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| Date | Value |
|---|---|
| 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% |