Granite Ridge Resources (GRNT) Net Margin (2021 - 2026)
Granite Ridge Resources (GRNT) posted Net Margin of 20.09% for Q2 2026, down 2.87 percentage points from 22.96% a year earlier but up 56.76 percentage points from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Net Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Granite Ridge Resources was -5.56%, down 13.04 percentage points year-over-year; for FY2025, it came in at 5.41%, up 0.47 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +32.88 percentage points (FY2020 to FY2025).
- In prior years, Granite Ridge Resources' Net Margin was 4.94% in FY2024 (-15.64 pp), 20.58% in FY2023 (-32.16 pp), 52.74% in FY2022 (+15.37 pp) and 37.37% in FY2021 (+64.85 pp).
- Quarterly Net Margin has run from a low of -36.67% in Q1 2026 to a high of 62.08% in Q2 2022 over five years.
- On a year-over-year basis, Net Margin has declined in each of the last three quarters, with an average year-over-year change of -10.54 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2025, with a gain of 17.34 percentage points; the weakest was Q2 2023, with a drop of 52.10 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -36.67% (Q1 2026), -23.76% (Q4 2025) and 12.89% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 8.80% |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 13.62% |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 9.17% |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 30.55% |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 21.33% |
| 10 | Granite Ridge Resources | 567.17 Mn | 527.00 Mn | - | 20.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.09% |
| Mar 31, 2026 | -36.67% |
| Dec 31, 2025 | -23.76% |
| Sep 30, 2025 | 12.89% |
| Jun 30, 2025 | 22.96% |
| Mar 31, 2025 | 7.98% |
| Dec 31, 2024 | -10.93% |
| Sep 30, 2024 | 9.62% |
| Jun 30, 2024 | 5.63% |
| Mar 31, 2024 | 18.23% |
| Dec 31, 2023 | 16.42% |
| 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 | 35.10% |
| Sep 30, 2021 | 45.09% |
API Access
Granite Ridge Resources Net Margin 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=net-margin&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();