Granite Ridge Resources (GRNT) EV to EBIT (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly EV to EBIT came in at 14.86 in Q2 2026, down 62.65% on a YoY basis from 39.79 in Q2 2025, and down 70.83% quarter-over-quarter from 50.95 in Q1 2026.
Analysis
Granite Ridge Resources (GRNT) EV to EBIT (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has reported EV to EBIT for 6 consecutive years, with 14.86 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBIT fell 62.65% year-over-year to 14.86; the trailing twelve-month figure through Jun 2026 stood at 14.5 (up 57.97% YoY), and the FY2025 full-year result was 13.01, down 5.21% from the prior year.
- EV to EBIT retreated to 14.86 in Q2 2026 per GRNT's latest filing, from 50.95 in the prior quarter.
- Across five years, EV to EBIT topped out at 155.5 in Q4 2023 and bottomed at 117.59 in Q4 2024.
- Historically, EV to EBIT has averaged 24.7 across 5 years, with a median of 25.41 in 2023.
- The sharpest annual moves came in 2023 and 2024: EV to EBIT surged 770.56% in 2023, then tumbled 175.62% in 2024.
- Over 5 years, EV to EBIT stood at 17.86 in 2022, then jumped by 770.56% to 155.5 in 2023, then sank by 175.62% to 117.59 in 2024, then jumped by 85.91% to 16.57 in 2025, then soared by 189.68% to 14.86 in 2026.
- According to Business Quant data, EV to EBIT over the past three periods registered 14.86, 50.95, and 16.57 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn |
| 10 | Granite Ridge Resources | 667.76 Mn | 622.77 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.86 |
| Mar 31, 2026 | 50.95 |
| Dec 31, 2025 | -16.57 |
| Sep 30, 2025 | 35.66 |
| Jun 30, 2025 | 39.79 |
| Mar 31, 2025 | 18.23 |
| Dec 31, 2024 | -117.59 |
| Sep 30, 2024 | 30.34 |
| Jun 30, 2024 | 35.55 |
| Mar 31, 2024 | 40.38 |
| Dec 31, 2023 | 155.50 |
| Sep 30, 2023 | 24.82 |
| Jun 30, 2023 | 37.03 |
| Mar 31, 2023 | 26.01 |
| Dec 31, 2022 | 17.86 |
| Sep 30, 2022 | 17.03 |
| Jun 30, 2022 | 13.37 |
| Mar 31, 2022 | 21.34 |
| Dec 31, 2021 | 19.13 |