Viper Energy (VNOM) EBITDA Margin (2024 - 2026)

Viper Energy's (VNOM) quarterly EBITDA Margin came in at 89.82% in Q1 2026, down 79.0% year-on-year from 427.73% in Q1 2025, and up 1995.28% sequentially from 4.74% in Q4 2025.

Viper Energy (VNOM) EBITDA Margin (2024 - 2026) Analysis & Trends

Viper Energy's EBITDA Margin history runs 3 years deep, the most recent figure standing at 89.82% for Q1 2026.

  • In Q1 2026, EBITDA Margin fell 79.0% year-over-year to 89.82%; the TTM figure through Mar 2026 stood at 42.46% (changed N/A YoY), while the FY2025 annual figure was 34.7%, down 5601.0% from the prior year.
  • EBITDA Margin came in at 89.82% for Q1 2026 at Viper Energy, up from 4.74% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 91.39% in Q3 2024 and troughed at 4.74% in Q4 2025.
  • The 3-year median for EBITDA Margin is 89.74% (2024), against an average of 59.71%.
  • The widest annual swing landed in 2025, when EBITDA Margin plunged 9439 bps; it then slumped 79 bps in 2026.
  • A 3-year view of EBITDA Margin shows it stood at 89.66% in 2024, then slumped by 105 bps to 4.74% in 2025, then soared by 1995 bps to 89.82% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 89.82% in Q1 2026, 4.74% in Q4 2025, and 1.53% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 28.57%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 50.33%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 14.83%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 30.44%
10 Viper Energy 7.69 Bn 12.91 Bn 476.00 Mn 89.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 89.82%
Dec 31, 2025 -4.74%
Sep 30, 2025 1.53%
Mar 31, 2025 90.61%
Dec 31, 2024 89.66%
Sep 30, 2024 91.39%