Evolution Petroleum Corporation (EPM) Key Metrics
EPM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $149.0M
- Enterprise value
- $195.4M
- P/E (TTM)
- — 10-yr median 16.1
- Forward P/E
- 59.9
- PEG ratio
- 0.69
- Price / sales
- 1.7 10-yr median 2.6
- Price / book
- 2.4 10-yr median 2.7
- EV / EBITDA
- 8.3 10-yr median 7.6
- Dividend yield
- 12.94% $0.48 a year
- Beta
- 0.48
EPM key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsEPM valuation Price multiples at each fiscal year-end price.
EPM returns How much profit the business earns on the capital it uses.
EPM per-share figures Results divided by the shares outstanding at year-end.
EPM financial health Debt, liquidity and how easily interest is covered.
EPM efficiency & capital use Working capital cycle and where the cash goes.
EPM valuation history
EPM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EPM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EPM cash returned to shareholders
EPM price vs earnings per share
EPM key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $126.0M | $156.6M | $173.4M | $267.8M | $181.9M | $162.4M | $92.5M | $237.2M | $326.8M | $268.2M |
| Enterprise value | $176.9M | $191.7M | $206.6M | $257.0M | $194.8M | $161.2M | $73.0M | $205.6M | $301.9M | $245.2M |
| P/E ratio | — | 106.3 | 42.5 | 7.6 | 5.6 | — | 15.6 | 15.4 | 16.7 | 33.3 |
| Price / sales | 1.5 | 1.8 | 2.0 | 2.1 | 1.7 | 5.0 | 3.1 | 5.5 | 7.9 | 7.8 |
| Price / book | 2.1 | 2.2 | 2.1 | 2.9 | 2.4 | 3.0 | 1.2 | 3.0 | 4.2 | 3.9 |
| Price / free cash flow | — | 13.7 | — | 6.0 | — | — | 69.3 | 13.7 | 19.4 | 42.6 |
| Price / operating cash flow | 5.4 | 4.7 | 7.6 | 5.2 | 3.5 | 34.3 | 7.5 | 9.9 | 15.9 | 16.3 |
| EV / sales | 2.0 | 2.2 | 2.4 | 2.0 | 1.8 | 4.9 | 2.5 | 4.8 | 7.3 | 7.1 |
| EV / EBITDA | 6.7 | 7.1 | 7.6 | 4.3 | 3.9 | — | 7.6 | 8.1 | 13.5 | 13.1 |
| EV / free cash flow | — | 16.8 | — | 5.8 | — | — | 54.7 | 11.9 | 17.9 | 38.9 |
| Earnings yield | −1.9% | 0.9% | 2.4% | 13.1% | 17.9% | −10.1% | 6.4% | 6.5% | 6.0% | 3.0% |
| Free cash flow yield | −5.4% | 7.3% | −15.5% | 16.5% | −1.3% | −8.6% | 1.4% | 7.3% | 5.2% | 2.3% |
| Dividend yield | 13.4% | 10.4% | 9.3% | 6.0% | 6.5% | 2.7% | 11.6% | 5.6% | 3.5% | 3.2% |
| Shareholder yield (dividends + buybacks) | 13.6% | 10.7% | 9.9% | 7.6% | 6.5% | 2.7% | 14.3% | 5.7% | 3.7% | 6.4% |
| Share price at fiscal year-end | $3.68 | $4.70 | $5.27 | $8.07 | $5.46 | $4.96 | $2.80 | $7.15 | $9.85 | $8.10 |
| Per share | ||||||||||
| Revenue per share | $2.52 | $2.58 | $2.61 | $3.87 | $3.27 | $1.00 | $0.90 | $1.30 | $1.24 | $1.04 |
| Earnings per share | −$0.07 | $0.04 | $0.12 | $1.06 | $0.98 | −$0.50 | $0.18 | $0.46 | $0.59 | $0.24 |
| Operating cash flow per share | $0.69 | $0.99 | $0.69 | $1.54 | $1.58 | $0.14 | $0.38 | $0.73 | $0.62 | $0.50 |
| Free cash flow per share | −$0.20 | $0.34 | −$0.82 | $1.33 | −$0.07 | −$0.43 | $0.04 | $0.52 | $0.51 | $0.19 |
| Cash per share | $0.18 | $0.08 | $0.20 | $0.33 | $0.25 | $0.16 | $0.60 | $0.95 | $0.75 | $0.70 |
| Book value per share | $1.76 | $2.16 | $2.47 | $2.77 | $2.27 | $1.67 | $2.24 | $2.42 | $2.33 | $2.07 |
| Tangible book value per share | $1.76 | $2.16 | $2.47 | $2.77 | $2.27 | $1.67 | $2.24 | $2.41 | $2.33 | $2.07 |
| Dividends per share | $0.49 | $0.49 | $0.49 | $0.49 | $0.35 | $0.13 | $0.33 | $0.40 | $0.35 | $0.26 |
| Capex per share | $0.88 | $0.65 | $1.51 | $0.21 | $1.65 | $0.57 | $0.33 | $0.20 | $0.11 | $0.31 |
| Debt per share | $1.66 | $1.13 | $1.21 | $0.01 | $0.64 | $0.12 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 34.3M | 33.3M | 32.9M | 33.2M | 33.3M | 32.7M | 33.0M | 33.2M | 33.2M | 33.1M |
| Change in shares outstanding | +2.8% | +1.3% | −0.9% | −0.3% | +1.7% | −0.9% | −0.4% | −0.0% | +0.2% | +0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −3.7% | 1.9% | 4.7% | 42.0% | 50.2% | −25.5% | 7.7% | 19.5% | 26.9% | 11.1% |
| Return on invested capital (ROIC) | 2.5% | 3.0% | 6.0% | 41.3% | 50.7% | −30.4% | 7.2% | 28.5% | 33.2% | 18.3% |
| Return on assets (ROA) | −1.5% | 0.9% | 2.8% | 25.1% | 29.0% | −19.5% | 6.3% | 16.2% | 21.6% | 8.7% |
| Return on tangible assets | −1.4% | 0.9% | 2.5% | 26.5% | 22.0% | −21.4% | 6.4% | 16.1% | 21.0% | 9.1% |
| Free cash flow margin | −7.8% | 13.3% | −31.3% | 34.5% | −2.2% | −42.9% | 4.5% | 40.0% | 40.8% | 18.3% |
| Income quality (OCF / net income) | — | 22.44 | 5.57 | 1.46 | 1.61 | — | 2.09 | 1.56 | 1.05 | 2.05 |
| Financial health | ||||||||||
| Total debt | $56.9M | $37.6M | $39.7M | $184,000 | $21.3M | $4.1M | $139,268 | $0 | $0 | $0 |
| Cash & short-term investments | $6.1M | $2.5M | $6.4M | $11.0M | $8.3M | $5.3M | $19.7M | $31.6M | $24.9M | $23.0M |
| Net debt | $50.8M | $35.1M | $33.2M | −$10.8M | $13.0M | −$1.2M | −$19.5M | −$31.6M | −$24.9M | −$23.0M |
| Debt / equity | 0.94 | 0.52 | 0.49 | 0.00 | 0.28 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.34 | 0.23 | 0.24 | 0.00 | 0.14 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net debt / EBITDA | 1.93 | 1.31 | 1.23 | −0.18 | 0.26 | — | −2.03 | −1.25 | −1.11 | −1.23 |
| Current ratio | 0.92 | 0.81 | 1.37 | 1.73 | 1.20 | 2.75 | 5.92 | 12.78 | 7.26 | 9.62 |
| Quick ratio | 0.92 | 0.81 | 1.40 | 1.73 | 1.11 | 2.75 | 5.92 | 12.78 | 6.64 | 9.62 |
| Interest coverage | 0.9 | 1.4 | 5.4 | 98.5 | 79.3 | -201.4 | 33.3 | 151.3 | 146.3 | 157.5 |
| Working capital | −$1.8M | −$4.0M | $5.9M | $8.9M | $6.1M | $11.5M | $21.0M | $32.4M | $27.7M | $23.4M |
| Invested capital | $111.2M | $106.9M | $114.3M | $81.2M | $88.5M | $53.4M | $54.6M | $48.6M | $52.4M | $45.4M |
| Tangible asset value | $60.4M | $71.8M | $81.1M | $92.1M | $75.5M | $54.6M | $74.1M | $80.1M | $77.2M | $68.4M |
| Net current asset value | −$87.8M | −$71.1M | −$60.0M | −$19.4M | −$36.2M | −$4.0M | $7.3M | $19.5M | $15.8M | $6.3M |
| Graham number | — | $1.46 | $2.62 | $8.14 | $7.07 | — | $3.01 | $5.02 | $5.57 | $3.36 |
| Graham net-net per share | −$2.74 | −$2.33 | −$2.04 | −$0.71 | −$1.35 | −$0.24 | $0.09 | $0.55 | $0.39 | $0.16 |
| Capital allocation | ||||||||||
| Dividends paid | $16.9M | $16.3M | $16.0M | $16.1M | $11.8M | $4.3M | $10.7M | $13.3M | $11.6M | $8.7M |
| Share buybacks (net) | $225,000 | $442,000 | $1.1M | $4.2M | $38,000 | $7,347 | $2.5M | $156,791 | $571,083 | $8.4M |
| Dividend payout ratio | — | — | 393.1% | 45.7% | 36.2% | — | 180.9% | 86.3% | 59.1% | 107.9% |
| Dividends + buybacks / free cash flow | — | 147.1% | — | 45.8% | — | — | 991.2% | 77.6% | 72.3% | 271.1% |
| Capex / revenue | 35.1% | 25.2% | 57.8% | 5.4% | 50.4% | 57.4% | 37.4% | 15.6% | 9.0% | 29.6% |
| Capex / operating cash flow | 128.7% | 65.5% | 218.4% | 13.6% | 104.6% | 396.6% | 89.2% | 28.1% | 18.0% | 61.8% |
| Capex / depreciation | 1.33 | 0.98 | 2.47 | 0.62 | 6.81 | 0.61 | 1.55 | 1.08 | 0.60 | 1.76 |
| Stock-based compensation / revenue | 2.7% | 2.9% | 2.5% | 1.3% | 0.1% | 3.8% | 4.3% | 2.1% | 3.3% | 3.4% |
| SG&A / revenue | 11.3% | 12.0% | 11.2% | 7.5% | 6.3% | 20.7% | 17.8% | 11.7% | 16.4% | 14.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 46.9 | 47.2 | 40.6 | 45.4 | 60.1 | 76.5 | 31.4 | 30.0 | 29.5 | 28.4 |
| Days of inventory on hand | — | — | -0.9 | 6.6 | 17.0 | — | — | — | 27.6 | — |
| Days payables outstanding | 66.7 | 54.3 | 38.7 | 52.8 | 67.4 | 60.0 | 33.9 | 49.1 | 55.5 | 87.2 |
| Cash conversion cycle (days) | -19.8 | -7.0 | 0.9 | -0.8 | 9.7 | 16.5 | -2.6 | -19.0 | 1.6 | -57.5 |
| Receivables turnover | 7.78 | 7.73 | 9.00 | 8.04 | 6.07 | 4.77 | 11.64 | 12.16 | 12.38 | 12.86 |
| Payables turnover | 5.47 | 6.73 | 9.42 | 6.91 | 5.42 | 6.08 | 10.75 | 7.44 | 6.58 | 4.19 |
| Inventory turnover | — | — | — | 55.70 | 21.52 | — | — | — | 13.23 | — |
| Asset turnover | 0.52 | 0.53 | 0.58 | 0.92 | 0.97 | 0.39 | 0.32 | 0.46 | 0.45 | 0.37 |
| Average receivables | $11.1M | $11.1M | $9.5M | $16.0M | $17.9M | $6.9M | $2.5M | $3.6M | $3.3M | $2.7M |
| Average payables | $13.4M | $10.6M | $7.1M | $10.5M | $10.4M | $3.5M | $1.8M | $2.8M | $2.8M | $4.0M |
| Average inventory | — | — | −$173,500 | $1.3M | $2.6M | — | — | — | $1.4M | $59,726 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.1% |
Computed from EPM's annual financial statements (latest annual report filed September 16, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EPM valuation and financial ratios
Evolution Petroleum earned a return on equity of −3.7% and a return on invested capital of 2.5% in fiscal 2026. It ended the year with $56.9 million of debt and $6.1 million in cash and short-term investments, net debt of $50.8 million. It returned $17.2 million to shareholders: $16.9 million in dividends and $0.2 million in share buybacks. The share count rose 3.4% from 33.1M to 34.3M over 9 years.
See the EPM income statement, the EPM chart for price history, or the EPM stock overview for the latest quote and news.
EPM key metrics FAQ
What is Evolution Petroleum's EV/EBITDA?
Evolution Petroleum's enterprise value was 6.7 times EBITDA at the end of fiscal 2026 (enterprise value $176.9 million, EBITDA $26.3 million); the current EV/EBITDA is 8.3.
What is Evolution Petroleum's return on equity?
Evolution Petroleum's return on equity (ROE) was −3.7% in fiscal 2026: net income of -$2.4 million on average shareholders' equity of $66.1 million.
What is Evolution Petroleum's ROIC?
Evolution Petroleum's return on invested capital was 2.5% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Evolution Petroleum have?
Evolution Petroleum had total debt of $56.9 million at the end of fiscal 2026, a debt-to-equity ratio of 0.94 and $50.8 million of net debt (1.93 times EBITDA).
What is Evolution Petroleum's dividend yield?
Evolution Petroleum's forward dividend yield is 12.94%. Evolution Petroleum paid $16.9 million in dividends in fiscal 2026 ($0.49 per share), a payout ratio of —.
Does Evolution Petroleum buy back its shares?
Yes. Evolution Petroleum spent $0.2 million on net share repurchases in fiscal 2026 Shares outstanding changed +2.8% over the year, to 34.3M..
What is Evolution Petroleum's free cash flow yield?
Evolution Petroleum generated -$6.8 million of free cash flow in fiscal 2026, a free cash flow yield of −5.4% on its market value at year-end ($126.0 million).
What is Evolution Petroleum's current ratio?
Evolution Petroleum's current ratio was 0.92 at the end of fiscal 2026: current assets were 0.92 times current liabilities.