Vitesse Energy, Inc.
VTS NYSE Crude Petroleum & Natural Gas Financials FY2020โFY2025
Last close ยท Oct 23, 2026
$18.25
2.3%
Revenue
Total sales reported in the income statement.
$274M
13.2%
vs prior year
Operating margin
Operating income as a share of revenue.
6.3%
10.7ย pts
Net income
Profit after all expenses, interest and tax.
$25.3M
20.0%
Free cash flow
Cash from operations minus capital spending.
โ
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
โ
Market cap
Last close times the latest diluted share count, so it is approximate.
$782M
Oct 23 close
P/E
Last close divided by diluted earnings per share over the last four quarters.
โ
On โ$0.32 EPS (TTM)
What Vitesse Energy, Inc. does
No business description yet.
- Legal name
- Vitesse Energy, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K ยท Mar 2, 2026
- Accession ยท CIK
- 0001944558-26-000009
0001944558
Revenue and margins
Vitesse Energy, Inc. had $274M of revenue in fiscal 2025, up 13.2% on the year before.
FY20
Revenue $97.2M
FY21
Revenue $168M
FY22
Revenue โ
FY23
Revenue $234M
FY24
Revenue $242M
FY25
Revenue $274M
Q3 '23
Revenue $55.1M
Q4 '23
Revenue $69.3M
Q1 '24
Revenue $61.2M
Q2 '24
Revenue $66.6M
Q3 '24
Revenue $58.3M
Q4 '24
Revenue $55.9M
Q1 '25
Revenue $66.2M
Q2 '25
Revenue $81.8M
Q3 '25
Revenue $67.4M
Q4 '25
Revenue $58.6M
Q1 '26
Revenue $67.4M
Q2 '26
Revenue $91.0M
FY20
Gross โ
Operating โ34.8%
Net โ9.1%
FCF โ
FY21
Gross โ
Operating 32.1%
Net 10.8%
FCF โ
FY22
Gross โ
Operating โ
Net โ
FCF โ
FY23
Gross โ
Operating 14.9%
Net โ8.4%
FCF โ
FY24
Gross โ
Operating 16.9%
Net 8.7%
FCF โ
FY25
Gross โ
Operating 6.3%
Net 9.2%
FCF โ
Gross
Operating
Net
FCF
Q3 '23
Gross โ
Operating 28.9%
Net โ2.7%
FCF โ
Q4 '23
Gross โ
Operating 28.7%
Net 28.7%
FCF โ
Q1 '24
Gross โ
Operating 21.4%
Net โ3.6%
FCF โ
Q2 '24
Gross โ
Operating 25.2%
Net 16.4%
FCF โ
Q3 '24
Gross โ
Operating 15.4%
Net 29.9%
FCF โ
Q4 '24
Gross โ
Operating 3.7%
Net โ9.2%
FCF โ
Q1 '25
Gross โ
Operating 8.1%
Net 4.0%
FCF โ
Q2 '25
Gross โ
Operating 22.8%
Net 30.2%
FCF โ
Q3 '25
Gross โ
Operating 0.2%
Net โ1.9%
FCF โ
Q4 '25
Gross โ
Operating โ12.0%
Net โ1.3%
FCF โ
Q1 '26
Gross โ
Operating 8.8%
Net โ62.7%
FCF โ
Q2 '26
Gross โ
Operating 22.9%
Net 36.4%
FCF โ
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY20
Net income โ$8.9M
FY21
Net income $18.1M
FY22
Net income โ
FY23
Net income โ$19.7M
FY24
Net income $21.1M
FY25
Net income $25.3M
Q3 '23
Net income โ$1.5M
Q4 '23
Net income $19.9M
Q1 '24
Net income โ$2.2M
Q2 '24
Net income $10.9M
Q3 '24
Net income $17.4M
Q4 '24
Net income โ$5.1M
Q1 '25
Net income $2.7M
Q2 '25
Net income $24.7M
Q3 '25
Net income โ$1.3M
Q4 '25
Net income โ$0.7M
Q1 '26
Net income โ$42.3M
Q2 '26
Net income $33.1M
FY20
Diluted EPS โ$0.02
FY21
Diluted EPS $0.04
FY22
Diluted EPS โ
FY23
Diluted EPS โ$0.73
FY24
Diluted EPS $0.64
FY25
Diluted EPS $0.64
Q3 '23
Diluted EPS โ$0.05
Q4 '23
Diluted EPS $0.70
Q1 '24
Diluted EPS โ$0.07
Q2 '24
Diluted EPS $0.33
Q3 '24
Diluted EPS $0.53
Q4 '24
Diluted EPS โ$0.15
Q1 '25
Diluted EPS $0.08
Q2 '25
Diluted EPS $0.60
Q3 '25
Diluted EPS โ$0.03
Q4 '25
Diluted EPS โ$0.01
Q1 '26
Diluted EPS โ$1.05
Q2 '26
Diluted EPS $0.77
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY20
Return on capital โ
Return on equity โ
Return on assets โ
FY21
Return on capital โ
Return on equity โ
Return on assets 2.9%
FY22
Return on capital โ
Return on equity โ
Return on assets โ
FY23
Return on capital โ
Return on equity โ3.6%
Return on assets โ2.8%
FY24
Return on capital โ
Return on equity 4.0%
Return on assets 2.7%
FY25
Return on capital โ
Return on equity 4.5%
Return on assets 3.0%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was โ in fiscal 2025, โ of revenue. Cash from operations minus capital spending.
FY20
Free cash flow โ
FY21
Free cash flow โ
FY22
Free cash flow โ
FY23
Free cash flow โ
FY24
Free cash flow โ
FY25
Free cash flow โ
FY20
Cash from operations $76.3M
Capital spending โ
FY21
Cash from operations $87.0M
Capital spending โ
FY22
Cash from operations โ
Capital spending โ
FY23
Cash from operations $142M
Capital spending โ
FY24
Cash from operations $155M
Capital spending โ
FY25
Cash from operations $170M
Capital spending โ
Cash from operations
Capital spending
Q3 '23
Cash from operations $32.1M
Capital spending โ
Q4 '23
Cash from operations $31.6M
Capital spending โ
Q1 '24
Cash from operations $39.4M
Capital spending โ
Q2 '24
Cash from operations $35.2M
Capital spending โ
Q3 '24
Cash from operations $45.7M
Capital spending โ
Q4 '24
Cash from operations $34.7M
Capital spending โ
Q1 '25
Cash from operations $17.5M
Capital spending โ
Q2 '25
Cash from operations $66.0M
Capital spending โ
Q3 '25
Cash from operations $49.4M
Capital spending โ
Q4 '25
Cash from operations $37.4M
Capital spending โ
Q1 '26
Cash from operations $24.0M
Capital spending โ
Q2 '26
Cash from operations $25.4M
Capital spending โ
Cash from operations
Capital spending
Dividends, buybacks and share count
Vitesse Energy, Inc. returned $92.1M to shareholders in fiscal 2025. The diluted share count rose 20.2%.
FY20
Dividends โ
Buybacks โ
FY21
Dividends $12.0M
Buybacks $0.0M
FY22
Dividends โ
Buybacks โ
FY23
Dividends $58.0M
Buybacks $0.2M
FY24
Dividends $63.6M
Buybacks $0.0M
FY25
Dividends $92.1M
Buybacks $0.0M
Dividends
Buybacks
Q3 '23
Dividends $14.5M
Buybacks $0.0M
Q4 '23
Dividends $14.5M
Buybacks $0.0M
Q1 '24
Dividends $16.3M
Buybacks $0.0M
Q2 '24
Dividends $15.6M
Buybacks $0.0M
Q3 '24
Dividends $15.6M
Buybacks $0.0M
Q4 '24
Dividends $16.0M
Buybacks $0.0M
Q1 '25
Dividends $26.0M
Buybacks โ
Q2 '25
Dividends $21.8M
Buybacks โ
Q3 '25
Dividends $22.0M
Buybacks โ
Q4 '25
Dividends $22.3M
Buybacks โ
Q1 '26
Dividends $23.5M
Buybacks โ
Q2 '26
Dividends $20.6M
Buybacks โ
Dividends
Buybacks
FY20
Diluted shares 0.44B
FY21
Diluted shares 0.44B
FY22
Diluted shares โ
FY23
Diluted shares 0.03B
FY24
Diluted shares 0.03B
FY25
Diluted shares 0.04B
Balance sheet
Cash, debt and the ratios that show how comfortably Vitesse Energy, Inc. can carry it.
FY20
Cash $1.7M
Debt โ
FY21
Cash $2.8M
Debt โ
FY22
Cash $10.0M
Debt โ
FY23
Cash $0.6M
Debt โ
FY24
Cash $3.0M
Debt โ
FY25
Cash $1.3M
Debt โ
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $2.8M | $10.0M | $0.6M | $3.0M | $1.3M |
| Interest coverage | 16.8x | โ | 6.6x | 4.1x | 1.7x |
| Current ratio | 1.1x | 1.5x | 1.0x | 0.5x | 1.0x |
| Quick ratio | 1.1x | 1.5x | 1.0x | 0.5x | 1.0x |
| Total assets | $614M | $660M | $766M | $811M | $893M |
| Total liabilities | $115M | $91.5M | $220M | $311M | $264M |
| Shareholders' equity | โ | $564M | $546M | $500M | $629M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | โ / 4 | โ / 1 | โ / 4 | 4 / 7 | 6 / 7 |
| Accruals ratio | โ | โ11.2% | โ | โ22.7% | โ17.0% | โ17.0% |
| Altman Z'' | โ | โ | โ | 2.81 | 1.61 | 2.63 |
6 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $97.2M | $168M | โ | $234M | $242M | $274M |
| Operating income | โ$33.8M | $53.9M | โ | $34.9M | $41.0M | $17.1M |
| Interest expense | $4.7M | $3.2M | โ | $5.3M | $10.0M | $10.2M |
| Pretax income | โ | $18.1M | โ | $42.2M | $28.7M | $35.1M |
| Income tax | โ | $0.0M | โ | $61.9M | $7.7M | $9.8M |
| Net income | โ$8.9M | $18.1M | โ | โ$19.7M | $21.1M | $25.3M |
| Net income to common | โ$8.9M | $17.7M | โ | โ$21.6M | $21.1M | $25.3M |
| Diluted EPS | โ$0.02 | $0.04 | โ | โ$0.73 | $0.64 | $0.64 |
| Diluted shares | 0.44B | 0.44B | โ | 0.03B | 0.03B | 0.04B |
| Cash flow | ||||||
| Cash from operations | $76.3M | $87.0M | โ | $142M | $155M | $170M |
| Stock-based compensation | โ$0.5M | $1.4M | โ | $32.2M | $8.1M | $10.2M |
| Share buybacks | โ | $0.0M | โ | $0.2M | $0.0M | $0.0M |
| Dividends paid | โ | $12.0M | โ | $58.0M | $63.6M | $92.1M |
| Dividends and buybacks | โ | $12.0M | โ | $58.2M | $63.6M | $92.1M |
| Balance sheet | ||||||
| Cash and short-term investments | $1.7M | $2.8M | $10.0M | $0.6M | $3.0M | $1.3M |
| Current assets | โ | $36.4M | $54.4M | $58.3M | $50.9M | $52.2M |
| Current liabilities | โ | $32.2M | $36.7M | $60.4M | $100M | $51.3M |
| Property and equipment, net | โ | $0.2M | $0.1M | $0.2M | $0.2M | $0.1M |
| Total assets | โ | $614M | $660M | $766M | $811M | $893M |
| Total liabilities | โ | $115M | $91.5M | $220M | $311M | $264M |
| Preferred stock | โ | โ | โ | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | โ | โ | $564M | $546M | $500M | $629M |
| Margins | ||||||
| Operating margin | โ34.8% | 32.1% | โ | 14.9% | 16.9% | 6.3% |
| Net margin | โ9.1% | 10.8% | โ | โ8.4% | 8.7% | 9.2% |
| Returns | ||||||
| Return on capital employed | โ | 9.3% | โ | 4.9% | 5.8% | 2.0% |
| Return on equity | โ | โ | โ | โ3.6% | 4.0% | 4.5% |
| Return on assets | โ | 2.9% | โ | โ2.8% | 2.7% | 3.0% |
| Return on tangible equity | โ | โ | โ | โ3.9% | 4.2% | 4.0% |
| Growth | ||||||
| Revenue growth | โ | 72.6% | โ | โ | 3.5% | 13.2% |
| Net income growth | โ | โ | โ | โ | โ | 20.0% |
| EPS growth | โ | โ | โ | โ | โ | 0.0% |
| Share count change | โ | 0.0% | โ | โ | 11.3% | 20.2% |
| Financial health | ||||||
| Interest coverage | โ7.2x | 16.8x | โ | 6.6x | 4.1x | 1.7x |
| Current ratio | โ | 1.1x | 1.5x | 1.0x | 0.5x | 1.0x |
| Quick ratio | โ | 1.1x | 1.5x | 1.0x | 0.5x | 1.0x |
| Capital allocation | ||||||
| Stock comp / revenue | โ0.6% | 0.8% | โ | 13.8% | 3.4% | 3.7% |
| Quality scores | ||||||
| Piotroski F-score | โ | โ | โ | โ | 4.0 | 6.0 |
| Altman Z'' | โ | โ | โ | 2.8 | 1.6 | 2.6 |
| Accruals ratio | โ | โ11.2% | โ | โ22.7% | โ17.0% | โ17.0% |
Source: SEC EDGAR XBRL filings (CIK 0001944558). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.