VET
Vermilion Energy Inc.
NYSE: VET · ENERGY · OIL & GAS E&P
$13.46
+3.14% today
Updated 2026-04-29
Market cap
$2.06B
P/E ratio
—
P/S ratio
1.21x
EPS (TTM)
$-1.74
Dividend yield
3.98%
52W range
$6 – $15
Volume
2.5M
Vermilion Energy Inc. (VET) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $618.07M | $707.33M | $1.00B | $639.75M | $727.80M | $1.03B | $1.08B | $1.27B | $1.42B | $939.59M | $882.79M | $1.10B | $1.68B | $1.53B | $1.25B | $2.23B | $3.72B | $2.20B | $2.07B | $1.76B |
| Revenue growth (YoY) | — | +14.4% | +41.6% | -36.1% | +13.8% | +41.7% | +5.0% | +17.6% | +11.4% | -33.8% | -6.0% | +24.5% | +52.7% | -9.1% | -18.3% | +78.5% | +67.1% | -40.9% | -5.7% | -15.0% |
| Cost of revenue | $199.21M | $239.96M | $274.37M | $256.18M | $254.80M | $242.16M | $348.03M | $390.32M | $533.69M | $524.68M | $582.29M | $566.16M | $761.22M | $512.52M | $814.87M | $904.90M | $1.13B | $1.08B | $954.03M | $1.47B |
| Gross profit | $418.86M | $467.37M | $727.54M | $383.57M | $473.00M | $789.41M | $735.08M | $883.51M | $885.93M | $414.91M | $300.50M | $532.68M | $916.89M | $1.01B | $432.53M | $1.32B | $2.59B | $1.12B | $1.12B | $290.90M |
| Gross margin | 67.8% | 66.1% | 72.6% | 60.0% | 65.0% | 76.5% | 67.9% | 69.4% | 62.4% | 44.2% | 34.0% | 48.5% | 54.6% | 66.4% | 34.7% | 59.4% | 69.7% | 50.8% | 54.0% | 16.5% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $50.70M | $55.60M | $66.80M | $49.39M | $71.01M | $83.25M | $114.99M | $139.68M | $171.89M | $170.48M | $161.57M | $159.40M | $164.56M | $58.98M | $171.46M | $171.60M | $102.07M | $123.47M | $129.43M | $123.62M |
| Operating income | $216.39M | $223.26M | $405.30M | $137.90M | $130.44M | $447.56M | $418.60M | $548.79M | $457.82M | $-5.42M | $-108.04M | $104.04M | $364.10M | $890.46M | $-188.24M | $693.78M | $1.87B | $314.35M | $249.40M | $167.38M |
| Operating margin | 35.0% | 31.6% | 40.5% | 21.6% | 17.9% | 43.4% | 38.6% | 43.1% | 32.2% | -0.6% | -12.2% | 9.5% | 21.7% | 58.3% | -15.1% | 31.2% | 50.1% | 14.3% | 12.0% | 9.5% |
| EBITDA | $378.64M | $434.66M | $660.77M | $386.63M | $353.03M | $684.27M | $705.80M | $941.75M | $928.42M | $304.69M | $361.73M | $626.35M | $1.04B | $917.26M | $-1.22B | $2.03B | $2.71B | $519.55M | $761.26M | $935.84M |
| EBITDA margin | 61.3% | 61.5% | 66.0% | 60.4% | 48.5% | 66.3% | 65.2% | 73.9% | 65.4% | 32.4% | 41.0% | 57.0% | 61.8% | 60.1% | -98.0% | 91.0% | 72.9% | 23.6% | 36.7% | 53.1% |
| EBIT | $216.39M | $223.26M | $405.30M | $137.90M | $81.48M | $447.56M | $409.85M | $619.36M | $502.73M | $-154.06M | $-191.05M | $107.70M | $396.24M | $209.41M | $-1.80B | $1.45B | $2.13B | $-193.07M | $78.02M | $167.38M |
| Interest expense | $0.00 | $0.00 | $16.33M | $13.27M | $13.37M | $24.97M | $27.59M | $38.18M | $49.66M | $59.85M | $56.96M | $57.31M | $72.76M | $81.38M | $75.08M | $73.08M | $82.86M | $85.21M | $84.61M | $132.64M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $146.92M | $164.29M | $229.19M | $185.50M | $111.26M | $142.82M | $190.62M | $327.64M | $269.33M | $-217.30M | $-160.05M | $62.26M | $271.65M | $32.80M | $-1.52B | $1.15B | $1.31B | $-237.59M | $-46.74M | $-653.07M |
| Net income growth (YoY) | — | +11.8% | +39.5% | -19.1% | -40.0% | +28.4% | +33.5% | +71.9% | -17.8% | -180.7% | +26.3% | +138.9% | +336.3% | -87.9% | -4726.4% | +175.7% | +14.3% | -118.1% | +80.3% | -1297.3% |
| Profit margin | 23.8% | 23.2% | 22.9% | 29.0% | 15.3% | 13.8% | 17.6% | 25.7% | 19.0% | -23.1% | -18.1% | 5.7% | 16.2% | 2.1% | -121.6% | 51.6% | 35.3% | -10.8% | -2.3% | -37.0% |