Stocks · Energy · Crude Petroleum & Natural Gas

Viper Energy, Inc.

VNOM Clue Score42
United States Fiscal year ends December CIK 0002074176
$42.99 +0.84% Close, 9 Oct 2026
Price $42.99 +85.62% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2023Revenue0.72Operating income0.62Net income0.20EPS, diluted2.69Fiscal year 2024Revenue0.85 +19.1%Operating income0.57Net income0.36 +79.5%EPS, diluted3.82Fiscal year 2025Revenue1.35 +57.6%Operating income−0.14Net income−0.07 −118.9%EPS, diluted−0.48
FY2023FY2024FY2025
Revenue 0.72 0.85 1.35
Growth +19.1% +57.6%
Operating income 0.62 0.57 −0.14
Net income 0.20 0.36 −0.07
Growth +79.5% −118.9%
EPS, diluted 2.69 3.82 −0.48

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2023Operating margin86.5%Net margin27.9%Fiscal year 2024Operating margin66.4%Net margin42.0%Fiscal year 2025Operating margin−10.4%Net margin−5.1%
FY2023FY2024FY2025
Operating margin 86.5% 66.4% −10.4%
Net margin 27.9% 42.0% −5.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2023Operating cash flow0.64Dividends paid−0.13Fiscal year 2024Operating cash flow0.62Dividends paid−0.22Fiscal year 2025Operating cash flow1.05Dividends paid−0.33
FY2023FY2024FY2025
Operating cash flow 0.64 0.62 1.05
Dividends paid −0.13 −0.22 −0.33

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2023Cash0.03Shareholders’ equity2.86Fiscal year 2024Cash0.03Total debt1.08Net cash (debt)−1.06Shareholders’ equity1.69Debt to equity0.64Fiscal year 2025Cash0.01Total debt2.19Net cash (debt)−2.17Shareholders’ equity4.45Debt to equity0.49
FY2023FY2024FY2025
Cash 0.03 0.03 0.01
Total debt n/a 1.08 2.19
Net cash (debt) n/a −1.06 −2.17
Shareholders’ equity 2.86 1.69 4.45
Debt to equity n/a 0.64 0.49

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Revenue and profit
0.72 0.85 1.35
Growth +19.1% +57.6%
0.62 0.57 −0.14
Growth −8.5% −124.7%
0.55 0.50 −0.23
0.05 −0.10 −0.02
0.20 0.36 −0.07
Growth +79.5% −118.9%
Per share
2.69 3.82 −0.48
2.69 3.82 −0.48
Growth +42.0% −112.6%
74.2 93.9 142.5
74.2 93.9 142.5
Growth +26.6% +51.7%

† The diluted share count jumps at 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 1 of 3 years on file.