Vitesse Energy (VTS) Financials

$21.08 +0.48 (+2.33%)

Closing price 03:59 PM Eastern

Extended Trading

$20.72 -0.36 (-1.73%)

As of 04:07 PM Eastern

Annual Income Statements for Vitesse Energy

This table shows Vitesse Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	0.00	0.00	-22	21
Consolidated Net Income / (Loss)	18	119	-20	21
Net Income / (Loss) Continuing Operations	18	119	-20	21
Total Pre-Tax Income	18	119	42	29
Total Operating Income	54	154	35	41
Total Gross Profit	141	251	194	194
Total Revenue	168	282	234	242
Operating Revenue	168	282	234	242
Total Cost of Revenue	27	31	40	48
Operating Cost of Revenue	27	31	40	48
Total Operating Expenses	87	97	160	153
Selling, General & Admin Expense	11	20	24	24
Marketing Expense	15	24	22	22
Depreciation Expense	61	64	82	100
Other Special Charges / (Income)	1.41	-11	32	8.11
Total Other Income / (Expense), net	-36	-35	7.35	-12
Interest Expense	3.21	4.15	5.28	9.98
Other Income / (Expense), net	-33	-31	13	-2.26
Income Tax Expense	0.00	0.00	62	7.67
Basic Earnings per Share	$0.04	$0.26	($21,576,000.73)	$0.70
Weighted Average Basic Shares Outstanding	438.63M	438.63M	29.56M	30.04M
Diluted Earnings per Share	$0.04	$0.26	($0.73)	$0.64
Weighted Average Diluted Shares Outstanding	438.63M	438.63M	29.56M	32.91M
Weighted Average Basic & Diluted Shares Outstanding	-	-	29.45M	38.58M
Cash Dividends to Common per Share	$0.00	-	$2.00	$0.00

This table shows Vitesse Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	0.00	-	-50	9.62	-1.47	20	-2.19	11	17	-5.12
Consolidated Net Income / (Loss)	86	-	-48	9.62	-1.47	20	-2.19	11	17	-5.12
Net Income / (Loss) Continuing Operations	86	-	-48	9.62	-1.47	20	-2.19	11	17	-5.12
Total Pre-Tax Income	86	-	-7.44	16	-2.26	35	-2.92	15	24	-6.62
Total Operating Income	56	-	-14	13	16	20	13	17	8.98	2.10
Total Gross Profit	69	-	49	42	45	58	49	54	47	44
Total Revenue	77	-	58	52	55	69	61	67	58	56
Operating Revenue	77	-	58	52	55	69	61	67	58	56
Total Cost of Revenue	8.32	-	9.08	9.32	9.99	11	12	12	12	12
Operating Cost of Revenue	8.32	-	9.08	9.32	9.99	11	12	12	12	12
Total Operating Expenses	13	-	63	30	29	38	36	38	38	42
Selling, General & Admin Expense	5.75	-	11	4.46	3.82	4.79	5.37	4.72	5.23	8.18
Marketing Expense	6.64	-	5.26	4.92	5.15	6.30	5.80	5.43	5.33	4.95
Depreciation Expense	18	-	18	19	19	26	24	25	25	27
Other Special Charges / (Income)	-17	-	28	1.43	1.15	1.69	1.61	2.05	2.20	2.26
Total Other Income / (Expense), net	30	-	6.24	3.72	-18	16	-16	-2.21	15	-8.72
Interest Expense	1.25	-	1.18	1.12	1.17	1.81	2.20	2.59	2.72	2.47
Other Income / (Expense), net	31	-	7.42	4.83	-17	17	-14	0.38	17	-6.25
Income Tax Expense	0.00	-	40	6.81	-0.80	16	-0.73	3.68	6.22	-1.50
Basic Earnings per Share	$0.19	-	($49,647,001.67)	$0.29	($0.05)	$28,071,000.70	($0.07)	$0.36	$0.56	($0.15)
Weighted Average Basic Shares Outstanding	438.63M	438.63M	29.66M	29.66M	29.66M	29.56M	29.93M	30.05M	30.08M	30.04M
Diluted Earnings per Share	$0.19	-	($1.67)	$0.29	($0.05)	$0.70	($0.07)	$0.33	$0.53	($0.15)
Weighted Average Diluted Shares Outstanding	438.63M	438.63M	29.66M	33.08M	29.66M	29.56M	29.93M	33.03M	32.99M	32.91M
Weighted Average Basic & Diluted Shares Outstanding	-	0.00	-	-	28.79M	29.45M	29.45M	29.50M	29.54M	38.58M

This table details how cash moves in and out of Vitesse Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	1.07	4.65	-9.46	2.42
Net Cash From Operating Activities	87	147	142	155
Net Cash From Continuing Operating Activities	87	147	142	155
Net Income / (Loss) Continuing Operations	18	119	-20	21
Consolidated Net Income / (Loss)	18	119	-20	21
Depreciation Expense	61	64	82	100
Amortization Expense	0.28	0.47	0.66	0.79
Non-Cash Adjustments To Reconcile Net Income	1.41	-11	32	8.11
Changes in Operating Assets and Liabilities, net	6.33	-25	47	25
Net Cash From Investing Activities	-43	-85	-121	-115
Net Cash From Continuing Investing Activities	-43	-85	-121	-115
Purchase of Property, Plant & Equipment	-43	-85	-121	-115
Net Cash From Financing Activities	-43	-58	-31	-37
Net Cash From Continuing Financing Activities	-43	-58	-31	-37
Repayment of Debt	-32	-38	-31	-24
Repurchase of Common Equity	0.00	0.00	-0.25	0.00
Payment of Dividends	-12	-36	-58	-64
Issuance of Debt	1.00	16	59	58
Other Financing Activities, net	-	0.00	0.00	-7.49
Cash Interest Paid	2.90	3.60	4.73	9.04
Cash Income Taxes Paid	0.00	0.00	1.29	0.00

This table details how cash moves in and out of Vitesse Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-	6.00	-6.63	-0.02	-1.61	-1.20	0.83	-1.26	2.30	0.54
Net Cash From Operating Activities	-	37	39	39	32	32	39	35	46	35
Net Cash From Continuing Operating Activities	-	37	39	39	32	32	39	35	46	35
Net Income / (Loss) Continuing Operations	-	24	-48	9.62	-1.47	20	-2.19	11	17	-5.13
Consolidated Net Income / (Loss)	-	24	-48	9.62	-1.47	20	-2.19	11	17	-5.13
Depreciation Expense	-	17	18	19	19	26	24	25	25	27
Amortization Expense	-	0.13	0.16	0.16	0.16	0.17	0.19	0.20	0.21	0.20
Non-Cash Adjustments To Reconcile Net Income	-	-16	28	1.43	1.15	1.69	1.61	2.05	2.20	2.26
Changes in Operating Assets and Liabilities, net	-	12	40	9.07	13	-16	16	-3.33	0.96	11
Net Cash From Investing Activities	-	-23	-23	-21	-34	-43	-32	-38	-17	-28
Net Cash From Continuing Investing Activities	-	-23	-23	-21	-34	-43	-32	-38	-17	-28
Purchase of Property, Plant & Equipment	-	-23	-23	-21	-34	-43	-32	-38	-17	-28
Net Cash From Financing Activities	-	-8.00	-23	-18	0.50	10	-6.38	1.25	-26	-5.93
Net Cash From Continuing Financing Activities	-	-8.00	-23	-18	0.50	10	-6.38	1.25	-26	-5.93
Repayment of Debt	-	-8.00	-12	-12	-5.01	-2.11	-0.13	-1.65	-20	-1.92
Payment of Dividends	-	-	-14	-14	-14	-15	-16	-16	-16	-16
Issuance of Debt	-	-	4.00	8.00	20	27	17	19	10	12
Cash Interest Paid	-	0.86	1.18	0.95	0.99	1.61	2.00	2.38	2.39	2.28

This table presents Vitesse Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	660	766	811
Total Current Assets	54	58	51
Cash & Equivalents	10	0.55	2.97
Accounts Receivable	41	45	40
Prepaid Expenses	0.84	2.84	4.31
Other Current Assets	2.11	10	3.84
Plant, Property, & Equipment, net	603	705	752
Plant, Property & Equipment, gross	986	1,168	1,316
Accumulated Depreciation	383	464	564
Total Noncurrent Assets	3.24	3.09	7.82
Other Noncurrent Operating Assets	3.24	3.09	7.82
Total Liabilities & Shareholders' Equity	660	766	811
Total Liabilities	92	220	311
Total Current Liabilities	37	60	100
Accounts Payable	7.21	28	34
Accrued Expenses	26	33	66
Other Current Liabilities	3.62	0.20	0.30
Total Noncurrent Liabilities	55	159	210
Long-Term Debt	48	81	117
Asset Retirement Reserve & Litigation Obligation	6.82	8.35	9.65
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	64	72
Other Noncurrent Operating Liabilities	0.00	5.48	12
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	564	546	500
Total Preferred & Common Equity	564	546	500
Preferred Stock	0.00	0.00	0.00
Total Common Equity	564	546	500
Common Stock	0.00	568	505
Retained Earnings	0.00	-22	-5.13

This table presents Vitesse Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	741	750	778	791
Total Current Assets	41	46	49	54
Cash & Equivalents	1.75	1.38	0.12	2.43
Accounts Receivable	38	41	46	36
Prepaid Expenses	1.55	3.07	2.39	3.31
Other Current Assets	0.00	0.15	0.15	12
Plant, Property, & Equipment, net	697	702	723	729
Plant, Property & Equipment, gross	1,136	1,189	1,235	1,266
Accumulated Depreciation	439	487	513	537
Total Noncurrent Assets	2.17	1.88	6.66	7.70
Other Noncurrent Operating Assets	2.17	1.88	6.66	7.70
Total Liabilities & Shareholders' Equity	741	750	778	791
Total Liabilities	200	227	260	271
Total Current Liabilities	83	52	59	73
Accounts Payable	24	18	14	16
Accrued Expenses	53	30	43	57
Other Current Liabilities	6.30	3.74	2.56	0.00
Total Noncurrent Liabilities	116	175	201	198
Long-Term Debt	56	98	115	105
Asset Retirement Reserve & Litigation Obligation	7.63	8.52	8.68	8.84
Noncurrent Deferred & Payable Income Tax Liabilities	48	64	67	73
Other Noncurrent Operating Liabilities	4.25	4.26	9.94	11
Total Equity & Noncontrolling Interests	541	523	519	520
Total Preferred & Common Equity	541	523	519	520
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	541	523	519	520
Common Stock	583	546	531	516
Retained Earnings	-41	-24	-13	4.61
Other Equity Adjustments	0.00	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from Vitesse Energy's official financial filings.

Metric	2021	2022	2023	2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	67.96%	-17.02%	3.46%
EBITDA Growth	0.00%	127.14%	-30.64%	7.65%
EBIT Growth	0.00%	477.16%	-61.42%	-18.46%
NOPAT Growth	0.00%	185.48%	-110.60%	284.17%
Net Income Growth	0.00%	556.41%	-116.61%	206.67%
EPS Growth	0.00%	550.00%	-380.77%	187.67%
Operating Cash Flow Growth	0.00%	69.07%	-3.47%	9.20%
Free Cash Flow Firm Growth	0.00%	0.00%	92.01%	217.50%
Invested Capital Growth	0.00%	0.00%	3.28%	-1.99%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-5.24%
EBITDA Q/Q Growth	0.00%	0.00%	76.40%	-22.41%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-51.70%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-21.47%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-54.32%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-57.05%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-3.58%	2.01%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	295.82%
Invested Capital Q/Q Growth	0.00%	0.00%	5.27%	-1.38%
Profitability Metrics	-	-	-	-
Gross Margin	84.17%	88.96%	83.11%	80.33%
EBITDA Margin	49.12%	66.43%	55.53%	57.77%
Operating Margin	32.11%	54.58%	14.90%	16.93%
EBIT Margin	12.70%	43.65%	20.30%	16.00%
Profit (Net Income) Margin	10.79%	42.18%	-8.44%	8.70%
Tax Burden Percent	100.00%	100.00%	-46.78%	73.30%
Interest Burden Percent	84.96%	96.63%	88.89%	74.22%
Effective Tax Rate	0.00%	0.00%	146.78%	26.70%
Return on Invested Capital (ROIC)	0.00%	50.70%	-2.64%	4.84%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-133.35%	-8.45%	-4.39%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-8.90%	-0.90%	-0.82%
Return on Equity (ROE)	0.00%	41.80%	-3.54%	4.02%
Cash Return on Invested Capital (CROIC)	0.00%	-149.30%	-5.87%	6.85%
Operating Return on Assets (OROA)	0.00%	37.26%	6.66%	4.91%
Return on Assets (ROA)	0.00%	36.00%	-2.77%	2.67%
Return on Common Equity (ROCE)	0.00%	41.46%	-3.53%	4.02%
Return on Equity Simple (ROE_SIMPLE)	0.00%	21.07%	-3.61%	4.21%
Net Operating Profit after Tax (NOPAT)	54	154	-16	30
NOPAT Margin	32.11%	54.58%	-6.97%	12.41%
Net Nonoperating Expense Percent (NNEP)	0.00%	184.05%	5.81%	9.23%
Return On Investment Capital (ROIC_SIMPLE)	-	25.12%	-2.60%	4.86%
Cost of Revenue to Revenue	15.83%	11.04%	16.89%	19.67%
SG&A Expenses to Revenue	6.30%	7.04%	10.23%	9.72%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	52.06%	34.37%	68.21%	63.40%
Earnings before Interest and Taxes (EBIT)	21	123	47	39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	82	187	130	140
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	1.05	1.43
Price to Tangible Book Value (P/TBV)	0.00	0.00	1.05	1.43
Price to Revenue (P/Rev)	0.00	0.00	2.45	2.95
Price to Earnings (P/E)	0.00	0.00	0.00	33.86
Dividend Yield	0.00%	0.00%	9.94%	8.30%
Earnings Yield	0.00%	0.00%	0.00%	2.95%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.04	1.35
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.80	3.42
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	5.04	5.92
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	13.78	21.37
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	27.54
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	4.61	5.34
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	19.45
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.08	0.15	0.23
Long-Term Debt to Equity	0.00	0.08	0.15	0.23
Financial Leverage	0.00	0.07	0.11	0.19
Leverage Ratio	0.00	1.16	1.28	1.51
Compound Leverage Factor	0.00	1.12	1.14	1.12
Debt to Total Capital	0.00%	7.78%	12.91%	18.95%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	7.78%	12.91%	18.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.74%	0.00%	0.00%
Common Equity to Total Capital	0.00%	91.48%	87.09%	81.05%
Debt to EBITDA	0.00	0.26	0.62	0.84
Net Debt to EBITDA	0.00	0.20	0.62	0.82
Long-Term Debt to EBITDA	0.00	0.26	0.62	0.84
Debt to NOPAT	0.00	0.31	-4.97	3.90
Net Debt to NOPAT	0.00	0.25	-4.93	3.80
Long-Term Debt to NOPAT	0.00	0.31	-4.97	3.90
Altman Z-Score	0.00	0.00	2.04	1.75
Noncontrolling Interest Sharing Ratio	0.00%	0.80%	0.41%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.48	0.97	0.51
Quick Ratio	0.00	1.40	0.75	0.43
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-453	-36	43
Operating Cash Flow to CapEx	200.78%	173.84%	117.63%	134.41%
Free Cash Flow to Firm to Interest Expense	0.00	-109.10	-6.86	4.26
Operating Cash Flow to Interest Expense	27.12	35.41	26.90	15.53
Operating Cash Flow Less CapEx to Interest Expense	13.61	15.04	4.03	3.98
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.85	0.33	0.31
Accounts Receivable Turnover	0.00	0.00	5.42	5.71
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.36	0.33
Accounts Payable Turnover	0.00	0.00	2.26	1.54
Days Sales Outstanding (DSO)	0.00	0.00	67.34	63.88
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	161.19	237.75
Cash Conversion Cycle (CCC)	0.00	0.00	-93.84	-173.87
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	607	627	614
Invested Capital Turnover	0.00	0.93	0.38	0.39
Increase / (Decrease) in Invested Capital	0.00	607	20	-12
Enterprise Value (EV)	0.00	0.00	654	827
Market Capitalization	0.00	0.00	574	713
Book Value per Share	$0.00	$1.29	$18.98	$16.94
Tangible Book Value per Share	$0.00	$1.29	$18.98	$16.94
Total Capital	0.00	617	627	617
Total Debt	0.00	48	81	117
Total Long-Term Debt	0.00	48	81	117
Net Debt	0.00	38	80	114
Capital Expenditures (CapEx)	43	85	121	115
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	7.67	-2.61	-52
Debt-free Net Working Capital (DFNWC)	0.00	18	-2.06	-49
Net Working Capital (NWC)	0.00	18	-2.06	-49
Net Nonoperating Expense (NNE)	36	35	3.44	8.97
Net Nonoperating Obligations (NNO)	0.00	38	80	114
Total Depreciation and Amortization (D&A)	61	64	82	101
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	2.72%	-1.12%	-21.65%
Debt-free Net Working Capital to Revenue	0.00%	6.27%	-0.88%	-20.42%
Net Working Capital to Revenue	0.00%	6.27%	-0.88%	-20.42%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($21,576,000.73)	$0.70
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	29.56M	30.04M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.73)	$0.64
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	29.56M	32.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	29.45M	38.58M
Normalized Net Operating Profit after Tax (NOPAT)	39	100	47	36
Normalized NOPAT Margin	23.07%	35.54%	20.08%	14.87%
Pre Tax Income Margin	10.79%	42.18%	18.04%	11.87%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	6.65	29.63	9.00	3.88
NOPAT to Interest Expense	16.81	37.05	-3.09	3.01
EBIT Less CapEx to Interest Expense	-6.86	9.26	-13.87	-7.68
NOPAT Less CapEx to Interest Expense	3.30	16.68	-25.96	-8.55
Payout Ratios	-	-	-	-
Dividend Payout Ratio	66.25%	30.28%	-293.76%	301.80%
Augmented Payout Ratio	66.25%	30.28%	-295.01%	301.80%

This table displays calculated financial ratios and metrics derived from Vitesse Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	-28.59%	0.00%	5.58%	29.10%	5.86%	-19.30%
EBITDA Growth	0.00%	0.00%	0.00%	0.00%	-82.74%	272.39%	86.10%	17.14%	184.87%	-64.14%
EBIT Growth	0.00%	0.00%	0.00%	0.00%	-101.26%	0.00%	88.60%	-2.03%	2,507.30%	-111.13%
NOPAT Growth	0.00%	0.00%	0.00%	0.00%	-80.06%	0.00%	195.61%	68.98%	-40.66%	-86.85%
Net Income Growth	0.00%	0.00%	0.00%	0.00%	-101.71%	0.00%	95.43%	13.60%	1,289.77%	-125.73%
EPS Growth	0.00%	0.00%	0.00%	0.00%	-126.32%	0.00%	95.81%	13.79%	1,160.00%	-121.43%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-14.29%	0.53%	-9.91%	42.64%	9.66%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	96.43%	260.07%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	3.28%	0.00%	0.00%	4.62%	-1.99%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-11.00%	6.72%	25.88%	0.00%	8.83%	-12.49%	-4.04%
EBITDA Q/Q Growth	0.00%	-83.86%	-26.85%	194.74%	-50.40%	248.27%	-10.37%	85.52%	20.61%	-56.16%
EBIT Q/Q Growth	0.00%	-100.00%	0.00%	380.17%	-106.25%	3,502.37%	0.00%	2,507.70%	53.48%	-115.73%
NOPAT Q/Q Growth	0.00%	-100.00%	0.00%	177.74%	49.86%	0.04%	0.00%	37.41%	-47.38%	-77.83%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	120.12%	-115.24%	1,458.59%	0.00%	599.91%	59.61%	-129.38%
EPS Q/Q Growth	0.00%	0.00%	0.00%	117.37%	-117.24%	1,500.00%	0.00%	571.43%	60.61%	-128.30%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	6.23%	-0.47%	-17.86%	-1.31%	24.59%	-10.80%	30.06%	-24.13%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	98.51%	-2,969.49%	-1.74%	96.64%	166.83%
Invested Capital Q/Q Growth	0.00%	0.00%	-100.00%	0.00%	0.00%	5.27%	-1.20%	2.27%	-1.65%	-1.38%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	89.20%	0.00%	84.33%	81.94%	81.86%	83.94%	80.73%	81.57%	80.06%	78.70%
EBITDA Margin	135.89%	0.00%	21.34%	70.67%	32.84%	90.86%	37.62%	64.12%	88.38%	40.38%
Operating Margin	72.56%	0.00%	-23.60%	24.65%	28.95%	28.69%	21.37%	25.25%	15.41%	3.75%
EBIT Margin	112.83%	0.00%	-10.81%	34.01%	-1.99%	53.81%	-1.17%	25.81%	45.27%	-7.42%
Profit (Net Income) Margin	111.21%	0.00%	-82.50%	18.65%	-2.66%	28.74%	-3.57%	16.41%	29.93%	-9.16%
Tax Burden Percent	100.00%	0.00%	642.33%	58.54%	64.81%	56.14%	74.94%	74.82%	73.71%	77.41%
Interest Burden Percent	98.56%	0.00%	118.86%	93.65%	206.39%	95.14%	408.54%	84.96%	89.68%	159.53%
Effective Tax Rate	0.00%	0.00%	0.00%	41.46%	0.00%	43.86%	0.00%	25.18%	26.29%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	6.11%	11.46%	15.04%	4.76%	1.02%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	20.89%	-12.02%	12.16%	18.56%	-5.76%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	2.22%	-2.22%	2.69%	2.74%	-1.07%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	0.00%	8.32%	9.24%	17.73%	7.50%	-0.05%
Cash Return on Invested Capital (CROIC)	0.00%	-74.65%	0.00%	0.00%	0.00%	-5.87%	-188.98%	-187.43%	1.76%	6.85%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	17.65%	-0.74%	16.72%	15.09%	-2.28%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	9.43%	-2.26%	10.63%	9.98%	-2.81%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	8.29%	9.24%	17.73%	7.50%	-0.05%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.95%	5.24%	8.86%	0.00%
Net Operating Profit after Tax (NOPAT)	56	0.00	-9.58	7.44	11	11	9.16	13	6.62	1.47
NOPAT Margin	72.56%	0.00%	-16.52%	14.43%	20.26%	16.11%	14.96%	18.89%	11.36%	2.62%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	46.53%	-14.79%	23.48%	2.88%	-13.80%	6.78%
Return On Investment Capital (ROIC_SIMPLE)	-	0.00%	-	-	-	1.78%	-	-	-	0.24%
Cost of Revenue to Revenue	10.80%	0.00%	15.67%	18.06%	18.14%	16.06%	19.27%	18.43%	19.94%	21.30%
SG&A Expenses to Revenue	7.45%	0.00%	18.74%	8.65%	6.94%	6.91%	8.78%	7.09%	8.98%	14.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.64%	0.00%	107.94%	57.29%	52.91%	55.25%	59.36%	56.33%	64.65%	74.95%
Earnings before Interest and Taxes (EBIT)	87	0.00	-6.26	18	-1.10	37	-0.71	17	26	-4.15
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	105	17	12	36	18	63	23	43	52	23
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	1.11	1.05	1.29	1.30	1.32	1.43
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	1.11	1.05	1.29	1.30	1.32	1.43
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	2.45	2.85	2.68	2.68	2.95
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	26.15	24.86	14.86	33.86
Dividend Yield	0.00%	0.00%	2.86%	4.86%	7.15%	9.94%	8.43%	8.54%	8.53%	8.30%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	3.82%	4.02%	6.73%	2.95%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	1.10	1.04	1.25	1.25	1.26	1.35
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	2.80	3.26	3.14	3.08	3.42
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	8.87	5.04	5.50	5.39	4.37	5.92
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	13.78	14.59	15.02	9.83	21.37
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	22.66	19.88	20.60	27.54
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	4.44	4.61	5.44	5.72	5.18	5.34
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	73.33	19.45
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.08	0.00	0.00	0.10	0.15	0.19	0.22	0.20	0.23
Long-Term Debt to Equity	0.00	0.08	0.00	0.00	0.10	0.15	0.19	0.22	0.20	0.23
Financial Leverage	0.00	0.07	0.00	0.00	0.10	0.11	0.18	0.22	0.15	0.19
Leverage Ratio	0.00	1.16	0.00	0.00	1.37	1.28	1.43	1.50	1.44	1.51
Compound Leverage Factor	0.00	0.00	0.00	0.00	2.83	1.22	5.86	1.28	1.29	2.40
Debt to Total Capital	0.00%	7.78%	0.00%	0.00%	9.38%	12.91%	15.79%	18.15%	16.79%	18.95%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	7.78%	0.00%	0.00%	9.38%	12.91%	15.79%	18.15%	16.79%	18.95%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	91.48%	0.00%	0.00%	90.62%	87.09%	84.21%	81.85%	83.21%	81.05%
Debt to EBITDA	0.00	0.26	0.00	0.00	0.76	0.62	0.70	0.78	0.58	0.84
Net Debt to EBITDA	0.00	0.20	0.00	0.00	0.74	0.62	0.69	0.78	0.57	0.82
Long-Term Debt to EBITDA	0.00	0.26	0.00	0.00	0.76	0.62	0.70	0.78	0.58	0.84
Debt to NOPAT	0.00	0.31	0.00	0.00	0.00	-4.97	2.87	2.89	2.75	3.90
Net Debt to NOPAT	0.00	0.25	0.00	0.00	0.00	-4.93	2.83	2.89	2.68	3.80
Long-Term Debt to NOPAT	0.00	0.31	0.00	0.00	0.00	-4.97	2.87	2.89	2.75	3.90
Altman Z-Score	0.00	0.00	0.00	0.00	1.65	1.99	2.05	1.92	1.93	1.58
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.41%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.48	0.00	0.00	0.50	0.97	0.88	0.83	0.75	0.51
Quick Ratio	0.00	1.40	0.00	0.00	0.48	0.75	0.81	0.78	0.53	0.43
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	0.00	-584	-8.72	-610	-621	-21	14
Operating Cash Flow to CapEx	0.00%	161.07%	172.50%	189.91%	93.82%	73.22%	122.37%	93.36%	265.53%	122.93%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-501.12	-4.81	-276.98	-240.16	-7.67	5.65
Operating Cash Flow to Interest Expense	0.00	0.00	33.20	35.00	27.50	17.44	17.89	13.60	16.80	14.05
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	13.96	16.57	-1.81	-6.38	3.27	-0.97	10.47	2.62
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.85	0.00	0.00	0.00	0.33	0.63	0.65	0.33	0.31
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	5.42	0.00	0.00	6.85	5.71
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.36	0.00	0.00	0.36	0.33
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	2.26	0.00	0.00	2.31	1.54
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	67.34	0.00	0.00	53.28	63.88
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	161.19	0.00	0.00	157.90	237.75
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	-93.84	0.00	0.00	-104.62	-173.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	607	0.00	0.00	595	627	619	633	623	614
Invested Capital Turnover	0.00	0.46	0.00	0.00	0.00	0.38	0.77	0.80	0.42	0.39
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	0.00	595	20	619	633	28	-12
Enterprise Value (EV)	0.00	0.00	499	586	653	654	774	791	788	827
Market Capitalization	0.00	0.00	499	586	599	574	677	676	685	713
Book Value per Share	$0.00	$1.29	$0.00	$0.00	$18.25	$18.98	$17.46	$17.60	$17.64	$16.94
Tangible Book Value per Share	$0.00	$1.29	$0.00	$0.00	$18.25	$18.98	$17.46	$17.60	$17.64	$16.94
Total Capital	0.00	617	0.00	0.00	597	627	621	634	625	617
Total Debt	0.00	48	0.00	0.00	56	81	98	115	105	117
Total Long-Term Debt	0.00	48	0.00	0.00	56	81	98	115	105	117
Net Debt	0.00	38	0.00	0.00	54	80	97	115	103	114
Capital Expenditures (CapEx)	0.00	23	23	21	34	43	32	38	17	28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	7.67	0.00	0.00	-44	-2.61	-7.88	-10	-21	-52
Debt-free Net Working Capital (DFNWC)	0.00	18	0.00	0.00	-42	-2.06	-6.50	-10	-18	-49
Net Working Capital (NWC)	0.00	18	0.00	0.00	-42	-2.06	-6.50	-10	-18	-49
Net Nonoperating Expense (NNE)	-30	0.00	38	-2.18	13	-8.76	11	1.65	-11	6.59
Net Nonoperating Obligations (NNO)	0.00	38	0.00	0.00	54	80	97	115	103	114
Total Depreciation and Amortization (D&A)	18	17	19	19	19	26	24	26	25	27
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	2.72%	0.00%	0.00%	0.00%	-1.12%	-3.32%	-4.09%	-8.16%	-21.65%
Debt-free Net Working Capital to Revenue	0.00%	6.27%	0.00%	0.00%	0.00%	-0.88%	-2.74%	-4.04%	-7.21%	-20.42%
Net Working Capital to Revenue	0.00%	6.27%	0.00%	0.00%	0.00%	-0.88%	-2.74%	-4.04%	-7.21%	-20.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.05)	$28,071,000.70	($0.07)	$0.36	$0.56	($0.15)
Adjusted Weighted Average Basic Shares Outstanding	0.00	438.63M	0.00	0.00	29.66M	29.56M	29.93M	30.05M	30.08M	30.04M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.05)	$0.70	($0.07)	$0.33	$0.53	($0.15)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	438.63M	0.00	0.00	29.66M	29.56M	29.93M	33.03M	32.99M	32.91M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	28.79M	29.45M	29.45M	29.50M	29.54M	38.58M
Normalized Net Operating Profit after Tax (NOPAT)	27	0.00	10	8.28	12	12	10	14	8.24	3.05
Normalized NOPAT Margin	35.06%	0.00%	17.26%	16.05%	21.72%	17.47%	16.80%	21.19%	14.14%	5.45%
Pre Tax Income Margin	111.21%	0.00%	-12.84%	31.85%	-4.11%	51.19%	-4.77%	21.93%	40.60%	-11.84%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	69.59	0.00	-5.30	15.74	-0.94	20.56	-0.32	6.65	9.69	-1.68
NOPAT to Interest Expense	44.76	0.00	-8.11	6.68	9.57	6.15	4.16	4.87	2.43	0.59
EBIT Less CapEx to Interest Expense	69.59	0.00	-24.55	-2.70	-30.25	-3.26	-14.95	-7.92	3.37	-13.11
NOPAT Less CapEx to Interest Expense	44.76	0.00	-27.36	-11.76	-19.74	-17.67	-10.47	-9.70	-3.89	-10.83
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	30.28%	0.00%	0.00%	0.00%	-293.76%	231.06%	224.07%	134.64%	301.80%
Augmented Payout Ratio	0.00%	30.28%	0.00%	0.00%	0.00%	-295.01%	231.06%	224.07%	134.64%	301.80%

Frequently Asked Questions About Vitesse Energy's Financials

When does Vitesse Energy's financial year end?

According to the most recent income statement we have on file, Vitesse Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Vitesse Energy's net income changed over the last 3 years?

Vitesse Energy's net income appears to be on a downward trend, with a most recent value of $21.06 million in 2024, rising from $18.11 million in 2021. The previous period was -$19.74 million in 2023.

What is Vitesse Energy's operating income?

Vitesse Energy's total operating income in 2024 was $40.97 million, based on the following breakdown:

Total Gross Profit: $194.40 million
Total Operating Expenses: $153.43 million

How has Vitesse Energy revenue changed over the last 3 years?

Over the last 3 years, Vitesse Energy's total revenue changed from $167.84 million in 2021 to $242.00 million in 2024, a change of 44.2%.

How much debt does Vitesse Energy have?

Vitesse Energy's total liabilities were at $310.56 million at the end of 2024, a 41.4% increase from 2023, and a 239.4% increase since 2022.

How much cash does Vitesse Energy have?

In the past 2 years, Vitesse Energy's cash and equivalents has ranged from $552 thousand in 2023 to $10.01 million in 2022, and is currently $2.97 million as of their latest financial filing in 2024.

How has Vitesse Energy's book value per share changed over the last 3 years?

Over the last 3 years, Vitesse Energy's book value per share changed from 0.00 in 2021 to 16.94 in 2024, a change of 1,693.6%.

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This page (NYSE:VTS) was last updated on 4/17/2025 by MarketBeat.com Staff

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Vitesse Energy (VTS) Financials

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Vitesse Energy (VTS) Financials

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