Vital Energy (VTLE) Financials

$21.02 -0.47 (-2.18%)

Closing price 06/18/2025 03:59 PM Eastern

Extended Trading

$21.28 +0.26 (+1.23%)

As of 06/18/2025 07:31 PM Eastern

Annual Income Statements for Vital Energy

This table shows Vital Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	266	-2,210	-261	549	325	-342	-874	145	632	695	-174
Consolidated Net Income / (Loss)	266	-2,210	-261	549	325	-342	-874	145	632	695	-174
Net Income / (Loss) Continuing Operations	266	-2,210	-261	549	325	-342	-874	145	632	695	-174
Total Pre-Tax Income	430	-2,387	-261	551	329	-345	-878	149	637	512	-221
Total Operating Income	226	-2,472	-88	250	348	-409	-862	713	1,060	560	-23
Total Gross Profit	638	318	348	547	803	685	432	1,095	1,745	1,489	1,876
Total Revenue	794	607	597	822	1,106	837	677	1,394	1,921	1,548	1,952
Operating Revenue	794	607	597	822	1,106	837	677	1,394	1,921	1,548	1,952
Total Cost of Revenue	156	289	249	275	303	153	245	299	176	58	76
Operating Cost of Revenue	156	289	249	275	303	153	245	299	176	58	76
Total Operating Expenses	412	2,790	436	297	454	1,093	1,294	382	685	930	1,899
Selling, General & Admin Expense	106	98	97	101	101	59	58	69	77	111	110
Marketing Expense	50	33	29	38	49	41	33	69	111	93	118
Depreciation Expense	246	278	148	158	213	266	217	215	312	463	742
Other Operating Expenses / (Income)	4.84	-	-	-	91	91	82	102	174	261	448
Impairment Charge	3.90	2,375	162	0.00	0.00	621	899	1.61	0.04	0.00	481
Restructuring Charge	0.00	6.04	-	0.00	0.00	16	4.20	9.80	10	1.65	0.80
Other Special Charges / (Income)	-	-	-	-	-	0.00	0.96	-85	1.08	-0.67	-1.51
Total Other Income / (Expense), net	203	85	-173	301	-20	64	-16	-564	-423	-48	-199
Interest Expense	121	135	94	113	58	62	96	113	127	154	244
Interest & Investment Income	0.10	7.23	9.40	414	-	-	-	0.00	0.00	0.00	0.00
Other Income / (Expense), net	325	212	-88	-0.15	38	126	80	-451	-297	106	45
Income Tax Expense	164	-177	0.00	1.80	4.25	-2.59	-3.95	3.65	5.50	-183	-48
Preferred Stock Dividends Declared	-	-	-	-	-	-	-	0.00	0.00	0.45	0.65
Basic Earnings per Share	$1.88	-	($1.16)	$2.30	$27.94	($29.61)	($74.92)	$10.18	$37.88	$34.30	($4.74)
Weighted Average Basic Shares Outstanding	141.31M	199.16M	225.51M	239.10M	11.62M	11.57M	11.67M	14.24M	16.67M	20.25M	36.73M
Diluted Earnings per Share	$1.85	-	($1.16)	$2.29	$27.84	($29.61)	($74.92)	$10.03	$37.44	$33.44	($4.74)
Weighted Average Diluted Shares Outstanding	143.55M	199.16M	225.51M	240.12M	11.66M	11.57M	11.67M	14.46M	16.87M	20.78M	36.73M
Weighted Average Basic & Diluted Shares Outstanding	141.30M	199.10M	224.80M	242.53M	233.92M	237.21M	12.02M	17.30M	17.15M	36.68M	38.12M

This table shows Vital Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	338	118	114	295	4.89	281	-66	36	215	-359	-19
Consolidated Net Income / (Loss)	338	118	114	295	4.89	281	-66	37	215	-359	-19
Net Income / (Loss) Continuing Operations	338	118	114	295	4.89	281	-66	37	215	-359	-19
Total Pre-Tax Income	334	121	116	73	7.27	316	-82	47	276	-462	-20
Total Operating Income	263	157	123	121	180	135	137	118	88	-366	-14
Total Gross Profit	388	421	307	266	358	558	470	459	325	728	495
Total Revenue	464	364	333	335	436	445	482	476	459	534	512
Operating Revenue	464	364	333	335	436	445	482	476	459	534	512
Total Cost of Revenue	76	-57	25	69	77	-113	12	17	134	-193	17
Operating Cost of Revenue	76	-57	25	69	77	-113	12	17	134	-193	17
Total Operating Expenses	125	264	185	145	178	422	333	341	237	1,094	509
Selling, General & Admin Expense	12	26	26	18	29	38	30	24	22	35	25
Marketing Expense	29	21	21	22	27	24	31	27	27	33	33
Depreciation Expense	75	85	87	103	120	153	166	174	187	214	190
Other Operating Expenses / (Income)	2.62	125	52	1.35	1.70	206	106	116	1.75	329	103
Impairment Charge	-	-	-	-	-	-	0.00	-	-	-	158
Other Special Charges / (Income)	-4.28	6.03	-0.24	-0.15	-0.15	-0.13	-0.13	-0.04	-0.84	-0.51	-0.11
Total Other Income / (Expense), net	71	-36	-7.21	-48	-173	181	-219	-71	188	-96	-5.86
Interest Expense	30	30	29	32	39	54	69	81	40	54	50
Interest & Investment Income	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Other Income / (Expense), net	101	-5.90	21	-17	-134	235	-150	10	228	-43	45
Income Tax Expense	-3.77	3.06	1.61	-222	2.37	35	-16	10	60	-103	-1.05
Preferred Stock Dividends Declared	-	-	0.00	0.00	0.00	0.45	0.35	0.30	0.00	-	0.00
Basic Earnings per Share	$20.27	$7.19	$6.93	$16.35	$0.27	$10.75	($1.87)	$1.00	$5.75	($9.62)	($0.50)
Weighted Average Basic Shares Outstanding	16.65M	16.67M	16.43M	18.03M	18.46M	20.25M	35.57M	36.38M	37.46M	36.73M	37.58M
Diluted Earnings per Share	$20.08	$7.13	$6.89	$16.30	$0.26	$9.99	($1.87)	$0.98	$5.73	($9.58)	($0.50)
Weighted Average Diluted Shares Outstanding	16.81M	16.87M	16.55M	18.09M	18.57M	20.78M	35.57M	37.61M	37.58M	36.73M	37.58M
Weighted Average Basic & Diluted Shares Outstanding	16.81M	17.15M	18.60M	18.60M	24.76M	36.68M	36.66M	38.18M	38.15M	38.12M	38.77M

This table details how cash moves in and out of Vital Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-169	1.83	1.52	79	-67	-4.29	7.90	8.04	-12	-30	26
Net Cash From Operating Activities	498	316	356	385	538	475	383	497	830	813	1,000
Net Cash From Continuing Operating Activities	498	316	356	385	538	475	383	497	830	813	1,000
Net Income / (Loss) Continuing Operations	266	-2,210	-261	549	325	-342	-874	145	632	695	-174
Consolidated Net Income / (Loss)	266	-2,210	-261	549	325	-342	-874	145	632	695	-174
Depreciation Expense	246	278	148	158	213	266	217	215	312	463	742
Non-Cash Adjustments To Reconcile Net Income	-203	2,457	449	-331	-21	599	1,003	65	-178	-99	582
Changes in Operating Assets and Liabilities, net	184	-214	15	4.26	18	-65	20	71	64	-247	-150
Net Cash From Investing Activities	-1,407	-668	-564	295	-691	-662	-389	-797	-476	-1,476	-1,738
Net Cash From Continuing Investing Activities	-1,407	-668	-564	295	-691	-662	-389	-797	-476	-1,476	-1,738
Purchase of Property, Plant & Equipment	-1,347	-633	-374	-564	-705	-669	-391	-1,191	-587	-1,481	-1,739
Sale of Property, Plant & Equipment	1.75	65	0.40	64	13	6.90	1.34	394	109	2.40	2.87
Other Investing Activities, net	0.00	0.00	3.00	-3.00	1.66	-	0.00	0.00	-	2.39	-1.78
Net Cash From Financing Activities	740	353	210	-600	86	182	14	308	-366	633	763
Net Cash From Continuing Financing Activities	740	353	210	-600	86	182	14	308	-366	633	763
Repayment of Debt	-7.79	-1,058	-305	-783	-22	-90	-1,065	-732	-776	-1,188	-1,985
Repurchase of Common Equity	-4.24	-2.81	0.00	0.00	-97	-	0.00	0.00	-37	0.00	0.00
Issuance of Debt	750	660	240	190	210	275	1,080	970	455	1,663	2,752
Issuance of Common Equity	0.00	754	276	-	-	0.00	0.00	72	0.00	161	0.00
Other Financing Activities, net	1.89	0.00	-1.43	-7.27	-4.33	-2.66	-0.78	-2.60	-7.44	-3.08	-3.57

This table details how cash moves in and out of Vital Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-98	-5.51	-0.43	28	518	-576	409	-367	-34	18	-12
Net Cash From Operating Activities	182	109	116	249	214	234	159	338	246	257	351
Net Cash From Continuing Operating Activities	182	109	116	249	214	234	159	338	246	257	351
Net Income / (Loss) Continuing Operations	338	118	114	295	4.89	281	-66	37	215	-359	-19
Consolidated Net Income / (Loss)	338	118	114	295	4.89	281	-66	37	215	-359	-19
Depreciation Expense	75	85	87	103	120	153	166	174	187	214	190
Non-Cash Adjustments To Reconcile Net Income	-230	-46	-20	32	115	-226	172	27	-194	576	138
Changes in Operating Assets and Liabilities, net	-0.97	-48	-64	-181	-27	25	-114	100	38	-174	42
Net Cash From Investing Activities	-150	-32	-164	-675	-163	-475	-206	-227	-1,048	-257	-212
Net Cash From Continuing Investing Activities	-150	-32	-164	-675	-163	-475	-206	-227	-1,048	-257	-212
Purchase of Property, Plant & Equipment	-152	-139	-168	-675	-163	-475	-205	-227	-1,050	-258	-233
Sale of Property, Plant & Equipment	0.89	106	2.18	0.08	0.09	0.06	0.13	0.06	2.56	0.13	21
Other Investing Activities, net	1.56	-	-	-	-	0.31	-0.95	-	-	-	-0.09
Net Cash From Financing Activities	-129	-82	47	454	466	-335	456	-478	767	18	-150
Net Cash From Continuing Financing Activities	-129	-82	47	454	466	-335	456	-478	767	18	-150
Repayment of Debt	-311	-191	-45	-46	-627	-470	-470	-955	-268	-292	-296
Issuance of Debt	200	120	95	500	933	135	930	477	1,035	310	150
Other Financing Activities, net	-0.85	-	-2.46	-0.39	-0.21	-0.02	-3.41	-0.01	-0.11	-0.04	-3.92

This table presents Vital Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	3,911	1,813	1,782	2,023	2,420	2,264	1,443	2,552	2,726	5,150	5,879
Total Current Assets	365	332	155	235	193	200	137	236	246	371	467
Cash & Equivalents	29	31	33	112	-	41	49	57	44	14	40
Accounts Receivable	127	88	87	101	94	85	64	152	163	239	300
Other Current Assets	209	213	35	23	53	74	24	27	38	118	127
Plant, Property, & Equipment, net	3,354	1,200	1,367	1,768	2,200	2,000	1,272	2,250	2,411	4,360	4,998
Plant, Property & Equipment, gross	8,144	6,444	7,077	1,768	7,054	7,725	8,090	9,270	9,729	12,125	13,964
Accumulated Depreciation	1,586	4,219	4,514	-	4,854	5,725	6,818	7,020	7,318	7,765	8,966
Total Noncurrent Assets	191	281	261	20	28	64	34	66	70	418	414
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	-	0.00	189	240
Other Noncurrent Operating Assets	133	88	17	20	28	64	34	66	70	230	175
Total Liabilities & Shareholders' Equity	3,911	1,813	1,782	2,023	2,420	2,264	1,443	2,552	2,726	5,150	5,879
Total Liabilities	2,348	1,682	1,602	1,258	1,246	1,423	1,464	2,038	1,615	2,364	3,178
Total Current Liabilities	354	217	188	277	200	171	198	527	415	596	601
Accounts Payable	39	14	52	58	70	41	38	71	103	160	185
Accrued Expenses	214	96	58	121	79	69	53	169	208	286	283
Other Current Liabilities	101	106	78	99	52	61	106	287	104	149	133
Total Noncurrent Liabilities	1,994	1,465	1,414	980	1,046	1,252	1,266	1,511	1,200	1,769	2,577
Long-Term Debt	1,779	1,416	1,354	792	984	1,170	1,179	1,426	1,113	1,609	2,454
Capital Lease Obligations	-	-	-	-	-	-	8.92	5.73	9.44	71	27
Asset Retirement Reserve & Litigation Obligation	31	45	51	54	53	61	65	69	70	82	83
Other Noncurrent Operating Liabilities	6.23	4.04	9.32	134	8.59	21	13	10	7.27	6.29	13
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,563	131	181	766	1,174	842	-21	514	1,111	2,785	2,701
Total Preferred & Common Equity	1,563	131	181	766	1,174	842	-21	514	1,111	2,785	2,701
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00
Total Common Equity	1,563	131	181	766	1,174	842	-21	514	1,111	2,785	2,701
Common Stock	1,311	2,089	2,399	2,435	2,378	2,388	2,399	2,789	2,754	3,734	3,824
Retained Earnings	253	-1,957	-2,218	-1,669	-1,203	-1,546	-2,420	-2,275	-1,644	-949	-1,123

This table presents Vital Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	2,873	2,806	2,943	3,815	4,426	5,662	5,263	6,251	5,711
Total Current Assets	374	248	230	243	814	746	313	419	408
Cash & Equivalents	148	50	28	72	590	423	57	22	29
Accounts Receivable	206	163	147	144	200	290	225	225	254
Other Current Assets	21	35	55	28	25	32	31	172	125
Plant, Property, & Equipment, net	2,408	2,476	2,512	3,176	3,224	4,496	4,548	5,451	4,876
Plant, Property & Equipment, gross	9,572	9,713	9,914	10,677	10,841	12,422	12,643	13,728	14,184
Accumulated Depreciation	7,164	7,237	7,401	7,501	7,617	7,926	8,095	8,276	9,308
Total Noncurrent Assets	91	82	201	396	388	420	403	380	427
Noncurrent Deferred & Refundable Income Taxes	-	-	-	222	220	206	196	137	242
Other Noncurrent Operating Assets	91	82	201	174	167	214	207	243	185
Total Liabilities & Shareholders' Equity	2,873	2,806	2,943	3,815	4,426	5,662	5,263	6,251	5,711
Total Liabilities	2,194	1,805	1,718	2,212	2,653	2,863	2,427	3,195	3,029
Total Current Liabilities	799	527	392	434	572	609	617	626	608
Accounts Payable	63	86	92	85	106	151	153	165	163
Accrued Expenses	322	305	215	233	239	290	310	298	309
Other Current Liabilities	414	136	84	116	226	169	154	164	135
Total Noncurrent Liabilities	1,394	1,278	1,326	1,778	2,081	2,254	1,810	2,569	2,421
Long-Term Debt	1,291	1,182	1,164	1,620	1,927	2,097	1,662	2,433	2,310
Capital Lease Obligations	-	-	-	76	66	67	57	42	31
Asset Retirement Reserve & Litigation Obligation	70	70	71	74	75	83	84	88	75
Other Noncurrent Operating Liabilities	33	26	91	8.24	13	6.89	6.53	6.01	5.31
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	679	1,001	1,225	1,604	1,773	2,799	2,836	3,056	2,683
Total Preferred & Common Equity	679	1,001	1,225	1,604	1,773	2,799	2,836	3,056	2,683
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00
Total Common Equity	679	1,001	1,225	1,604	1,773	2,799	2,836	3,056	2,683
Common Stock	2,779	2,762	2,755	2,838	3,003	3,814	3,815	3,820	3,824
Retained Earnings	-2,099	-1,762	-1,530	-1,235	-1,230	-1,015	-979	-764	-1,142

This table displays calculated financial ratios and metrics derived from Vital Energy's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.34%	-23.59%	-1.53%	37.63%	34.50%	-24.28%	-19.12%	105.86%	37.78%	-19.43%	26.15%
EBITDA Growth	50.79%	-346.29%	98.82%	1,861.87%	46.30%	-99.82%	-50,570.69%	187.18%	125.23%	4.99%	-32.27%
EBIT Growth	88.25%	-510.01%	92.21%	241.77%	55.00%	-173.06%	-176.79%	133.50%	191.41%	-12.83%	-96.60%
NOPAT Growth	6.95%	-1,336.95%	96.44%	504.16%	38.23%	-183.15%	-110.96%	215.26%	51.12%	-27.68%	-102.08%
Net Income Growth	125.06%	-932.14%	88.20%	310.55%	-40.87%	-205.50%	-155.26%	116.59%	335.50%	10.07%	-124.96%
EPS Growth	110.23%	0.00%	0.00%	297.41%	-40.87%	-205.50%	-153.02%	113.39%	273.28%	-10.68%	-114.17%
Operating Cash Flow Growth	36.62%	-36.59%	12.77%	8.03%	39.72%	-11.66%	-19.30%	29.55%	67.04%	-2.01%	23.05%
Free Cash Flow Firm Growth	-4,581.35%	119.68%	-97.73%	1,245.97%	-626.47%	55.25%	272.78%	-130.03%	1,099.72%	-300.20%	53.08%
Invested Capital Growth	55.46%	-59.32%	-5.00%	14.90%	46.18%	-6.69%	-43.29%	68.93%	15.90%	103.40%	15.49%
Revenue Q/Q Growth	11.81%	-15.82%	11.38%	-39.01%	101.42%	0.34%	-4.25%	25.38%	-5.23%	5.48%	4.82%
EBITDA Q/Q Growth	47.49%	-199.91%	97.51%	15.02%	28.94%	-99.72%	6.82%	818.20%	-7.62%	34.03%	-48.40%
EBIT Q/Q Growth	69.31%	-136.64%	84.30%	22.83%	45.01%	-350.15%	7.95%	276.52%	-11.49%	49.06%	-97.17%
NOPAT Q/Q Growth	-10.37%	-73.66%	92.35%	18.90%	-8.55%	-63.67%	9.65%	149.26%	-7.03%	-22.09%	-103.93%
Net Income Q/Q Growth	100.39%	-111.68%	78.40%	350.01%	-44.38%	-801.26%	7.98%	161.13%	-13.44%	30.69%	-137.13%
EPS Q/Q Growth	92.71%	0.00%	0.00%	-35.49%	-44.38%	-801.26%	7.84%	166.64%	-14.56%	9.35%	-131.96%
Operating Cash Flow Q/Q Growth	7.01%	-9.07%	6.07%	0.53%	3.15%	-4.25%	0.41%	25.14%	-10.82%	18.14%	2.40%
Free Cash Flow Firm Q/Q Growth	-51.78%	143.77%	-97.51%	10,692.77%	-423.31%	49.36%	391.35%	-197.97%	44.18%	-2,085.95%	63.47%
Invested Capital Q/Q Growth	16.06%	-41.61%	-1.73%	-3.00%	9.59%	-3.31%	-15.32%	24.04%	2.65%	40.14%	-6.66%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	80.36%	52.44%	58.33%	66.54%	72.58%	81.78%	63.85%	78.55%	90.85%	96.23%	96.11%
EBITDA Margin	101.11%	-325.88%	-3.91%	50.11%	54.51%	0.13%	-80.86%	34.24%	55.98%	72.94%	39.16%
Operating Margin	28.52%	-407.41%	-14.72%	30.37%	31.52%	-48.80%	-127.29%	51.14%	55.19%	36.16%	-1.16%
EBIT Margin	69.41%	-372.44%	-29.46%	30.35%	34.98%	-33.75%	-115.49%	18.80%	39.75%	43.01%	1.16%
Profit (Net Income) Margin	33.45%	-364.29%	-43.65%	66.77%	29.35%	-40.90%	-129.09%	10.40%	32.88%	44.91%	-8.89%
Tax Burden Percent	61.78%	92.59%	100.00%	99.67%	98.71%	99.25%	99.55%	97.55%	99.14%	135.83%	78.42%
Interest Burden Percent	78.01%	105.64%	148.15%	220.73%	85.03%	122.11%	112.28%	56.73%	83.42%	76.88%	-976.96%
Effective Tax Rate	38.22%	0.00%	0.00%	0.33%	1.29%	0.00%	0.00%	2.45%	0.86%	-35.83%	0.00%
Return on Invested Capital (ROIC)	5.23%	-75.56%	-4.77%	18.41%	19.34%	-14.01%	-39.06%	46.26%	51.55%	22.89%	-0.33%
ROIC Less NNEP Spread (ROIC-NNEP)	15.23%	-108.84%	-22.32%	52.58%	16.94%	-19.46%	-62.93%	2.48%	17.35%	18.15%	-8.01%
Return on Net Nonoperating Assets (RNNOA)	13.50%	-185.25%	-162.36%	97.63%	14.13%	-19.97%	-174.04%	12.64%	26.19%	12.79%	-6.00%
Return on Equity (ROE)	18.73%	-260.81%	-167.13%	116.04%	33.47%	-33.97%	-213.10%	58.91%	77.75%	35.68%	-6.33%
Cash Return on Invested Capital (CROIC)	-38.19%	8.78%	0.35%	4.55%	-18.18%	-7.09%	16.19%	-5.00%	36.83%	-45.27%	-14.70%
Operating Return on Assets (OROA)	16.87%	-78.94%	-9.79%	13.11%	17.41%	-12.06%	-42.20%	13.12%	28.94%	16.90%	0.41%
Return on Assets (ROA)	8.13%	-77.22%	-14.50%	28.85%	14.61%	-14.62%	-47.16%	7.26%	23.93%	17.65%	-3.15%
Return on Common Equity (ROCE)	18.73%	-260.81%	-167.13%	116.04%	33.47%	-33.97%	-213.10%	58.91%	77.75%	35.68%	-6.33%
Return on Equity Simple (ROE_SIMPLE)	16.99%	-1,681.24%	-144.40%	71.71%	27.64%	-40.68%	4,076.73%	28.22%	56.85%	24.96%	-6.43%
Net Operating Profit after Tax (NOPAT)	140	-1,730	-62	249	344	-286	-603	695	1,051	760	-16
NOPAT Margin	17.62%	-285.19%	-10.31%	30.27%	31.11%	-34.16%	-89.10%	49.89%	54.72%	49.12%	-0.81%
Net Nonoperating Expense Percent (NNEP)	-10.00%	33.27%	17.55%	-34.16%	2.40%	5.46%	23.87%	43.79%	34.21%	4.74%	7.68%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	47.06%	17.02%	-0.30%
Cost of Revenue to Revenue	19.64%	47.56%	41.67%	33.46%	27.42%	18.22%	36.15%	21.45%	9.15%	3.77%	3.89%
SG&A Expenses to Revenue	13.36%	16.17%	16.31%	12.31%	9.10%	7.03%	8.56%	4.96%	3.99%	7.18%	5.65%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	51.84%	459.85%	73.05%	36.18%	41.06%	130.58%	191.14%	27.41%	35.65%	60.07%	97.27%
Earnings before Interest and Taxes (EBIT)	551	-2,259	-176	250	387	-283	-782	262	764	666	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	803	-1,977	-23	412	603	1.09	-548	477	1,075	1,129	765
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.95	13.00	18.94	3.36	0.72	0.81	0.00	2.00	0.78	0.40	0.44
Price to Tangible Book Value (P/TBV)	0.95	13.00	18.94	3.36	0.72	0.81	0.00	2.00	0.78	0.40	0.44
Price to Revenue (P/Rev)	1.87	2.82	5.73	3.13	0.77	0.81	0.35	0.74	0.45	0.73	0.60
Price to Earnings (P/E)	5.60	0.00	0.00	4.69	2.61	0.00	0.00	7.08	1.37	1.62	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	17.86%	0.00%	0.00%	21.34%	38.34%	0.00%	0.00%	14.13%	73.05%	61.67%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.98	2.19	3.58	2.25	0.84	0.92	1.23	1.27	0.89	0.63	0.70
Enterprise Value to Revenue (EV/Rev)	4.00	4.78	7.53	3.96	1.61	2.16	2.03	1.72	1.01	1.80	1.85
Enterprise Value to EBITDA (EV/EBITDA)	3.96	0.00	0.00	7.90	2.96	1,668.33	0.00	5.03	1.81	2.47	4.74
Enterprise Value to EBIT (EV/EBIT)	5.77	0.00	0.00	13.04	4.62	0.00	0.00	9.16	2.54	4.20	159.86
Enterprise Value to NOPAT (EV/NOPAT)	22.73	0.00	0.00	13.07	5.19	0.00	0.00	3.45	1.85	3.67	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	6.38	9.18	12.62	8.45	3.32	3.81	3.59	4.83	2.34	3.44	3.62
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	14.43	985.44	52.94	0.00	0.00	5.50	0.00	2.59	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.14	10.77	7.50	1.03	0.84	1.39	-55.41	2.79	1.01	0.60	0.92
Long-Term Debt to Equity	1.14	10.77	7.50	1.03	0.84	1.39	-55.41	2.79	1.01	0.60	0.92
Financial Leverage	0.89	1.70	7.27	1.86	0.83	1.03	2.77	5.11	1.51	0.70	0.75
Leverage Ratio	2.30	3.38	11.52	4.02	2.29	2.32	4.52	8.11	3.25	2.02	2.01
Compound Leverage Factor	1.80	3.57	17.07	8.88	1.95	2.84	5.07	4.60	2.71	1.55	-19.64
Debt to Total Capital	53.23%	91.51%	88.23%	50.84%	45.58%	58.16%	101.84%	73.59%	50.26%	37.63%	47.88%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	53.23%	91.51%	88.23%	50.84%	45.58%	58.16%	101.84%	73.59%	50.26%	37.63%	47.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	46.77%	8.49%	11.77%	49.16%	54.42%	41.84%	-1.84%	26.41%	49.74%	62.37%	52.12%
Debt to EBITDA	2.22	-0.72	-57.90	1.92	1.63	1,078.73	-2.17	3.00	1.04	1.49	3.24
Net Debt to EBITDA	2.11	-0.60	-46.07	1.65	1.56	1,041.07	-2.08	2.88	1.00	1.48	3.19
Long-Term Debt to EBITDA	2.22	-0.72	-57.90	1.92	1.63	1,078.73	-2.17	3.00	1.04	1.49	3.24
Debt to NOPAT	12.72	-0.82	-21.99	3.18	2.86	-4.09	-1.97	2.06	1.07	2.21	-157.16
Net Debt to NOPAT	12.10	-0.69	-17.50	2.73	2.73	-3.95	-1.89	1.98	1.03	2.19	-154.61
Long-Term Debt to NOPAT	12.72	-0.82	-21.99	3.18	2.86	-4.09	-1.97	2.06	1.07	2.21	-157.16
Altman Z-Score	1.14	-4.60	-0.47	0.86	0.69	-0.70	-3.62	-0.20	1.03	0.70	0.27
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.03	1.53	0.82	0.85	0.96	1.17	0.69	0.45	0.59	0.62	0.78
Quick Ratio	0.44	0.55	0.64	0.77	0.47	0.74	0.57	0.40	0.50	0.42	0.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,021	201	4.56	61	-323	-145	250	-75	751	-1,503	-705
Operating Cash Flow to CapEx	37.04%	55.66%	95.49%	77.02%	77.65%	71.79%	98.50%	62.33%	173.62%	54.98%	57.63%
Free Cash Flow to Firm to Interest Expense	-8.42	1.49	0.05	0.54	-5.59	-2.32	2.60	-0.66	5.93	-9.77	-2.89
Operating Cash Flow to Interest Expense	4.11	2.34	3.78	3.40	9.29	7.60	3.99	4.38	6.55	5.28	4.10
Operating Cash Flow Less CapEx to Interest Expense	-6.98	-1.87	-0.18	-1.02	-2.67	-2.99	-0.06	-2.65	2.78	-4.33	-3.02
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.21	0.33	0.43	0.50	0.36	0.37	0.70	0.73	0.39	0.35
Accounts Receivable Turnover	7.77	5.65	6.84	8.77	11.34	9.33	9.08	12.92	12.19	7.70	7.25
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.29	0.27	0.47	0.52	0.56	0.40	0.41	0.79	0.82	0.46	0.42
Accounts Payable Turnover	5.33	10.85	7.50	4.98	4.74	2.77	6.21	5.45	2.02	0.44	0.44
Days Sales Outstanding (DSO)	46.95	64.57	53.33	41.62	32.18	39.13	40.21	28.25	29.95	47.42	50.34
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	68.48	33.64	48.67	73.35	76.94	131.65	58.75	66.94	180.52	820.56	829.44
Cash Conversion Cycle (CCC)	-21.53	30.92	4.66	-31.72	-44.76	-92.52	-18.54	-38.69	-150.57	-773.14	-779.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,255	1,324	1,258	1,445	2,113	1,971	1,118	1,889	2,189	4,452	5,141
Invested Capital Turnover	0.30	0.27	0.46	0.61	0.62	0.41	0.44	0.93	0.94	0.47	0.41
Increase / (Decrease) in Invested Capital	1,161	-1,931	-66	187	667	-141	-853	771	300	2,263	689
Enterprise Value (EV)	3,179	2,901	4,498	3,253	1,785	1,810	1,376	2,401	1,943	2,793	3,620
Market Capitalization	1,487	1,708	3,421	2,573	847	681	236	1,026	865	1,126	1,180
Book Value per Share	$10.88	$0.61	$0.75	$3.16	$5.02	$3.55	($1.79)	$30.10	$66.06	$112.49	$70.78
Tangible Book Value per Share	$10.88	$0.61	$0.75	$3.16	$5.02	$3.55	($1.79)	$30.10	$66.06	$112.49	$70.78
Total Capital	3,343	1,548	1,534	1,557	2,158	2,012	1,167	1,945	2,233	4,466	5,182
Total Debt	1,779	1,416	1,354	792	984	1,170	1,188	1,432	1,122	1,681	2,481
Total Long-Term Debt	1,779	1,416	1,354	792	984	1,170	1,188	1,432	1,122	1,681	2,481
Net Debt	1,692	1,193	1,077	680	938	1,130	1,139	1,375	1,078	1,667	2,441
Capital Expenditures (CapEx)	1,345	568	373	500	693	662	389	797	478	1,479	1,736
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-18	84	-66	-154	-53	-11	-110	-348	-214	-239	-175
Debt-free Net Working Capital (DFNWC)	11	115	-33	-42	-7.71	30	-61	-291	-169	-225	-135
Net Working Capital (NWC)	11	115	-33	-42	-7.71	30	-61	-291	-169	-225	-135
Net Nonoperating Expense (NNE)	-126	480	199	-300	19	56	271	550	419	65	158
Net Nonoperating Obligations (NNO)	1,692	1,193	1,077	680	938	1,130	1,139	1,375	1,078	1,667	2,441
Total Depreciation and Amortization (D&A)	252	282	153	162	216	284	234	215	312	463	742
Debt-free, Cash-free Net Working Capital to Revenue	-2.26%	13.89%	-11.02%	-18.75%	-4.78%	-1.35%	-16.21%	-24.95%	-11.14%	-15.43%	-8.95%
Debt-free Net Working Capital to Revenue	1.44%	19.03%	-5.55%	-5.11%	-0.70%	3.53%	-9.01%	-20.88%	-8.82%	-14.52%	-6.89%
Net Working Capital to Revenue	1.44%	19.03%	-5.55%	-5.11%	-0.70%	3.53%	-9.01%	-20.88%	-8.82%	-14.52%	-6.89%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$37.60	($222.00)	($23.20)	$0.00	$28.00	($29.60)	($74.92)	$10.18	$37.88	$34.30	($4.74)
Adjusted Weighted Average Basic Shares Outstanding	7.07M	9.96M	11.28M	11.95M	11.62M	11.56M	11.67M	14.24M	16.67M	20.25M	36.73M
Adjusted Diluted Earnings per Share	$37.00	($222.00)	($23.20)	$0.00	$27.80	($29.60)	($74.92)	$10.03	$37.44	$33.44	($4.74)
Adjusted Weighted Average Diluted Shares Outstanding	7.18M	9.96M	11.28M	12.01M	11.66M	11.56M	11.67M	14.46M	16.87M	20.78M	36.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($29.60)	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	7.16M	10.69M	12.10M	12.13M	11.70M	11.86M	12.02M	17.30M	17.15M	36.68M	38.12M
Normalized Net Operating Profit after Tax (NOPAT)	142	-63	52	249	344	160	30	624	1,062	392	321
Normalized NOPAT Margin	17.92%	-10.45%	8.68%	30.27%	31.11%	19.12%	4.37%	44.77%	55.31%	25.36%	16.42%
Pre Tax Income Margin	54.15%	-393.46%	-43.65%	66.99%	29.74%	-41.21%	-129.67%	10.66%	33.16%	33.07%	-11.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.54	-16.77	-1.87	2.21	6.68	-4.52	-8.15	2.31	6.03	4.33	0.09
NOPAT to Interest Expense	1.15	-12.84	-0.65	2.20	5.94	-4.58	-6.28	6.13	8.30	4.94	-0.06
EBIT Less CapEx to Interest Expense	-6.55	-20.98	-5.83	-2.21	-5.28	-15.11	-12.20	-4.72	2.26	-5.28	-7.02
NOPAT Less CapEx to Interest Expense	-9.94	-17.05	-4.62	-2.22	-6.02	-15.17	-10.34	-0.89	4.53	-4.67	-7.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	1.60%	-0.13%	0.00%	0.00%	29.90%	0.00%	0.00%	0.00%	5.90%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Vital Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.38%	-22.56%	-37.55%	-40.18%	-6.16%	22.08%	45.06%	42.17%	5.45%	20.21%	6.19%
EBITDA Growth	84.30%	-27.27%	1,160.88%	-45.50%	-61.95%	121.21%	-33.53%	45.49%	200.96%	-137.10%	43.61%
EBIT Growth	114.32%	-39.57%	361.14%	-65.54%	-87.21%	144.72%	-108.78%	22.58%	577.98%	-210.29%	341.15%
NOPAT Growth	2.15%	-34.15%	-36.07%	36.49%	-54.43%	-21.40%	-20.52%	-81.29%	-43.38%	-312.50%	-110.21%
Net Income Growth	146.67%	-45.34%	231.30%	12.29%	-98.55%	138.05%	-158.04%	-87.55%	4,300.16%	-227.70%	71.52%
EPS Growth	134.58%	-53.06%	233.01%	5.78%	-98.71%	40.11%	-127.14%	-93.99%	2,103.85%	-195.90%	73.26%
Operating Cash Flow Growth	82.76%	-48.03%	-32.04%	-32.39%	17.89%	114.60%	36.57%	35.97%	14.92%	10.03%	121.32%
Free Cash Flow Firm Growth	-689.71%	72.68%	17.65%	-80.76%	-168.70%	-1,358.56%	-352.55%	-29.10%	-145.17%	55.88%	77.64%
Invested Capital Growth	40.05%	15.90%	32.63%	77.02%	48.98%	103.40%	92.22%	39.39%	73.40%	15.49%	10.04%
Revenue Q/Q Growth	-17.15%	-21.54%	-8.68%	0.77%	29.98%	2.07%	8.51%	-1.24%	-3.60%	16.36%	-4.15%
EBITDA Q/Q Growth	15.13%	-46.15%	-2.35%	-9.98%	-19.62%	213.07%	-70.66%	97.05%	66.27%	-138.59%	213.57%
EBIT Q/Q Growth	20.09%	-58.44%	-4.80%	-27.48%	-55.44%	695.38%	-103.41%	1,113.06%	146.48%	-229.39%	107.46%
NOPAT Q/Q Growth	-25.94%	-42.42%	-21.04%	305.29%	-75.27%	-0.68%	-20.15%	-4.58%	-25.17%	-472.71%	96.16%
Net Income Q/Q Growth	28.56%	-64.97%	-3.62%	158.74%	-98.34%	5,651.77%	-123.50%	155.50%	486.62%	-266.93%	94.76%
EPS Q/Q Growth	30.31%	-64.49%	-3.37%	136.57%	-98.40%	3,742.31%	-118.72%	152.41%	484.69%	-267.19%	94.78%
Operating Cash Flow Q/Q Growth	-50.64%	-40.05%	6.62%	114.33%	-13.93%	9.11%	-32.15%	113.38%	-27.26%	4.47%	36.48%
Free Cash Flow Firm Q/Q Growth	32.03%	57.24%	-213.11%	-98.61%	-1.04%	-132.13%	2.85%	43.34%	-91.88%	58.22%	50.78%
Invested Capital Q/Q Growth	16.96%	2.65%	7.89%	36.66%	-1.57%	40.14%	1.96%	-0.90%	22.45%	-6.66%	-2.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	83.56%	115.61%	92.46%	79.41%	82.25%	125.42%	75.55%	96.37%	70.81%	136.19%	96.71%
EBITDA Margin	94.61%	64.93%	69.44%	62.03%	38.36%	117.66%	31.82%	63.48%	109.49%	-36.31%	43.03%
Operating Margin	56.72%	43.19%	36.92%	36.25%	41.37%	30.43%	28.49%	24.74%	19.15%	-68.45%	-2.74%
EBIT Margin	78.47%	41.57%	43.34%	31.19%	10.69%	83.33%	-2.62%	26.89%	68.75%	-76.45%	5.95%
Profit (Net Income) Margin	72.72%	32.47%	34.27%	87.99%	1.12%	63.31%	-13.71%	7.70%	46.88%	-67.26%	-3.68%
Tax Burden Percent	101.13%	97.48%	98.61%	403.96%	67.34%	89.08%	80.77%	77.91%	78.11%	77.77%	94.72%
Interest Burden Percent	91.65%	80.12%	80.18%	69.83%	15.60%	85.30%	647.53%	36.78%	87.29%	113.11%	-65.21%
Effective Tax Rate	-1.13%	2.52%	1.39%	-303.96%	32.66%	10.92%	0.00%	22.09%	21.89%	0.00%	0.00%
Return on Invested Capital (ROIC)	63.62%	39.67%	30.25%	86.73%	15.40%	12.63%	9.81%	9.17%	6.42%	-19.50%	-0.80%
ROIC Less NNEP Spread (ROIC-NNEP)	69.49%	36.81%	29.68%	72.58%	6.21%	24.36%	-1.47%	5.82%	14.02%	-24.53%	-1.24%
Return on Net Nonoperating Assets (RNNOA)	137.88%	55.57%	44.86%	87.98%	5.68%	17.16%	-1.05%	4.31%	11.20%	-18.37%	-0.92%
Return on Equity (ROE)	201.50%	95.24%	75.12%	174.72%	21.08%	29.80%	8.76%	13.48%	17.61%	-37.87%	-1.72%
Cash Return on Invested Capital (CROIC)	28.50%	36.83%	15.58%	-20.25%	-2.59%	-45.27%	-35.85%	-19.75%	-44.45%	-14.70%	-12.11%
Operating Return on Assets (OROA)	62.80%	30.26%	26.31%	13.95%	4.34%	32.75%	-1.03%	10.89%	23.99%	-27.07%	2.08%
Return on Assets (ROA)	58.21%	23.63%	20.80%	39.36%	0.46%	24.88%	-5.41%	3.12%	16.36%	-23.81%	-1.28%
Return on Common Equity (ROCE)	201.50%	95.24%	75.12%	174.72%	21.08%	29.80%	8.76%	13.48%	17.61%	-37.87%	-1.72%
Return on Equity Simple (ROE_SIMPLE)	72.91%	0.00%	67.92%	53.91%	30.00%	0.00%	18.40%	9.06%	15.29%	0.00%	-4.71%
Net Operating Profit after Tax (NOPAT)	266	153	121	491	121	120	96	92	69	-256	-9.82
NOPAT Margin	57.36%	42.10%	36.41%	146.42%	27.86%	27.10%	19.95%	19.27%	14.96%	-47.91%	-1.92%
Net Nonoperating Expense Percent (NNEP)	-5.87%	2.86%	0.57%	14.15%	9.18%	-11.73%	11.29%	3.35%	-7.60%	5.03%	0.44%
Return On Investment Capital (ROIC_SIMPLE)	-	6.86%	-	-	-	2.70%	-	-	-	-4.94%	-0.20%
Cost of Revenue to Revenue	16.44%	-15.61%	7.54%	20.59%	17.75%	-25.42%	24.45%	3.63%	29.19%	-36.19%	3.29%
SG&A Expenses to Revenue	2.55%	7.10%	7.80%	5.52%	6.58%	8.55%	6.09%	4.95%	4.79%	6.63%	4.80%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	26.84%	72.43%	55.54%	43.16%	40.88%	95.00%	47.06%	71.64%	51.66%	204.64%	99.44%
Earnings before Interest and Taxes (EBIT)	364	151	144	105	47	370	-13	128	316	-409	30
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	439	236	231	208	167	523	153	302	503	-194	220
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.07	0.78	0.64	0.52	0.58	0.40	0.69	0.58	0.34	0.44	0.30
Price to Tangible Book Value (P/TBV)	1.07	0.78	0.64	0.52	0.58	0.40	0.69	0.58	0.34	0.44	0.30
Price to Revenue (P/Rev)	0.53	0.45	0.45	0.56	0.70	0.73	1.14	0.89	0.55	0.60	0.41
Price to Earnings (P/E)	1.47	1.37	0.94	0.97	1.94	1.62	3.75	6.42	2.20	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	67.87%	73.05%	106.56%	102.96%	51.61%	61.67%	26.68%	15.57%	45.40%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.03	0.89	0.81	0.76	0.77	0.63	0.81	0.73	0.63	0.70	0.62
Enterprise Value to Revenue (EV/Rev)	1.09	1.01	1.11	1.65	1.66	1.80	2.16	1.80	1.87	1.85	1.57
Enterprise Value to EBITDA (EV/EBITDA)	1.90	1.81	1.49	2.21	2.89	2.47	3.49	2.88	2.35	4.74	3.75
Enterprise Value to EBIT (EV/EBIT)	2.56	2.54	1.99	3.22	5.45	4.20	7.21	6.21	4.34	159.86	47.45
Enterprise Value to NOPAT (EV/NOPAT)	1.95	1.85	2.12	2.76	2.50	3.67	3.90	6.50	8.67	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	2.37	2.34	2.47	3.76	3.54	3.44	4.29	3.50	3.56	3.62	2.62
Enterprise Value to Free Cash Flow (EV/FCFF)	4.24	2.59	5.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.18	1.01	0.95	1.06	1.12	0.60	0.77	0.61	0.81	0.92	0.87
Long-Term Debt to Equity	1.18	1.01	0.95	1.06	1.12	0.60	0.77	0.61	0.81	0.92	0.87
Financial Leverage	1.98	1.51	1.51	1.21	0.91	0.70	0.71	0.74	0.80	0.75	0.74
Leverage Ratio	4.14	3.25	3.44	2.93	2.61	2.02	2.14	2.05	2.21	2.01	2.07
Compound Leverage Factor	3.79	2.60	2.76	2.05	0.41	1.72	13.85	0.75	1.93	2.27	-1.35
Debt to Total Capital	54.15%	50.26%	48.71%	51.39%	52.92%	37.63%	43.60%	37.74%	44.75%	47.88%	46.60%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	54.15%	50.26%	48.71%	51.39%	52.92%	37.63%	43.60%	37.74%	44.75%	47.88%	46.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	45.85%	49.74%	51.29%	48.61%	47.08%	62.37%	56.40%	62.26%	55.25%	52.12%	53.40%
Debt to EBITDA	1.02	1.04	0.90	1.52	2.37	1.49	2.06	1.50	1.67	3.24	2.82
Net Debt to EBITDA	0.97	1.00	0.88	1.46	1.67	1.48	1.66	1.45	1.66	3.19	2.78
Long-Term Debt to EBITDA	1.02	1.04	0.90	1.52	2.37	1.49	2.06	1.50	1.67	3.24	2.82
Debt to NOPAT	1.05	1.07	1.29	1.90	2.04	2.21	2.30	3.38	6.16	-157.16	-19.22
Net Debt to NOPAT	1.00	1.03	1.26	1.82	1.44	2.19	1.85	3.27	6.11	-154.61	-18.98
Long-Term Debt to NOPAT	1.05	1.07	1.29	1.90	2.04	2.21	2.30	3.38	6.16	-157.16	-19.22
Altman Z-Score	0.51	0.29	0.23	0.20	0.28	0.51	0.47	0.51	0.45	0.03	0.20
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.47	0.59	0.59	0.56	1.42	0.62	1.22	0.51	0.67	0.78	0.67
Quick Ratio	0.40	0.50	0.45	0.50	1.38	0.42	1.17	0.46	0.39	0.57	0.47
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-344	-147	-460	-914	-923	-2,143	-2,082	-1,179	-2,263	-945	-465
Operating Cash Flow to CapEx	119.94%	332.08%	70.11%	36.86%	131.68%	49.21%	77.47%	149.29%	23.51%	99.90%	165.54%
Free Cash Flow to Firm to Interest Expense	-11.30	-4.88	-16.11	-28.98	-23.48	-39.34	-30.07	-14.56	-56.41	-17.65	-9.24
Operating Cash Flow to Interest Expense	5.97	3.62	4.07	7.89	5.45	4.29	2.29	4.18	6.14	4.80	6.97
Operating Cash Flow Less CapEx to Interest Expense	0.99	2.53	-1.73	-13.52	1.31	-4.43	-0.67	1.38	-19.96	0.00	2.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.73	0.61	0.45	0.41	0.39	0.39	0.41	0.35	0.35	0.35
Accounts Receivable Turnover	14.20	12.19	9.54	8.56	8.09	7.70	7.76	9.97	8.77	7.25	7.28
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.91	0.82	0.71	0.54	0.51	0.46	0.48	0.48	0.43	0.42	0.42
Accounts Payable Turnover	4.22	2.02	0.76	1.54	1.19	0.44	1.25	0.84	1.15	0.44	0.51
Days Sales Outstanding (DSO)	25.71	29.95	38.24	42.63	45.12	47.42	47.02	36.60	41.63	50.34	50.14
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	86.55	180.52	483.03	237.21	306.89	820.56	292.60	436.31	316.38	829.44	711.44
Cash Conversion Cycle (CCC)	-60.84	-150.57	-444.79	-194.58	-261.78	-773.14	-245.58	-399.71	-274.76	-779.11	-661.30
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,132	2,189	2,361	3,227	3,177	4,452	4,539	4,499	5,508	5,141	4,995
Invested Capital Turnover	1.11	0.94	0.83	0.59	0.55	0.47	0.49	0.48	0.43	0.41	0.42
Increase / (Decrease) in Invested Capital	610	300	581	1,404	1,044	2,263	2,178	1,271	2,332	689	456
Enterprise Value (EV)	2,207	1,943	1,917	2,463	2,434	2,793	3,668	3,306	3,480	3,620	3,121
Market Capitalization	1,075	865	781	840	1,031	1,126	1,927	1,643	1,027	1,180	809
Book Value per Share	$58.50	$66.06	$71.45	$86.23	$95.34	$112.49	$76.31	$77.36	$80.04	$70.78	$70.37
Tangible Book Value per Share	$58.50	$66.06	$71.45	$86.23	$95.34	$112.49	$76.31	$77.36	$80.04	$70.78	$70.37
Total Capital	2,182	2,233	2,389	3,299	3,766	4,466	4,963	4,555	5,531	5,182	5,024
Total Debt	1,182	1,122	1,164	1,695	1,993	1,681	2,164	1,719	2,475	2,481	2,341
Total Long-Term Debt	1,182	1,122	1,164	1,695	1,993	1,681	2,164	1,719	2,475	2,481	2,341
Net Debt	1,132	1,078	1,136	1,624	1,404	1,667	1,741	1,663	2,453	2,441	2,312
Capital Expenditures (CapEx)	151	33	166	675	163	475	205	227	1,047	257	212
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-329	-214	-190	-263	-347	-239	-287	-361	-229	-175	-228
Debt-free Net Working Capital (DFNWC)	-279	-169	-162	-191	243	-225	137	-305	-207	-135	-199
Net Working Capital (NWC)	-279	-169	-162	-191	243	-225	137	-305	-207	-135	-199
Net Nonoperating Expense (NNE)	-71	35	7.11	196	116	-161	162	55	-147	103	9.02
Net Nonoperating Obligations (NNO)	1,132	1,078	1,136	1,624	1,404	1,667	1,741	1,663	2,453	2,441	2,312
Total Depreciation and Amortization (D&A)	75	85	87	103	120	153	166	174	187	214	190
Debt-free, Cash-free Net Working Capital to Revenue	-16.24%	-11.14%	-11.01%	-17.55%	-23.66%	-15.43%	-16.89%	-19.66%	-12.31%	-8.95%	-11.51%
Debt-free Net Working Capital to Revenue	-13.78%	-8.82%	-9.40%	-12.76%	16.53%	-14.52%	8.05%	-16.58%	-11.12%	-6.89%	-10.06%
Net Working Capital to Revenue	-13.78%	-8.82%	-9.40%	-12.76%	16.53%	-14.52%	8.05%	-16.58%	-11.12%	-6.89%	-10.06%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$20.27	$7.19	$6.93	$16.35	$0.27	$10.75	($1.87)	$1.00	$5.75	($9.62)	($0.50)
Adjusted Weighted Average Basic Shares Outstanding	16.65M	16.67M	16.43M	18.03M	18.46M	20.25M	35.57M	36.38M	37.46M	36.73M	37.58M
Adjusted Diluted Earnings per Share	$20.08	$7.13	$6.89	$16.30	$0.26	$9.99	($1.87)	$0.98	$5.73	($9.58)	($0.50)
Adjusted Weighted Average Diluted Shares Outstanding	16.81M	16.87M	16.55M	18.09M	18.57M	20.78M	35.57M	37.61M	37.58M	36.73M	37.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	16.81M	17.15M	18.60M	18.60M	24.76M	36.68M	36.66M	38.18M	38.15M	38.12M	38.77M
Normalized Net Operating Profit after Tax (NOPAT)	189	159	121	85	121	120	96	92	68	-256	101
Normalized NOPAT Margin	40.63%	43.71%	36.33%	25.34%	27.83%	27.08%	19.93%	19.26%	14.82%	-47.98%	19.69%
Pre Tax Income Margin	71.91%	33.31%	34.75%	21.78%	1.67%	71.08%	-16.98%	9.89%	60.02%	-86.48%	-3.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.97	5.03	5.05	3.31	1.18	6.80	-0.18	1.58	7.87	-7.63	0.61
NOPAT to Interest Expense	8.75	5.10	4.24	15.56	3.09	2.21	1.39	1.13	1.71	-4.78	-0.19
EBIT Less CapEx to Interest Expense	6.99	3.94	-0.75	-18.10	-2.95	-1.92	-3.14	-1.22	-18.23	-12.43	-3.60
NOPAT Less CapEx to Interest Expense	3.77	4.01	-1.56	-5.86	-1.05	-6.51	-1.57	-1.67	-24.39	-9.59	-4.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	3.64%	5.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

Vital Energy reported mixed Q1 2025 results, with strong cash flow and margin expansion offset by a small net loss. Revenue dipped sequentially, but underlying operating performance improved notably versus prior-year quarter. The balance sheet shows manageable leverage and attractive valuation multiples.

EBITDA soared 43.6% year-over-year to $220.4 million in Q1 2025, driven by high gross margins (96.7%).
Operating cash flow jumped 121% year-over-year to $350.9 million, reflecting robust core cash generation.
Net debt to EBITDA improved to 2.78×, down from 3.19× in Q4 2024, indicating strengthening credit metrics.
EV/EBITDA of 3.75× and P/Revenue of 0.41× remain at historically low valuation levels.
High accounts payable days (711 days) and negative cash conversion cycle support working capital financing.
Revenue fell 4.2% sequentially in Q1 2025 after strong Q4 gains, suggesting near-term variability in volumes or pricing.
Capital expenditures of $212 million remain elevated to sustain production and reserve growth.
Net loss narrowed to $18.8 million (EPS -$0.50), versus larger losses in prior quarters, but profitability remains elusive.
Free cash flow to firm was negative $465 million, despite healthy operating cash flow, due to high CapEx.
Return on invested capital (ROIC) remains negative at -0.80%, with ROE at -1.72%, highlighting unprofitable capital deployment.

06/19/25 02:04 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Vital Energy's Financials

When does Vital Energy's fiscal year end?

According to the most recent income statement we have on file, Vital Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Vital Energy's net income changed over the last 10 years?

Vital Energy's net income appears to be on a downward trend, with a most recent value of -$173.52 million in 2024, falling from $265.57 million in 2014. The previous period was $695.08 million in 2023. Find out what analysts predict for Vital Energy in the coming months.

What is Vital Energy's operating income?

Vital Energy's total operating income in 2024 was -$22.55 million, based on the following breakdown:

Total Gross Profit: $1.88 billion
Total Operating Expenses: $1.90 billion

How has Vital Energy's revenue changed over the last 10 years?

Over the last 10 years, Vital Energy's total revenue changed from $793.89 million in 2014 to $1.95 billion in 2024, a change of 145.9%.

How much debt does Vital Energy have?

Vital Energy's total liabilities were at $3.18 billion at the end of 2024, a 34.4% increase from 2023, and a 35.4% increase since 2014.

How much cash does Vital Energy have?

In the past 10 years, Vital Energy's cash and equivalents has ranged from $0.00 in 2018 to $112.16 million in 2017, and is currently $40.18 million as of their latest financial filing in 2024.

How has Vital Energy's book value per share changed over the last 10 years?

Over the last 10 years, Vital Energy's book value per share changed from 10.88 in 2014 to 70.78 in 2024, a change of 550.6%.

Related Companies

This page (NYSE:VTLE) was last updated on 6/19/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Vital Energy (VTLE) Financials

Key Financial Trends

Frequently Asked Questions About Vital Energy's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Vital Energy (VTLE) Financials

Annual Income Statements for Vital Energy

Quarterly Income Statements for Vital Energy

Annual Cash Flow Statements for Vital Energy

Quarterly Cash Flow Statements for Vital Energy

Annual Balance Sheets for Vital Energy

Quarterly Balance Sheets for Vital Energy

Annual Metrics And Ratios for Vital Energy

Quarterly Metrics And Ratios for Vital Energy

Key Financial Trends

Frequently Asked Questions About Vital Energy's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools