Epsilon Energy Ltd.

EPSN Energy Oil & Gas E&P

Epsilon Energy Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $51.6 million, up 63.7% from fiscal 2024. In the quarter to June 2026, revenue grew 57.1%, EPS grew 242.9% and free cash flow grew 123.8%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

5.97 0.09 +1.53%
Market cap
$178.1M
P/E
0.0×
Fwd P/E
17.8×
Dividend yield
4.19%
F-score
4/9
Altman Z
0.41
Beneish M
−3.33
Dividend safety
12/100

Epsilon Energy Ltd. (EPSN) Altman Z-score

Alert me on Altman Z-score

Epsilon Energy Ltd.'s Altman Z-score for fiscal 2025 is 0.41, in the distress zone (below 1.81).

Altman Z-score, annual

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Annual newest first

Period Altman Z-score Change (points)
FY2025 0.41 (2.98)
FY2024 3.39 0.18
FY2023 3.21 (3.37)
FY2022 6.58 2.15
FY2021 4.43 2.14
FY2020 2.30 0.21
FY2019 2.09 (1.37)
FY2018 3.45 2.88
FY2017 0.58 —

How fiscal 2025’s score is made up

Component This year Year before Result Points
Working capital / total assets 0.03 — 0.04
Retained earnings / total assets (0.23) — −0.33
EBIT / total assets (0.05) — −0.15
Market value of equity / total liabilities 1.03 — 0.62
Sales / total assets 0.23 — 0.23
Altman Z-score Distress zone 0.41
Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) Distress zone 0.41

How the Altman Z-score works

Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.

Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.

Zone Z Z″
Safe zoneabove 2.99above 2.60
Grey zone1.81–2.991.10–2.60
Distress zonebelow 1.81below 1.10

Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.

Altman Z-score against peers

What Altman Z-score is

The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.

1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets

The full definition of Altman Z-score →

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