What is Barnwell Industries, Inc.'s earnings per share (EPS)?

Barnwell Industries, Inc. (BRN) reported diluted earnings per share of -$0.71 for fiscal year 2025. This represents a -26.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Barnwell Industries, Inc. (BRN) Financials

BRN

FY2025 annual

Revenue $13.7M -24.2% YoY

Net Income -$7.1M -27.6% YoY

EPS (Diluted) -$0.71 -26.8% YoY

Free Cash Flow -$2.0M -520.5% YoY

Market Cap $15.0M as of Sep 12, 2026

Price / Sales 1.3x on $11.7M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.7x on $8.9M equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jun 30, 2026 Reported Aug 11, 2026 Currency USD FYE September

Newest figures come from the 10-Q for Q3 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BRN SEC filings page.

Barnwell Industries, Inc. (BRN) reported $13.7M in revenue for fiscal year 2025, down 24.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BRN FY2025 2026-08-29

Shrinking operating scale is colliding with rising leverage, leaving accounting losses and operating cash flow increasingly aligned.

Revenue fell from $28.5M to $13.7M between FY2022 and FY2025, shrinking the scale available to absorb overhead. Net margin moved from 19.3% to -51.9%, showing that reduced scale coincided with a collapse in earnings conversion rather than a mere top-line slowdown.

The cash picture is not simply an earnings issue: FY2025 operating cash flow was -$1.8M while free cash flow was -$2.0M. Capital expenditure was only $254K, so the shortfall primarily reflects weak operations rather than an unusually heavy reinvestment cycle.

Assets contracted from $35.4M in FY2023 to $20.8M in FY2025. Debt-to-equity reached 2.0x in FY2025, even as reported liquidity equaled 19.5 months of the latest annual operating outflow; that is a balance snapshot alongside a more leveraged structure, not evidence that operating performance recovered.

Financial Health Signals

Financial Health Score 26/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Barnwell Industries, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Barnwell Industries, Inc. has an operating margin of 0.2%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 40/100, indicating healthy but not exceptional operating efficiency. This is down from 1.7% the prior year.

Growth

Barnwell Industries, Inc.'s revenue declined 24.2% year-over-year, from $18.1M to $13.7M. This contraction results in a growth score of 1/100.

Leverage

Barnwell Industries, Inc. has a moderate D/E ratio of 1.97. This balance of debt and equity financing earns a leverage score of 32/100.

Liquidity

Barnwell Industries, Inc.'s current ratio of 1.11 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Barnwell Industries, Inc.'s operations used $1.8M of cash, and capex of $254K added to the outflow, for a free cash flow shortfall of $2.0M. This results in a cash flow score of 13/100.

Returns

Barnwell Industries, Inc. posts a -101.4% return on equity (ROE), meaning it loses $101 for every $100 of shareholders' equity. This results in a returns score of 33/100. This is down from -42.7% the prior year.

Altman Z-Score Distress

0.91

Barnwell Industries, Inc. scores 0.91, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($15.0M) relative to total liabilities ($13.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

2/7

Barnwell Industries, Inc. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Barnwell Industries, Inc. reported a net loss of $7.1M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage Adequate

4.29x

Barnwell Industries, Inc. earns $4.29 in operating income for every $1 of interest expense ($30K vs $7K). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.4M

YoY+5.9%

QoQ+33.3%

5Y CAGR-8.0%

10Y CAGR-8.8%

Barnwell Industries, Inc. generated $3.4M in revenue in Q3 2026. This represents an increase of 5.9% from the same quarter a year earlier. Against the prior quarter it is up 33.3%.

EBITDA

$1.3M

YoY+48.3%

QoQ+103.2%

5Y CAGR-10.9%

10Y CAGR+0.5%

Barnwell Industries, Inc.'s EBITDA was $1.3M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 48.3% from the same quarter a year earlier. Against the prior quarter it is up 103.2%.

Net Income

-$440K

YoY+71.6%

QoQ+61.7%

Barnwell Industries, Inc. reported -$440K in net income in Q3 2026. This represents an increase of 71.6% from the same quarter a year earlier. Against the prior quarter it is up 61.7%.

EPS (Diluted)

-$0.03

YoY+80.0%

QoQ+66.7%

Barnwell Industries, Inc. earned -$0.03 per diluted share (EPS) in Q3 2026. This represents an increase of 80.0% from the same quarter a year earlier. Against the prior quarter it is up 66.7%.

Cash & Balance Sheet

Cash & Debt

$4.5M

YoY+287.1%

QoQ+11.2%

5Y CAGR-14.0%

10Y CAGR-12.7%

Barnwell Industries, Inc. held $4.5M in cash as of Q3 2026; long-term debt is not reported for that period.

Shares Outstanding

14M

YoY+43.3%

QoQ+0.3%

5Y CAGR+8.9%

10Y CAGR+5.7%

Barnwell Industries, Inc. had 14M shares outstanding in Q3 2026. This represents an increase of 43.3% from the same quarter a year earlier. Against the prior quarter it is up 0.3%.

Free Cash Flow

Not reported for Q3 2026.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Operating Margin

23.2%

YoY+21.5pp

QoQ+19.5pp

5Y change-18.5pp

10Y change+13.6pp

Barnwell Industries, Inc.'s operating margin was 23.2% in Q3 2026, reflecting core business profitability. This is up 21.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 19.5 percentage points.

Net Margin

-13.0%

YoY+35.5pp

QoQ+32.3pp

5Y change-110.4pp

10Y change-22.2pp

Barnwell Industries, Inc.'s net profit margin was -13.0% in Q3 2026, showing the share of revenue converted to profit. This is up 35.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 32.3 percentage points.

Return on Equity

-5.0%

YoY+13.1pp

QoQ+9.2pp

5Y change-107.2pp

Barnwell Industries, Inc.'s ROE was -5.0% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 13.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.2 percentage points.

Gross Margin

Not reported for Q3 2026.

Capital Allocation

None of these metrics is reported for Q3 2026.

BRN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BRN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$11.7M	$13.7M-24.2%	$18.1M-28.5%	$25.3M-11.5%	$28.5M+57.6%	$18.1M-1.3%	$18.3M+51.9%	$12.1M+28.9%	$9.4M-28.1%	$13.0M-4.4%	$13.6M-22.3%	$17.5M-44.2%	$31.4M+27.8%	$24.6M-27.8%	$34.1M-11.4%	$38.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$3.6M+13.0%	$3.2M	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.3M	$6.9M+35.2%	$5.1M-26.3%	$7.0M-13.5%	$8.0M+13.5%	$7.1M+21.8%	$5.8M+5.4%	$5.5M-11.8%	$6.3M-10.2%	$7.0M+4.1%	$6.7M-21.6%	$8.6M+6.5%	$8.0M-9.9%	$8.9M+7.8%	$8.3M-8.4%	$9.0M
Operating Income	$254K	$30K-90.1%	$303K-94.1%	$5.2M-55.5%	$11.6M+83.3%	$6.3M+714.5%	$779K+111.3%	-$6.9M-278.7%	$3.9M-33.9%	$5.8M+978.8%	$542K-94.7%	$10.2M+32.8%	$7.7M+1173.5%	-$716K+76.3%	-$3.0M-125.7%	$11.8M
EBITDA	N/A	$3.2M-39.5%	$5.3M-45.5%	$9.6M-33.2%	$14.4M+97.2%	$7.3M+149.8%	$2.9M+175.4%	-$3.9M-178.0%	$5.0M-29.4%	$7.0M+228.1%	$2.1M-84.2%	$13.6M-3.6%	$14.1M+79.9%	$7.8M-1.8%	$8.0M-63.6%	$21.9M
Interest Expense	N/A	$7K	$0-100.0%	$2K+100.0%	$1K-92.3%	$13K+333.3%	$3K-40.0%	$5K-28.6%	$7K+16.7%	$6K-93.8%	$97K-69.2%	$315K-52.6%	$664K+13.1%	$587K-25.7%	$790K-27.4%	$1.1M
Income Tax	-$24K	$71K-66.7%	$213K+501.9%	-$53K-115.3%	$347K+4.5%	$332K+10966.7%	$3K+101.3%	-$231K+61.6%	-$601K+44.4%	-$1.1M-49.6%	-$722K-159.8%	$1.2M+100.0%	$604K+140.3%	-$1.5M-36.5%	-$1.1M-173.1%	$1.5M
Net Income	-$5.4M	-$7.1M-27.6%	-$5.6M-479.1%	-$961K-117.4%	$5.5M-11.8%	$6.3M+231.5%	-$4.8M+61.7%	-$12.4M-601.4%	-$1.8M-251.2%	$1.2M+132.4%	-$3.6M-386.2%	$1.3M+87.9%	$672K+107.7%	-$8.7M+20.9%	-$11.0M-5447.3%	$205K
EPS (Basic)	N/A	-$0.71-26.8%	-$0.56-460.0%	-$0.10-117.5%	$0.57-21.9%	$0.73+228.1%	-$0.57+62.0%	-$1.50-614.3%	-$0.21-250.0%	$0.14+131.8%	-$0.44-393.3%	$0.15+87.5%	$0.08+107.8%	-$1.03+15.6%	-$1.22-12100.0%	-$0.01
EPS (Diluted)	-$0.49	-$0.71-26.8%	-$0.56-460.0%	-$0.10-117.5%	$0.57-21.9%	$0.73+228.1%	-$0.57+62.0%	-$1.50-614.3%	-$0.21-250.0%	$0.14+131.8%	-$0.44-393.3%	$0.15+87.5%	$0.08+107.8%	-$1.03+15.6%	-$1.22-12100.0%	-$0.01
Diluted Shares (Avg)	N/A	10M+0.4%	10M+0.5%	10M+2.4%	10M+13.3%	9M+3.8%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M0.0%	8M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$3.4M+5.9%	$2.5M-29.0%	$2.7M-30.2%	$3.0M+9.7%	$3.2M-29.2%	$3.6M-23.7%	$3.9M-36.1%	$2.7M-60.0%
SG&A Expenses	$1.4M-24.6%	$1.5M-29.6%	$1.6M+39.0%	$1.7M+49.4%	$1.9M+43.4%	$2.2M+72.1%	$1.2M-17.2%	$1.2M-12.2%
Operating Income	$783K+1405.8%	$93K-88.0%	$68K+164.8%	-$690K-1871.4%	$52K-85.5%	$773K+212.2%	-$105K-115.7%	-$35K-102.9%
EBITDA	$1.3M+48.3%	$654K-57.2%	$660K-17.4%	-$46K-106.0%	$896K-45.8%	$1.5M+133.8%	$799K-63.3%	$768K-72.5%
Interest Expense	$1K-75.0%	$0-100.0%	N/A	$2K+200.0%	$4K	$1K	$0-100.0%	-$2K-300.0%
Income Tax	$108K+417.6%	$6K-96.3%	-$74K-1157.1%	-$64K-346.2%	-$34K-261.9%	$162K+62.0%	$7K-89.4%	$26K-23.5%
Net Income	-$440K+71.6%	-$1.1M+4.7%	-$1.4M+25.6%	-$2.4M-29.0%	-$1.6M-24.4%	-$1.2M+31.9%	-$1.9M-188.7%	-$1.9M-1861.5%
EPS (Basic)	-$0.03+80.0%	-$0.09+25.0%	-$0.13+31.6%	-$0.24-26.3%	-$0.15-25.0%	-$0.12+33.3%	-$0.19-171.4%	-$0.19-1800.0%
EPS (Diluted)	-$0.03+80.0%	-$0.09+25.0%	-$0.13+31.6%	-$0.24-26.3%	-$0.15-25.0%	-$0.12+33.3%	-$0.19-171.4%	-$0.19-1800.0%
Diluted Shares (Avg)	14M+42.4%	13M+26.0%	11M+10.2%	N/A	10M+0.3%	10M+0.3%	10M+0.5%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

BRN Balance Sheet

BRN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$20.8M-32.1%	$30.7M-13.4%	$35.4M-4.8%	$37.2M+52.3%	$24.4M+60.9%	$15.2M-17.0%	$18.3M-41.7%	$31.4M-5.0%	$33.0M+4.6%	$31.6M-24.0%	$41.6M-24.1%	$54.8M-12.7%	$62.7M-10.3%	$69.9M-21.3%	$88.8M
Current Assets	$5.2M-41.1%	$8.9M-2.2%	$9.1M-54.8%	$20.1M+11.4%	$18.0M+90.1%	$9.5M+9.0%	$8.7M-28.0%	$12.1M-51.9%	$25.1M+19.1%	$21.1M-17.8%	$25.7M-3.2%	$26.5M+39.4%	$19.0M+0.8%	$18.9M-36.0%	$29.5M
Cash & Equivalents	$2.9M-32.6%	$4.3M+51.4%	$2.8M-77.9%	$12.8M+13.5%	$11.3M+146.1%	$4.6M-0.6%	$4.6M-22.7%	$6.0M-63.4%	$16.3M+4.7%	$15.6M+83.6%	$8.5M-47.4%	$16.1M+105.7%	$7.8M-11.5%	$8.8M-10.1%	$9.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$1.0M-13.0%	$1.2M0.0%	$1.2M+4.7%	$1.1M	$0	$0	$0
Accounts Receivable	$913K-38.0%	$1.5M-37.2%	$2.3M-42.0%	$4.0M+44.4%	$2.8M+57.8%	$1.8M+34.0%	$1.3M-25.4%	$1.8M	N/A	N/A	N/A	N/A	$3.3M-8.7%	$3.6M-37.5%	$5.8M
Long-Term Investments	$0	$0	$0	$0	$0-100.0%	$901K-8.1%	$980K-39.1%	$1.6M-27.2%	$2.2M-37.8%	$3.6M-43.5%	$6.3M+6.6%	$5.9M+147.8%	$2.4M0.0%	$2.4M-48.5%	$4.6M
Total Liabilities	$13.8M-21.7%	$17.6M+5.7%	$16.7M-7.7%	$18.1M+20.9%	$14.9M-12.9%	$17.1M+1.0%	$17.0M+12.1%	$15.1M+2.0%	$14.8M-16.8%	$17.8M-20.0%	$22.3M-36.0%	$34.8M-13.8%	$40.4M+1.6%	$39.8M-20.6%	$50.1M
Current Liabilities	$4.7M-39.5%	$7.8M+18.4%	$6.6M-26.1%	$8.9M+51.3%	$5.9M-7.3%	$6.4M+33.5%	$4.8M+31.4%	$3.6M-24.4%	$4.8M+1.3%	$4.7M-52.7%	$10.0M-31.1%	$14.5M-11.7%	$16.4M+14.9%	$14.3M-40.6%	$24.1M
Non-Current Liabilities	$9.1M-7.5%	$9.8M-2.7%	$10.1M+10.3%	$9.1M+1.1%	$9.0M-16.2%	$10.8M-11.7%	$12.2M+6.0%	$11.5M+14.7%	$10.0M-23.3%	$13.1M+6.5%	$12.3M-39.5%	$20.3M-15.2%	$23.9M-5.9%	$25.4M-2.0%	$26.0M
Long-Term Debt	N/A	N/A	$0-100.0%	$44K-6.4%	$47K-19.0%	$58K	$0	N/A	N/A	N/A	$0-100.0%	$6.7M-41.7%	$11.4M0.0%	$11.4M0.0%	$11.4M
Total Equity	$7.0M-46.3%	$13.0M-30.4%	$18.7M-2.1%	$19.1M+101.5%	$9.5M+564.5%	-$2.0M-266.4%	$1.2M-92.3%	$16.0M-7.1%	$17.3M+30.6%	$13.2M-29.0%	$18.6M-3.0%	$19.2M-11.7%	$21.7M-26.6%	$29.6M-21.5%	$37.7M
Retained Earnings	-$6.5M-1193.8%	$595K-90.3%	$6.2M-20.2%	$7.7M+227.7%	$2.4M+160.5%	-$3.9M-553.7%	$859K-93.5%	$13.3M-11.8%	$15.0M+8.5%	$13.9M-20.7%	$17.5M+7.8%	$16.2M+4.3%	$15.5M-35.5%	$24.1M-29.6%	$34.2M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$21.5M-9.5%	$21.5M-11.6%	$21.5M-17.5%	$20.8M-32.1%	$23.8M-24.3%	$24.4M-25.6%	$26.0M-25.7%	$30.7M-13.4%
Current Assets	$6.5M+57.5%	$6.4M+33.9%	$5.8M-2.5%	$5.2M-41.1%	$4.1M-57.9%	$4.8M-50.3%	$6.0M-34.5%	$8.9M-2.2%
Cash & Equivalents	$4.5M+287.1%	$4.0M+180.4%	$3.6M+85.1%	$2.9M-32.6%	$1.2M-73.7%	$1.4M-61.1%	$2.0M-39.3%	$4.3M+51.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$1.0M-10.6%	$1.1M-15.2%	$908K-53.0%	$913K-38.0%	$1.1M-61.6%	$1.2M-59.3%	$1.9M-33.5%	$1.5M-37.2%
Long-Term Investments	$391K	$14K	$0	$0	$0	$0	$0	$0
Total Liabilities	$12.6M-17.3%	$13.4M-5.9%	$13.3M-9.7%	$13.8M-21.7%	$15.2M-7.4%	$14.2M-13.2%	$14.7M-12.7%	$17.6M+5.7%
Current Liabilities	$3.4M-37.2%	$4.3M-12.0%	$4.0M-25.0%	$4.7M-39.5%	$5.4M-16.1%	$4.9M-23.2%	$5.3M-19.7%	$7.8M+18.4%
Non-Current Liabilities	$9.1M-6.2%	$9.1M-2.7%	$9.3M-1.0%	$9.1M-7.5%	$9.7M-1.7%	$9.4M-7.0%	$9.4M-8.1%	$9.8M-2.7%
Total Equity	$8.9M+3.6%	$8.1M-19.8%	$8.2M-27.7%	$7.0M-46.3%	$8.6M-42.8%	$10.1M-38.1%	$11.3M-37.8%	$13.0M-30.4%
Retained Earnings	-$9.5M-133.5%	-$9.1M-259.2%	-$7.9M-500.2%	-$6.5M-1193.8%	-$4.1M-264.6%	-$2.5M-167.9%	-$1.3M-124.1%	$595K-90.3%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

BRN Cash Flow Statement

BRN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$3.7M	-$1.8M-137.6%	$4.7M+142.4%	$1.9M-73.4%	$7.3M+777.4%	$831K+10.8%	$750K+135.2%	-$2.1M+58.1%	-$5.1M-140.3%	-$2.1M-219.7%	$1.8M+124.8%	-$7.1M-228.1%	$5.6M+74.5%	$3.2M-72.2%	$11.5M-13.5%	$13.3M
Depreciation & Amortization	N/A	$3.1M-36.4%	$5.0M+11.1%	$4.5M+60.4%	$2.8M+188.5%	$963K-55.1%	$2.1M-29.0%	$3.0M+172.0%	$1.1M-7.6%	$1.2M-25.1%	$1.6M-52.2%	$3.4M-47.4%	$6.4M-25.2%	$8.5M-22.3%	$11.0M+8.5%	$10.1M
Stock-Based Compensation	N/A	$372K+78.8%	$208K-20.9%	$263K-60.0%	$657K+2.2%	$643K	$0+100.0%	-$42K+28.8%	-$59K-493.3%	$15K+168.2%	-$22K+84.3%	-$140K+63.2%	-$380K-420.5%	-$73K+29.1%	-$103K-125.5%	$404K
Capital Expenditures	N/A	$254K-94.0%	$4.2M-66.3%	$12.5M-9.2%	$13.8M+346.6%	$3.1M-12.0%	$3.5M+168.4%	$1.3M+74.5%	$750K-7.1%	$807K-19.0%	$996K-41.8%	$1.7M-52.2%	$3.6M-13.2%	$4.1M-40.1%	$6.9M-55.1%	$15.3M
Free Cash Flow	N/A	-$2.0M-520.5%	$482K+104.5%	-$10.6M-62.7%	-$6.5M-188.2%	-$2.3M+18.2%	-$2.8M+19.7%	-$3.4M+41.1%	-$5.8M-99.6%	-$2.9M-478.0%	$774K+108.8%	-$8.8M-543.7%	$2.0M+314.1%	-$931K-120.3%	$4.6M+323.8%	-$2.0M
Investing Cash Flow	N/A	N/A	-$2.8M+74.7%	-$11.2M-57.2%	-$7.1M-292.9%	$3.7M+542.5%	-$833K-192.0%	$905K+123.3%	-$3.9M-233.4%	$2.9M-69.0%	$9.4M+3.3%	$9.1M0.0%	$9.1M	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	-$226K+71.2%	-$786K-150.4%	$1.6M-28.8%	$2.2M+3553.3%	$60K+154.5%	-$110K+89.7%	-$1.1M-189.2%	-$370K+91.3%	-$4.3M+51.2%	-$8.7M-44.4%	-$6.0M	N/A	N/A	N/A
Dividends Paid	N/A	N/A	$0-100.0%	$599K+302.0%	$149K	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	-$677K-119.1%	-$655K-589.5%	-$1.8M-132.8%	-$610K-269.0%	-$309K-122.9%	-$95K-105.8%	-$759K-155.2%	$361K-79.8%
Depreciation & Amortization	$546K-35.3%	$561K-25.6%	$592K-34.5%	$644K-24.7%	$844K-34.8%	$754K-43.8%	$904K-40.2%	$855K-46.5%
Stock-Based Compensation	$21K	$20K	$94K+36.2%	N/A	$0	$0	$69K+6.2%	N/A
Capital Expenditures	N/A	N/A	$28K-98.9%	N/A	N/A	N/A	$2.5M	N/A
Free Cash Flow	N/A	N/A	-$1.8M+45.4%	N/A	N/A	N/A	-$3.3M	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$1.7M-63.1%	-$1.1M+15.6%
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$0+100.0%	$0+100.0%
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%

Not reported in any period shown, so not listed: Share Buybacks.

BRN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BRN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	0.2%-1.5pp	1.7%-18.8pp	20.5%-20.3pp	40.7%+5.7pp	35.0%+30.8pp	4.3%+61.4pp	-57.2%-98.4pp	41.3%-3.6pp	44.9%+40.9pp	4.0%-54.3pp	58.2%+33.8pp	24.4%+27.4pp	-2.9%+6.0pp	-8.9%-39.5pp	30.6%
Net Margin	-51.9%-21.1pp	-30.8%-27.0pp	-3.8%-23.1pp	19.3%-15.2pp	34.5%+60.4pp	-25.9%	-102.8%	-18.9%-27.9pp	9.0%+35.5pp	-26.5%-33.7pp	7.2%+5.1pp	2.1%+37.4pp	-35.2%-3.1pp	-32.2%-32.7pp	0.5%
Return on Equity	-101.4%-58.7pp	-42.7%-37.5pp	-5.1%-33.9pp	28.8%-37.0pp	65.8%	N/A	-1010.1%-999.0pp	-11.0%-17.8pp	6.8%+34.2pp	-27.4%-34.1pp	6.8%+3.3pp	3.5%+43.4pp	-39.9%-2.9pp	-37.0%-37.5pp	0.5%
Return on Assets	-34.1%-16.0pp	-18.1%-15.4pp	-2.7%-17.5pp	14.8%-10.8pp	25.6%+56.9pp	-31.3%+36.5pp	-67.8%-62.2pp	-5.6%-9.2pp	3.5%+15.0pp	-11.5%-14.5pp	3.0%+1.8pp	1.2%+15.1pp	-13.8%+1.8pp	-15.7%-15.9pp	0.2%
Current Ratio	1.110.0x	1.14-0.2x	1.38-0.9x	2.25-0.8x	3.06+1.6x	1.49-0.3x	1.83-1.5x	3.33-1.9x	5.24+0.8x	4.46+1.9x	2.57+0.7x	1.83+0.7x	1.16-0.2x	1.32+0.1x	1.23
Debt-to-Equity	1.97+0.6x	1.35+1.4x	0.000.0x	0.000.0x	0.00	N/A	0.00-0.9x	0.94+0.1x	0.86-0.5x	1.35+1.3x	0.00-0.3x	0.35-0.2x	0.52+0.1x	0.38+0.1x	0.30
Asset Turnover	0.66+0.1x	0.59-0.1x	0.71-0.1x	0.770.0x	0.74-0.5x	1.21+0.5x	0.66+0.4x	0.30-0.1x	0.390.0x	0.430.0x	0.42-0.2x	0.57+0.2x	0.39-0.1x	0.49+0.1x	0.43
FCF Margin	-14.8%-17.5pp	2.7%+44.6pp	-41.9%-19.1pp	-22.8%-10.3pp	-12.5%+2.6pp	-15.1%+13.4pp	-28.5%+33.8pp	-62.4%-39.9pp	-22.5%-28.1pp	5.7%+56.1pp	-50.4%-56.8pp	6.3%+10.1pp	-3.8%-17.3pp	13.5%+18.8pp	-5.3%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Margin	23.2%+21.5pp	3.7%-18.0pp	2.5%+5.2pp	-23.0%-21.7pp	1.6%-6.3pp	21.7%+36.4pp	-2.7%-13.5pp	-1.3%-18.6pp
Net Margin	-13.0%+35.5pp	-45.4%-11.5pp	-51.9%-3.2pp	-80.9%-12.1pp	-48.6%-20.9pp	-33.8%+4.1pp	-48.7%-37.9pp	-68.8%-67.4pp
Return on Equity	-5.0%+13.1pp	-14.1%-2.2pp	-17.5%-0.5pp	-34.7%-20.2pp	-18.1%-9.8pp	-11.9%-1.1pp	-17.0%-13.3pp	-14.4%-13.9pp
Return on Assets	-2.1%+4.5pp	-5.3%-0.4pp	-6.6%+0.7pp	-11.7%-5.5pp	-6.5%-2.5pp	-5.0%+0.5pp	-7.4%-5.5pp	-6.1%-5.9pp
Current Ratio	1.90+1.1x	1.50+0.5x	1.46+0.3x	1.110.0x	0.76-0.8x	0.99-0.5x	1.12-0.3x	1.14-0.2x
Debt-to-Equity	1.41-0.4x	1.65+0.2x	1.63+0.3x	1.97+0.6x	1.77+0.7x	1.40+0.4x	1.30+0.4x	1.35+1.4x
Asset Turnover	0.160.0x	0.120.0x	0.130.0x	0.14+0.1x	0.130.0x	0.150.0x	0.150.0x	0.09-0.1x
FCF Margin	N/A	N/A	-65.4%+18.2pp	N/A	N/A	N/A	-83.6%	N/A

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Barnwell Industries, Inc. BRN	FY2025	$13.7M	-$7.1M	-51.9%	$15.0M	26/100
Trio Petroleum Corp. TPET	FY2025	$399K	-$7.3M	N/A	$10.0M	—
Mexco Energy Corporation MXC	FY2026	$6.6M	$1.3M	19.9%	$22.2M	58/100
EON Resources Inc. EONR	FY2024	$19.4M	-$8.1M	-41.9%	$29.7M	7/100
Battalion Oil Corporation BATL	FY2025	$166.0M	$11.9M	7.1%	$76.8M	13/100

Where Barnwell Industries, Inc. Ranks

Frequently Asked Questions

What is Barnwell Industries, Inc.'s annual revenue?

Barnwell Industries, Inc. (BRN) reported $13.7M in total revenue for fiscal year 2025. This represents a -24.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Barnwell Industries, Inc.'s revenue growing?

Barnwell Industries, Inc. (BRN) revenue declined by 24.2% year-over-year, from $18.1M to $13.7M in fiscal year 2025.

Is Barnwell Industries, Inc. profitable?

No, Barnwell Industries, Inc. (BRN) reported a net income of -$7.1M in fiscal year 2025, with a net profit margin of -51.9%.

What is Barnwell Industries, Inc.'s EBITDA?

Barnwell Industries, Inc. (BRN) had EBITDA of $3.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Barnwell Industries, Inc.'s operating margin?

Barnwell Industries, Inc. (BRN) had an operating margin of 0.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Barnwell Industries, Inc.'s net profit margin?

Barnwell Industries, Inc. (BRN) had a net profit margin of -51.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Barnwell Industries, Inc.'s return on equity (ROE)?

Barnwell Industries, Inc. (BRN) has a return on equity of -101.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Barnwell Industries, Inc.'s free cash flow?

Barnwell Industries, Inc. (BRN) recorded an outflow of $2.0M in free cash flow during fiscal year 2025. This represents a -520.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Barnwell Industries, Inc.'s operating cash flow?

Barnwell Industries, Inc. (BRN) recorded an outflow of $1.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Barnwell Industries, Inc.'s total assets?

Barnwell Industries, Inc. (BRN) had $20.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Barnwell Industries, Inc.'s capital expenditures?

Barnwell Industries, Inc. (BRN) invested $254K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Barnwell Industries, Inc. have outstanding?

Barnwell Industries, Inc. (BRN) had 13M shares outstanding as of fiscal year 2025.

What is Barnwell Industries, Inc.'s current ratio?

Barnwell Industries, Inc. (BRN) had a current ratio of 1.11 as of fiscal year 2025, which is considered adequate.

What is Barnwell Industries, Inc.'s debt-to-equity ratio?

Barnwell Industries, Inc. (BRN) had a debt-to-equity ratio of 1.97 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Barnwell Industries, Inc.'s return on assets (ROA)?

Barnwell Industries, Inc. (BRN) had a return on assets of -34.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Barnwell Industries, Inc.'s P/E ratio?

Barnwell Industries, Inc. (BRN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $15.0M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Barnwell Industries, Inc.'s price-to-sales ratio?

Barnwell Industries, Inc. (BRN) trades at 1.3x sales, its market capitalization divided by revenue of $11.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $15.0M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Barnwell Industries, Inc.'s liquidity compare with its operating cash outflow?

At the end of fiscal year 2025, Barnwell Industries, Inc. (BRN) held $2.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.8M over that year. Dividing the one by the other, the reported balance equals about 20 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Barnwell Industries, Inc.'s Altman Z-Score?

Barnwell Industries, Inc. (BRN) has an Altman Z-Score of 0.91, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Barnwell Industries, Inc.'s Piotroski F-Score?

Barnwell Industries, Inc. (BRN) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Barnwell Industries, Inc.'s earnings high quality?

Barnwell Industries, Inc. (BRN) reported a net loss of $7.1M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Barnwell Industries, Inc. cover its interest payments?

Barnwell Industries, Inc. (BRN) has an interest coverage ratio of 4.29x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Barnwell Industries, Inc.?

Barnwell Industries, Inc. (BRN) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.