Valuation signals disagree.Cheaper than 48% of peers on operating cash profit (EBITDA), but only 0% on earnings.Cheaper than 48% of peers on operating cash profit, but only 0% on earnings.
Relative to its operating cash profit (EBITDA), Viper Energy looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.Relative to its operating cash profit, Viper Energy looks cheaper than 48% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $142M profit in the quarter to June 2026.
Viper Energy reported a net loss over the last twelve months, but its most recent quarter was profitable ($142M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.
Fast revenue growth. Revenue grew 62% in the fiscal year to Dec 2025 vs the year before, faster than 95% of peers.
Revenue grew 62% in the fiscal year to Dec 2025 vs the year before, faster than 95% of its peers.
Steadier share price. Beta 0.24: tends to move less than the market.
Viper Energy's shares have swung less with the market than most peers' (beta 0.24, below the market's 1.0).
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-0.5%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield11.7%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported value50% base weight · Z-score -0.07Sector median: 0.1209 · MAD: 0.0518
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
Missing · left out of the score · no sector data, so not countedNot counted · remaining weights rescaledSector median: 0.0107 · MAD: 0.3431
3-year revenue growth17.2%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Reported value33% base weight · Z-score 2.30Sector median: -0.0135 · MAD: 0.0807
Revenue growth62.1%
Yahoo Finance fallback · SEC figure unavailable or out of date · fiscal year to Dec 2025Reported value33% base weight · Z-score 5.59Sector median: 0.0050 · MAD: 0.1101
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Viper Energy
Is Viper Energy getting weaker?
Its latest SEC filing (Aug 5, 2026) got stronger: operating margin rose 14.8 points to 12.3%. Its overall score is unchanged at 59/100 since Oct 28, 2026.
How is Viper Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 23/100 against 404 energy peers.Earnings yield -0.5% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -0.5% vs peers 5.2% (weaker than 100% of peers).
Is Viper Energy growing?
Yes, faster than most of its peers. Growth scores 97/100 against 404 energy peers.Revenue growth 62.1% vs a peer median of 0.5% (stronger than 95% of peers).Revenue growth 62.1% vs peers 0.5% (stronger than 95% of peers).
How profitable is Viper Energy?
Less profitable than most of its peers. Profitability scores 20/100 against 404 energy peers.Return on assets -0.7% vs a peer median of 4.4% (weaker than 86% of peers).Return on assets -0.7% vs peers 4.4% (weaker than 86% of peers).
How risky is Viper Energy?
Lower risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 6.37× vs a peer median of 1.37× (stronger than 95% of peers).Current ratio 6.37× vs peers 1.37× (stronger than 95% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 14.8 points to 12.3%
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.7B USD
2.0B USD
+22.9%
Net income (12 months)
−184.0M USD
−79.0M USD
−57.1%
Operating margin
-2.5%
12.3%
+14.8 pts
Debt
1.6B USD
1.7B USD
+4.7%
Cash
28.0M USD
77.0M USD
+175.0%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Oil & Gas Midstream · 32 companies
Valuations in Oil & Gas Midstream are near the top of their range since Aug 2019.
86% of months since Aug 2019 were valued lower than now.
54% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +44% and earnings +16% (medians): prices rose faster than earnings.
Median price-to-sales is +39% vs the whole market, against a usual +3%.
Aug 2019Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since Aug 2019; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2023
FY 2024
FY 2025
Change
Operating margin
74.9%
65.9%
-10.0%
▼ 76 pts
Net margin
24.2%
41.7%
-4.9%
▼ 47 pts
Return on assets (ROA)
—
7.1%
-0.5%
▼ 7.6 pts
Return on equity (ROE)
7.0%
21.3%
-1.5%
▼ 23 pts
Current ratio
—
4.86×
3.72×
▼ 23%
Debt to equity
—
0.64×
0.49×
▼ 23%
VNOM price history
Price history is added with the daily price update and will appear after the next one.