Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Debt Ratio came in at 0.38 in Q1 2026, up 64.89% YoY from 0.23 in Q1 2025, and up 14.91% on a QoQ basis from 0.33 in Q4 2025.
Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 5 years of Debt Ratio data on file, last reported at 0.38 in Q1 2026.
- Quarterly Debt Ratio rose 64.89% year-over-year to 0.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.38 (up 64.89% YoY) and the FY2025 annual result came in at 0.33, up 66.79% from the prior year.
- Debt Ratio advanced to 0.38 in Q1 2026, from 0.33 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.38 in Q1 2026 to a low of 0.03 in Q1 2023.
- A 4-year average of 0.19 and a median of 0.19 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2024 — Debt Ratio jumped 387.07% — and 2025, when it surged 41.21%.
- Tracing GRNT's Debt Ratio over 4 years: stood at 0.12 in 2023, then soared by 66.7% to 0.2 in 2024, then surged by 66.79% to 0.33 in 2025, then climbed by 14.91% to 0.38 in 2026.
- The last three Debt Ratio figures came in at 0.38 (Q1 2026), 0.33 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.18 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.40 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2021 | 0.09 |