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

Granite Ridge Resources' Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 0.39 for Q1 2026.

• Quarterly Asset Utilization Ratio fell 1.03% year-over-year to 0.39 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.39 (down 1.03% YoY) and the FY2025 annual result came in at 0.41, up 5.54% from the prior year.
• Asset Utilization Ratio was 0.39 for Q1 2026 at Granite Ridge Resources, down from 0.39 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.78 in Q4 2022 and bottomed at 0.37 in Q4 2024.
• A 5-year average of 0.45 and a median of 0.4 in 2024 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 45.42% — and 2025, when it climbed 7.56%.
• Granite Ridge Resources' Asset Utilization Ratio stood at 0.78 in 2022, then slumped by 45.42% to 0.43 in 2023, then declined by 14.02% to 0.37 in 2024, then grew by 6.92% to 0.39 in 2025, then slipped by 1.61% to 0.39 in 2026.
• Business Quant data shows GRNT's Asset Utilization Ratio at 0.39 in Q1 2026, 0.39 in Q4 2025, and 0.4 in Q3 2025.