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

Granite Ridge Resources (GRNT) posted Debt Ratio of 0.38 for Q1 2026, up 14.91% on a QoQ basis from 0.33 in Q4 2025, and up 64.89% year-over-year from 0.23 in Q1 2025.

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

Granite Ridge Resources' Debt Ratio history runs 5 years deep, the most recent figure standing at 0.38 for 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 was 0.38 for Q1 2026 at Granite Ridge Resources, up from 0.33 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.38 in Q1 2026 and bottomed at 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%.
  • Granite Ridge Resources' Debt Ratio stood at 0.12 in 2023, then surged by 66.7% to 0.2 in 2024, then jumped by 66.79% to 0.33 in 2025, then increased by 14.91% to 0.38 in 2026.
  • Business Quant data shows GRNT's Debt Ratio at 0.38 in Q1 2026, 0.33 in Q4 2025, and 0.27 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.19
2 Eog Resources 74.61 Bn 70.76 Bn - 0.15
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.20
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.19
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.14
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.26
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.20
10 Granite Ridge Resources 602.16 Mn 575.76 Mn - 0.38

Historic Data

Download Data
DateValue
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