Granite Ridge Resources (GRNT) Tax Rate (2022 - 2026)
Granite Ridge Resources' Tax Rate came in at 22.90% for Q2 2026, down 0.84 percentage points from 23.74% a year earlier but up 0.42 percentage points from the prior quarter.
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Analysis
Granite Ridge Resources (GRNT) Tax Rate (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Granite Ridge Resources reported Tax Rate of 21.57%, down 2.79 percentage points year-over-year; for FY2025, it came in at 24.17%, down 0.69 percentage points from FY2024.
- Tax Rate carries a three-year change of +19.50 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was 24.86% in FY2024 (+1.67 pp), 23.19% in FY2023 (+18.52 pp) and 4.67% in FY2022.
- The five-year range for quarterly Tax Rate is 18.50% (Q4 2022) to 32.35% (Q3 2024).
- Year-over-year, Tax Rate has declined for six consecutive quarters, with an average year-over-year change of +0.40 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2024 (a gain of 9.85 percentage points), and the weakest in Q3 2025 (a drop of 7.47 percentage points).
- Business Quant data shows GRNT's Tax Rate at 22.47% (Q1 2026), 23.42% (Q4 2025) and 24.88% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 18.22% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Granite Ridge Resources | 567.17 Mn | 527.00 Mn | - | 22.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.90% |
| Sep 30, 2025 | 24.88% |
| Jun 30, 2025 | 23.74% |
| Mar 31, 2025 | 22.85% |
| Sep 30, 2024 | 32.35% |
| Jun 30, 2024 | 25.08% |
| Mar 31, 2024 | 22.96% |
| Dec 31, 2023 | 19.96% |
| Sep 30, 2023 | 22.50% |
| Jun 30, 2023 | 32.09% |
| Mar 31, 2023 | 22.66% |
| Dec 31, 2022 | 18.50% |
API Access
Granite Ridge Resources Tax Rate 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=tax-rate&ticker=GRNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=GRNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();