Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026)
Granite Ridge Resources (GRNT) posted EBIT Margin of 26.14% for Q2 2026, up 7.15 percentage points from 18.98% a year earlier and up 14.56 percentage points from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) EBIT Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Granite Ridge Resources was 7.47%, down 11.27 percentage points year-over-year; for FY2025, it was 10.31%, down 5.28 percentage points from FY2024.
- Annual EBIT Margin has declined for three consecutive years, though with a five-year change of +50.60 percentage points (FY2020 to FY2025).
- In prior years, Granite Ridge Resources' EBIT Margin was 15.59% in FY2024 (-7.40 pp), 22.99% in FY2023 (-37.76 pp), 60.74% in FY2022 (+11.38 pp) and 49.36% in FY2021 (+89.65 pp).
- The Q2 2026 figure stands as the highest quarterly EBIT Margin since Q1 2025.
- On a year-over-year basis, EBIT Margin increased in two of the last eight quarters, with an average year-over-year change of -7.51 percentage points.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q1 2025, with a gain of 12.57 percentage points; the weakest was Q4 2023, with a drop of 50.53 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 11.58% (Q1 2026), -34.54% (Q4 2025) and 17.39% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 28.46% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | -28.44% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 5.19% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 36.94% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | -74.35% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 41.56% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 30.46% |
| 10 | Granite Ridge Resources | 567.17 Mn | 527.00 Mn | - | 26.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.14% |
| 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% |
API Access
Granite Ridge Resources EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "GRNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();