Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026)
Granite Ridge Resources' Interest Expenses came in at $11.07 million for Q2 2026, up 87.3% from $5.91 million a year earlier and up 7.3% from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Interest Expenses (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Granite Ridge Resources reported Interest Expenses of $35.96 million, up 76.1% year-over-year; for FY2025, it came in at $25.5 million, up 38.1% from FY2024.
- Interest Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 69.2% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $18.47 million in FY2024 (+247.5%), $5.32 million in FY2023 (+167.2%), $1.99 million in FY2022 (-16.6%) and $2.39 million in FY2021 (+29.5%).
- The Q2 2026 figure represents the highest quarterly Interest Expenses in data going back to Q3 2021.
- Year-over-year, Interest Expenses has increased for 13 consecutive quarters, with growth averaging 88.8% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q1 2024 (growth of 831.9%), and the weakest in Q4 2022 (a decline of 80.5%).
- Business Quant data shows GRNT's Interest Expenses at $10.32 million (Q1 2026), $8.5 million (Q4 2025) and $6.07 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 799.00 Mn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 352.00 Mn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -1.39 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 412.64 Mn |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 182.00 Mn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 314.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 172.06 Mn |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Granite Ridge Resources | 572.45 Mn | 532.28 Mn | - | 11.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.07 Mn |
| Mar 31, 2026 | 10.32 Mn |
| Dec 31, 2025 | 8.50 Mn |
| Sep 30, 2025 | 6.07 Mn |
| Jun 30, 2025 | 5.91 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Sep 30, 2024 | 4.82 Mn |
| Jun 30, 2024 | 5.82 Mn |
| Mar 31, 2024 | 3.16 Mn |
| Dec 31, 2023 | 2.41 Mn |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.21 Mn |
| Mar 31, 2023 | 339,000.00 |
| Dec 31, 2022 | 285,000.00 |
| Sep 30, 2022 | 570,000.00 |
| Jun 30, 2022 | 609,000.00 |
| Mar 31, 2022 | 525,000.00 |
| Dec 31, 2021 | 1.46 Mn |
| Sep 30, 2021 | 353,000.00 |
API Access
Granite Ridge Resources Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "GRNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();