Viper Energy (VNOM) EBIT Margin (2024 - 2026)
Viper Energy (VNOM) reported EBIT Margin of 63.22% for Q2 2026, up 17.77 percentage points from 45.45% a year earlier and up 13.71 percentage points from the prior quarter.
Viper Energy (VNOM) EBIT Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Viper Energy's EBIT Margin came in at 12.30%, down 45.75 percentage points year-over-year; for FY2025, it was -10.04%, down 75.89 percentage points from FY2024.
- By year, EBIT Margin came in at 65.85% in FY2024 (-9.03 pp) and 74.88% in FY2023.
- The Q2 2026 figure ranks as the highest quarterly EBIT Margin since Q1 2025.
- Year over year, EBIT Margin gained in 1 of the last four quarters, with an average year-over-year change of -55.96 percentage points.
- Per Business Quant data, the three quarters before Q2 2026 came in at 49.51% (Q1 2026), -58.39% (Q4 2025) and -42.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 742.18 Bn | 698.66 Bn | - | 16.94% |
| 2 | Chevron | 446.65 Bn | 418.77 Bn | 33.45 Bn | -28.44% |
| 3 | Shell | 310.99 Bn | 240.74 Bn | 30.13 Bn | 22.64% |
| 4 | TotalEnergies SE | 199.54 Bn | 80.12 Bn | 61.77 Bn | 24.82% |
| 5 | Conocophillips | 177.47 Bn | 150.18 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 119.77 Bn | 34.23 Bn | - | 36.94% |
| 7 | Phillips 66 | 117.44 Bn | 105.23 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 114.02 Bn | 111.02 Bn | 8.84 Bn | 81.91% |
| 9 | Suncor Energy | 96.35 Bn | 82.10 Bn | - | 3.43% |
| 10 | Viper Energy | 8.92 Bn | 8.75 Bn | - | 63.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.22% |
| Mar 31, 2026 | 49.51% |
| Dec 31, 2025 | -58.39% |
| Sep 30, 2025 | -42.11% |
| Jun 30, 2025 | 45.45% |
| Mar 31, 2025 | 63.27% |
| Dec 31, 2024 | 62.88% |
| Sep 30, 2024 | 64.45% |
Viper Energy EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "VNOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();