Viper Energy (VNOM) EBITDA Margin (2024 - 2026)
Viper Energy (VNOM) recorded EBITDA Margin of 92.02% in Q2 2026, up 4.82 percentage points from 87.21% a year earlier and up 2.20 percentage points from the prior quarter.
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Analysis
Viper Energy (VNOM) EBITDA Margin (2024 - 2026) Analysis & Trends
On a TTM basis, Viper Energy's EBITDA Margin came in at 52.33% as of Jun 30, 2026, down 37.29 percentage points year-over-year; for FY2025, it was 33.48%, down 57.23 percentage points from FY2024.
- Across earlier years, EBITDA Margin came in at 90.71% in FY2024 (-1.80 pp) and 92.51% in FY2023.
- The Q2 2026 figure is the highest quarterly EBITDA Margin in data going back to Q3 2024.
- On a year-over-year basis, EBITDA Margin rose in 1 of the last four quarters, with an average year-over-year change of -45.12 percentage points.
- Per Business Quant, the preceding three quarters came in at 89.82% (Q1 2026), -4.60% (Q4 2025) and 1.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 35.00% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -19.76% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 12.70% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 68.45% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 29.57% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -73.22% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 54.46% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 40.25% |
| 10 | Viper Energy | 14.44 Bn | 19.51 Bn | - | 92.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.02% |
| Mar 31, 2026 | 89.82% |
| Dec 31, 2025 | -4.60% |
| Sep 30, 2025 | 1.44% |
| Jun 30, 2025 | 87.21% |
| Mar 31, 2025 | 90.61% |
| Dec 31, 2024 | 90.83% |
| Sep 30, 2024 | 90.52% |
API Access
Viper Energy EBITDA 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=ebitda-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();