• Viper Energy average return on tangible equity for 2023 was 7.47, a 30.37% increase from 2022.
• Viper Energy average return on tangible equity for 2022 was 5.73, a 1373.33% increase from 2021.
• Viper Energy average return on tangible equity for 2021 was -0.45, a 94.56% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.