ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Greenfire Resources's annualizedNet Income for the quarter that ended in Mar. 2026 was $-212.8 Mil.
Greenfire Resources's average Total Assets over the quarter that ended in Mar. 2026 was $939.1 Mil. Therefore, Greenfire Resources's annualized ROA % for the quarter that ended in Mar. 2026 was -22.66%.
The historical rank and industry rank for Greenfire Resources's ROA % or its related term are showing as below:
GFR'
s ROA % Range Over the Past 10 Years
Min: -11.63 Med: 9.7 Max: 58.58
Current: -3.24
During the past 6 years, Greenfire Resources's highest ROA % was 58.58%. The lowest was -11.63%. And the median was 9.70%.
GFR's ROA % is ranked worse than 69.66% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs GFR: -3.24
Greenfire Resources (NYSE:GFR) 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.
Greenfire Resources ROA % Related Terms
Greenfire Resources ROA % Historical Data
* Premium members only.
The historical data trend for Greenfire Resources'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, Greenfire Resources'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.
Greenfire Resources ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Greenfire Resources's ROA % distribution charts can be found below:
* The bar in red indicates where Greenfire Resources'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.
Greenfire Resources (GFR) has a ROA % of -22.66% 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 Greenfire Resources and its competitors. According to the industry distribution chart, Greenfire Resources ranks #714 out of 1025 companies in the Oil & Gas industry, placing it in the top 69.7%.
Is Greenfire Resources' ROA % too high?
Greenfire Resources' current ROA % is -22.66%. Based on the distribution chart, Greenfire Resources ranks #714 out of 1025 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Greenfire Resources has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenfire Resources' ROA % compare to TXO and VTS?
According to the Oil & Gas industry distribution chart, Greenfire Resources ranks #714 out of 1025 companies for ROA %. This places Greenfire Resources 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 Greenfire Resources 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. Greenfire Resources's current ROA % is -22.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Greenfire Resources (GFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.45, compared to a current price of $5.65 — trading 63.8% above its estimated fair value. The current ROA % is -22.66%. Greenfire Resources' overall GF Score™ is 34/100 with 4 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 Greenfire Resources (GFR), the current ROA % is -22.66% 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 Greenfire Resources (GFR) Overvalued in 2026?
Based on GuruFocus' analysis, Greenfire Resources stock appears to be overvalued.
The current stock price of $5.65 is trading 63.8% above its estimated GF Value™ of $3.45.
GuruFocus considers Greenfire Resources to be Significantly Overvalued.
Key valuation signals for GFR:
ROA %: -22.66%
GF Value™: $3.45 vs. price of $5.65 (63.8% above fair value)
No single metric tells the full story. See the GFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations. The company is actively developing its Hangingstone Facilities using SAGD, an enhanced oil recovery extraction method.
34GF Score
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