Viper Energy (VNOM) EBT Margin (2024 - 2026)
Viper Energy's EBT Margin came in at 51.29% for Q3 2026, up 104.64 percentage points from -53.35% a year earlier but down 8.24 percentage points from the prior quarter.
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Analysis
Viper Energy (VNOM) EBT Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Viper Energy reported EBT Margin of 31.44%, up 16.97 percentage points year-over-year; for FY2025, it came in at -16.13%, down 74.67 percentage points from FY2024.
- Going back by year, EBT Margin was 58.54% in FY2024 (-7.53 pp) and 66.06% in FY2023.
- The five-year range for quarterly EBT Margin is -61.38% (Q4 2025) to 71.02% (Q1 2025).
- Year-over-year, EBT Margin increased in two of the last five quarters, with an average year-over-year change of -24.33 percentage points.
- Business Quant data shows VNOM's EBT Margin at 59.53% (Q2 2026), 47.55% (Q1 2026) and -61.38% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.77% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.10% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 40.49% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.56% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 29.82% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 34.19% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 24.96% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 13.80% |
| 10 | Viper Energy | 15.31 Bn | 20.53 Bn | - | 51.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.29% |
| 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% |
API Access
Viper Energy EBT 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=ebt-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=VNOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();