Vital Energy Inc. (VTLE)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	695,078	631,512	145,008	-874,173	-342,459
Revenue	US$ in thousands	1,491,170	1,495,400	820,641	661,355	855,625
Net profit margin		46.61%	42.23%	17.67%	-132.18%	-40.02%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $695,078K ÷ $1,491,170K
= 46.61%

The net profit margin of Vital Energy Inc. has fluctuated significantly over the past five years, as evidenced by the following figures: 46.61% in 2023, 42.23% in 2022, 17.67% in 2021, -132.18% in 2020, and -40.02% in 2019.

In 2023, the company demonstrated a strong net profit margin of 46.61%, indicating that for every dollar of revenue generated, Vital Energy Inc. retained $0.4661 as profit after accounting for all expenses. This reflects efficient cost management and revenue generation capabilities.

The net profit margin improved from 2021 to 2022, showing an upward trend in profitability. Notably, the company experienced a significant negative net profit margin in 2020, indicating that expenses exceeded revenue and resulted in a loss.

Although the net profit margin in 2019 was also negative, it improved over the years to reach positive levels by 2021. The fluctuations in the net profit margin suggest potential volatility in the company's financial performance, highlighting the importance of consistent monitoring and strategic decision-making to maintain profitability and financial stability.