BRN (Barnwell Industries) EBIT: $-6.72 Mil (TTM As of Mar. 2026)

What is Barnwell Industries EBIT?

Barnwell Industries BRN 34 EBIT is $-6.72 Mil as of Mar. 2026. GuruFocus rates BRN with a GF Score™ of 34/100 and a GF Value™ of $0.94 (Fairly Valued). The stock has 6 warning signs investors should review.

Barnwell Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-1.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-6.72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Barnwell Industries's annualized ROC % for the quarter that ended in Mar. 2026 was -33.77%. Barnwell Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -49.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Barnwell Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -61.62%.

Barnwell Industries (AMEX:BRN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Barnwell Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	-5.56 * ( 1 - 0% )	/	( (16.808	+	16.124)	/ 2 )
=	-5.56	/	16.466
=	-33.77 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	21.467	-	2.833	-	( 3.622	-	max(0, 4.001	-	5.827	+	3.622	))
=	16.808

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	21.547	-	3.271	-	( 4.016	-	max(0, 4.269	-	6.421	+	4.016	))
=	16.124

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Barnwell Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-4.44	/	( ( (9.204 + max(-1.996, 0))	+	(8.614 + max(-2.014, 0)) )	/	2 )
=	-4.44	/	( ( 9.204	+	8.614 )	/	2 )
=	-4.44	/	8.909
=	-49.84 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.411	+	0	+	0.594)	-	(2.833	+	0	+	1.168)
=	-1.996

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.811	+	0	+	0.444)	-	(3.271	+	0	+	0.998)
=	-2.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Barnwell Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-6.72	/	10.905
	=	-61.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Barnwell Industries EBIT Related Terms

Barnwell Industries EBIT Historical Data

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The historical data trend for Barnwell Industries's EBIT can be seen below:

Barnwell Industries EBIT Chart

Barnwell Industries Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

EBIT

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7.55

6.52

-0.86

-3.66

-7.05

Barnwell Industries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															-1.38	-1.58	-2.49	-1.53	-1.11

BRN vs NRIS, TPET, MXC: EBIT Comparison

For the Oil & Gas E&P subindustry, Barnwell Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barnwell Industries EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Barnwell Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Barnwell Industries's EV-to-EBIT falls into.

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34GF Score

Barnwell Industries Inc BRN

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Barnwell Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.72 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-6.72 Mil mean?

Barnwell Industries (BRN) has a EBIT of $-6.72 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Barnwell Industries.

Is Barnwell Industries' EBIT too high?

Barnwell Industries' current EBIT is $-6.72 Mil. Overall, Barnwell Industries has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Barnwell Industries' EBIT compare to NRIS and TPET?

Barnwell Industries' EBIT of $-6.72 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Oil & Gas company?

A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Barnwell Industries. Barnwell Industries's current EBIT is $-6.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Barnwell Industries stock overvalued right now?

Based on GuruFocus' analysis, Barnwell Industries (BRN) is currently considered Fairly Valued. The stock's GF Value™ is $0.94, compared to a current price of $1.03 — trading 9.6% above its estimated fair value. The current EBIT is $-6.72 Mil. Barnwell Industries' overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For Barnwell Industries (BRN), the current EBIT is $-6.72 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Barnwell Industries (BRN) Overvalued in 2026?

Based on GuruFocus' analysis, Barnwell Industries stock appears to be overvalued. The current stock price of $1.03 is trading 9.6% above its estimated GF Value™ of $0.94. GuruFocus considers Barnwell Industries to be Fairly Valued.

Key valuation signals for BRN:

EBIT: $-6.72 Mil
GF Value™: $0.94 vs. price of $1.03 (9.6% above fair value)
GF Score™: 34/100 with 6 warning signs

No single metric tells the full story. See the BRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Barnwell Industries Business Description

Industry Energy Oil & Gas

Comparable Companies NRIS TPET MXC GULTU ROYL MVO CKX HGTXU MTR OKMN HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Address 1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840

Website https://www.brninc.com

Barnwell Industries Inc is an oil and gas company engaged in the acquisition, development, production, and sale of crude oil and natural gas. The Company operates through two segments: the Oil and Natural Gas segment, which focuses on oil and natural gas development, production, acquisitions, and sales in the United States and Canada; and the Land Investment segment, which owns leasehold land interests in Hawaii. The Company generates the majority of its revenue from the Oil and Natural Gas segment. The company operates in two geographic regions, the United States and Canada, with Canada contributing the majority of revenue.

34GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.03

Price

$0.94

GF Value

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