BRNNYSECrude Petroleum & Natural GasFiscal year ends September 30
BARNWELL INDUSTRIES INC
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$0.89−0.03 (-2.73%)
Close on Oct 19, 2026
- Market cap
- $12.74M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
0.2%−4.0 pts over 5 years
Net margin
-51.9%−25.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -24.2% | -21.7% | -5.7% | -2.4% | |
| Operating income | -90.1% | -86.3% | -47.9% | -44.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -22.7% | 1165.7% | -70.9% | |
| Return on assets | -9.9% | -28.4% | -27.6% | |
| Current ratio | 4.46 | 1.49 | 1.11 | |
| Debt to equity | – | -0.03 | – | |
| Net debt to EBITDA | – | -1.55× | – | |
| Interest coverage | 5.6× | 259.7× | 4.3× | |
| Capex to revenue | 7.3% | 19.2% | 1.9% | |
| Diluted shares | 8M | 8M | 10M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Barnwell Industries generated $17.17M from operations and spent $34.67M on capital expenditure, dividends and share buybacks. 98% of that went back into the business.
Generated
$17.17M
Used
$34.67M
Capital expenditure$33.92M98%Dividends$748.00K2%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-51.9%
×Asset turnover0.53×
×Equity multiplier2.57×
=Return on equity, FY2025-70.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -51.9% | 0.53× | 2.57× | -70.9% |
| FY2024 | -30.8% | 0.55× | 2.08× | -35.0% |
| FY2023 | -3.8% | 0.70× | 1.92× | -5.1% |
| FY2022 | 19.3% | 0.93× | 2.15× | 38.5% |
| FY2021 | 34.5% | 0.91× | 5.31× | 167.8% |
| FY2020 | -25.9% | 1.10× | -41.03× | 1165.7% |
| FY2019 | -102.8% | 0.49× | 2.88× | -143.9% |
| FY2018 | -18.9% | 0.29× | 1.94× | -10.6% |
| FY2017 | 9.0% | 0.40× | 2.12× | 7.7% |
| FY2016 | -26.5% | 0.37× | 2.30× | -22.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
1of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$7.10M
- Cash generatingOperating cash flow above zero-$1.77M
- Return on assets improvedROA up on the prior year-15.7% → -23.2%
- Earnings backed by cashOperating cash flow above net income-$1.77M vs -$7.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.14 → 1.11
- No dilutionShare count did not rise10M → 10M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.45