Vital Energy Inc Financials
This page shows Vital Energy Inc (VTLE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Vital Energy’s cash engine is strong, but reported profit and liquidity are dominated by a heavy reinvestment cycle.
In FY2024, operating cash flow reached$1.0B while net income fell to-$173.5M , showing that this asset base can throw off cash even when accounting earnings are depressed by non-cash charges. That cash still did not make the business self-funding: investing outflows were$1.74B , and long-term debt ended at$2.45B , so expansion absorbed operating cash rather than turning into balance-sheet slack.
The liquidity setup is tight by design rather than cash-rich: FY2024 ended with only
The margin shape shows earnings are highly sensitive to the operating environment: operating margin moved from
Financial Health Signals
Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Vital Energy Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Vital Energy Inc has an operating margin of -1.2%, meaning the company retains $-1 of operating profit per $100 of revenue. This strong profitability earns a score of 70/100, reflecting efficient cost management and pricing power. This is down from 36.2% the prior year.
Vital Energy Inc's revenue surged 26.2% year-over-year to $2.0B, reflecting rapid business expansion. This strong growth earns a score of 35/100.
Vital Energy Inc carries a low D/E ratio of 0.91, meaning only $0.91 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 83/100, indicating a strong balance sheet with room for future borrowing.
Vital Energy Inc's current ratio of 0.78 is below the typical benchmark, resulting in a score of 10/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Vital Energy Inc's ROE of -6.4% shows moderate profitability relative to equity, earning a score of 46/100. This is down from 25.0% the prior year.
Vital Energy Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Vital Energy Inc generates $-5.76 in operating cash flow ($1.0B OCF vs -$173.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Vital Energy Inc earns $-0.1 in operating income for every $1 of interest expense (-$22.6M vs $177.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Vital Energy Inc generated $2.0B in revenue in fiscal year 2024. This represents an increase of 26.2% from the prior year.
Vital Energy Inc's EBITDA was $719.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 29.7% from the prior year.
Vital Energy Inc reported -$173.5M in net income in fiscal year 2024. This represents a decrease of 125.0% from the prior year.
Vital Energy Inc earned $-4.74 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 114.2% from the prior year.
Cash & Balance Sheet
Vital Energy Inc held $40.2M in cash against $2.5B in long-term debt as of fiscal year 2024.
Vital Energy Inc had 38M shares outstanding in fiscal year 2024. This represents an increase of 7.7% from the prior year.
Margins & Returns
Vital Energy Inc's operating margin was -1.2% in fiscal year 2024, reflecting core business profitability. This is down 37.3 percentage points from the prior year.
Vital Energy Inc's net profit margin was -8.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 53.8 percentage points from the prior year.
Vital Energy Inc's ROE was -6.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 31.4 percentage points from the prior year.
Capital Allocation
Vital Energy Inc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
VTLE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $420.8M-2.0% | $429.6M-16.1% | $512.2M-4.2% | $534.4M+16.4% | $459.2M-3.6% | $476.4M-1.2% | $482.3M+8.5% | $444.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $25.0M+5.3% | $23.8M+4.9% | $22.7M-14.9% | $26.6M+21.1% | $22.0M-6.7% | $23.6M-19.7% | $29.4M-7.6% | $31.8M |
| Operating Income | -$362.4M+0.3% | -$363.4M-2490.2% | -$14.0M+96.2% | -$365.8M-515.9% | $87.9M-25.4% | $117.8M-14.3% | $137.4M+1.6% | $135.3M |
| Interest Expense | $50.0M+0.3% | $49.9M-1.0% | $50.4M-5.9% | $53.6M+33.5% | $40.1M-1.4% | $40.7M-6.3% | $43.4M-13.9% | $50.4M |
| Income Tax | -$1.8M-100.7% | $239.2M+22899.8% | -$1.0M+99.0% | -$102.7M-270.3% | $60.3M+479.5% | $10.4M+166.1% | -$15.7M-145.6% | $34.5M |
| Net Income | -$353.5M+39.3% | -$582.6M-2992.7% | -$18.8M+94.8% | -$359.4M-266.9% | $215.3M+486.6% | $36.7M+155.5% | -$66.1M-123.5% | $281.4M |
| EPS (Diluted) | $-9.35+39.4% | $-15.43-2986.0% | $-0.50 | N/A | $5.73+484.7% | $0.98+152.4% | $-1.87 | N/A |
VTLE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.7B-7.5% | $5.1B-10.7% | $5.7B-2.8% | $5.9B-6.0% | $6.3B+18.8% | $5.3B-7.0% | $5.7B+9.9% | $5.1B |
| Current Assets | $421.1M-2.2% | $430.4M+5.4% | $408.2M-12.5% | $466.6M+11.3% | $419.3M+34.2% | $312.5M-58.1% | $745.9M+101.1% | $370.9M |
| Cash & Equivalents | $14.7M-51.3% | $30.2M+5.4% | $28.6M-28.7% | $40.2M+81.1% | $22.2M-60.8% | $56.6M-86.6% | $423.3M+2910.6% | $14.1M |
| Inventory | N/A | N/A | N/A | $17.3M | N/A | N/A | N/A | $13.7M |
| Accounts Receivable | $227.7M-6.3% | $243.0M-4.5% | $254.3M-15.1% | $299.7M+33.2% | $225.0M-0.1% | $225.1M-22.4% | $290.2M+21.6% | $238.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.0B-1.1% | $3.0B-1.1% | $3.0B-4.7% | $3.2B-0.5% | $3.2B+31.6% | $2.4B-15.2% | $2.9B+21.1% | $2.4B |
| Current Liabilities | $541.5M-0.7% | $545.5M-10.2% | $607.7M+1.1% | $601.1M-4.0% | $626.3M+1.4% | $617.4M+1.3% | $609.3M+2.3% | $595.6M |
| Long-Term Debt | $2.3B-1.7% | $2.3B+0.5% | $2.3B-5.9% | $2.5B+0.9% | $2.4B+46.4% | $1.7B-20.7% | $2.1B+30.3% | $1.6B |
| Total Equity | $1.8B-16.6% | $2.1B-21.5% | $2.7B-0.7% | $2.7B-11.6% | $3.1B+7.8% | $2.8B+1.3% | $2.8B+0.5% | $2.8B |
| Retained Earnings | -$2.1B-20.5% | -$1.7B-51.0% | -$1.1B-1.7% | -$1.1B-47.1% | -$763.7M+22.0% | -$979.0M+3.6% | -$1.0B-7.0% | -$948.9M |
VTLE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $286.6M+13.6% | $252.3M-28.1% | $351.0M+36.5% | $257.2M+4.5% | $246.2M-27.3% | $338.4M+113.4% | $158.6M-32.1% | $233.7M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$260.5M-0.4% | -$259.3M-22.2% | -$212.1M+17.6% | -$257.4M+75.4% | -$1.0B-362.3% | -$226.7M-10.2% | -$205.7M+56.7% | -$474.7M |
| Financing Cash Flow | -$41.6M-589.0% | $8.5M+105.7% | -$150.4M-924.7% | $18.2M-97.6% | $767.3M+260.4% | -$478.5M-204.9% | $456.3M+236.4% | -$334.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
VTLE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -86.1%-1.5pp | -84.6%-81.8pp | -2.7%+65.7pp | -68.5%-87.6pp | 19.1%-5.6pp | 24.7%-3.7pp | 28.5%-1.9pp | 30.4% |
| Net Margin | -84.0%+51.6pp | -135.6%-131.9pp | -3.7%+63.6pp | -67.3%-114.1pp | 46.9%+39.2pp | 7.7%+21.4pp | -13.7%-77.0pp | 63.3% |
| Return on Equity | -20.1%+7.5pp | -27.7%-27.0pp | -0.7%+12.6pp | -13.3%-20.4pp | 7.0%+5.8pp | 1.3%+3.6pp | -2.4%-12.5pp | 10.1% |
| Return on Assets | -7.5%+3.9pp | -11.4%-11.1pp | -0.3%+5.8pp | -6.1%-9.6pp | 3.4%+2.7pp | 0.7%+1.9pp | -1.2%-6.6pp | 5.5% |
| Current Ratio | 0.78-0.0 | 0.79+0.1 | 0.67-0.1 | 0.78+0.1 | 0.67+0.2 | 0.51-0.7 | 1.22+0.6 | 0.62 |
| Debt-to-Equity | 1.30+0.2 | 1.10+0.2 | 0.86-0.0 | 0.91+0.1 | 0.80+0.2 | 0.59-0.2 | 0.75+0.2 | 0.58 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.78), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Vital Energy Inc's annual revenue?
Vital Energy Inc (VTLE) reported $2.0B in total revenue for fiscal year 2024. This represents a 26.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Vital Energy Inc's revenue growing?
Vital Energy Inc (VTLE) revenue grew by 26.2% year-over-year, from $1.5B to $2.0B in fiscal year 2024.
Is Vital Energy Inc profitable?
No, Vital Energy Inc (VTLE) reported a net income of -$173.5M in fiscal year 2024, with a net profit margin of -8.9%.
What is Vital Energy Inc's EBITDA?
Vital Energy Inc (VTLE) had EBITDA of $719.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Vital Energy Inc have?
As of fiscal year 2024, Vital Energy Inc (VTLE) had $40.2M in cash and equivalents against $2.5B in long-term debt.
What is Vital Energy Inc's operating margin?
Vital Energy Inc (VTLE) had an operating margin of -1.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Vital Energy Inc's net profit margin?
Vital Energy Inc (VTLE) had a net profit margin of -8.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Vital Energy Inc's return on equity (ROE)?
Vital Energy Inc (VTLE) has a return on equity of -6.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Vital Energy Inc's operating cash flow?
Vital Energy Inc (VTLE) generated $1.0B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Vital Energy Inc's total assets?
Vital Energy Inc (VTLE) had $5.9B in total assets as of fiscal year 2024, including both current and long-term assets.
What is Vital Energy Inc's current ratio?
Vital Energy Inc (VTLE) had a current ratio of 0.78 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Vital Energy Inc's debt-to-equity ratio?
Vital Energy Inc (VTLE) had a debt-to-equity ratio of 0.91 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Vital Energy Inc's return on assets (ROA)?
Vital Energy Inc (VTLE) had a return on assets of -2.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Vital Energy Inc's Piotroski F-Score?
Vital Energy Inc (VTLE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Vital Energy Inc's earnings high quality?
Vital Energy Inc (VTLE) has an earnings quality ratio of -5.76x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Vital Energy Inc cover its interest payments?
Vital Energy Inc (VTLE) has an interest coverage ratio of -0.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Vital Energy Inc?
Vital Energy Inc (VTLE) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.