Vitesse Energy Financials
This page shows Vitesse Energy (VTS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Vitesse Energy has an operating margin of 16.9%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 85/100, reflecting efficient cost management and pricing power. This is up from 14.9% the prior year.
Vitesse Energy's revenue grew a modest 3.5% year-over-year to $242.0M. This slow but positive growth earns a score of 38/100.
Vitesse Energy carries a low D/E ratio of 0.62, meaning only $0.62 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
Vitesse Energy's current ratio of 0.51 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
Vitesse Energy generates a 4.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100.
Vitesse Energy scores 2.04, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($855.8M) relative to total liabilities ($310.6M). This signals moderate financial risk that warrants monitoring.
Vitesse Energy passes 4 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Vitesse Energy generates $7.36 in operating cash flow ($155.0M OCF vs $21.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Vitesse Energy earns $4.1 in operating income for every $1 of interest expense ($41.0M vs $10.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Vitesse Energy generated $242.0M in revenue in fiscal year 2024. This represents an increase of 3.5% from the prior year.
Vitesse Energy reported $21.1M in net income in fiscal year 2024. This represents an increase of 206.7% from the prior year.
Vitesse Energy earned $0.64 per diluted share (EPS) in fiscal year 2024. This represents an increase of 187.7% from the prior year.
Vitesse Energy held $3.0M in cash against $0 in long-term debt as of fiscal year 2024.
Vitesse Energy paid $2.08 per share in dividends in fiscal year 2024. This represents an increase of 3.8% from the prior year.
Vitesse Energy's operating margin was 16.9% in fiscal year 2024, reflecting core business profitability. This is up 2.0 percentage points from the prior year.
Vitesse Energy's net profit margin was 8.7% in fiscal year 2024, showing the share of revenue converted to profit. This is up 17.1 percentage points from the prior year.
Vitesse Energy's ROE was 4.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Vitesse Energy spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
VTS Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $67.4M-17.5% | $81.8M+23.6% | $66.2M+18.3% | $55.9M-16.0% | $66.6M+8.8% | $61.2M-11.7% | $69.3M+25.9% | $55.1M |
| 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 | $5.7M+1746.6% | $311K-97.4% | $12.1M+48.3% | $8.2M+73.2% | $4.7M-12.1% | $5.4M+12.2% | $4.8M+25.4% | $3.8M |
| Operating Income | $108K-99.4% | $18.7M+246.8% | $5.4M+156.6% | $2.1M-87.5% | $16.8M+28.6% | $13.1M-34.2% | $19.9M+24.7% | $15.9M |
| Interest Expense | $2.4M-6.2% | $2.5M-12.6% | $2.9M+17.6% | $2.5M-4.4% | $2.6M+17.3% | $2.2M+21.4% | $1.8M+55.6% | $1.2M |
| Income Tax | -$254K-102.6% | $9.9M+5010.9% | -$201K+86.6% | -$1.5M-140.6% | $3.7M+603.1% | -$731K-104.7% | $15.6M+2054.6% | -$796K |
| Net Income | -$1.3M-105.3% | $24.7M+824.3% | $2.7M+152.1% | -$5.1M-146.9% | $10.9M+599.9% | -$2.2M-111.0% | $19.9M+1458.6% | -$1.5M |
| EPS (Diluted) | $-0.03-105.0% | $0.60+650.0% | $0.08+153.3% | $-0.15-145.5% | $0.33+571.4% | $-0.07-110.0% | $0.70+1500.0% | $-0.05 |
VTS Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $932.9M-2.0% | $951.5M-2.4% | $975.2M+20.3% | $810.9M+4.2% | $778.4M+3.8% | $749.7M-2.1% | $766.0M+3.4% | $741.0M |
| Current Assets | $57.0M-16.1% | $68.0M-3.5% | $70.4M+38.4% | $50.9M+3.9% | $49.0M+6.8% | $45.9M-21.4% | $58.3M+40.6% | $41.5M |
| Cash & Equivalents | $5.6M+184.0% | $2.0M-56.4% | $4.5M+51.5% | $3.0M+2352.1% | $121K-91.2% | $1.4M+149.5% | $552K-68.4% | $1.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $34.8M-25.8% | $46.9M-17.1% | $56.6M+42.3% | $39.8M-14.1% | $46.3M+12.2% | $41.3M-8.1% | $44.9M+17.6% | $38.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $282.7M+1.1% | $279.6M-9.1% | $307.5M-1.0% | $310.6M+19.5% | $259.9M+14.5% | $227.0M+3.4% | $219.6M+9.9% | $199.8M |
| Current Liabilities | $66.8M-6.9% | $71.8M-25.7% | $96.6M-3.7% | $100.3M+69.6% | $59.2M+13.0% | $52.4M-13.3% | $60.4M-27.6% | $83.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $650.3M-3.2% | $671.9M+0.6% | $667.7M+33.4% | $500.3M-3.5% | $518.5M-0.8% | $522.7M-4.3% | $546.4M+1.0% | $541.2M |
| Retained Earnings | -$1.3M-105.9% | $22.2M+1003.6% | -$2.5M+52.1% | -$5.1M+60.1% | -$12.8M+46.0% | -$23.8M-10.1% | -$21.6M+48.0% | -$41.5M |
VTS Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $49.4M-25.2% | $66.0M+277.5% | $17.5M-49.6% | $34.7M-1.3% | $35.2M-10.8% | $39.4M+24.6% | $31.6M-1.3% | $32.1M |
| 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 | -$31.8M+11.1% | -$35.7M-17.7% | -$30.4M-7.6% | -$28.2M+25.1% | -$37.7M-16.9% | -$32.2M+25.4% | -$43.2M-26.4% | -$34.2M |
| Financing Cash Flow | -$14.0M+57.3% | -$32.8M-327.6% | $14.4M+343.1% | -$5.9M-575.8% | $1.2M+119.5% | -$6.4M-161.5% | $10.4M+1975.0% | $500K |
| Dividends Paid | $22.0M+1.0% | $21.8M-16.3% | $26.0M+62.7% | $16.0M+2.6% | $15.6M-4.3% | $16.3M+12.3% | $14.5M+0.2% | $14.5M |
| Share Buybacks | N/A | N/A | N/A | $0 | $0 | $0 | $0 | $0 |
VTS Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 0.2%-22.7pp | 22.8%+14.7pp | 8.1%+4.4pp | 3.8%-21.5pp | 25.3%+3.9pp | 21.4%-7.3pp | 28.7%-0.3pp | 28.9% |
| Net Margin | -1.9%-32.1pp | 30.2%+26.1pp | 4.0%+13.2pp | -9.2%-25.6pp | 16.4%+20.0pp | -3.6%-32.3pp | 28.7%+31.4pp | -2.7% |
| Return on Equity | N/A | 3.7%+3.3pp | 0.4%-3.0pp | 3.4%+1.2pp | 2.1% | N/A | 3.6% | N/A |
| Return on Assets | -0.1%-2.7pp | 2.6%+2.3pp | 0.3%+0.9pp | -0.6%-2.0pp | 1.4%+1.7pp | -0.3%-2.9pp | 2.6%+2.8pp | -0.2% |
| Current Ratio | 0.85-0.1 | 0.95+0.2 | 0.73+0.2 | 0.51-0.3 | 0.83-0.0 | 0.88-0.1 | 0.97+0.5 | 0.50 |
| Debt-to-Equity | 0.43+0.0 | 0.42-0.0 | 0.46-0.2 | 0.62+0.1 | 0.50+0.1 | 0.43+0.0 | 0.40+0.0 | 0.37 |
| 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 (0.51), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Vitesse Energy's annual revenue?
Vitesse Energy (VTS) reported $242.0M in total revenue for fiscal year 2024. This represents a 3.5% 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 Vitesse Energy's revenue growing?
Vitesse Energy (VTS) revenue grew by 3.5% year-over-year, from $233.9M to $242.0M in fiscal year 2024.
Is Vitesse Energy profitable?
Yes, Vitesse Energy (VTS) reported a net income of $21.1M in fiscal year 2024, with a net profit margin of 8.7%.
What is Vitesse Energy's earnings per share (EPS)?
Vitesse Energy (VTS) reported diluted earnings per share of $0.64 for fiscal year 2024. This represents a 187.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Vitesse Energy's operating margin?
Vitesse Energy (VTS) had an operating margin of 16.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Vitesse Energy's net profit margin?
Vitesse Energy (VTS) had a net profit margin of 8.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Vitesse Energy pay dividends?
Yes, Vitesse Energy (VTS) paid $2.08 per share in dividends during fiscal year 2024.
What is Vitesse Energy's return on equity (ROE)?
Vitesse Energy (VTS) has a return on equity of 4.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Vitesse Energy's operating cash flow?
Vitesse Energy (VTS) generated $155.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Vitesse Energy's total assets?
Vitesse Energy (VTS) had $810.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Vitesse Energy's current ratio?
Vitesse Energy (VTS) had a current ratio of 0.51 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Vitesse Energy's debt-to-equity ratio?
Vitesse Energy (VTS) had a debt-to-equity ratio of 0.62 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Vitesse Energy's return on assets (ROA)?
Vitesse Energy (VTS) had a return on assets of 2.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Vitesse Energy's Altman Z-Score?
Vitesse Energy (VTS) has an Altman Z-Score of 2.04, placing it in the Grey Zone (moderate 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 Vitesse Energy's Piotroski F-Score?
Vitesse Energy (VTS) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Vitesse Energy's earnings high quality?
Vitesse Energy (VTS) has an earnings quality ratio of 7.36x, considered cash-backed (high 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 Vitesse Energy cover its interest payments?
Vitesse Energy (VTS) has an interest coverage ratio of 4.1x, meaning it can adequately 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 Vitesse Energy?
Vitesse Energy (VTS) scores 46 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.