Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026)

Granite Ridge Resources (GRNT) reported EBIT Margin of 11.58% for Q1 2026, down 2302.0% on a YoY basis from 0.53% in Q1 2025, and up 133.51% quarter-over-quarter from 34.54% in Q4 2025.

Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026) Analysis & Trends

Granite Ridge Resources has reported EBIT Margin for 6 years, with the latest figure at 11.58% in Q1 2026.

  • For the quarter ending Q1 2026, EBIT Margin fell 2302.0% year-over-year to 11.58%; the trailing twelve-month figure through Mar 2026 stood at 4.11% (down 1574.0% YoY), and the FY2025 full-year result was 10.31%, down 528.0% from the prior year.
  • EBIT Margin for Q1 2026 stood at 11.58%, up from 34.54% in the prior quarter.
  • The five-year high for EBIT Margin was 66.12% in Q2 2022, with the low at 34.54% in Q4 2025.
  • Historically, EBIT Margin has averaged 26.52% across 5 years, with a median of 26.24% in 2024.
  • Annual changes were most pronounced in 2023 — EBIT Margin sank 5053 bps — and 2025, when it jumped 1257 bps.
  • Granite Ridge Resources' EBIT Margin stood at 54.96% in 2022, then slumped by 92 bps to 4.43% in 2023, then plunged by 247 bps to 6.51% in 2024, then sank by 431 bps to 34.54% in 2025, then surged by 134 bps to 11.58% in 2026.
  • The last three EBIT Margin figures came in at 11.58% (Q1 2026), 34.54% (Q4 2025), and 17.39% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 72.10%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 45.70%
4 Eog Resources 72.93 Bn 69.08 Bn - 37.54%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 71.82%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 2.74%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 24.92%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 60.26%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 71.27%
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - 11.58%

Historic Data

Download Data
DateValue
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%