Granite Ridge Resources (GRNT) Net Margin (2021 - 2026)
Granite Ridge Resources (GRNT) posted Net Margin of 36.69% for Q1 2026, down 54.43% on a QoQ basis from 23.76% in Q4 2025, and down 4466.0% year-over-year from 0.84% in Q1 2025.
Granite Ridge Resources (GRNT) Net Margin (2021 - 2026) Analysis & Trends
Granite Ridge Resources' Net Margin history runs 6 years deep, the most recent figure standing at 36.69% for 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 was 36.69% for Q1 2026 at Granite Ridge Resources, down from 23.76% in the prior quarter.
- Across five years, Net Margin topped out at 62.08% in Q2 2022 and bottomed at 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 sank 5210 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 16.45% in 2023, then tumbled by 167 bps to 10.97% in 2024, then tumbled by 116 bps to 23.76% in 2025, then slumped by 54 bps to 36.69% in 2026.
- Business Quant data shows GRNT's Net Margin at 36.69% in Q1 2026, 23.76% in Q4 2025, and 12.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 13.85% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 28.61% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 3.40% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 26.39% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 60.71% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 15.55% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 60.34% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 4.79% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 26.36% |
| 10 | Granite Ridge Resources | 602.16 Mn | 575.76 Mn | - | -36.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 44.77% |
| Sep 30, 2021 | 56.86% |