Vermilion Energy Inc. (VET) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
3.92
↑+55% vs avg
5yr avg: 2.53
30Y Low1.7·High13.9
P/FCF
↓
7.32
↑+66% vs avg
5yr avg: 4.41
30Y Low2.4·High139.6
P/B Ratio
↓
1.08
↑+48% vs avg
5yr avg: 0.73
30Y Low0.5·High3.7
ROE
↓
-26.0%
↑-244% vs avg
5yr avg: 18.0%
30Y Low-90%·High77%
Debt/EBITDA
↑
1.39
↑+33% vs avg
5yr avg: 1.04
30Y Low0.3·High3.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VET Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vermilion Energy Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 7.3x P/FCF, 66% above the 5-year average of 4.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.7B | $1.3B | $1.5B | $2.0B | $3.0B | $2.1B | $703M | $2.6B | $3.0B | $4.4B | $4.9B |
| Enterprise Value | $2.6B | $2.6B | $2.4B | $2.8B | $4.1B | $3.8B | $2.7B | $4.5B | $4.9B | $5.7B | $6.2B |
| P/E Ratio → | -3.68 | — | — | — | 2.27 | 1.81 | — | 77.90 | 11.03 | 71.22 | — |
| P/S Ratio | 1.35 | 0.73 | 0.72 | 0.90 | 0.80 | 0.93 | 0.56 | 1.67 | 1.79 | 4.05 | 5.53 |
| P/B Ratio | 1.08 | 0.58 | 0.53 | 0.65 | 0.88 | 1.00 | 0.76 | 1.04 | 1.06 | 2.88 | 3.09 |
| P/FCF | 7.32 | 3.93 | 4.47 | 6.76 | 2.36 | 4.51 | 5.29 | 8.50 | 139.56 | 18.09 | 28.94 |
| P/OCF | 2.53 | 1.36 | 1.54 | 1.93 | 1.64 | 2.49 | 1.40 | 3.10 | 3.68 | 7.49 | 9.58 |
P/E links to full P/E history page with 30-year chart
VET EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vermilion Energy Inc.'s enterprise value stands at 3.9x EBITDA, 55% above its 5-year average of 2.5x. The Energy sector median is 8.2x, placing the stock at a 52% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.45 | 1.14 | 1.26 | 1.10 | 1.70 | 2.17 | 2.98 | 2.91 | 5.17 | 7.02 |
| EV / EBITDA | 3.92 | 2.74 | 2.54 | 2.71 | 1.68 | 2.99 | — | 2.84 | 4.86 | 9.13 | 13.94 |
| EV / EBIT | 21.93 | 15.32 | 30.41 | — | 1.92 | 2.60 | — | 21.69 | 11.41 | 52.79 | — |
| EV / FCF | — | 7.86 | 7.15 | 9.52 | 3.25 | 8.22 | 20.35 | 15.13 | 226.93 | 23.13 | 36.76 |
VET Profitability
Margins and return-on-capital ratios measuring operating efficiency
Vermilion Energy Inc. earns an operating margin of 9.5%, below the Energy sector average of 13.8%. Operating margins have compressed from 14.3% to 9.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -26.0% indicates the company is currently destroying shareholder equity. ROIC of 3.5% represents below-average returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.5% | 16.5% | 54.0% | 50.8% | 69.7% | 59.4% | 34.7% | 66.4% | 54.6% | 48.5% | 34.0% |
| Operating Margin | 9.5% | 9.5% | 12.0% | 14.3% | 50.1% | 31.2% | — | 58.3% | 21.7% | 9.5% | -12.2% |
| Net Profit Margin | -37.0% | -37.0% | -2.3% | -10.8% | 35.3% | 51.6% | -121.6% | 2.1% | 16.2% | 5.7% | -18.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -26.0% | -26.0% | -1.6% | -7.4% | 48.0% | 76.8% | -89.8% | 1.2% | 12.5% | 4.0% | -9.3% |
| ROA | -11.4% | -11.4% | -0.8% | -3.6% | 20.4% | 22.9% | -30.4% | 0.5% | 5.3% | 1.5% | -3.9% |
| ROIC | 3.5% | 3.5% | 5.0% | 5.6% | 33.7% | 15.5% | — | 14.6% | 7.3% | 2.7% | -2.6% |
| ROCE | 3.3% | 3.3% | 4.5% | 5.4% | 33.1% | 15.7% | — | 16.0% | 7.8% | 2.8% | -2.9% |
VET Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Vermilion Energy Inc. carries a Debt/EBITDA ratio of 1.4x, which is manageable (47% below the sector average of 2.6x). Net debt stands at $1.3B ($1.3B total debt minus $19M cash). Interest coverage of just 1.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.59 | 0.59 | 0.36 | 0.31 | 0.33 | 0.83 | 2.17 | 0.82 | 0.68 | 0.83 | 0.88 |
| Debt / EBITDA | 1.39 | 1.39 | 1.09 | 0.92 | 0.46 | 1.35 | — | 1.26 | 1.90 | 2.07 | 3.11 |
| Net Debt / Equity | — | 0.58 | 0.32 | 0.27 | 0.33 | 0.83 | 2.16 | 0.81 | 0.67 | 0.80 | 0.84 |
| Net Debt / EBITDA | 1.37 | 1.37 | 0.95 | 0.78 | 0.46 | 1.35 | — | 1.24 | 1.87 | 1.99 | 2.97 |
| Debt / FCF | — | 3.93 | 2.67 | 2.76 | 0.89 | 3.71 | 15.07 | 6.62 | 87.37 | 5.04 | 7.82 |
| Interest Coverage | 1.26 | 1.26 | 0.92 | -2.27 | 25.75 | 19.91 | -24.01 | 2.57 | 5.87 | 1.88 | -2.92 |
VET Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.84x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.18x to 0.84x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.84 | 0.84 | 0.95 | 1.18 | 0.80 | 0.63 | 0.60 | 0.84 | 0.76 | 0.72 | 0.78 |
| Quick Ratio | 0.76 | 0.76 | 0.89 | 1.10 | 0.78 | 0.61 | 0.57 | 0.76 | 0.71 | 0.67 | 0.73 |
| Cash Ratio | 0.03 | 0.03 | 0.22 | 0.20 | 0.02 | 0.01 | 0.02 | 0.07 | 0.05 | 0.13 | 0.22 |
| Asset Turnover | — | 0.33 | 0.34 | 0.35 | 0.53 | 0.38 | 0.30 | 0.26 | 0.27 | 0.28 | 0.22 |
| Inventory Turnover | 31.62 | 31.62 | 23.44 | 18.86 | 57.38 | 45.09 | 60.80 | 17.44 | 27.43 | 33.10 | 40.08 |
| Days Sales Outstanding | — | 56.55 | 52.52 | 40.31 | 36.65 | 53.86 | 57.37 | 50.56 | 56.62 | 55.06 | 54.46 |
VET Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vermilion Energy Inc. returns 5.6% to shareholders annually — split between a 4.1% dividend yield and 1.5% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.1% | 7.7% | 4.9% | 3.1% | 1.1% | — | 16.8% | 15.3% | 11.0% | 4.5% | 2.1% |
| Payout Ratio | — | — | — | — | 2.5% | — | — | 1193.8% | 121.6% | 321.4% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 44.1% | 55.4% | — | 1.3% | 9.1% | 1.4% | — |
| FCF Yield | 13.7% | 25.4% | 22.3% | 14.8% | 42.3% | 22.2% | 18.9% | 11.8% | 0.7% | 5.5% | 3.5% |
| Buyback Yield | 1.5% | 2.8% | 9.5% | 4.8% | 2.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.6% | 10.4% | 14.4% | 7.9% | 3.5% | 0.0% | 16.8% | 15.3% | 11.0% | 4.5% | 2.1% |
| Shares Outstanding | — | $154M | $158M | $164M | $168M | $165M | $158M | $156M | $142M | $122M | $116M |
Peer Comparison
Compare VET with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VETYou | $2B | -3.7 | 3.9 | 7.3 | 16.5% | 9.5% | -26.0% | 3.5% | 1.4 |
 BTE | $3B | -8.3 | 5.4 | 19.5 | 21.5% | 15.3% | -18.4% | 4.2% | 0.2 |
 CVE | $53B | 18.4 | 9.0 | 21.9 | 10.5% | 8.8% | 12.8% | 7.9% | 1.7 |
 MEG | $566M | -111.7 | 14.4 | 6.2 | 34.1% | 1.5% | -0.2% | 1.3% | 5.7 |
 PBA | $28B | 25.4 | 13.8 | 15.8 | 38.4% | 36.1% | 9.9% | 6.9% | 3.5 |
 OVV | $16B | 12.0 | 5.8 | 10.7 | 28.6% | 21.6% | 11.5% | 8.0% | 1.8 |
 ARX | $3B | -1.7 | — | 7.0 | 67.7% | -150.3% | -234.8% | — | — |
 CNQ | $94B | 12.3 | 9.5 | 15.7 | 21.3% | 18.6% | 25.8% | 10.0% | 1.2 |
 SU | $73B | 17.8 | 5.1 | 14.8 | 59.1% | 31.7% | 13.2% | 20.1% | 0.8 |
 HAL | $33B | 26.4 | 11.5 | 19.8 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 SLB | $84B | 23.9 | 12.7 | 17.6 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
| Energy Median | — | 16.7 | 8.2 | 14.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Run the NumbersIs VET Undervalued Right Now?
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Compare NowVET — Frequently Asked Questions
Quick answers to the most common questions about buying VET stock.
What is Vermilion Energy Inc.'s P/E ratio?
Vermilion Energy Inc.'s current P/E ratio is -3.7x. The historical average is 34.7x.
What is Vermilion Energy Inc.'s EV/EBITDA?
Vermilion Energy Inc.'s current EV/EBITDA is 3.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.1x.
What is Vermilion Energy Inc.'s ROE?
Vermilion Energy Inc.'s return on equity (ROE) is -26.0%. The historical average is 12.4%.
Is VET stock overvalued?
Based on historical data, Vermilion Energy Inc. is trading at a P/E of -3.7x. Compare with industry peers and growth rates for a complete picture.
What is Vermilion Energy Inc.'s dividend yield?
Vermilion Energy Inc.'s current dividend yield is 4.10%.
What are Vermilion Energy Inc.'s profit margins?
Vermilion Energy Inc. has 16.5% gross margin and 9.5% operating margin.
How much debt does Vermilion Energy Inc. have?
Vermilion Energy Inc.'s Debt/EBITDA ratio is 1.4x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.