Viper Energy (VNOM) EBITDA Margin (2024 - 2026)
Viper Energy (VNOM) posted quarterly EBITDA Margin of 89.82% for Q1 2026, down 116.0% year-over-year from 561.4% in Q1 2025, and up 2215.35% quarter-over-quarter from 4.25% in Q4 2025.
Viper Energy (VNOM) EBITDA Margin (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has reported EBITDA Margin for 3 consecutive years, with 89.82% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 116.0% year-over-year to 89.82%; the TTM figure through Mar 2026 stood at 41.2% (changed N/A YoY), while the FY2025 annual figure was 33.48%, down 5798.0% from the prior year.
- EBITDA Margin rose to 89.82% in Q1 2026 per VNOM's latest filing, from 4.25% in the prior quarter.
- Across five years, EBITDA Margin topped out at 92.44% in Q4 2024 and bottomed at 4.25% in Q4 2025.
- Historically, EBITDA Margin has averaged 60.32% across 3 years, with a median of 90.4% in 2025.
- Annual changes were most pronounced in 2025 — EBITDA Margin plunged 9669 bps — and 2026, when it plunged 116 bps.
- Viper Energy's EBITDA Margin stood at 92.44% in 2024, then tumbled by 105 bps to 4.25% in 2025, then surged by 2215 bps to 89.82% in 2026.
- Business Quant data shows VNOM's EBITDA Margin at 89.82% in Q1 2026, 4.25% in Q4 2025, and 1.53% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 0.11% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 13.22% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 74.84% |
| 10 | Viper Energy | 8.32 Bn | 8.24 Bn | - | 63.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.22% |
| Mar 31, 2026 | 89.82% |
| Dec 31, 2025 | -4.25% |
| Sep 30, 2025 | 1.53% |
| Mar 31, 2025 | 90.98% |
| Dec 31, 2024 | 92.44% |
| Sep 30, 2024 | 91.39% |