ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Evolution Petroleum's annualizedNet Income for the quarter that ended in Mar. 2026 was $-35.73 Mil.
Evolution Petroleum's average Total Assets over the quarter that ended in Mar. 2026 was $169.51 Mil. Therefore, Evolution Petroleum's annualized ROA % for the quarter that ended in Mar. 2026 was -21.08%.
The historical rank and industry rank for Evolution Petroleum's ROA % or its related term are showing as below:
EPM'
s ROA % Range Over the Past 10 Years
Min: -19.47 Med: 12.45 Max: 29.47
Current: -2.2
During the past 13 years, Evolution Petroleum's highest ROA % was 29.47%. The lowest was -19.47%. And the median was 12.45%.
EPM's ROA % is ranked worse than 66.73% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs EPM: -2.20
Evolution Petroleum (AMEX:EPM) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Evolution Petroleum ROA % Related Terms
Evolution Petroleum ROA % Historical Data
* Premium members only.
The historical data trend for Evolution Petroleum's ROA % can be seen below:
* 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.
For the Oil & Gas E&P subindustry, Evolution Petroleum's ROA %, along with its competitors' market caps and ROA % 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.
Evolution Petroleum ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Evolution Petroleum's ROA % distribution charts can be found below:
* The bar in red indicates where Evolution Petroleum's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Evolution Petroleum (EPM) has a ROA % of -21.08% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Evolution Petroleum and its competitors. According to the industry distribution chart, Evolution Petroleum ranks #684 out of 1025 companies in the Oil & Gas industry, placing it in the top 66.7%.
Is Evolution Petroleum's ROA % too high?
Evolution Petroleum's current ROA % is -21.08%. Based on the distribution chart, Evolution Petroleum ranks #684 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Evolution Petroleum has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Petroleum's ROA % compare to GLND and EPSN?
According to the Oil & Gas industry distribution chart, Evolution Petroleum ranks #684 out of 1025 companies for ROA %. This places Evolution Petroleum in the lower half of its industry. The industry median ROA % is 1.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Evolution Petroleum and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution Petroleum's current ROA % is -21.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Evolution Petroleum (EPM) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.70, compared to a current price of $3.81 — trading 18.9% below its estimated fair value. The current ROA % is -21.08%. Evolution Petroleum's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Evolution Petroleum (EPM), the current ROA % is -21.08% 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 Evolution Petroleum (EPM) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution Petroleum stock appears to be undervalued.
The current stock price of $3.81 is trading 18.9% below its estimated GF Value™ of $4.70.
GuruFocus considers Evolution Petroleum to be Modestly Undervalued.
Key valuation signals for EPM:
ROA %: -21.08%
GF Value™: $4.70 vs. price of $3.81 (18.9% below fair value)
No single metric tells the full story. See the EPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution Petroleum Corp is an independent energy company focused on owning and investing in onshore oil and natural gas properties across the United States. Its portfolio includes non-operated interests in various production fields such as CO2 enhanced oil recovery in Louisiana, secondary recovery production in Wyoming, and shale gas reservoirs in Texas and North Dakota. The company generates revenue from the production and sale of oil and natural gas, leveraging specialized technologies to extend reservoir life and enhance recoveries.
75GF Score
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