Viper Energy, Inc. (VNOM) — payout ratio, two ways
Fiscal year ending 2025-12-31 · sector Energy · payout ratios computed from SEC filings, not taken from a data vendor.
Free cash flow is not shown for this company. It cannot be computed from what this company files — the inputs are absent from its XBRL, not zero. The figure marked in the table is operating cash flow instead.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | negative | The company lost $0.48 per share, so there are no earnings to pay a dividend out of and no ratio exists. |
| Operating cash flow | 31.1% | Before capital spending, so it understates the payout that free cash flow shows. |
No free cash flow figure is shown. This company does not report the inputs for it in its XBRL filings — capital expenditure, in particular, is often folded into a single investing total rather than tagged on its own. The figure is absent from the filings, not zero, and inventing one from a balance-sheet movement would be a guess dressed as a measurement.
Coverage rating 47 / 100 — Tight. ? Peer standing · not rankedDirection 10/30Stability 13/20
Operating cash flow payout, last 3 years
| Fiscal year | Payout |
|---|---|
| 2025-12-31 | 31.1% |
| 2024-12-31 | 35.3% |
| 2023-12-31 | 20.2% |
The arithmetic
- GAAP earnings — dividends declared per share $2.30 ÷ diluted EPS $-0.48
- Operating cash flow — dividends paid $328.0m ÷ operating cash flow $1,053.0m
Where the figures came from
- 10-K filed 2026-02-25 · accession
0002074176-26-000010
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($2.30); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.