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Barnwell Industries, Inc. (BRN) 10-Year Financial Performance & Capital Metrics

BRN •
EnergyOil & Gas E&PCanadian oil sands and heavy oil producers
AboutBarnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. It operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drilling. The company acquires and develops crude and natural gas assets in the province of Alberta; and invests in land interests in Hawaii. It also owns and operates five water well drilling rigs, two pump rigs, and other ancillary drilling and pump equipment; drills water and water monitoring wells of varying depths; installs and repairs water pumping systems; and distributes trillium flow technologies. Barnwell Industries, Inc. was incorporated in 1956 and is headquartered in Honolulu, Hawaii.Show more
  • Revenue $14M -36.9%
  • EBITDA -$1M -151.9%
  • Net Income -$7M -24.2%
  • EPS (Diluted) -0.69 -23.2%
  • Gross Margin 11.57% +10.0%
  • EBITDA Margin -10.21% -182.3%
  • Operating Margin -39.07% -156.3%
  • Net Margin -50.45% -96.9%
  • ROE -68.81% -96.7%
  • ROIC -61.93% -205.9%
  • Debt/Equity 0.04 +6914.2%
  • Interest Coverage -764.57 +53.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Sales declining 5.7% over 5 years
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-2.44%
5Y-5.68%
3Y-21.71%
TTM-36.36%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM3.18%

EPS CAGR

10Y-
5Y-
3Y-
TTM-433.33%

ROCE

10Y Avg-14.35%
5Y Avg-13.73%
3Y Avg-16.33%
Latest-27.49%

Peer Comparison

Canadian oil sands and heavy oil producers
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CNQCanadian Natural Resources Limited91.18B43.7721.02-12.68%15.49%16.45%6.49%0.51
BTEBaytex Energy Corp.2.95B3.8417.5224.43%5.6%5.12%14.71%0.55
GFRGreenfire Resources Ltd.744.9M5.944.7817.01%27.69%22.82%5.61%0.41
BRNBarnwell Industries, Inc.14.29M1.14-1.65-36.95%-53.07%-80.64%0.04
OBEObsidian Energy Ltd.526.86M7.85-4.0228.23%-33.68%-16.91%0.24

Compare BRN vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs CNQ

Compare head-to-head with Canadian Natural Resources Limited

vs BTE

Compare head-to-head with Baytex Energy Corp.

Compare Top 5

vs CNQ, BTE, GFR, OBE

Profit & Loss

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Sales/Revenue+13.29M13.03M9.37M12.07M18.35M18.11M28.55M25.27M21.72M13.7M
Revenue Growth %-24.22%-1.93%-28.1%28.9%51.94%-1.28%57.59%-11.48%-14.03%-36.95%
Cost of Goods Sold+12.36M7.46M7.39M13.21M14.51M13.07M16.81M20.56M19.44M12.11M
COGS % of Revenue93%57.27%78.93%109.38%79.09%72.18%58.88%81.36%89.48%88.43%
Gross Profit+930K5.57M1.97M-1.13M3.51M5.04M11.74M4.71M2.29M1.58M
Gross Margin %7%42.73%21.07%-9.38%19.14%27.82%41.12%18.64%10.52%11.57%
Gross Profit Growth %-77.26%498.71%-64.55%-157.4%409.97%43.48%132.92%-59.88%-51.45%-30.66%
Operating Expenses+6.36M6.98M6.26M5.52M5.78M7.09M8.04M6.96M5.6M6.94M
OpEx % of Revenue47.87%53.54%66.84%45.75%31.5%39.13%28.18%27.53%25.77%50.65%
Selling, General & Admin6.36M6.98M6.26M5.52M5.82M7.09M8.04M6.96M5.6M6.94M
SG&A % of Revenue47.87%53.54%66.84%45.75%31.72%39.13%28.18%27.53%25.77%50.65%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses0000-40K00000
Operating Income+-2.81M868K-4.07M-6.93M-2.27M-4M2.24M-2.48M-3.31M-5.35M
Operating Margin %-21.13%6.66%-43.39%-57.42%-12.36%-22.08%7.85%-9.81%-15.25%-39.07%
Operating Income Growth %2.57%130.92%-568.32%-70.55%67.29%-76.32%156.01%-210.71%-33.55%-61.59%
EBITDA+-736K2.5M-2.66M-3.3M440K-2.46M5.79M2.79M2.69M-1.4M
EBITDA Margin %-5.54%19.22%-28.36%-27.35%2.4%-13.56%20.27%11.02%12.4%-10.21%
EBITDA Growth %-252.38%440.22%-206.11%-24.31%113.32%-658.18%335.55%-51.86%-3.27%-151.89%
D&A (Non-Cash Add-back)2.07M1.64M1.41M3.63M2.71M1.54M3.54M5.26M6.01M3.95M
EBIT-3.49M1.24M-2.01M-12.64M-4.67M7.55M6.52M-862K-5.12M-7.04M
Net Interest Income+-97K-6K-7K-5K-3K-13K-1K-2K-2K-7K
Interest Income0000000000
Interest Expense97K6K7K5K3K13K1K2K2K7K
Other Income/Expense1.84M2.64M2.27M-5.99M-2.41M11.53M4.28M1.62M-1.81M-1.7M
Pretax Income+-3.59M1.23M-2.02M-12.65M-4.67M7.54M6.52M-864K-5.12M-7.05M
Pretax Margin %-26.99%9.47%-21.55%-104.75%-25.48%41.6%22.84%-3.42%-23.56%-51.49%
Income Tax+-722K-1.08M-601K-231K3K332K347K-53K213K71K
Effective Tax Rate %100.81%94.89%87.67%98.17%101.75%82.99%84.57%111.23%108.73%97.99%
Net Income+-3.62M1.17M-1.77M-12.42M-4.76M6.25M5.51M-961K-5.57M-6.91M
Net Margin %-27.21%8.99%-18.89%-102.83%-25.92%34.52%19.31%-3.8%-25.62%-50.45%
Net Income Growth %-386.22%132.39%-251.15%-601.53%61.7%231.48%-11.83%-117.43%-479.08%-24.17%
Net Income (Continuing)-2.86M2.31M-1.42M-12.42M-4.68M7.2M6.17M-811K-5.33M-7.12M
Discontinued Operations000000000205K
Minority Interest530K931K213K100K92K8K20K13K22K14K
EPS (Diluted)+-0.440.14-0.21-1.50-0.570.730.57-0.10-0.56-0.69
EPS Growth %-393.33%131.82%-250%-614.29%62%228.07%-21.92%-116.91%-480.91%-23.21%
EPS (Basic)-0.440.14-0.21-1.50-0.570.730.57-0.10-0.56-0.69
Diluted Shares Outstanding8.28M8.28M8.28M8.28M8.28M8.59M9.73M9.97M10.02M10.06M
Basic Shares Outstanding8.22M8.28M8.28M8.28M8.28M8.59M9.73M9.97M10.02M10.06M
Dividend Payout Ratio------2.7%---

Balance Sheet

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Current Assets+21.11M25.14M12.08M8.7M9.49M18.04M20.1M9.09M8.88M5.23M
Cash & Short-Term Investments16.74M21.73M6.71M4.61M4.58M11.28M12.8M2.83M4.5M2.89M
Cash Only15.55M16.28M5.96M4.61M4.58M11.28M12.8M2.83M4.5M2.89M
Short-Term Investments1.19M5.45M741K0000000
Accounts Receivable1.32M1.79M4.89M2.23M2.59M4.18M4.94M4.22M2.77M1.92M
Days Sales Outstanding36.1850.14190.4567.3551.5184.2363.1860.9646.5451.19
Inventory2.21M1.04M0729K699K687K351K348K00
Days Inventory Outstanding65.2850.72-20.1517.5819.187.626.18--
Other Current Assets3.06M1.62M3.14M1.98M1.61M2.82M2M1.7M1.61M423K
Total Non-Current Assets+10.45M7.88M19.3M9.6M5.7M6.4M17.12M26.34M21.79M15.58M
Property, Plant & Equipment6.9M5.37M16.41M8.39M4.02M4.17M13.73M21.86M16.89M154K
Fixed Asset Turnover1.93x2.43x0.57x1.44x4.56x4.34x2.08x1.16x1.29x88.94x
Goodwill0000000000
Intangible Assets004.89M0000000
Long-Term Investments3.55M2.21M1.61M980K901K00000
Other Non-Current Assets-204K350K848K230K771K1.87M3.2M4.47M4.9M15.43M
Total Assets+31.57M33.02M31.38M18.3M15.18M24.43M37.22M35.42M30.67M20.81M
Asset Turnover0.42x0.39x0.30x0.66x1.21x0.74x0.77x0.71x0.71x0.66x
Asset Growth %-24.03%4.6%-4.97%-41.67%-17.05%60.95%52.3%-4.82%-13.42%-32.14%
Total Current Liabilities+4.74M4.8M3.63M4.77M6.36M5.9M8.93M6.6M7.81M4.73M
Accounts Payable1.42M1.19M1.19M1.22M2.1M1.42M1.46M881K1.82M2.18M
Days Payables Outstanding42.0357.9658.7933.852.9339.5331.7515.6434.2165.76
Short-Term Debt0000200K117K105K0078K
Deferred Revenue (Current)165K40K42K1.63M2.92M455K1.09M000
Other Current Liabilities2.86M3.22M1.87M1.71M619K1.67M3.04M2.87M1.75M2.47M
Current Ratio4.46x5.24x3.33x1.83x1.49x3.06x2.25x1.38x1.14x1.11x
Quick Ratio3.99x5.02x3.33x1.67x1.38x2.94x2.21x1.32x1.14x1.11x
Cash Conversion Cycle59.4242.9-53.716.1663.8839.0551.49--
Total Non-Current Liabilities+13.09M10.04M11.51M12.21M10.77M9.03M9.13M10.07M9.79M9.06M
Long-Term Debt000058K47K44K0093K
Capital Lease Obligations0000143K180K117K47K7K93K
Deferred Tax Liabilities204K236K315K168K194K359K188K58K100K18K
Other Non-Current Liabilities12.88M9.8M11.2M11.84M10.38M8.44M8.78M9.96M9.69M8.86M
Total Liabilities17.82M14.84M15.14M16.97M17.14M14.93M18.05M16.66M17.61M13.79M
Total Debt+0000512K344K266K47K7K264K
Net Debt-15.55M-16.28M-5.96M-4.61M-4.07M-10.94M-12.54M-2.78M-4.5M-2.62M
Debt / Equity-----0.04x0.01x0.00x0.00x0.04x
Debt / EBITDA----1.16x-0.05x0.02x0.00x-
Net Debt / EBITDA--6.50x---9.25x--2.17x-1.00x-1.67x-
Interest Coverage-28.94x144.67x-580.71x-1386.60x-756.00x-307.62x2240.00x-1240.00x-1656.00x-764.57x
Total Equity+13.74M18.18M16.24M1.33M-1.95M9.51M19.16M18.76M13.06M7.02M
Equity Growth %-28.65%32.3%-10.69%-91.82%-246.95%586.79%101.55%-2.11%-30.36%-46.24%
Book Value per Share1.662.201.960.16-0.241.111.971.881.300.70
Total Shareholders' Equity13.21M17.25M16.03M1.23M-2.04M9.5M19.14M18.74M13.04M7.01M
Common Stock4.22M4.22M4.22M4.22M4.22M4.81M5.06M5.08M5.1M5.12M
Retained Earnings13.85M15.02M13.25M859K-3.9M2.36M7.72M6.16M595K-6.51M
Treasury Stock-2.29M-2.29M-2.29M-2.29M-2.29M-2.29M-2.29M-2.29M-2.29M-2.29M
Accumulated OCI-3.92M-1.06M-514K-2.92M-1.44M32K1.29M2.1M1.94M2.64M
Minority Interest530K931K213K100K92K8K20K13K22K14K

Cash Flow

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Cash from Operations+1.77M-2.12M-5.09M-2.13M750K831K7.29M1.94M4.71M-1.87M
Operating CF Margin %13.32%-16.26%-54.34%-17.66%4.09%4.59%25.54%7.69%21.68%-13.64%
Operating CF Growth %124.82%-219.72%-140.25%58.1%135.16%10.8%777.38%-73.35%142.41%-139.66%
Net Income-2.86M2.31M-1.42M-12.42M-4.68M7.2M6.17M-811K-5.33M-7.11M
Depreciation & Amortization1.61M1.2M1.11M8.88M2.71M-2.74M2.78M4.46M5.11M3.15M
Stock-Based Compensation-22K15K-59K-42K0643K660K263K208K372K
Deferred Taxes-71K-268K-48K-175K26K165K-171K-130K42K-82K
Other Non-Cash Items4.41M-4.77M-3.32M375K2.25M-2.29M-1.12M-1.44M1.91M1.58M
Working Capital Changes-1.29M-614K-1.35M1.24M448K-2.15M-1.03M-393K2.78M224K
Change in Receivables1.08M-166K-574K-260K-598K-814K-1.75M1.09M647K197K
Change in Inventory-833K-97K-1.14M2.02M-81K-1.26M0000
Change in Payables-1.46M-279K124K-202K924K-746K110K-595K928K458K
Cash from Investing+9.38M2.91M-3.88M905K-833K3.69M-7.11M-11.18M-2.83M773K
Capital Expenditures-1.76M-1.19M-11.11M-1.83M-3.13M-1.93M-10.22M-11.63M-3.53M0
CapEx % of Revenue13.28%9.12%118.62%15.16%17.07%10.68%35.8%46.03%16.24%22.44%
Acquisitions493K5.34M750K1.69M1.71M1.86M687K0256K0
Investments----------
Other Investing11.14M3.17M2.81M2M2.3M3.76M2.42M452K439K773K
Cash from Financing+-4.25M-370K-1.07M-110K60K2.19M1.56M-786K-226K-418K
Debt Issued (Net)-3.44M000147K47K0-30K0-168K
Equity Issued (Net)000001000K1000K000
Dividends Paid000000-149K-599K00
Share Repurchases0000000000
Other Financing-812K-370K-1.07M-110K-87K-1.03M-647K-157K-226K-250K
Net Change in Cash7.08M731K-10.32M-1.35M-29K6.7M1.52M-9.97M1.68M-1.62M
Free Cash Flow+5K-3.31M-16.2M-3.96M-2.38M-1.1M-2.93M-9.69M1.18M-4.94M
FCF Margin %0.04%-25.38%-172.96%-32.83%-12.98%-6.09%-10.26%-38.34%5.45%-36.08%
FCF Growth %100.05%-66240%-389.96%75.54%39.93%53.67%-165.55%-230.8%112.21%-517.75%
FCF per Share0.00-0.40-1.96-0.48-0.29-0.13-0.30-0.970.12-0.49
FCF Conversion (FCF/Net Income)-0.49x-1.81x2.88x0.17x-0.16x0.13x1.32x-2.02x-0.85x0.27x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-21.91%7.34%-10.28%-141.36%-165.55%38.46%-5.07%-34.98%-68.81%
Return on Invested Capital (ROIC)-33.89%1356.25%-50.08%-148.78%--64.68%-16.46%-20.25%-61.93%
Gross Margin7%42.73%21.07%-9.38%19.14%27.82%41.12%18.64%10.52%11.57%
Net Margin-27.21%8.99%-18.89%-102.83%-25.92%34.52%19.31%-3.8%-25.62%-50.45%
Debt / Equity-----0.04x0.01x0.00x0.00x0.04x
Interest Coverage-28.94x144.67x-580.71x-1386.60x-756.00x-307.62x2240.00x-1240.00x-1656.00x-764.57x
FCF Conversion-0.49x-1.81x2.88x0.17x-0.16x0.13x1.32x-2.02x-0.85x0.27x
Revenue Growth-24.22%-1.93%-28.1%28.9%51.94%-1.28%57.59%-11.48%-14.03%-36.95%

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