Granite Ridge Resources (GRNT) Asset Utilization Ratio (2022 - 2026)

Granite Ridge Resources has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.39 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 1.03% year-over-year to 0.39; the trailing twelve-month figure through Mar 2026 stood at 0.39 (down 1.03% YoY), and the FY2025 full-year result was 0.41, up 5.54% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.39, down from 0.39 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.77 in Q4 2022, with the low at 0.37 in Q4 2024.
• Historically, Asset Utilization Ratio has averaged 0.45 across 5 years, with a median of 0.4 in 2024.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 44.82% — and 2025, when it rose 7.56%.
• Granite Ridge Resources' Asset Utilization Ratio stood at 0.77 in 2022, then sank by 44.82% to 0.43 in 2023, then slipped by 14.02% to 0.37 in 2024, then advanced by 6.92% to 0.39 in 2025, then retreated by 1.61% to 0.39 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.39 (Q1 2026), 0.39 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.