Granite Ridge Resources (GRNT) Net Margin (2021 - 2026)
Granite Ridge Resources' (GRNT) quarterly Net Margin came in at 36.69% in Q1 2026, down 4466.0% YoY from 0.84% in Q1 2025, and down 54.43% on a QoQ basis from 23.76% in Q4 2025.
Granite Ridge Resources (GRNT) Net Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 6 years of Net Margin data on file, last reported at 36.69% in Q1 2026.
- Quarterly Net Margin fell 4466.0% year-over-year to 36.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.15% (down 1012.0% YoY) and the FY2025 annual result came in at 5.41%, up 47.0% from the prior year.
- Net Margin slipped to 36.69% in Q1 2026, from 23.76% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 62.08% in Q2 2022 to a low of 36.69% in Q1 2026.
- A 5-year average of 17.23% and a median of 16.45% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin slumped 5210 bps — and 2025, when it surged 1732 bps.
- Tracing GRNT's Net Margin over 5 years: stood at 48.67% in 2022, then plunged by 66 bps to 16.45% in 2023, then sank by 167 bps to 10.97% in 2024, then sank by 116 bps to 23.76% in 2025, then plunged by 54 bps to 36.69% in 2026.
- The last three Net Margin figures came in at 36.69% (Q1 2026), 23.76% (Q4 2025), and 12.86% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 0.01% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 31.60% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 22.14% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 32.93% |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 34.80% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 15.55% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 62.56% |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 20.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08% |
| Mar 31, 2026 | -36.69% |
| Dec 31, 2025 | -23.76% |
| Sep 30, 2025 | 12.86% |
| Jun 30, 2025 | 22.94% |
| Mar 31, 2025 | 7.97% |
| Dec 31, 2024 | -10.97% |
| Sep 30, 2024 | 9.62% |
| Jun 30, 2024 | 5.63% |
| Mar 31, 2024 | 18.23% |
| Dec 31, 2023 | 16.45% |
| Sep 30, 2023 | 16.56% |
| Jun 30, 2023 | 9.98% |
| Mar 31, 2023 | 40.37% |
| Dec 31, 2022 | 48.67% |
| Sep 30, 2022 | 58.40% |
| Jun 30, 2022 | 62.08% |
| Mar 31, 2022 | 34.57% |
| Dec 31, 2021 | 44.91% |
| Sep 30, 2021 | 56.86% |