GRNT
Granite Ridge Resources Inc
NYSE: GRNT · ENERGY · OIL & GAS E&P
$6.03
+0.84% today
Updated 2026-04-30
Market cap
$758.46M
P/E ratio
31.94
P/S ratio
1.77x
EPS (TTM)
$0.18
Dividend yield
7.82%
52W range
$4 – $6
Volume
1.0M
Granite Ridge Resources Inc (GRNT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $13.44M | $87.10M | $290.19M | $497.42M | $394.07M | $380.03M | $450.31M |
| Revenue growth (YoY) | — | +548.0% | +233.2% | +71.4% | -20.8% | -3.6% | +18.5% |
| Cost of revenue | $11.11M | $107.01M | $139.06M | $181.05M | $248.89M | $260.00M | $328.16M |
| Gross profit | $2.33M | $-19.91M | $151.13M | $316.37M | $145.18M | $120.03M | $122.15M |
| Gross margin | 17.4% | -22.9% | 52.1% | 63.6% | 36.8% | 31.6% | 27.1% |
| R&D | — | — | — | — | — | — | — |
| SG&A | $1.57M | $10.11M | $10.18M | $14.22M | $27.92M | $24.65M | $31.01M |
| Operating income | $5.68M | $-35.09M | $143.23M | $302.14M | $90.59M | $59.26M | $91.14M |
| Operating margin | 42.2% | -40.3% | 49.4% | 60.7% | 23.0% | 15.6% | 20.2% |
| EBITDA | $11.57M | $57.86M | $205.50M | $382.94M | $271.56M | $219.97M | $306.84M |
| EBITDA margin | 86.1% | 66.4% | 70.8% | 77.0% | 68.9% | 57.9% | 68.1% |
| EBIT | $4.31M | $-22.09M | $110.84M | $277.18M | $110.90M | $43.44M | $91.14M |
| Interest expense | $665893.00 | $1.84M | $2.38M | $1.99M | $5.32M | $18.47M | $25.50M |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $3.64M | $-23.93M | $108.46M | $262.34M | $81.10M | $18.76M | $24.35M |
| Net income growth (YoY) | — | -757.5% | +553.2% | +141.9% | -69.1% | -76.9% | +29.8% |
| Profit margin | 27.1% | -27.5% | 37.4% | 52.7% | 20.6% | 4.9% | 5.4% |