B	13.9%	11.1%
PARR	$7.46B	4.9%	24.4%

Comparing Viper Energy against the 5 most active filers in the same SIC group.

Dividends

$2.31/share trailing 12 months · -6.5% YoY

Ex-date	Per share
May 14, 2026	$0.6800
Mar 5, 2026	$0.5200
Nov 13, 2025	$0.5800
Aug 14, 2025	$0.5300
May 15, 2025	$0.5700
Mar 6, 2025	$0.6500
Nov 14, 2024	$0.6100
Aug 15, 2024	$0.6400
May 14, 2024	$0.5900
Mar 4, 2024	$0.5600
Nov 15, 2023	$0.5700
Aug 9, 2023	$0.3600
May 10, 2023	$0.3300
Mar 2, 2023	$0.4900
Nov 16, 2022	$0.4900
Aug 15, 2022	$0.8100
May 11, 2022	$0.6700
Mar 3, 2022	$0.4700
Nov 9, 2021	$0.3800
Aug 11, 2021	$0.3300
May 12, 2021	$0.2500
Mar 3, 2021	$0.1400
Nov 10, 2020	$0.1000
Aug 12, 2020	$0.0300

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.