Viper Energy Ut (VNOM)
Profitability ratios
Return on sales
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 75.42% | 69.77% | 74.86% | 75.21% | 76.23% | 78.05% | 76.30% | 78.38% | 79.50% | 79.07% | 78.06% | 76.15% | 73.12% | 68.29% | 63.56% | 54.81% | 51.78% | 55.04% | 58.87% | 65.64% |
| Operating profit margin | 65.89% | 67.75% | 73.16% | 73.73% | 75.02% | 77.06% | 75.17% | 77.37% | 78.60% | 78.23% | 77.15% | 75.02% | 71.70% | 49.83% | 41.69% | 26.46% | 21.20% | 52.29% | 56.09% | 63.14% |
| Pretax margin | 58.79% | 60.69% | 66.28% | 65.07% | 66.20% | 68.47% | 66.30% | 70.79% | 71.88% | 71.23% | 68.13% | 59.91% | 51.20% | 21.21% | 8.52% | -17.04% | -20.41% | 19.03% | 28.37% | 50.36% |
| Net profit margin | 41.91% | 24.74% | 25.68% | 24.27% | 24.20% | 34.93% | 38.32% | 35.11% | 44.63% | 33.89% | 29.71% | 31.00% | 11.47% | -2.23% | -7.67% | -19.84% | -77.06% | -61.07% | -55.88% | -41.21% |
Viper Energy Ut has shown generally positive trends in profitability ratios over the past few years.
1. Gross Profit Margin: The gross profit margin has steadily increased from 65.64% in March 2020 to 75.42% in December 2024. This indicates that the company has been able to effectively control its production costs and improve its efficiency in generating profits from its revenues.
2. Operating Profit Margin: The operating profit margin experienced fluctuations but generally trended upwards from 63.14% in March 2020 to 65.89% in December 2024. This suggests that the company has been managing its operating expenses effectively and improving its operational efficiency.
3. Pretax Margin: The pretax margin was negative in the last two quarters of 2020 but turned positive and increased consistently thereafter, reaching 58.79% in December 2024. This indicates that the company has been able to generate profits before taxes and improve its overall profitability.
4. Net Profit Margin: The net profit margin also showed improvement over the years, increasing from -41.21% in March 2020 to 41.91% in December 2024. This indicates that the company has been able to effectively manage its expenses and generate higher profits relative to its revenues.
Overall, Viper Energy Ut has shown a positive trend in its profitability ratios, with improvements in gross profit margin, operating profit margin, pretax margin, and net profit margin over the years, reflecting the company's ability to enhance its profitability and financial performance.
Return on investment
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.14% | 13.42% | 17.22% | 15.86% | 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% |
| Return on assets (ROA) | 7.09% | 4.90% | 6.05% | 5.22% | 5.03% | 9.17% | 9.74% | 9.68% | 13.23% | 9.40% | 7.34% | 6.29% | 1.91% | -0.37% | -1.09% | -2.18% | -7.81% | -6.24% | -5.86% | -4.84% |
| Return on total capital | 33.86% | 41.10% | 61.76% | 57.31% | 58.62% | 84.99% | 81.17% | 94.26% | 95.90% | 86.97% | 73,097.42% | 52.02% | 35.86% | 20.62% | 10.68% | -1.96% | -1.01% | 13.13% | 15.99% | 25.36% |
| Return on equity (ROE) | 21.29% | 14.71% | 21.64% | 19.40% | 19.73% | 40.38% | 43.32% | 43.78% | 55.94% | 38.76% | 29,644.70% | 24.52% | 7.10% | -1.59% | -4.49% | -8.67% | -30.27% | -22.32% | -21.05% | -17.10% |
The profitability ratios of Viper Energy Ut show a fluctuating trend over the analyzed periods.
1. Operating Return on Assets (Operating ROA): This ratio measures the efficiency of the company in generating operating income from its assets. Viper Energy Ut's Operating ROA has shown a steady improvement from 7.42% in March 2020 to a peak of 23.30% in December 2022. However, it experienced a slight decline by the end of September 2024 to 13.42%.
2. Return on Assets (ROA): This ratio indicates the company's ability to generate profits from its total assets. Viper Energy Ut's ROA started from negative values in early 2020 and gradually improved to reach a peak of 7.09% by December 2024.
3. Return on Total Capital: This ratio evaluates the company's return on all its invested capital, including debt and equity. Viper Energy Ut's Return on Total Capital had significant fluctuations, particularly in June 2022, where it showed an abnormal value of 73,097.42%. However, it stabilized around 30-60% in the following periods.
4. Return on Equity (ROE): This ratio measures the return generated on shareholders' equity. Viper Energy Ut's ROE also started with negative values in early 2020 and saw improvements over time, with peaks in September 2022 and June 2022 at 38.76% and 29,644.70%, respectively.
In conclusion, although there were fluctuations in profitability ratios, Viper Energy Ut managed to improve its performance over the analyzed periods, indicating efficient asset utilization and profitability generation for its shareholders.