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Tamboran ResourcesTBN +1.80%14 ROE % is -9.98% as of Mar. 2026. GuruFocus rates TBN with a GF Score™ of 14/100. Among 955 Oil & Gas companies, Tamboran Resources ranks worse than 79.48% on this metric.
The historical rank and industry rank for Tamboran Resources's ROE % or its related term are showing as below:
TBN'
s ROE % Range Over the Past 10 Years
Min: -73.55 Med: -13.41 Max: -9.27
Current: -10.9
During the past 6 years, Tamboran Resources's highest ROE % was -9.27%. The lowest was -73.55%. And the median was -13.41%.
TBN's ROE % is ranked worse than 79.48% of 955
companies
in the Oil & Gas industry
Industry Median: 5.89
vs TBN: -10.90
Tamboran Resources (NYSE:TBN) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Tamboran Resources ROE % Related Terms
Tamboran Resources ROE % Historical Data
* Premium members only.
The historical data trend for Tamboran Resources's ROE % 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, Tamboran Resources's ROE %, along with its competitors' market caps and ROE % 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.
Tamboran Resources ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tamboran Resources's ROE % distribution charts can be found below:
* The bar in red indicates where Tamboran Resources's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Tamboran Resources (TBN) has a ROE % of -9.98% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tamboran Resources and its competitors. According to the industry distribution chart, Tamboran Resources ranks #759 out of 955 companies in the Oil & Gas industry, placing it in the top 79.5%.
Is Tamboran Resources' ROE % too high?
Tamboran Resources' current ROE % is -9.98%. Based on the distribution chart, Tamboran Resources ranks #759 out of 955 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tamboran Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tamboran Resources' ROE % compare to DMLP and KOS?
According to the Oil & Gas industry distribution chart, Tamboran Resources ranks #759 out of 955 companies for ROE %. This places Tamboran Resources in the lower half of its industry. The industry median ROE % is 5.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.89, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tamboran Resources and its competitors. For the Oil & Gas industry, the median ROE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamboran Resources's current ROE % is -9.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamboran Resources stock overvalued right now?
Tamboran Resources (TBN) has a current ROE % of -9.98%. The current ROE % is -9.98%. Tamboran Resources' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tamboran Resources (TBN), the current ROE % is -9.98% 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.
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory. The group is in the exploration and appraisal stage, focusing on its primary assets consisting of rights to working interests in exploration acreage in the Beetaloo sub-basin, Northern Territory, Australia.
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