Viper Energy (VNOM) EBITDA Margin (2024 - 2026)
Viper Energy (VNOM) recorded EBITDA Margin of 91.53% in Q3 2026, up 90.09 percentage points from 1.44% a year earlier but down 0.50 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 72.99% as of Sep 30, 2026, up 14.53 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.
- Quarterly EBITDA Margin has ranged from -4.60% in Q4 2025 to 92.02% in Q2 2026 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in two of the last five quarters, with an average year-over-year change of -18.08 percentage points.
- Per Business Quant, the preceding three quarters came in at 92.02% (Q2 2026), 89.82% (Q1 2026) and -4.60% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 24.94% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 1,326.59% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 29.80% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 46.16% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.16% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 65.81% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 45.38% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 91.50% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 15.42% |
| 10 | Viper Energy | 15.31 Bn | 20.53 Bn | - | 91.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 91.53% |
| 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();