Granite Ridge Resources (GRNT) Return on Capital Employed (2022 - 2026)
Granite Ridge Resources' (GRNT) quarterly Return on Capital Employed came in at 1.83% in Q1 2026, down 678.0% YoY from 0.32% in Q1 2025, and down 58.54% on a QoQ basis from 4.41% in Q4 2025.
Granite Ridge Resources (GRNT) Return on Capital Employed (2022 - 2026) Analysis & Trends
Granite Ridge Resources (GRNT) has 5 years of Return on Capital Employed data on file, last reported at 1.83% in Q1 2026.
- Quarterly Return on Capital Employed fell 678.0% year-over-year to 1.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.83% (down 678.0% YoY) and the FY2025 annual result came in at 4.61%, down 212.0% from the prior year.
- Return on Capital Employed fell to 1.83% in Q1 2026, from 4.41% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 52.79% in Q4 2022 to a low of 1.83% in Q1 2026.
- A 5-year average of 14.51% and a median of 8.63% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed sank 4228 bps — and 2025, when it tumbled 33 bps.
- Tracing GRNT's Return on Capital Employed over 5 years: stood at 52.79% in 2022, then plunged 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 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 28.17% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 18.27% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 1.68% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 9.42% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 5.58% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 10.19% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 39.30% |
| 10 | Granite Ridge Resources | 675.61 Mn | 630.62 Mn | - | 3.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.48% |
| 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 | 52.79% |