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| Date | Value |
|---|---|
| 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 |