Granite Ridge Resources (GRNT) Return on Capital Employed [ROCE] (2022 - 2026)
Granite Ridge Resources (GRNT) posted Return on Capital Employed [ROCE] of 3.48% for Q2 2026, down 4.52 percentage points from 7.99% a year earlier but up 1.65 percentage points from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, Granite Ridge Resources' Return on Capital Employed [ROCE] came in at 4.61%, down 2.12 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three consecutive years, with a three-year change of -45.18 percentage points (FY2022 to FY2025).
- In prior years, Granite Ridge Resources' Return on Capital Employed [ROCE] was 6.73% in FY2024 (-4.61 pp), 11.34% in FY2023 (-38.45 pp) and 49.79% in FY2022.
- Quarterly Return on Capital Employed [ROCE] has run from a low of 1.83% in Q1 2026 to a high of 52.79% in Q4 2022 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last 11 quarters, with an average year-over-year change of -3.68 percentage points over the last eight quarters.
- Over the past five years, the year-over-year drop in Return on Capital Employed [ROCE] ranged from 0.33 percentage points (Q3 2025) to 42.28 percentage points (Q4 2023).
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 1.83% (Q1 2026), 4.41% (Q4 2025) and 7.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | 12.28% |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | 5.20% |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | Granite Ridge Resources | 580.36 Mn | 540.19 Mn | - | 3.48% |
Historic Data
Download Data
Historic 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% |
API Access
Granite Ridge Resources Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();