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

Viper Energy (VNOM) reported EBITDA Margin of 89.82% for Q1 2026, down 79.0% year-over-year from 427.73% in Q1 2025, and up 1995.28% quarter-over-quarter from 4.74% in Q4 2025.

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

Viper Energy (VNOM) has 3 years of EBITDA Margin data on file, last reported at 89.82% in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 89.82%, down 79.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.46% (changed N/A YoY), and the FY2025 annual result was 34.7%, down 5601.0% from the prior year.
  • EBITDA Margin advanced to 89.82% in Q1 2026 per VNOM's latest filing, 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.
  • A 3-year average of 59.71% and a median of 89.74% in 2024 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2025 and 2026: EBITDA Margin tumbled 9439 bps in 2025, then sank 79 bps in 2026.
  • A 3-year view of EBITDA Margin shows it stood at 89.66% in 2024, then sank by 105 bps to 4.74% in 2025, then surged by 1995 bps to 89.82% in 2026.
  • Business Quant data shows VNOM's EBITDA Margin at 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 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 50.33%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 28.57%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 Viper Energy 8.17 Bn 13.40 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%