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Vitesse Energy (Vitesse Energy) Operating Margin % : 21.37% (As of Mar. 2024)


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What is Vitesse Energy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Vitesse Energy's Operating Income for the three months ended in Mar. 2024 was $13.1 Mil. Vitesse Energy's Revenue for the three months ended in Mar. 2024 was $61.2 Mil. Therefore, Vitesse Energy's Operating Margin % for the quarter that ended in Mar. 2024 was 21.37%.

The historical rank and industry rank for Vitesse Energy's Operating Margin % or its related term are showing as below:

VTS' s Operating Margin % Range Over the Past 10 Years
Min: -21.22   Med: 21.53   Max: 54.58
Current: 25.98


VTS's Operating Margin % is ranked better than
76.48% of 978 companies
in the Oil & Gas industry
Industry Median: 7.765 vs VTS: 25.98

Vitesse Energy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Vitesse Energy's Operating Income for the three months ended in Mar. 2024 was $13.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $61.6 Mil.


Vitesse Energy Operating Margin % Historical Data

The historical data trend for Vitesse Energy's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vitesse Energy Operating Margin % Chart

Vitesse Energy Annual Data
Trend Nov19 Nov20 Nov21 Dec22 Dec23
Operating Margin %
21.53 -21.22 32.11 54.58 14.90

Vitesse Energy Quarterly Data
Nov19 Nov20 Aug21 Nov21 Aug22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -23.60 24.65 28.95 28.69 21.37

Competitive Comparison of Vitesse Energy's Operating Margin %

For the Oil & Gas E&P subindustry, Vitesse Energy's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vitesse Energy's Operating Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vitesse Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vitesse Energy's Operating Margin % falls into.



Vitesse Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Vitesse Energy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=34.854 / 233.905
=14.90 %

Vitesse Energy's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=13.079 / 61.193
=21.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vitesse Energy  (NYSE:VTS) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Vitesse Energy Operating Margin % Related Terms

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Vitesse Energy (Vitesse Energy) Business Description

Traded in Other Exchanges
N/A
Address
9200 E. Mineral Avenue, Suite 200, Centennial, CO, USA, 80112
Vitesse Energy Inc is an independent energy company engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana. The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
Executives
James P Henderson officer: Chief Financial Officer 1625 BROADWAY, SUITE 250, DENVER CO 80202
Robert W Gerrity director, officer: Chief Executive Officer 9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Leary Dan O director 10590 HAMILTON AVENUE, CINCINNATI OH 45231-0012
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Brian Cree officer: President 9200 E. MINERAL AVE., SUITE 200, CENTENNIAL CO 80112
Christopher I Humber officer: General Counsel and Secretary 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Brian P Friedman director
Randy I Stein director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Linda Adamany director 505 FRONT AVE., P.O. BOX "I", COEUR D'ALENE ID 83816
Cathleen M Osborn director 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
David R Macosko officer: Chief Financial Officer 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Michael Sabol officer: VP - SEC & Financial Reporting 9200 E. MINERAL AVE, SUITE 200, CENTENNIAL CO 80112
Mike Morella officer: VP - Chief Accounting Officer 9200 E. MINERAL AVE., SUITE 200, CENTENNIAI CO 80112
Vitesse Energy Finance Llc 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022