Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026)
Granite Ridge Resources (GRNT) posted EBIT Margin of 11.58% for Q1 2026, up 133.51% on a QoQ basis from 34.54% in Q4 2025, and down 2302.0% year-over-year from 0.53% in Q1 2025.
Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources' EBIT Margin history runs 6 years deep, the most recent figure standing at 11.58% for Q1 2026.
- Quarterly EBIT Margin fell 2302.0% year-over-year to 11.58% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.11% (down 1574.0% YoY) and the FY2025 annual result came in at 10.31%, down 528.0% from the prior year.
- EBIT Margin was 11.58% for Q1 2026 at Granite Ridge Resources, up from 34.54% in the prior quarter.
- Across five years, EBIT Margin topped out at 66.12% in Q2 2022 and bottomed at 34.54% in Q4 2025.
- A 5-year average of 26.52% and a median of 26.24% in 2024 frame the typical range for EBIT Margin.
- Annual changes were most pronounced in 2023 — EBIT Margin plunged 5053 bps — and 2025, when it jumped 1257 bps.
- Granite Ridge Resources' EBIT Margin stood at 54.96% in 2022, then plunged by 92 bps to 4.43% in 2023, then slumped by 247 bps to 6.51% in 2024, then tumbled by 431 bps to 34.54% in 2025, then jumped by 134 bps to 11.58% in 2026.
- Business Quant data shows GRNT's EBIT Margin at 11.58% in Q1 2026, 34.54% in Q4 2025, and 17.39% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 45.70% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 37.54% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 2.74% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.36% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 21.77% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 76.99% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.68% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 34.82% |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | 11.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.58% |
| Dec 31, 2025 | -34.54% |
| Sep 30, 2025 | 17.39% |
| Jun 30, 2025 | 18.98% |
| Mar 31, 2025 | 34.60% |
| Dec 31, 2024 | -6.51% |
| Sep 30, 2024 | 26.24% |
| Jun 30, 2024 | 24.14% |
| Mar 31, 2024 | 22.03% |
| Dec 31, 2023 | 4.43% |
| Sep 30, 2023 | 30.08% |
| Jun 30, 2023 | 27.26% |
| Mar 31, 2023 | 32.19% |
| Dec 31, 2022 | 54.96% |
| Sep 30, 2022 | 56.58% |
| Jun 30, 2022 | 66.12% |
| Mar 31, 2022 | 65.39% |
| Dec 31, 2021 | 45.76% |
| Sep 30, 2021 | 57.49% |