Granite Ridge Resources (GRNT) Net Margin (2021 - 2026)
Granite Ridge Resources (GRNT) reported Net Margin of 36.69% for Q1 2026, down 4467.0% on a YoY basis from 0.84% in Q1 2025, and down 54.43% quarter-over-quarter from 23.76% in Q4 2025.
Granite Ridge Resources (GRNT) Net Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources has reported Net Margin for 6 years, with the latest figure at 36.69% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 4467.0% year-over-year to 36.69%; the trailing twelve-month figure through Mar 2026 stood at 7.14% (down 1013.0% YoY), and the FY2025 full-year result was 5.41%, up 47.0% from the prior year.
- Net Margin for Q1 2026 stood at 36.69%, down from 23.76% in the prior quarter.
- The five-year high for Net Margin was 62.08% in Q2 2022, with the low at 36.69% in Q1 2026.
- Historically, Net Margin has averaged 17.24% across 5 years, with a median of 16.42% in 2023.
- Annual changes were most pronounced in 2023 — Net Margin plunged 5207 bps — and 2025, when it surged 1732 bps.
- Granite Ridge Resources' Net Margin stood at 48.67% in 2022, then slumped by 66 bps to 16.42% in 2023, then plunged by 167 bps to 10.93% in 2024, then sank by 117 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 12.89% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 0.01% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 13.85% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 28.61% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 60.71% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 3.40% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 20.73% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 45.99% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -843.90% |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | -36.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.69% |
| Dec 31, 2025 | -23.76% |
| Sep 30, 2025 | 12.89% |
| Jun 30, 2025 | 22.94% |
| Mar 31, 2025 | 7.98% |
| Dec 31, 2024 | -10.93% |
| Sep 30, 2024 | 9.62% |
| Jun 30, 2024 | 5.63% |
| Mar 31, 2024 | 18.27% |
| Dec 31, 2023 | 16.42% |
| Sep 30, 2023 | 16.52% |
| Jun 30, 2023 | 10.01% |
| 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 | 44.77% |
| Sep 30, 2021 | 56.86% |