$1.53B Market Cap.
VET Market Cap. (MRY)
VET Shares Outstanding (MRY)
VET Assets (MRY)
Total Assets
$6.12B
Total Liabilities
$3.30B
Total Investments
$78.86M
VET Income (MRY)
Revenue
$1.90B
Net Income
-$46.74M
Operating Expense
$900.32M
VET Cash Flow (MRY)
CF Operations
$967.75M
CF Investing
-$634.87M
CF Financing
-$344.08M
VET Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.36 | 3.80% | 20.40% | -120.00% | -0.83 |
2023 | $0.30 | 2.50% | 41.04% | -20.62% | -4.85 |
2022 | $0.21 | 1.20% | 0% | 2.64% | 37.88 |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0.57 | 12.90% | - | -5.98% | -16.71 |
VET Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $6,115,576,000 (-1.93%) | $6,235,821,000 (-10.80%) | $6,991,058,000 (18.39%) | $5,905,323,000 (43.71%) |
Assets Current | $582,326,000 (-29.29%) | $823,514,000 (15.27%) | $714,446,000 (51.10%) | $472,845,000 (81.17%) |
Assets Non-Current | $5,533,250,000 (2.23%) | $5,412,307,000 (-13.77%) | $6,276,612,000 (15.54%) | $5,432,478,000 (41.17%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $2,810,989,000 (-7.28%) | $3,031,648,000 (-10.86%) | $3,401,058,000 (64.61%) | $2,066,145,000 (123.27%) |
Property Plant & Equipment Net | $5,242,747,000 (3.19%) | $5,080,888,000 (-14.78%) | $5,962,115,000 (17.89%) | $5,057,485,000 (50.47%) |
Cash & Equivalents | $131,730,000 (-6.88%) | $141,456,000 (922.38%) | $13,836,000 (129.53%) | $6,028,000 (-12.69%) |
Accumulated Other Comprehensive Income | $135,847,000 (24.29%) | $109,302,000 (-11.50%) | $123,505,000 (333.85%) | $28,467,000 (-63.50%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $78,862,000 (7.65%) | $73,261,000 (-79.18%) | $351,807,000 (1720.85%) | $19,321,000 (-0.28%) |
Investments Current | $0 (0%) | $0 (0%) | $162,843,000 (742.83%) | $19,321,000 (14.16%) |
Investments Non-Current | $78,862,000 (7.65%) | $73,261,000 (-61.23%) | $188,964,000 (0%) | $0 (0%) |
Inventory | $40,694,000 (-29.02%) | $57,333,000 (191.67%) | $19,657,000 (-2.06%) | $20,070,000 (49.75%) |
Trade & Non-Trade Receivables | $298,493,000 (22.87%) | $242,926,000 (-34.99%) | $373,651,000 (13.72%) | $328,584,000 (67.58%) |
Trade & Non-Trade Payables | $425,410,000 (11.84%) | $380,370,000 (-20.99%) | $481,444,000 (9.26%) | $440,658,000 (48.04%) |
Accumulated Retained Earnings (Deficit) | -$1,288,981,000 (-2.01%) | -$1,263,568,000 (-26.15%) | -$1,001,650,000 (55.55%) | -$2,253,624,000 (33.72%) |
Tax Assets | $197,714,000 (8.60%) | $182,051,000 (45.02%) | $125,533,000 (-66.52%) | $374,993,000 (-22.60%) |
Tax Liabilities | $478,511,000 (-29.60%) | $679,715,000 (-17.01%) | $819,038,000 (123.77%) | $366,021,000 (36.16%) |
Total Debt | $1,018,447,000 (7.54%) | $947,016,000 (-20.33%) | $1,188,703,000 (-37.82%) | $1,911,565,000 (-11.07%) |
Debt Current | $0 (0%) | $0 (0%) | $55,845,000 (-79.24%) | $268,973,000 (105.45%) |
Debt Non-Current | $1,018,447,000 (7.54%) | $947,016,000 (-16.40%) | $1,132,858,000 (-31.03%) | $1,642,592,000 (-18.63%) |
Total Liabilities | $3,304,587,000 (3.13%) | $3,204,173,000 (-10.75%) | $3,590,000,000 (-6.49%) | $3,839,178,000 (20.59%) |
Liabilities Current | $610,590,000 (-12.28%) | $696,074,000 (-21.97%) | $892,045,000 (19.45%) | $746,813,000 (72.42%) |
Liabilities Non-Current | $2,693,997,000 (7.41%) | $2,508,099,000 (-7.04%) | $2,697,955,000 (-12.75%) | $3,092,365,000 (12.42%) |
VET Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,896,300,000 (-5.56%) | $2,007,861,000 (-41.21%) | $3,415,211,000 (67.35%) | $2,040,730,000 (78.88%) |
Cost of Revenue | $759,689,000 (-2.51%) | $779,237,000 (-4.13%) | $812,764,000 (27.54%) | $637,265,000 (3.99%) |
Selling General & Administrative Expense | $99,503,000 (23.28%) | $80,716,000 (39.94%) | $57,677,000 (9.08%) | $52,877,000 (-13.09%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $900,315,000 (-53.37%) | $1,930,792,000 (261.48%) | $534,128,000 (186.94%) | -$614,359,000 (-125.61%) |
Interest Expense | $84,606,000 (-0.71%) | $85,212,000 (2.84%) | $82,858,000 (13.39%) | $73,075,000 (-2.67%) |
Income Tax Expense | $40,153,000 (198.67%) | -$40,695,000 (-105.51%) | $738,037,000 (216.49%) | $233,197,000 (164.78%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$46,739,000 (80.33%) | -$237,587,000 (-118.09%) | $1,313,062,000 (14.31%) | $1,148,696,000 (175.70%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$46,739,000 (80.33%) | -$237,587,000 (-118.09%) | $1,313,062,000 (14.31%) | $1,148,696,000 (175.70%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$46,739,000 (80.33%) | -$237,587,000 (-118.09%) | $1,313,062,000 (14.31%) | $1,148,696,000 (175.70%) |
Weighted Average Shares | $158,068,000 (-3.45%) | $163,719,000 (0.14%) | $163,489,000 (1.44%) | $161,172,000 (2.07%) |
Weighted Average Shares Diluted | $158,068,000 (-3.45%) | $163,719,000 (-2.79%) | $168,426,000 (2.22%) | $164,765,000 (4.34%) |
Earning Before Interest & Taxes (EBIT) | $78,020,000 (140.41%) | -$193,070,000 (-109.05%) | $2,133,957,000 (46.67%) | $1,454,968,000 (180.73%) |
Gross Profit | $1,136,611,000 (-7.49%) | $1,228,624,000 (-52.79%) | $2,602,447,000 (85.43%) | $1,403,465,000 (165.79%) |
Operating Income | $236,296,000 (133.65%) | -$702,168,000 (-133.95%) | $2,068,319,000 (2.50%) | $2,017,824,000 (207.87%) |
VET Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$634,868,000 (-10.14%) | -$576,435,000 (45.58%) | -$1,059,292,000 (-125.53%) | -$469,700,000 (-17.01%) |
Net Cash Flow from Financing | -$344,084,000 (-7.41%) | -$320,336,000 (57.20%) | -$748,369,000 (-105.91%) | -$363,446,000 (-201.36%) |
Net Cash Flow from Operations | $967,751,000 (-5.54%) | $1,024,528,000 (-43.53%) | $1,814,220,000 (117.41%) | $834,453,000 (66.84%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$9,726,000 (-107.62%) | $127,620,000 (1534.48%) | $7,808,000 (991.32%) | -$876,000 (96.04%) |
Net Cash Flow - Business Acquisitions and Disposals | -$12,728,000 (-123.26%) | $54,726,000 (110.72%) | -$510,309,000 (-287.69%) | -$131,628,000 (-409.99%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$9,373,000 (56.61%) | -$21,603,000 (7.21%) | -$23,282,000 (0%) | $0 (0%) |
Capital Expenditure | -$622,980,000 (-5.56%) | -$590,191,000 (-6.95%) | -$551,817,000 (-47.23%) | -$374,796,000 (-2.07%) |
Issuance (Repayment) of Debt Securities | -$133,100,000 (18.55%) | -$163,418,000 (74.62%) | -$643,999,000 (-77.19%) | -$363,446,000 (-12585.72%) |
Issuance (Purchase) of Equity Shares | -$140,707,000 (-48.37%) | -$94,838,000 (-32.35%) | -$71,659,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$73,033,000 (-17.64%) | -$62,080,000 (-89.78%) | -$32,711,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $15,569,000 (-63.59%) | $42,756,000 (-3.68%) | $44,390,000 (6.80%) | $41,565,000 (-3.13%) |
Depreciation Amortization & Accretion | $757,781,000 (-4.18%) | $790,806,000 (24.48%) | $635,304,000 (3.26%) | $615,240,000 (-0.09%) |
VET Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 59.90% (-2.12%) | 61.20% (-19.69%) | 76.20% (10.76%) | 68.80% (48.60%) |
Profit Margin | -2.50% (78.81%) | -11.80% (-130.73%) | 38.40% (-31.79%) | 56.30% (142.33%) |
EBITDA Margin | 44.10% (47.99%) | 29.80% (-63.26%) | 81.10% (-20.02%) | 101.40% (197.50%) |
Return on Average Equity (ROAE) | -1.60% (75.76%) | -6.60% (-114.19%) | 46.50% (-28.46%) | 65.00% (143.77%) |
Return on Average Assets (ROAA) | -0.80% (76.47%) | -3.40% (-116.92%) | 20.10% (-4.74%) | 21.10% (158.94%) |
Return on Sales (ROS) | 4.10% (142.71%) | -9.60% (-115.36%) | 62.50% (-12.34%) | 71.30% (145.13%) |
Return on Invested Capital (ROIC) | 1.20% (144.44%) | -2.70% (-109.25%) | 29.20% (39.05%) | 21.00% (170.71%) |
Dividend Yield | 3.80% (52.00%) | 2.50% (108.33%) | 1.20% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -45.12 (-307.88%) | -11.06 (-466.29%) | 3.02 (33.63%) | 2.26 (483.05%) |
Price to Sales Ratio (P/S) | 1.13 (-13.76%) | 1.31 (12.66%) | 1.16 (-8.80%) | 1.27 (62.17%) |
Price to Book Ratio (P/B) | 0.78 (-9.82%) | 0.87 (-26.49%) | 1.18 (-6.73%) | 1.26 (31.84%) |
Debt to Equity Ratio (D/E) | 1.18 (11.26%) | 1.06 (0.09%) | 1.06 (-43.16%) | 1.86 (-45.99%) |
Earnings Per Share (EPS) | -0.3 (79.31%) | -1.45 (-118.06%) | 8.03 (12.62%) | 7.13 (174.19%) |
Sales Per Share (SPS) | 8.33 (-9.65%) | 9.22 (-39.53%) | 15.25 (54.14%) | 9.89 (74.59%) |
Free Cash Flow Per Share (FCFPS) | 2.18 (-17.79%) | 2.65 (-65.64%) | 7.72 (170.76%) | 2.85 (238.72%) |
Book Value Per Share (BVPS) | 17.78 (-3.96%) | 18.52 (-10.99%) | 20.8 (62.27%) | 12.82 (118.77%) |
Tangible Assets Book Value Per Share (TABVPS) | 38.69 (1.58%) | 38.09 (-10.93%) | 42.76 (16.71%) | 36.64 (40.80%) |
Enterprise Value Over EBIT (EV/EBIT) | 39 (305.26%) | -19 (-733.33%) | 3 (-25.00%) | 4 (300.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 3.67 (-39.05%) | 6.02 (183.61%) | 2.12 (-14.19%) | 2.47 (195.34%) |
Asset Turnover | 0.31 (6.60%) | 0.29 (-45.04%) | 0.52 (39.73%) | 0.38 (39.41%) |
Current Ratio | 0.95 (-19.36%) | 1.18 (47.69%) | 0.8 (26.54%) | 0.63 (4.98%) |
Dividends | $0.36 (20.40%) | $0.3 (41.04%) | $0.21 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $344,771,000 (-20.62%) | $434,337,000 (-65.59%) | $1,262,403,000 (174.64%) | $459,657,000 (245.74%) |
Enterprise Value (EV) | $2,129,851,691 (-21.30%) | $2,706,162,325 (-36.93%) | $4,291,001,663 (7.25%) | $4,000,976,634 (65.66%) |
Earnings Before Tax (EBT) | -$6,586,000 (97.63%) | -$278,282,000 (-113.57%) | $2,051,099,000 (48.43%) | $1,381,893,000 (173.61%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $835,801,000 (39.83%) | $597,736,000 (-78.42%) | $2,769,261,000 (33.77%) | $2,070,208,000 (274.47%) |
Invested Capital | $6,391,703,000 (0.73%) | $6,345,307,000 (-12.77%) | $7,273,880,000 (2.97%) | $7,064,047,000 (21.40%) |
Working Capital | -$28,264,000 (-122.18%) | $127,440,000 (171.76%) | -$177,599,000 (35.18%) | -$273,968,000 (-59.16%) |
Tangible Asset Value | $6,115,576,000 (-1.93%) | $6,235,821,000 (-10.80%) | $6,991,058,000 (18.39%) | $5,905,323,000 (43.71%) |
Market Capitalization | $1,525,348,067 (-22.72%) | $1,973,811,960 (-32.51%) | $2,924,429,400 (43.40%) | $2,039,391,150 (193.23%) |
Average Equity | $2,875,611,250 (-20.60%) | $3,621,672,750 (28.19%) | $2,825,250,000 (59.76%) | $1,768,479,250 (73.06%) |
Average Assets | $6,176,788,250 (-11.32%) | $6,965,534,750 (6.83%) | $6,520,081,250 (19.70%) | $5,447,243,250 (28.40%) |
Invested Capital Average | $6,324,464,000 (-10.04%) | $7,030,113,250 (-3.70%) | $7,300,177,750 (5.24%) | $6,936,817,500 (14.37%) |
Shares | 162,271,071 (-0.85%) | 163,666,000 (-0.94%) | 165,222,000 (2.00%) | 161,985,000 (3.64%) |
