Granite Ridge Resources (GRNT) Return on Capital Employed (2022 - 2026)
Granite Ridge Resources (GRNT) reported Return on Capital Employed of 1.83% for Q1 2026, down 678.0% on a YoY basis from 0.32% in Q1 2025, and down 58.54% quarter-over-quarter from 4.41% in Q4 2025.
Granite Ridge Resources (GRNT) Return on Capital Employed (2022 - 2026) Analysis & Trends
Granite Ridge Resources has reported Return on Capital Employed for 5 years, with the latest figure at 1.83% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 678.0% year-over-year to 1.83%; the trailing twelve-month figure through Mar 2026 stood at 1.83% (down 678.0% YoY), and the FY2025 full-year result was 4.61%, down 212.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 1.83%, down from 4.41% in the prior quarter.
- The five-year high for Return on Capital Employed was 52.15% in Q4 2022, with the low at 1.83% in Q1 2026.
- Historically, Return on Capital Employed has averaged 14.47% across 5 years, with a median of 8.63% in 2024.
- Annual changes were most pronounced in 2023 — Return on Capital Employed sank 4164 bps — and 2025, when it tumbled 33 bps.
- Granite Ridge Resources' Return on Capital Employed stood at 52.15% in 2022, then tumbled by 80 bps to 10.51% in 2023, then tumbled by 40 bps to 6.34% in 2024, then sank by 30 bps to 4.41% in 2025, then slumped by 59 bps to 1.83% in 2026.
- The last three Return on Capital Employed figures came in at 1.83% (Q1 2026), 4.41% (Q4 2025), and 7.3% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 13.66% |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 22.41% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 15.04% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 19.02% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | -0.44% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 23.41% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 12.16% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 34,022.25% |
| 10 | Granite Ridge Resources | 626.98 Mn | 572.76 Mn | - | 1.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.83% |
| Dec 31, 2025 | 4.41% |
| Sep 30, 2025 | 7.30% |
| Jun 30, 2025 | 7.99% |
| Mar 31, 2025 | 8.61% |
| Dec 31, 2024 | 6.34% |
| Sep 30, 2024 | 7.63% |
| Jun 30, 2024 | 8.65% |
| Mar 31, 2024 | 9.17% |
| Dec 31, 2023 | 10.51% |
| Sep 30, 2023 | 18.11% |
| Jun 30, 2023 | 23.98% |
| Mar 31, 2023 | 35.86% |
| Dec 31, 2022 | 52.15% |