Granite Ridge Resources (GRNT) EBITDA Margin (2021 - 2026)
Granite Ridge Resources (GRNT) reported EBITDA Margin of 54.22% for Q1 2026, down 1959.0% on a YoY basis from 2.92% in Q1 2025, and up 169.03% quarter-over-quarter from 20.16% in Q4 2025.
Granite Ridge Resources (GRNT) EBITDA Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported EBITDA Margin for 6 years, with the latest figure at 54.22% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 1959.0% year-over-year to 54.22%; the trailing twelve-month figure through Mar 2026 stood at 52.68% (down 1145.0% YoY), and the FY2025 full-year result was 58.01%, down 382.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 54.22%, up from 20.16% in the prior quarter.
- The five-year high for EBITDA Margin was 86.82% in Q2 2022, with the low at 20.16% in Q4 2025.
- Historically, EBITDA Margin has averaged 65.68% across 5 years, with a median of 69.26% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin surged 2777 bps — and 2023, when it plunged 2419 bps.
- Granite Ridge Resources' EBITDA Margin stood at 73.52% in 2022, then sank by 33 bps to 49.33% in 2023, then declined by 19 bps to 40.15% in 2024, then slumped by 50 bps to 20.16% in 2025, then surged by 169 bps to 54.22% in 2026.
- The last three EBITDA Margin figures came in at 54.22% (Q1 2026), 20.16% (Q4 2025), and 66.82% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA 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 | - | 28.62% |
| 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 | -30.08% |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | 54.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.22% |
| Dec 31, 2025 | 20.16% |
| Sep 30, 2025 | 66.82% |
| Jun 30, 2025 | 67.69% |
| Mar 31, 2025 | 73.81% |
| Dec 31, 2024 | 40.15% |
| Sep 30, 2024 | 72.90% |
| Jun 30, 2024 | 70.02% |
| Mar 31, 2024 | 68.03% |
| Dec 31, 2023 | 49.33% |
| Sep 30, 2023 | 70.76% |
| Jun 30, 2023 | 67.20% |
| Mar 31, 2023 | 69.26% |
| Dec 31, 2022 | 73.52% |
| Sep 30, 2022 | 83.27% |
| Jun 30, 2022 | 86.82% |
| Mar 31, 2022 | 82.57% |
| Dec 31, 2021 | 45.76% |
| Sep 30, 2021 | 57.49% |