Vital Energy Inc. (VTLE)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	695,078	531,868	864,498	832,233	631,512	729,564	528,873	133,666	145,008	-237,200	-611,464	-1,024,258	-874,173	-949,962	-977,159	-258,322	-342,459	48,835	368,514	228,584
Revenue (ttm)	US$ in thousands	1,491,174	1,197,050	1,470,610	1,645,783	1,495,182	1,639,176	1,357,310	948,273	844,278	562,119	410,399	469,362	863,451	893,508	1,069,249	1,247,510	927,670	924,835	880,272	880,711
Net profit margin		46.61%	44.43%	58.78%	50.57%	42.24%	44.51%	38.96%	14.10%	17.18%	-42.20%	-148.99%	-218.22%	-101.24%	-106.32%	-91.39%	-20.71%	-36.92%	5.28%	41.86%	25.95%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $695,078K ÷ $1,491,174K
= 46.61%

The net profit margin of Vital Energy Inc. has shown significant variability over the historical period analyzed. The trend fluctuated notably, ranging from negative values to positive double-digit percentages. In recent quarters, there has been an upward trend in the net profit margin, with values improving from negative percentages to surpassing 50% in the most recent quarter. This indicates that the company has been able to generate a higher proportion of profits from its revenue in recent periods compared to previous years. However, the company experienced severe losses in profitability in some quarters, reflected in negative net profit margins. Further analysis would be needed to understand the reasons behind these fluctuations and the sustainability of the improving trend observed in the latest quarters.