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Friday 6 November 2026 Export BRN’s income statement to Excel — free account

Barnwell Industries, Inc.

BRN Energy Oil & Gas E&P

Barnwell Industries, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $13.7 million, down 24.2% from fiscal 2024.

Revenue
+5.86%
EPS
+80.0%
Free cash flow
−11.9%

Quarter to June 2026, against a year earlier

0.85 0.00 0.00%
Market cap
$12.3M
P/E
0.0×
Fwd P/E
0.0×
Dividend yield
—
F-score
2/9
Altman Z
−0.03
Beneish M
−3.54
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.02
Sold, $m 0.36
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — — — — — 2 — —
Sell 1 — — — — — — — — — — —
Insider Ownership 50.68%

Capital & Financial Ratios $m

Size
Market Cap 12.27
Revenue ttm 11.66
Net income ttm (5.36)
Free cash flow ttm (1.66)
Net debt Q (4.47)
Valuation
P/E 0.00
Forward P/E 0.00
Price / sales 1.04
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.36
Financial health
Current ratio Q 1.90 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (614.00)
Growth
Revenue growth Q +5.86% (above 0%: growing)
Operating income growth Q +61.67% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +55.53% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.0×, against a ten-year median of 0.9×; over the ten years it ranged from 0.1× in 2016 to 1.6× in 2018.
P/S against its own 10 years 53.72%
10-year low 10-year high
P/B against its own 10 years 51.31%
10-year low 10-year high
EV/Sales against its own 10 years 59.11%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2022–23
+50.0%/yr
  1. 0.03 ’22
  2. 0.05 ’23 +50
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 4 3 4
Receivables 3 2 2 1
Inventory — — — —
Other 3 1 0 1
9 9 5 6
2023 2024 2025 Q'26
Payables 1 2 2 1
ST’ Debt — — — —
Other 2 1 1 1
7 8 5 3

Compound Annual Growth %

10y 5y 3y
Sales (2.44%) (5.68%) (21.71%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (9.60%) 0.00% (28.44%)

EPS $

Dec Mar Jun Sep Year
’26 (0.13) (0.09) (0.03) — —
’25 (0.19) (0.12) (0.15) (0.24) (0.71)
’24 (0.07) (0.18) (0.12) (0.19) (0.56)
’23 0.11 (0.12) (0.07) (0.01) (0.10)
’22 0.11 0.21 0.25 (0.02) 0.57
’21 0.07 (0.10) 0.59 0.16 0.73
’20 (0.05) (0.18) (0.42) 0.08 (0.57)
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 3 3 3 — —
’25 4 4 3 3 14
’24 6 5 5 3 18
’23 8 5 6 7 25
’22 5 7 8 8 29
’21 4 4 5 5 18
’20 5 5 4 5 18
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 (2) (1) (1) — —
’25 (1) 0 0 (1) (2)
’24 1 2 1 1 5
’23 1 0 (1) 2 2
’22 1 1 4 2 7
’21 0 0 2 (1) 1
’20 (1) 1 1 0 1
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 (2) (1) (1) — —
’25 (3) 0 (1) 2 (2)
’24 0 1 1 0 3
’23 (6) (1) (3) 0 (9)
’22 1 (4) 3 0 (1)
’21 0 (1) 3 0 3
’20 (2) 1 1 0 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 14 13 9 12 18 18 29 25 18 14 12 +0.1% — — — —
Gross margin, % 21.11 51.96 32.93 15.64 32.62 33.14 50.85 36.27 45.51 34.54 28.37 +13.4 pt
EBT (4) 1 (2) (13) (5) 8 7 (1) (4) (7) (5) +7.8%
EBT margin, % (26.32) 9.47 (21.55) (104.75) (25.48) 41.60 22.84 (3.42) (20.24) (51.49) (46.19) (25.2) pt
Net income (3) 2 (1) (12) (5) 7 6 (1) (5) (7) (5) +10.6%
Per share, $
Per share, $ Revenue 1.65 1.57 1.13 1.46 2.22 2.11 2.93 2.53 1.80 1.36 0.81 (2.1%)
Earnings (0.44) 0.14 (0.21) (1.50) (0.57) 0.73 0.57 (0.10) (0.56) (0.71) (0.49) +5.5%
Cash flow 0.21 (0.26) (0.62) (0.26) 0.09 0.10 0.75 0.19 0.53 (0.18) (0.26) n/m
Capex 0.08 0.72 (1.11) (0.04) (0.14) 0.24 (0.81) (1.14) (0.26) (0.03) 0.14 n/m
Free cash flow 0.29 0.47 (1.72) (0.30) (0.05) 0.33 (0.06) (0.95) 0.27 (0.21) (0.12) n/m
Book value 1.66 2.20 1.96 0.16 (0.24) 1.11 1.97 1.88 1.30 0.70 0.62 (9.2%)
Shares, m 8 8 8 8 8 9 10 10 10 10 12 +2.2%
Valuation, ×
Valuation, × P/E 0.00 12.07 0.00 0.00 0.00 4.21 4.79 0.00 0.00 0.00 0.00 2.1
P/S 1.00 1.15 1.58 0.36 0.38 1.44 0.90 1.03 1.25 0.95 1.04 1.0
P/B 0.99 0.82 0.91 3.24 0.00 2.74 1.34 1.38 1.73 1.86 1.36 1.5
EV/Sales 0.35 0.11 1.75 0.66 0.32 1.01 0.57 1.05 1.21 1.00 0.96 0.8
EV/FCF 1.98 0.39 (1.15) (3.18) (15.33) 6.36 (27.20) (2.81) 8.09 (6.43) (6.75) (3.9)
Cash, $m
Cash, $m Operating cash flow 2 (2) (5) (2) 1 1 7 2 5 (2) (4) n/m
Capex 1 6 (9) 0 (1) 2 (8) (11) (3) 0 2 n/m
Free cash flow 2 4 (14) (2) 0 3 (1) (9) 3 (2) (2) n/m
Balance, $m
Balance, $m Working capital 16 20 8 4 3 12 11 2 1 1 3 (32.1%)
Net debt (17) (22) (7) (5) (5) (11) (13) (3) (4) (3) (4) (17.9%)
Shareholders’ equity 14 18 16 1 (2) 10 19 19 13 7 9 (7.2%)
Returns, %
Returns, % ROA (9.89) 3.63 (5.50) (49.98) (28.41) 31.57 17.88 (2.65) (16.84) (27.59) (24.07) (17.7) pt
ROIC 0.00 0.00 (28.11) 0.00 0.00 0.00 36.06 (8.82) (13.20) (80.88) (74.45) (80.9) pt
ROE (21.91) 7.34 (10.28) (141.33) 1,524.36 165.55 38.46 (5.07) (34.98) (70.73) (62.16) (48.8) pt
People
People Employees 34 29 31 43 43 36 35 37 28 18 — (6.8%)
Revenue/emp, $m 0.40 0.45 0.30 0.28 0.43 0.50 0.82 0.68 0.65 0.76 — +7.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Barnwell Industries, Inc. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PROP Prairie Operating Co. $45.9M — (loss-making) — (loss-making) +45.17% (above 0%: growing) n/m −5,603.85% (below 0%: shrinking) 100.00% 45.88% Compare
INDO Indonesia Energy Corporation Limited $36.9M — (loss-making) 12.3× +20.70% (above 0%: growing) −328.57% (below 0%: shrinking) −67.13% (below 0%: shrinking) (20.82%) 0.00% Compare
CKX CKX Lands, Inc. $21.5M 7.4× 54.5× +23.84% (above 0%: growing) −25.00% (below 0%: shrinking) −223.55% (below 0%: shrinking) 98.46% 13.73% Compare
MXC Mexco Energy Corporation $17.9M 11.4× — (loss-making) +12.88% (above 0%: growing) +100.00% (above 0%: growing) −229.32% (below 0%: shrinking) 79.28% 28.61% Compare
PRT PermRock Royalty Trust $16.4M 10.5× 7.5× −54.84% (below 0%: shrinking) n/m — 100.00% (105.30%) Compare
EONR EON Resources Inc. $14.6M — (loss-making) — (loss-making) +40.02% (above 0%: growing) n/m +40.46% (above 0%: growing) 100.00% (19.62%) Compare
BRN Barnwell Industries, Inc. $12.3M — (loss-making) — (loss-making) +5.86% (above 0%: growing) n/m −11.90% (below 0%: shrinking) 39.69% (18.17%)
TPET Trio Petroleum Corp. $8.0M — (loss-making) — +81.19% (above 0%: growing) n/m +59.54% (above 0%: growing) 31.04% (605.48%) Compare
MTR Mesa Royalty Trust $3.7M 10.0× 11.1× −29.83% (below 0%: shrinking) −36.36% (below 0%: shrinking) 0.00% 100.00% 95.68% Compare
Median of peers $17.2M 10.3× 11.7× +22.27% −30.68% −67.13% 99.23% 6.87%

All 74 Oil & Gas E&P stocks →

Pay and ownership Proxy statement filed 21 May 2026

Ownership

Directors and executive officers, together 7.00%
Ned L. Sherwood 18.70%
Bradley L. Radoff 11.30%
Alexander C. Kinzler 6.50%
Joseph E. Magaro 6.00%
James C. Pappas 5.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Barnwell Industries, Inc. (BRN) Latest News

3 Nov

Impact 3 · · Zacks

14 Oct

Impact 4 · · ACCESS Newswire

6 Oct

Impact 4 · · ACCESS Newswire

5 Oct

Impact 4 · · ACCESS Newswire

3 Sep

Impact 3 · transcript

11 Aug

Impact 3 ·

4 Aug

Impact 4 ·

18 Jun

Impact 4 ·
Impact 3 · · GlobeNewswire

21 May

Impact 3 · · ACCESS Newswire

19 Mar

Impact 4 · · ACCESS Newswire

11 Mar

Impact 3 · · ACCESS Newswire

23 Feb

Impact 3 · · ACCESS Newswire

30 Jan

Impact 3 · · ACCESS Newswire

30 Dec

Impact 3 · · ACCESS Newswire

19 Dec

Impact 3 · · ACCESS Newswire

3 Dec

Impact 3 · · ACCESS Newswire

25 Nov

Impact 3 · · ACCESS NewswireLife Insurance International

28 Oct

Impact 3 · · ACCESS Newswire

23 Sep

Impact 4 · · ACCESS Newswire

16 Sep

Impact 3 · · Newsfile

21 Aug

Impact 4 ·

13 Aug

Impact 4 · · ACCESS Newswire

20 Jun

Impact 4 · · Newsfile

2 Jun

Impact 3 · · PR Newswire

30 May

Impact 4 · · Newsfile
Impact 3 ·

23 May

Impact 4 · · Newsfile

22 May

Impact 4 ·

19 May

Impact 4 ·
stockrow.com/BRN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com