Reserve Petroleum Co. (RSRV) intrinsic value & 10-year financials

Reserve Petroleum Co. (RSRV) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 11.5% a year to $16.7M, with an average return on invested capital of 2.6%.

Graham intrinsic value
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Share price (Oct 17, 2026)
$226.00
Revenue (FY2025)
$16.7M
Revenue growth (10-yr CAGR)
11.5%
ROIC (10-yr avg)
2.6%
Free cash flow (FY2025)
—

RSRV 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $16.7M $4.9M — — 25.7% 10.6%
FY2024 $15.1M $2.0M — — 16.0% 6.3%
FY2023 $12.5M -$55.6K — — -10.2% -2.0%
FY2022 $14.9M $4.0M — — 43.2% 16.3%
FY2021 $9.0M $1.3M — — 7.1% 2.2%
FY2020 $4.0M -$2.0M — — -79.0% -8.1%
FY2019 $6.5M -$266.8K — — -15.5% -1.7%
FY2018 $7.8M $2.3M — — 25.2% 5.1%
FY2017 $6.1M $685.7K — — -8.5% -1.6%
FY2016 $6.3M -$84.2K — — -9.2% -0.9%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

RESERVE PETROLEUM CO is a consistent compounder, expanding top-line revenue at 11.5% annually over the past decade.

RESERVE PETROLEUM CO has historically struggled to out-earn its cost of capital, averaging just 2.6% ROIC.

RESERVE PETROLEUM CO capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, RESERVE PETROLEUM CO is modeled at 11.5% normalized earnings growth with a 5.1% bond-yield adjustment.

RSRV stock: frequently asked questions

How fast has Reserve Petroleum Co. grown?

Revenue went from $6.3M in fiscal 2016 to $16.7M in fiscal 2025, a compound annual growth rate of 11.5%. Net income was $4.9M in fiscal 2025.

What is RSRV's return on invested capital?

Average ROIC over the last 10 fiscal years was 2.6%, and average return on equity was 4.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this RSRV data come from?

From Reserve Petroleum Co.'s annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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