Viper Energy Ut (VNOM)
Profitability ratios
Return on sales
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 72.03% | 78.00% | 79.76% | 81.07% | 82.84% | 81.95% | 83.92% | 85.04% | 84.76% | 83.57% | 81.46% | 78.06% | 56.71% | 48.82% | 33.93% | 29.03% | 70.65% | 73.80% | 79.06% | 80.94% |
| Operating profit margin | 67.68% | 73.18% | 73.70% | 74.93% | 76.96% | 75.07% | 77.28% | 78.54% | 78.17% | 77.09% | 74.94% | 71.61% | 49.74% | 41.57% | 26.36% | 21.11% | 52.07% | 55.93% | 63.03% | 64.88% |
| Pretax margin | 30.50% | 31.46% | 29.92% | 29.73% | 25.34% | 18.80% | 17.18% | 13.74% | 15.98% | 15.95% | 13.39% | 11.78% | -1.97% | -7.62% | -19.75% | -19.89% | -7.34% | -6.66% | 1.85% | 1.58% |
| Net profit margin | 24.65% | 25.63% | 24.24% | 24.17% | 19.94% | 21.93% | 20.28% | 17.50% | 20.45% | 14.55% | 12.72% | 11.47% | -2.20% | -7.63% | -19.77% | -76.73% | -60.82% | -55.71% | -41.11% | 15.52% |
The profitability ratios of Viper Energy Ut have shown some fluctuations over the periods analyzed.
The gross profit margin, which indicates the percentage of revenue that exceeds the cost of goods sold, has demonstrated a decreasing trend from 85.04% in Dec 31, 2022, to 72.03% in Sep 30, 2024. This suggests a potential decrease in the efficiency of the company in generating profits after accounting for direct costs.
The operating profit margin, reflecting the company's ability to control operating expenses, displays a similar declining pattern from 78.54% in Dec 31, 2022, to 67.68% in Sep 30, 2024. This may indicate challenges in managing operating costs effectively over time.
The pretax margin, illustrating the proportion of each dollar of revenue that translates into pretax profit, fluctuates inconsistently throughout the periods. However, the trend showcases a general decrease in profitability, particularly evident in the negative values seen in some quarters.
The net profit margin, representing the final amount of profit earned from each dollar of revenue after all expenses have been deducted, has also shown variability. The sharp decline in profitability seen in Mar 31, 2021, and Dec 31, 2020, followed by an increase in subsequent periods, suggests operational challenges and potential improvements in cost management.
Overall, the analysis of Viper Energy Ut's profitability ratios indicates the need for a deeper examination of cost structures, revenue generation strategies, and operational efficiencies to sustain and improve profitability levels in the future.
Return on investment
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.46% | 17.26% | 15.87% | 15.61% | 20.24% | 19.10% | 21.33% | 23.30% | 21.69% | 19.06% | 15.23% | 11.92% | 8.32% | 5.94% | 2.90% | 2.15% | 5.35% | 5.88% | 7.42% | 6.95% |
| Return on assets (ROA) | 4.90% | 6.05% | 5.22% | 5.03% | 5.24% | 5.58% | 5.60% | 5.19% | 5.67% | 3.60% | 2.58% | 1.91% | -0.37% | -1.09% | -2.18% | -7.81% | -6.24% | -5.86% | -4.84% | 1.66% |
| Return on total capital | 40.41% | 61.78% | 58.99% | 61.15% | 26.30% | 24.79% | 28.10% | 98.53% | 28.27% | 24.95% | 20.38% | 16.19% | 11.13% | 7.89% | 3.83% | 2.84% | 7.12% | 7.95% | 9.99% | 8.86% |
| Return on equity (ROE) | 14.71% | 21.64% | 19.40% | 19.73% | 6.81% | 7.24% | 7.37% | 21.96% | 7.40% | 4.71% | 3.46% | 2.59% | -0.49% | -1.45% | -2.87% | -10.33% | -8.31% | -7.92% | -6.52% | 2.12% |
The profitability ratios of Viper Energy Ut over the past several quarters show a mixed performance.
Operating Return on Assets (Operating ROA) has fluctuated, with a recent high of 17.26% in Jun 30, 2024, indicating that the company is generating operating income efficiently relative to its total assets.
Return on Assets (ROA) has varied as well, demonstrating its ability to generate profits from its assets, with a recent increase to 6.05% in Jun 30, 2024.
Return on Total Capital has shown significant fluctuations, peaking at 61.78% in Jun 30, 2024, showcasing the company's ability to generate returns for both debt and equity holders.
Return on Equity (ROE) has also been volatile, reaching 21.64% in Jun 30, 2024, reflecting the returns earned for the equity shareholders.
Overall, Viper Energy Ut has demonstrated the ability to generate returns from its assets and capital, though the ratios have shown notable fluctuations over the analyzed periods, potentially influenced by various external and internal factors impacting the company's profitability.