Viper Energy Ut (VNOM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 359,245 | 200,088 | 655,004 | 256,677 | -193,413 |
| Revenue | US$ in thousands | 859,747 | 826,788 | 865,767 | 504,297 | 249,566 |
| Net profit margin | 41.78% | 24.20% | 75.66% | 50.90% | -77.50% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $359,245K ÷ $859,747K
= 41.78%
To analyze Viper Energy Ut's net profit margin based on the provided data, we observe a fluctuating trend over the years.
As of December 31, 2020, the net profit margin stood at -77.50%, indicating that the company incurred a significant loss relative to its revenue during that period. This negative margin suggests that Viper Energy Ut's expenses exceeded its generated profits in 2020.
However, there was a notable turnaround in profitability by December 31, 2021, with the net profit margin rising to 50.90%, indicating that the company was able to generate a substantial profit relative to its revenue in that year. This significant increase in the margin from a substantial loss to a substantial profit suggests improved operational efficiency and cost management by Viper Energy Ut during 2021.
The net profit margin further improved to 75.66% by December 31, 2022, reflecting even greater profitability and efficiency in converting revenue into profit. This sharp increase in profitability could be attributed to effective strategic decisions, improved revenue generation, or stringent cost control measures implemented by the company during 2022.
By December 31, 2023, the net profit margin declined to 24.20%, indicating a slight decrease in profitability compared to the previous year. This decrease could be due to various factors such as increased operating expenses, economic challenges, or changes in market conditions affecting Viper Energy Ut's profitability in 2023.
As of December 31, 2024, the net profit margin stood at 41.78%, showing a recovery from the previous year's decrease in profitability. This improvement suggests that Viper Energy Ut implemented measures to enhance its profitability and operational efficiency, resulting in a better margin in 2024.
In conclusion, Viper Energy Ut's net profit margin has shown fluctuations over the years, ranging from significant losses to substantial profits, indicating varying levels of operational efficiency and financial performance. It is essential for the company to continue monitoring and managing its expenses and revenue effectively to maintain and improve its profitability in the future.
Peer comparison
Dec 31, 2024