15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 34.6% per year over the past 5 years.
Operating margin has expanded, at -208.5% in the latest year.
Financial health
Total debt has grown slower than revenue (8.0% vs 34.6% per year).
Operating income covered interest expense -46.1× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$34M
-$72M
0.0%
-208.5%
—
—
$1M
2024
$44M
-$16M
0.0%
-31.3%
—
$11M
$2M
2023
$40M
-$12M
0.0%
-29.0%
—
$5M
$8M
2022
$53M
$7M
0.0%
16.6%
—
$4M
$12M
2021
$27M
-$19M
0.0%
-1.7%
—
—
$4M
2020
$8M
-$17M
0.0%
-227.5%
—
—
$157695
2019
$6M
-$7M
0.0%
-105.0%
-$577870
$8M
$0
2018
$465455
-$1M
0.0%
-196.8%
—
$1M
$84631
2017
$0
-$830067
—
—
—
—
$77780
2016
—
-$381915
—
—
—
—
$68743
2015
—
-$174924
—
—
—
—
$18105
2014
—
-$236585
—
—
—
—
$82
2013
—
-$227823
—
—
—
—
$2926
2012
—
-$253348
—
—
—
—
$20766
2011
—
-$247432
—
—
—
—
$4978
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$5M
-$7M
0.0%
-109.4%
—
—
$9M
Dec '25
$7M
-$59M
0.0%
-834.5%
—
—
$1M
Sep '25
$9M
-$4M
0.0%
-37.8%
—
$15M
$5M
Jun '25
$9M
-$5M
0.0%
-56.0%
—
$15M
$2M
Mar '25
$9M
-$4M
0.0%
-43.9%
—
$12M
$1M
Dec '24
$10M
-$4M
0.0%
-38.9%
—
$11M
$2M
Sep '24
$11M
-$4M
0.0%
-30.0%
—
$9M
$3M
Jun '24
$13M
-$4M
0.0%
-15.0%
—
$9M
$9M
Mar '24
$9M
-$4M
0.0%
-46.8%
—
$9M
$3M
Dec '23
$11M
-$5M
0.0%
-40.0%
—
$5M
$8M
Sep '23
$9M
-$3M
0.0%
-28.8%
$2M
$116507
—
Jun '23
$10M
-$2M
0.0%
-23.7%
—
$3M
$1M
Mar '23
$10M
-$2M
0.0%
-22.1%
—
—
$7M
Dec '22
$11M
-$2M
0.0%
-20.7%
—
$4M
$12M
Sep '22
$14M
$215941
0.0%
10.3%
$4M
—
$16M
Jun '22
$16M
$6M
0.0%
37.1%
—
—
$12M
Mar '22
$12M
$4M
0.0%
30.0%
—
—
$5M
Dec '21
$10M
-$9M
0.0%
1.5%
—
—
$4M
Sep '21
$10M
-$4M
0.0%
22.8%
—
—
$3M
Jun '21
$5M
-$5M
0.0%
-43.8%
—
—
$1M
Valuation over time
How the market has priced EP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 68.4× (Mar '23) to 61.4× (Dec '23).
The price-to-sales ratio has fallen from 9.2× (Mar '23) to 3.2× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is EP growing its revenue and profit?
Over the past 5 years, EMPIRE PETROLEUM CORP's revenue has grown 34.6% per year. These are computed facts, not advice.
How much debt does EP have?
As of FY2025, EMPIRE PETROLEUM CORP reported — of total debt against $1M of cash; operating income covered interest expense -46.1×.
What is EP's profit margin?
In FY2025, gross margin was —, operating margin -208.5%, and net margin -210.7%.
What is EP's P/E ratio?
As of Jun '26, EMPIRE PETROLEUM CORP traded at a price-to-earnings ratio of about 61.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.