Viper Energy (VNOM) FCF Margin (2024 - 2026)
Viper Energy's (VNOM) quarterly FCF Margin came in at 71.94% in Q2 2026, up 1402.0% year-over-year from 4.79% in Q2 2025, and up 12.07% quarter-over-quarter from 64.19% in Q1 2026.
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Viper Energy (VNOM) FCF Margin (2024 - 2026) Analysis & Trends
Viper Energy (VNOM) has reported FCF Margin for 3 consecutive years, with 71.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 1402.0% year-over-year to 71.94% in Q2 2026; TTM through Jun 2026 was 73.25%, a N/A change from a year earlier, with the FY2025 full-year figure at 75.48%, up 347.0% from the prior year.
- FCF Margin was 71.94% for Q2 2026 at Viper Energy, up from 64.19% in the prior quarter.
- Over five years, FCF Margin peaked at 91.72% in Q4 2025 and troughed at 57.91% in Q2 2025.
- A 3-year average of 72.0% and a median of 69.0% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 2273 bps in 2025 and tumbled 1785 bps in 2026, its largest moves.
- Over 3 years, FCF Margin stood at 69.0% in 2024, then soared by 33 bps to 91.72% in 2025, then fell by 22 bps to 71.94% in 2026.
- The last three FCF Margin figures came in at 71.94% (Q2 2026), 64.19% (Q1 2026), and 91.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - | 71.94% |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - | 39.34% |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn | 77.31% |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - | 60.73% |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | 114.51% |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn | -5.81% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | -883.33% |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | - |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | 1,814.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.94% |
| Mar 31, 2026 | 64.19% |
| Dec 31, 2025 | 91.72% |
| Sep 30, 2025 | 67.22% |
| Jun 30, 2025 | 57.91% |
| Mar 31, 2025 | 82.04% |
| Dec 31, 2024 | 69.00% |