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  3. Financial Ratios
  4. Quarterly
OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Empire Petroleum Corporation (EP) Quarterly Financial Ratios

Last 47 quarters of trend data · Energy · Oil & Gas Exploration & Production

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →-6.11————————————
—————————————
P/S Ratio2.574.105.105.906.223.803.013.206.305.305.146.778.17
—+7.7%+69.7%+84.1%-1.2%-28.2%-41.5%-52.7%-22.9%-8.0%+17.0%-24.7%+24.1%
P/B Ratio1.582.873.283.604.002.942.624.147.1411.6210.9813.9912.38
—-2.4%+25.0%-13.2%-44.0%-74.7%-76.1%-70.4%-42.3%-12.5%-9.3%-56.8%-58.0%
P/FCF———33.29—————————
—————————————
EV / EBITDA——————43.75——————
—————————————
EV / EBIT—————————————
—————————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Empire Petroleum Corporation's operating margin was -37.8% in Q3 2025, up 18.2 pp QoQ and down 6.5 pp YoY. The trailing four-quarter average of -44.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 1591.9% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin7.9%92.0%91.2%3.3%8.2%5.4%11.8%5.2%-3.3%17.1%12.7%21.9%-182.8%
—+1591.9%+671.3%-36.6%+346.9%-68.1%-7.2%-76.2%+98.2%-48.0%-78.8%-58.5%-307.6%
Operating Margin-31.0%-37.8%-56.0%-43.9%-38.9%-31.3%-15.0%-42.9%-57.7%-25.5%-23.5%-22.0%-25.2%
—-20.7%-272.4%-2.4%+32.6%-22.9%+36.1%-95.4%-129.2%-347.4%-163.5%-173.8%-1882.8%
Net Margin-36.8%-40.9%-57.8%-46.9%-41.6%-33.4%-34.3%-38.8%-48.4%-26.6%-25.2%-24.3%-23.6%
—-22.7%-68.4%-20.9%+14.1%-25.5%-36.0%-59.6%-104.7%-1823.6%-171.6%-184.1%+69.8%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE-33.2%-7.1%-8.9%-6.9%-7.0%-6.3%-9.7%-11.9%-17.8%-14.8%-13.0%-11.5%-8.8%
—-12.5%+8.4%+41.9%+60.6%+57.3%+25.3%-3.8%-103.7%-1713.9%-143.2%-137.7%+93.1%
ROA-15.0%-3.1%-4.1%-3.4%-3.4%-3.0%-4.0%-4.1%-5.7%-3.9%-3.9%-3.6%-3.0%
—-2.8%-2.0%+17.3%+39.8%+23.5%-3.3%-14.2%-88.1%-1291.2%-140.8%-151.3%+83.1%
ROIC-19.3%-4.0%-5.3%-4.1%-4.4%-4.2%-2.8%-8.7%-14.7%-8.1%-7.6%-8.3%-9.0%
—+4.4%-87.7%+52.2%+70.3%+48.4%+63.0%-5.0%-62.5%-238.8%-132.6%-149.3%-1183.9%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 44.9% YoY to 0.63x, strengthening the short-term liquidity position. Debt/Equity has risen for 5 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.190.300.290.210.190.170.180.440.190.890.390.420.34
—+84.0%+59.5%-51.1%-0.9%-81.5%-53.6%+5.2%-44.5%+142.1%-2.7%-36.4%-64.1%
Debt / EBITDA——————12.04——————
—————————————
Current Ratio0.580.630.550.480.580.430.850.510.751.080.951.151.29
—+44.9%-35.0%-5.8%-22.4%-59.8%-10.5%-55.7%-42.0%-42.0%-48.7%-20.0%+18.6%
Quick Ratio0.520.580.510.420.520.380.790.440.691.000.831.001.19
—+52.4%-36.3%-5.8%-24.9%-62.1%-4.7%-55.6%-41.7%-42.7%-52.9%-26.0%+18.3%
Interest Coverage-9.02-9.15-14.68-13.36-14.61-17.41-2.62-13.96-17.42-10.54-12.45-9.37-13.70
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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Frequently Asked Questions

What is Empire Petroleum Corporation's quarterly P/E ratio trend?

Empire Petroleum Corporation's current P/E is -6.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Empire Petroleum Corporation's margins change by quarter?

Empire Petroleum Corporation's current operating margin is -31.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at EP quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Empire Petroleum Corporation's business trajectory between earnings reports.

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