Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026)

Granite Ridge Resources (GRNT) reported Debt Ratio of 0.36 for Q1 2026, up 46.22% on a YoY basis from 0.24 in Q1 2025, and up 8.25% quarter-over-quarter from 0.33 in Q4 2025.

Granite Ridge Resources (GRNT) Debt Ratio (2021 - 2026) Analysis & Trends

Granite Ridge Resources has reported Debt Ratio for 6 years, with the latest figure at 0.36 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 46.22% year-over-year to 0.36; the trailing twelve-month figure through Mar 2026 stood at 0.36 (up 46.22% YoY), and the FY2025 full-year result was 0.33, up 65.32% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.36, up from 0.33 in the prior quarter.
  • The five-year high for Debt Ratio was 0.36 in Q1 2026, with the low at 0.0 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.16 across 5 years, with a median of 0.17 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio plunged 96.45% — and 2023, when it jumped 21779.24%.
  • Granite Ridge Resources' Debt Ratio stood at 0.0 in 2022, then surged by 21779.24% to 0.12 in 2023, then surged by 68.18% to 0.2 in 2024, then soared by 65.32% to 0.33 in 2025, then grew by 8.25% to 0.36 in 2026.
  • The last three Debt Ratio figures came in at 0.36 (Q1 2026), 0.33 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.17
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.19
4 Eog Resources 72.93 Bn 69.08 Bn - 0.15
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.19
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.20
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 0.34
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.02
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 44.08
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.33
Sep 30, 2025 0.27
Jun 30, 2025 0.25
Mar 31, 2025 0.24
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 0.10
Jun 30, 2023 0.06
Mar 31, 2023 0.03
Dec 31, 2022 0.00
Sep 30, 2022 0.00
Dec 31, 2021 0.02