Viper Energy Partners
VNOM
#2113
Rank
$7.30 B
Marketcap
$41.31
Share price
0.39%
Change (1 day)
62.13%
Change (1 year)

Operating Margin for Viper Energy Partners (VNOM)

Operating Margin as of July 2024 (TTM): 71.86%

According to Viper Energy Partners's latest financial reports and stock price the company's current Operating Margin is 71.86%. At the end of 2022 the company had an Operating Margin of 71.88%.

Operating Margin history for Viper Energy Partners from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202271.88%40.4%
202151.20%-350.8%
2020-20.41%-133.86%
201960.29%-8.64%
201865.99%1.84%
201764.80%-570.57%
2016-13.77%-142.22%
201532.62%-14.4%
201438.11%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
21.77%-69.70%๐Ÿ‡จ๐Ÿ‡ฆ Canada
27.65%-61.52%๐Ÿ‡บ๐Ÿ‡ธ USA
38.53%-46.38%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.