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Viper Energy (FRA:ZT0) Net Margin % : 21.13% (As of Mar. 2024)


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What is Viper Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Viper Energy's Net Income for the three months ended in Mar. 2024 was €39.9 Mil. Viper Energy's Revenue for the three months ended in Mar. 2024 was €188.8 Mil. Therefore, Viper Energy's net margin for the quarter that ended in Mar. 2024 was 21.13%.

The historical rank and industry rank for Viper Energy's Net Margin % or its related term are showing as below:

FRA:ZT0' s Net Margin % Range Over the Past 10 Years
Min: -77.06   Med: 20.86   Max: 64.8
Current: 24.26


FRA:ZT0's Net Margin % is ranked better than
83.95% of 972 companies
in the Oil & Gas industry
Industry Median: 4.1 vs FRA:ZT0: 24.26

Viper Energy Net Margin % Historical Data

The historical data trend for Viper Energy's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viper Energy Net Margin % Chart

Viper Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.53 -77.06 11.49 17.52 24.20

Viper Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.15 19.02 26.82 27.85 21.13

Competitive Comparison of Viper Energy's Net Margin %

For the Oil & Gas Midstream subindustry, Viper Energy's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viper Energy's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viper Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Viper Energy's Net Margin % falls into.



Viper Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Viper Energy's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=183.481/758.165
=24.20 %

Viper Energy's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=39.891/188.818
=21.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Viper Energy  (FRA:ZT0) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Viper Energy Net Margin % Related Terms

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Viper Energy (FRA:ZT0) Business Description

Traded in Other Exchanges
Address
500 West Texas, Suite 1200, Midland, TX, USA, 79701
Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

Viper Energy (FRA:ZT0) Headlines

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