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
Scored against energy companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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 scores 0.16, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($693.3M) relative to total liabilities ($3.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Vital Energy Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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 Altman Z-Score?
Vital Energy Inc (VTLE) has an Altman Z-Score of 0.16, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Vital Energy Inc's Piotroski F-Score?
Vital Energy Inc (VTLE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 36 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.