What is Berry Corporation's earnings per share (EPS)?

Berry Corporation (BRY) reported diluted earnings per share of $0.25 for fiscal year 2024. This represents a -47.9% 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.

Berry Corporation Financials

BRY

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2025 Currency USD FYE December

This page shows Berry Corporation (BRY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 BRY FY2024 2026-04-22

Heavy noncash charges make earnings look thin, but operating cash flow shows the asset base still throws off cash.

In FY2024, operating cash flow reached $210.2M while net income was only $19.3M, a gap largely explained by very large depreciation and amortization, so accounting profit understates what the installed asset base still generates. Because investing outflows still absorbed $105.6M and year-end cash was just $15.3M, that cash production supports the business in real time rather than piling up on the balance sheet.

Across the last two years, revenue slipped to $783.8M while the asset base stayed near $1.5B, so the company is generating less sales from roughly the same infrastructure. That weaker asset utilization helps explain why return on assets fell to 1.3%; the business has not materially shrunk, it is simply earning less from similar capital.

Liquidity looks tighter than headline leverage: year-end cash was $15.3M against $384.6M of long-term debt. With the current ratio below 1.0x for four straight years, routine operations and collections need to keep converting activity into cash instead of relying on excess working capital.

Financial Health Signals

Financial health score pending refresh

We are recalculating Berry Corporation's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

5/8

Berry Corporation passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

10.92x

For every $1 of reported earnings, Berry Corporation generates $10.92 in operating cash flow ($210.2M OCF vs $19.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$783.8M

YoY-9.2%

5Y CAGR+7.0%

Berry Corporation generated $783.8M in revenue in fiscal year 2024. This represents a decrease of 9.2% from the prior year.

EBITDA

N/A

Net Income

$19.3M

YoY-48.5%

5Y CAGR-15.1%

Berry Corporation reported $19.3M in net income in fiscal year 2024. This represents a decrease of 48.5% from the prior year.

EPS (Diluted)

$0.25

YoY-47.9%

5Y CAGR-14.0%

Berry Corporation earned $0.25 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 47.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$15.3M

YoY+217.2%

Berry Corporation held $15.3M in cash against $384.6M in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.58

YoY-40.2%

5Y CAGR+3.9%

Berry Corporation paid $0.58 per share in dividends in fiscal year 2024. This represents a decrease of 40.2% from the prior year.

Shares Outstanding

77M

YoY+1.7%

5Y CAGR-0.7%

Berry Corporation had 77M shares outstanding in fiscal year 2024. This represents an increase of 1.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

2.5%

YoY-1.9pp

5Y CAGR-5.3pp

Berry Corporation's net profit margin was 2.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.9 percentage points from the prior year.

Return on Equity

2.6%

YoY-2.3pp

5Y CAGR-1.8pp

Berry Corporation's ROE was 2.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Berry Corporation spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

BRY Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$783.8M-9.2%	$863.5M-18.2%	$1.1B+50.5%	$701.3M+33.9%	$523.8M-6.4%	$559.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$76.6M-20.1%	$95.9M-0.6%	$96.4M+31.9%	$73.1M-5.9%	$77.7M+24.0%	$62.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$39.0M+10.2%	$35.4M+14.5%	$30.9M-3.3%	$32.0M-6.8%	$34.3M+0.2%	$34.2M
Income Tax	$8.8M-51.0%	$18.0M+142.5%	-$42.4M-3103.3%	$1.4M+119.6%	-$7.2M+80.3%	-$36.5M
Net Income	$19.3M-48.5%	$37.4M-85.1%	$250.2M+1709.6%	-$15.5M+94.1%	-$262.9M-703.8%	$43.5M
EPS (Diluted)	$0.25-47.9%	$0.48-84.2%	$3.03+1694.7%	$-0.19+94.2%	$-3.29-720.8%	$0.53

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$155.8M+1.4%	$153.7M-13.3%	$177.2M-4.1%	$184.8M-0.8%	$186.3M-9.3%	$205.5M-0.9%	$207.3M-4.2%	$216.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20.2M-0.1%	$20.3M-0.2%	$20.3M+10.4%	$18.4M-3.8%	$19.1M+1.2%	$18.9M-6.7%	$20.2M-2.4%	$20.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$16.4M+5.9%	$15.5M+2.2%	$15.2M+39.7%	$10.9M+20.8%	$9.0M-10.6%	$10.1M+10.0%	$9.1M-5.6%	$9.7M
Income Tax	-$9.5M-171.9%	$13.2M+134.1%	-$38.7M-2484.3%	$1.6M-93.4%	$24.4M+834.6%	-$3.3M+76.1%	-$13.9M-154.2%	$25.7M
Net Income	-$26.0M-177.4%	$33.6M+134.8%	-$96.7M-5396.3%	-$1.8M-102.5%	$69.9M+896.7%	-$8.8M+78.1%	-$40.1M-164.1%	$62.6M
EPS (Diluted)	$-0.34-179.1%	$0.43+134.4%	$-1.25	N/A	$0.91+927.3%	$-0.11+79.2%	$-0.53	N/A

BRY Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$1.5B-4.8%	$1.6B-2.3%	$1.6B+12.0%	$1.5B+2.6%	$1.4B-16.0%	$1.7B
Current Assets	$149.6M+6.3%	$140.8M-35.4%	$218.1M+47.8%	$147.5M-4.5%	$154.5M+53.8%	$100.4M
Cash & Equivalents	$15.3M+217.2%	$4.8M-89.5%	$46.3M+202.6%	$15.3M-81.0%	$80.6M	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$77.6M-10.7%	$86.9M-14.5%	$101.7M+17.9%	$86.3M+65.8%	$52.0M-27.6%	$71.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$787.0M-5.9%	$836.2M+0.7%	$830.5M+8.7%	$763.8M+8.2%	$705.8M-1.7%	$717.8M
Current Liabilities	$187.9M-15.8%	$223.2M-4.7%	$234.2M+25.1%	$187.1M+6.8%	$175.3M+11.9%	$156.6M
Long-Term Debt	$384.6M-10.1%	$428.0M+8.2%	$395.7M+0.3%	$394.6M+0.3%	$393.5M-0.2%	$394.3M
Total Equity	$730.6M-3.6%	$758.0M-5.3%	$800.5M+15.6%	$692.6M-3.0%	$714.0M-26.6%	$972.4M
Retained Earnings	$56.4M+7.4%	$52.5M-36.5%	$82.7M+149.4%	-$167.5M-10.2%	-$151.9M-226.1%	$120.5M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$1.4B-2.9%	$1.4B+1.7%	$1.4B-7.5%	$1.5B0.0%	$1.5B-1.0%	$1.5B-2.7%	$1.6B-1.2%	$1.6B
Current Assets	$143.8M-9.0%	$158.0M-1.9%	$161.1M+7.7%	$149.6M+9.3%	$136.9M+7.4%	$127.5M-8.5%	$139.4M-1.0%	$140.8M
Cash & Equivalents	$13.4M-32.3%	$19.7M-49.4%	$39.0M+154.3%	$15.3M+61.9%	$9.5M+41.6%	$6.7M+93.5%	$3.5M-28.5%	$4.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$68.6M-3.2%	$70.8M-5.2%	$74.7M-3.8%	$77.6M+4.1%	$74.5M-9.1%	$82.0M-8.8%	$89.9M+3.5%	$86.9M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$748.0M-2.0%	$763.2M-1.3%	$772.9M-1.8%	$787.0M+0.3%	$784.9M-8.7%	$859.9M-3.0%	$886.7M+6.0%	$836.2M
Current Liabilities	$178.2M-6.7%	$190.9M+4.1%	$183.4M-2.4%	$187.9M+9.4%	$171.7M-16.1%	$204.5M-11.2%	$230.4M+3.3%	$223.2M
Long-Term Debt	$354.5M-2.8%	$364.6M-2.6%	$374.5M-2.6%	$384.6M-3.4%	$398.0M-8.2%	$433.7M-3.2%	$448.1M+4.7%	$428.0M
Total Equity	$639.0M-3.9%	$664.9M+5.3%	$631.5M-13.6%	$730.6M-0.2%	$732.2M+8.8%	$673.0M-2.3%	$688.8M-9.1%	$758.0M
Retained Earnings	-$32.7M-387.5%	-$6.7M+83.3%	-$40.3M-171.5%	$56.4M-6.7%	$60.4M+1557.4%	$3.6M-70.6%	$12.4M-76.4%	$52.5M

BRY Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$210.2M+5.8%	$198.7M-45.0%	$360.9M+194.7%	$122.5M-37.7%	$196.5M-18.7%	$241.8M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$105.6M+39.8%	-$175.3M-6.5%	-$164.6M+2.5%	-$168.8M-80.3%	-$93.6M+58.4%	-$225.0M
Financing Cash Flow	-$79.5M-22.6%	-$64.8M+60.8%	-$165.4M-771.8%	-$19.0M+15.1%	-$22.4M+73.9%	-$85.5M
Dividends Paid	$49.0M-37.3%	$78.2M-28.6%	$109.5M+852.9%	$11.5M-41.0%	$19.5M-50.3%	$39.2M
Share Buybacks	$0-100.0%	$10.0M-80.5%	$51.3M+2002.6%	$2.4M	$0	$0

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$55.4M+93.5%	$28.6M-37.6%	$45.9M+10.9%	$41.4M-41.5%	$70.7M-0.3%	$70.9M+159.9%	$27.3M-65.5%	$79.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$47.2M-38.2%	-$34.2M-72.8%	-$19.8M+0.7%	-$19.9M+18.8%	-$24.5M+42.3%	-$42.5M-127.7%	-$18.7M+61.8%	-$48.8M
Financing Cash Flow	-$14.6M-5.9%	-$13.8M+18.5%	-$16.9M-1798.3%	-$889K+98.0%	-$43.4M-72.4%	-$25.2M-152.0%	-$10.0M+76.5%	-$42.6M
Dividends Paid	$2.3M+0.3%	$2.3M-37.7%	$3.7M+62.0%	$2.3M-82.4%	$13.1M+41.7%	$9.2M-62.2%	$24.4M+53.4%	$15.9M
Share Buybacks	N/A	N/A	N/A	$0	$0	N/A	N/A	$0

BRY Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	2.5%-1.9pp	4.3%-19.4pp	23.7%+25.9pp	-2.2%+48.0pp	-50.2%-58.0pp	7.8%
Return on Equity	2.6%-2.3pp	4.9%-26.3pp	31.3%+33.5pp	-2.2%+34.6pp	-36.8%-41.3pp	4.5%
Return on Assets	1.3%-1.1pp	2.4%-13.0pp	15.3%+16.4pp	-1.1%+17.5pp	-18.5%-21.1pp	2.6%
Current Ratio	0.80+0.2	0.63-0.3	0.93+0.1	0.79-0.1	0.88+0.2	0.64
Debt-to-Equity	0.53-0.0	0.56+0.1	0.49-0.1	0.57+0.0	0.55+0.1	0.41
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-16.7%-38.6pp	21.9%+76.4pp	-54.6%-53.6pp	-0.9%-38.5pp	37.5%+41.8pp	-4.3%+15.1pp	-19.3%-48.2pp	28.9%
Return on Equity	-4.1%-9.1pp	5.1%+20.4pp	-15.3%-15.1pp	-0.2%-9.8pp	9.5%+10.8pp	-1.3%+4.5pp	-5.8%-14.1pp	8.3%
Return on Assets	-1.9%-4.2pp	2.4%+9.2pp	-6.9%-6.8pp	-0.1%-4.7pp	4.6%+5.2pp	-0.6%+2.0pp	-2.5%-6.5pp	3.9%
Current Ratio	0.81-0.0	0.83-0.1	0.88+0.1	0.800.0	0.80+0.2	0.62+0.0	0.60-0.0	0.63
Debt-to-Equity	0.550.0	0.55-0.0	0.59+0.1	0.53-0.0	0.54-0.1	0.640.0	0.65+0.1	0.56
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Berry Corporation's annual revenue?

Berry Corporation (BRY) reported $783.8M in total revenue for fiscal year 2024. This represents a -9.2% 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 Berry Corporation's revenue growing?

Berry Corporation (BRY) revenue declined by 9.2% year-over-year, from $863.5M to $783.8M in fiscal year 2024.

Is Berry Corporation profitable?

Yes, Berry Corporation (BRY) reported a net income of $19.3M in fiscal year 2024, with a net profit margin of 2.5%.

How much debt does Berry Corporation have?

As of fiscal year 2024, Berry Corporation (BRY) had $15.3M in cash and equivalents against $384.6M in long-term debt.

What is Berry Corporation's net profit margin?

Berry Corporation (BRY) had a net profit margin of 2.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Berry Corporation pay dividends?

Yes, Berry Corporation (BRY) paid $0.58 per share in dividends during fiscal year 2024.

What is Berry Corporation's return on equity (ROE)?

Berry Corporation (BRY) has a return on equity of 2.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Berry Corporation's operating cash flow?

Berry Corporation (BRY) generated $210.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Berry Corporation's total assets?

Berry Corporation (BRY) had $1.5B in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Berry Corporation have outstanding?

Berry Corporation (BRY) had 77M shares outstanding as of fiscal year 2024.

What is Berry Corporation's current ratio?

Berry Corporation (BRY) had a current ratio of 0.80 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Berry Corporation's debt-to-equity ratio?

Berry Corporation (BRY) had a debt-to-equity ratio of 0.53 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Berry Corporation's return on assets (ROA)?

Berry Corporation (BRY) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Berry Corporation's Piotroski F-Score?

Berry Corporation (BRY) has a Piotroski F-Score of 5 out of 8 computable signals; 1 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 Berry Corporation's earnings high quality?

Berry Corporation (BRY) has an earnings quality ratio of 10.92x, considered cash-backed (high quality). 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.