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

Cash flow

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
Operations
0.64 0.62 1.05
Growth −2.8% +69.8%
Investment
−0.91 −0.61 −2.42
Financing
0.28 −0.01 1.36
−0.13 −0.22 −0.33

Capital expenditure, dividends and buybacks are shown as money out, so negative.