Viper Energy Inc (VNOM)
54.11
+1.17
(+2.21%)
USD |
NASDAQ |
Nov 05, 11:22
Viper Energy Gross Profit Margin (Quarterly): 70.65% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 70.65% |
| March 31, 2024 | 70.11% |
| December 31, 2023 | 71.94% |
| September 30, 2023 | 83.43% |
| June 30, 2023 | 70.93% |
| March 31, 2023 | 73.97% |
| December 31, 2022 | 79.32% |
| September 30, 2022 | 79.18% |
| June 30, 2022 | 79.93% |
| March 31, 2022 | 79.54% |
| December 31, 2021 | 77.13% |
| September 30, 2021 | 73.42% |
| June 30, 2021 | 71.80% |
| March 31, 2021 | 67.44% |
| December 31, 2020 | 55.49% |
| September 30, 2020 | 52.37% |
| June 30, 2020 | 20.25% |
| March 31, 2020 | 60.75% |
| December 31, 2019 | 64.24% |
| September 30, 2019 | 67.36% |
| June 30, 2019 | 71.05% |
| March 31, 2019 | 67.70% |
| Date | Value |
|---|---|
| December 31, 2018 | 69.55% |
| September 30, 2018 | 72.25% |
| June 30, 2018 | 75.90% |
| March 31, 2018 | 74.63% |
| December 31, 2017 | 74.89% |
| September 30, 2017 | 67.34% |
| June 30, 2017 | 66.02% |
| March 31, 2017 | 70.53% |
| December 31, 2016 | 65.10% |
| September 30, 2016 | 59.09% |
| June 30, 2016 | 53.11% |
| March 31, 2016 | 33.41% |
| December 31, 2015 | 50.05% |
| September 30, 2015 | 44.49% |
| June 30, 2015 | 47.16% |
| March 31, 2015 | 38.17% |
| December 31, 2014 | 56.23% |
| September 30, 2014 | 58.50% |
| June 30, 2014 | 56.77% |
| March 31, 2014 | 59.07% |
| December 31, 2013 | 58.82% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
20.25%
Minimum
Jun 2020
83.43%
Maximum
Sep 2023
68.52%
Average
71.80%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| Diamondback Energy Inc | 49.44% |
| Delek Logistics Partners LP | 28.10% |
| Black Stone Minerals LP | 76.21% |
| Nine Energy Service Inc | 11.35% |
| Barnwell Industries Inc | 15.90% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.87% |
| Return on Assets | 6.55% |
| Return on Invested Capital | 7.18% |
| Profit Margin (Quarterly) | 26.27% |
| Operating Margin (Quarterly) | 68.59% |
| Return on Net Operating Assets | 6.80% |