Growth Metrics

Granite Ridge Resources (GRNT) Rent Expense (2022 - 2025)

Granite Ridge Resources (GRNT) has disclosed Rent Expense for 4 consecutive years, with $23.6 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Rent Expense rose 81.15% year-over-year to $23.6 million, compared with a TTM value of $75.2 million through Sep 2025, up 30.67%, and an annual FY2024 reading of $57.5 million, down 5.06% over the prior year.
  • Rent Expense was $23.6 million for Q3 2025 at Granite Ridge Resources, up from $20.1 million in the prior quarter.
  • Across five years, Rent Expense topped out at $23.6 million in Q3 2025 and bottomed at $8.4 million in Q1 2022.
  • Average Rent Expense over 4 years is $14.8 million, with a median of $14.4 million recorded in 2022.
  • The sharpest move saw Rent Expense decreased 23.08% in 2024, then soared 81.15% in 2025.
  • Year by year, Rent Expense stood at $14.4 million in 2022, then increased by 6.84% to $15.4 million in 2023, then dropped by 0.79% to $15.3 million in 2024, then skyrocketed by 54.35% to $23.6 million in 2025.
  • Business Quant data shows Rent Expense for GRNT at $23.6 million in Q3 2025, $20.1 million in Q2 2025, and $16.2 million in Q1 2025.