Granite Ridge Resources (GRNT) Asset Utilization Ratio (2022 - 2025)
Granite Ridge Resources (GRNT) has disclosed Asset Utilization Ratio for 4 consecutive years, with 0.4 as the latest value for Q3 2025.
- For the quarter ending Q3 2025, Asset Utilization Ratio rose 7.56% year-over-year to 0.4, compared with a TTM value of 0.4 through Sep 2025, up 7.56%, and an annual FY2024 reading of 0.39, down 15.43% over the prior year.
- Asset Utilization Ratio was 0.4 for Q3 2025 at Granite Ridge Resources, up from 0.39 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.77 in Q4 2022 and bottomed at 0.37 in Q4 2024.
- Average Asset Utilization Ratio over 4 years is 0.46, with a median of 0.41 recorded in 2024.
- The sharpest move saw Asset Utilization Ratio crashed 44.82% in 2023, then grew 7.56% in 2025.
- Year by year, Asset Utilization Ratio stood at 0.77 in 2022, then plummeted by 44.82% to 0.43 in 2023, then decreased by 14.02% to 0.37 in 2024, then increased by 10.14% to 0.4 in 2025.
- Business Quant data shows Asset Utilization Ratio for GRNT at 0.4 in Q3 2025, 0.39 in Q2 2025, and 0.39 in Q1 2025.