Granite Ridge Resources (GRNT) Interest Coverage Ratio (2021 - 2026)
Granite Ridge Resources (GRNT) posted Interest Coverage Ratio of 1.44 for Q1 2026, up 133.57% on a QoQ basis from 4.29 in Q4 2025, and down 83.03% year-over-year from 8.48 in Q1 2025.
Granite Ridge Resources (GRNT) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Granite Ridge Resources' Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 1.44 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 83.03% year-over-year to 1.44 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.61 (down 87.92% YoY) and the FY2025 annual result came in at 1.82, down 43.26% from the prior year.
- Interest Coverage Ratio was 1.44 for Q1 2026 at Granite Ridge Resources, up from 4.29 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 224.33 in Q4 2022 and bottomed at 10.25 in Q4 2024.
- A 5-year average of 46.47 and a median of 6.21 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 384.74% — and 2024, when it sank 622.27%.
- Granite Ridge Resources' Interest Coverage Ratio stood at 224.33 in 2022, then tumbled by 99.13% to 1.96 in 2023, then slumped by 622.27% to 10.25 in 2024, then jumped by 58.17% to 4.29 in 2025, then surged by 133.57% to 1.44 in 2026.
- Business Quant data shows GRNT's Interest Coverage Ratio at 1.44 in Q1 2026, 4.29 in Q4 2025, and 3.23 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 24.33 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 31.68 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 1.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.04 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.22 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.85 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 1.09 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 15.31 |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | 1.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.44 |
| Dec 31, 2025 | -4.29 |
| Sep 30, 2025 | 3.23 |
| Jun 30, 2025 | 3.51 |
| Mar 31, 2025 | 8.48 |
| Dec 31, 2024 | -10.25 |
| Sep 30, 2024 | 5.12 |
| Jun 30, 2024 | 3.76 |
| Mar 31, 2024 | 6.21 |
| Dec 31, 2023 | 1.96 |
| Sep 30, 2023 | 24.04 |
| Jun 30, 2023 | 19.71 |
| Mar 31, 2023 | 86.70 |
| Dec 31, 2022 | 224.33 |
| Sep 30, 2022 | 135.95 |
| Jun 30, 2022 | 163.14 |
| Mar 31, 2022 | 116.88 |
| Dec 31, 2021 | 46.28 |
| Sep 30, 2021 | 90.74 |