TMD Energy vs Vivakor
TMD Energy is the larger business, with $545m of revenue in fiscal 2026 against $104m for Vivakor (5.2 times as much). Vivakor grew faster (16.3% against -20.8%). TMD Energy kept more of each dollar of sales as profit: a net margin of -3.4% against -105.6%.
| Latest fiscal year | TMD EnergyTMDE, 2026 | VivakorVIVK, 2025 |
|---|---|---|
| Revenue | $545m | $104m |
| Revenue growth | -20.8% | 16.3% |
| Net income | −$18.6m | −$110m |
| Operating margin | — | -61.1% |
| Net margin | -3.4% | -105.6% |
| Return on equity | -182.0% | -137.3% |
| Free cash flow | $7.5m | −$15.8m |
| Cash | $4.0m | $265,019 |
| Total debt | $86.8m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $12.3m | $337,260 |
| Price vs our value range | — | — |
| Moat score | — | 12 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |