Viper Energy (VNOM) EBT Margin (2024 - 2026)
Viper Energy's (VNOM) quarterly EBT Margin came in at 59.53% in Q2 2026, up 2889.0% year-over-year from 1.99% in Q2 2025, and up 25.18% quarter-over-quarter from 47.55% in Q1 2026.
Analysis
Viper Energy (VNOM) EBT Margin (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has reported EBT Margin for 3 consecutive years, with 59.53% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 2889.0% year-over-year to 59.53% in Q2 2026; TTM through Jun 2026 was 7.64%, a 4551.0% decrease from a year earlier, with the FY2025 full-year figure at 16.13%, down 7467.0% from the prior year.
- EBT Margin was 59.53% for Q2 2026 at Viper Energy, up from 47.55% in the prior quarter.
- Over five years, EBT Margin peaked at 71.02% in Q1 2025 and troughed at 61.38% in Q4 2025.
- A 3-year average of 26.37% and a median of 52.16% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin plunged 11815 bps in 2025 and surged 2889 bps in 2026, its largest moves.
- Over 3 years, EBT Margin stood at 56.77% in 2024, then plunged by 208 bps to 61.38% in 2025, then surged by 197 bps to 59.53% in 2026.
- The last three EBT Margin figures came in at 59.53% (Q2 2026), 47.55% (Q1 2026), and 61.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - | 59.53% |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - | 71.36% |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn | 47.53% |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - | 45.59% |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn | -56.34% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | -308.45% |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | -148.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.53% |
| Mar 31, 2026 | 47.55% |
| Dec 31, 2025 | -61.38% |
| Sep 30, 2025 | -53.35% |
| Jun 30, 2025 | 30.64% |
| Mar 31, 2025 | 71.02% |
| Dec 31, 2024 | 56.77% |
| Sep 30, 2024 | 60.19% |