Granite Ridge Resources (GRNT) EBITDA Margin (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly EBITDA Margin came in at 54.44% in Q1 2026, down 1957.0% YoY from 2.93% in Q1 2025, and up 167.62% on a QoQ basis from 20.34% in Q4 2025.
Granite Ridge Resources (GRNT) EBITDA Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of EBITDA Margin data on file, last reported at 54.44% in Q1 2026.
- Quarterly EBITDA Margin fell 1957.0% year-over-year to 54.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 52.89% (down 1142.0% YoY) and the FY2025 annual result came in at 58.21%, down 383.0% from the prior year.
- EBITDA Margin improved to 54.44% in Q1 2026, from 20.34% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 87.02% in Q2 2022 to a low of 20.34% in Q4 2025.
- A 5-year average of 65.77% and a median of 69.26% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin surged 2781 bps — and 2023, when it slumped 2460 bps.
- Tracing GRNT's EBITDA Margin over 5 years: stood at 73.57% in 2022, then slumped by 33 bps to 48.97% in 2023, then retreated by 18 bps to 40.38% in 2024, then sank by 50 bps to 20.34% in 2025, then soared by 168 bps to 54.44% in 2026.
- The last three EBITDA Margin figures came in at 54.44% (Q1 2026), 20.34% (Q4 2025), and 67.04% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 53.17% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 84.71% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 40.93% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 45.16% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 32.14% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 91.41% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 39.52% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 21.77% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 79.91% |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 61.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.42% |
| Mar 31, 2026 | 54.44% |
| Dec 31, 2025 | 20.34% |
| Sep 30, 2025 | 67.04% |
| Jun 30, 2025 | 67.89% |
| Mar 31, 2025 | 74.01% |
| Dec 31, 2024 | 40.38% |
| Sep 30, 2024 | 73.17% |
| Jun 30, 2024 | 70.02% |
| Mar 31, 2024 | 68.03% |
| Dec 31, 2023 | 48.97% |
| Sep 30, 2023 | 70.91% |
| Jun 30, 2023 | 67.20% |
| Mar 31, 2023 | 69.26% |
| Dec 31, 2022 | 73.57% |
| Sep 30, 2022 | 83.27% |
| Jun 30, 2022 | 87.02% |
| Mar 31, 2022 | 82.57% |
| Dec 31, 2021 | 45.76% |
| Sep 30, 2021 | 57.49% |