Viper Energy Ut (VNOM)

The operating profit margin for Viper Energy Ut has shown fluctuations over the past five years. In 2023, the operating profit margin decreased to 74.93% from 78.54% in 2022 but remained relatively high compared to previous years. The significant drop in the operating profit margin from 2022 to 2023 could indicate increased operating expenses or a decrease in revenues relative to the previous year. Despite this decrease, Viper Energy Ut still maintained a strong operating profit margin in 2023.

In 2022, the company achieved a high operating profit margin of 78.54%, representing a significant improvement compared to 2021 when it stood at 71.61%. This improvement may reflect enhanced operational efficiency, cost control measures, or increased revenue generation during the year.

In 2021, Viper Energy Ut had an operating profit margin of 71.61%, which was lower than the exceptionally high margin of 21.11% recorded in 2020. The substantial increase in operating profit margin from 2020 to 2021 may suggest improved financial performance, possibly due to cost-cutting initiatives or revenue growth during the year.

In 2020, the operating profit margin was 21.11%, indicating a comparatively weaker performance than in other years. However, it is essential to note that the operating profit margin in 2020 may have been impacted by the challenges and economic downturn resulting from unforeseen events such as the global pandemic.

In 2019, the operating profit margin was high at 64.88%, reflecting strong profitability and efficient operations during that year. Overall, despite some fluctuations, Viper Energy Ut has generally maintained a robust operating profit margin, demonstrating its ability to generate profits from its core business activities over the years.

Peer comparison

Dec 31, 2023