Granite Ridge Resources (GRNT) Equity Ratio (2021 - 2026)

Granite Ridge Resources (GRNT) reported Equity Ratio of 0.46 for Q1 2026, down 21.29% on a YoY basis from 0.58 in Q1 2025, and down 11.87% quarter-over-quarter from 0.52 in Q4 2025.

Granite Ridge Resources (GRNT) Equity Ratio (2021 - 2026) Analysis & Trends

Granite Ridge Resources has reported Equity Ratio for 6 years, with the latest figure at 0.46 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 21.29% year-over-year to 0.46; the trailing twelve-month figure through Mar 2026 stood at 0.46 (down 21.29% YoY), and the FY2025 full-year result was 0.52, down 15.4% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.46, down from 0.52 in the prior quarter.
  • The five-year high for Equity Ratio was 1.38 in Q3 2022, with the low at 0.46 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.7 across 5 years, with a median of 0.67 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio slipped 3.7% — and 2023, when it sank 48.93%.
  • Granite Ridge Resources' Equity Ratio stood at 0.84 in 2022, then fell by 13.32% to 0.72 in 2023, then declined by 15.39% to 0.61 in 2024, then dropped by 15.4% to 0.52 in 2025, then declined by 11.87% to 0.46 in 2026.
  • The last three Equity Ratio figures came in at 0.46 (Q1 2026), 0.52 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.54
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.53
4 Eog Resources 72.93 Bn 69.08 Bn - 0.58
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.49
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.52
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.69
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Granite Ridge Resources 626.98 Mn 572.76 Mn - 0.46

Historic Data

Download Data
DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.52
Sep 30, 2025 0.57
Jun 30, 2025 0.58
Mar 31, 2025 0.58
Dec 31, 2024 0.61
Sep 30, 2024 0.64
Jun 30, 2024 0.67
Mar 31, 2024 0.70
Dec 31, 2023 0.72
Sep 30, 2023 0.71
Jun 30, 2023 0.75
Mar 31, 2023 0.75
Dec 31, 2022 0.84
Sep 30, 2022 1.38
Dec 31, 2021 0.87