Norris Industries (NRIS) Equity Ratio (2014 - 2026)

Norris Industries (NRIS) reported Equity Ratio of 19.21 for Q1 2026, down 35.55% on a YoY basis from 29.8 in Q1 2025, and down 10.29% quarter-over-quarter from 17.41 in Q3 2025.

Norris Industries (NRIS) Equity Ratio (2014 - 2026) Analysis & Trends

Norris Industries has reported Equity Ratio for 13 years, with the latest figure at 19.21 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 35.55% year-over-year to 19.21; the trailing twelve-month figure through Feb 2026 stood at 19.21 (down 35.55% YoY), and the FY2026 full-year result was 19.21, down 35.55% from the prior year.
  • Equity Ratio for Q1 2026 stood at 19.21, down from 17.41 in the prior quarter.
  • The five-year high for Equity Ratio was 9.39 in Q4 2024, with the low at 23.7 in Q4 2023.
  • Historically, Equity Ratio has averaged 14.21 across 5 years, with a median of 13.22 in 2022.
  • Annual changes were most pronounced in 2023 — Equity Ratio slumped 133.52% — and 2024, when it soared 60.36%.
  • Norris Industries' Equity Ratio stood at 10.15 in 2022, then tumbled by 133.52% to 23.7 in 2023, then soared by 60.36% to 9.39 in 2024, then plunged by 85.39% to 17.41 in 2025, then slipped by 10.29% to 19.21 in 2026.
  • The last three Equity Ratio figures came in at 19.21 (Q1 2026), 17.41 (Q3 2025), and 13.45 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.54
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.53
4 Eog Resources 72.93 Bn 69.08 Bn - 0.58
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.49
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.52
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.69
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Norris Industries - - - -19.21

Historic Data

Download Data
DateValue
Feb 28, 2026 -19.21
Aug 31, 2025 -17.41
May 31, 2025 -13.45
Feb 28, 2025 -14.17
Nov 30, 2024 -9.39
Aug 31, 2024 -13.03
May 31, 2024 -11.19
Feb 29, 2024 -12.51
Nov 30, 2023 -23.70
Aug 31, 2023 -16.93
May 31, 2023 -19.84
Feb 28, 2023 -12.69
Nov 30, 2022 -10.15
Aug 31, 2022 -10.44
May 31, 2022 -13.41
Feb 28, 2022 -9.78
Nov 30, 2021 -12.08
Aug 31, 2021 -12.13
May 31, 2021 -11.44
Feb 28, 2021 -7.93