Granite Ridge Resources (GRNT) Tax Rate (2022 - 2026)

Granite Ridge Resources (GRNT) posted Tax Rate of 22.42% for Q1 2026, down 4.28% on a QoQ basis from 23.42% in Q4 2025, and down 43.0% year-over-year from 39.33% in Q1 2025.

Granite Ridge Resources (GRNT) Tax Rate (2022 - 2026) Analysis & Trends

Granite Ridge Resources' Tax Rate history runs 5 years deep, the most recent figure standing at 22.42% for Q1 2026.

  • Quarterly Tax Rate fell 43.0% year-over-year to 22.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.01% (down 499.0% YoY) and the FY2025 annual result came in at 24.17%, down 69.0% from the prior year.
  • Tax Rate was 22.42% for Q1 2026 at Granite Ridge Resources, down from 23.42% in the prior quarter.
  • Across five years, Tax Rate topped out at 32.35% in Q3 2024 and bottomed at 18.5% in Q4 2022.
  • A 5-year average of 24.36% and a median of 23.19% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate surged 1005 bps — and 2025, when it slumped 747 bps.
  • Granite Ridge Resources' Tax Rate stood at 18.5% in 2022, then gained by 8 bps to 19.96% in 2023, then surged by 41 bps to 28.25% in 2024, then retreated by 17 bps to 23.42% in 2025, then dropped by 4 bps to 22.42% in 2026.
  • Business Quant data shows GRNT's Tax Rate at 22.42% in Q1 2026, 23.42% in Q4 2025, and 24.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Granite Ridge Resources 602.16 Mn 575.76 Mn - 22.42%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.42%
Mar 31, 2026 22.42%
Mar 31, 2026 22.42%
Dec 31, 2025 23.42%
Dec 31, 2025 23.42%
Dec 31, 2025 23.42%
Sep 30, 2025 24.88%
Sep 30, 2025 24.88%
Sep 30, 2025 24.88%
Jun 30, 2025 23.74%
Jun 30, 2025 23.74%
Jun 30, 2025 23.74%
Mar 31, 2025 22.85%
Mar 31, 2025 22.85%
Mar 31, 2025 22.85%
Dec 31, 2024 28.25%
Dec 31, 2024 28.25%
Dec 31, 2024 28.25%
Sep 30, 2024 32.35%
Sep 30, 2024 32.35%