Granite Ridge Resources
GRNT
4.72
+0.13
+2.72%
Granite Ridge Resources
US · GRNT
#3623 by market cap
4.72
+0.13
+2.72%
Live - 5344 symbols - heartbeat 155s ago
· 2026-10-08 10:11
Pre-market
4.59
0.00%
After-hours
4.56
-0.65%
Overnight
4.64
+1.09%
- Market cap
- 621.91M
- P/E (TTM)i
- -21.43
- P/Bi
- 1.11
- EPSi
- 0.18
- Div yieldi
- 9.33%
- 52W posi
- 41%
Reader sentiment
Are you bullish or bearish on GRNT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.31, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +18.49% YoY
Margins
- Gross margin
- 27.13%
- Operating margin
- 20.22%
- Net margin
- 5.34%
Key ratios & quality
- Enterprise valuei
- 981.44M
- Altman Z-Scorei
- 1.31
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 13.44M | 87.10M | 290.19M | 497.42M | 394.07M | 380.03M | 450.31M |
| Gross profit | 2.33M | -19.91M | 151.13M | 316.37M | 145.18M | 120.03M | 122.15M |
| Selling & admin expenses | 1.57M | 10.11M | 10.18M | 14.22M | 27.92M | 24.65M | 31.01M |
| Research & development | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 766.62K | -30.02M | 140.95M | 302.15M | 117.08M | 95.63M | 91.07M |
| Pretax profit | 3.64M | -23.93M | 108.46M | 275.19M | 105.58M | 24.97M | 32.11M |
| Tax | -- | 0 | 0 | 12.85M | 24.48M | 6.21M | 7.76M |
| Net profit | 3.64M | -23.93M | 108.46M | 262.34M | 81.10M | 18.76M | 24.35M |
| Basic EPS | 0 | 0 | 1 | 2 | 1 | 0 | 0 |
| Diluted EPS | 0.03 | -0.18 | 0.82 | 1.97 | 0.61 | 0.14 | 0.18 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 122.93M | 109.22M | 112.67M | 105.49M | 128.26M | 149.27M |
| Gross profit | 49.88M | 29.25M | 26.58M | 16.44M | 35.37M | 57.36M |
| Selling & admin expenses | 7.46M | 8.52M | 6.99M | 8.04M | 9.08M | 9.15M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 42.54M | 20.74M | 19.59M | 8.22M | 26.02M | 48.17M |
| Pretax profit | 12.69M | 32.86M | 19.29M | -32.73M | -60.66M | 38.87M |
| Tax | 2.88M | 7.78M | 4.77M | -7.67M | -13.63M | 8.87M |
| Net profit | 9.81M | 25.08M | 14.52M | -25.06M | -47.03M | 30.00M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.07 | 0.19 | 0.11 | -0.19 | -0.36 | 0.23 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | -- | 3.07M | 98.08M | 146.32M | 151.55M | 135.22M | 118.88M |
| Cash & ST investments | -- | 1.29M | 11.85M | 50.83M | 60.86M | 41.20M | 25.81M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | -- | 40.78M | 547.25M | 794.78M | 927.10M | 1.04B | 1.17B |
| Total current liabilities | -- | 7.09M | 67.60M | 64.13M | 62.08M | 101.81M | 95.18M |
| Short-term debt | -- | 6.40M | 50.00M | -- | -- | -- | 17.50M |
| Long-term debt | -- | -- | 1.10M | -- | 110.00M | 205.00M | 367.83M |
| Total liabilities | -- | 7,573,718.00 | 72,316,000.00 | 130,530,000.00 | 255,459,000.00 | 401,126,000.00 | 562,311,000.00 |
| Total equity | -- | 33.21M | 474.93M | 664.25M | 671.65M | 635.35M | 605.76M |
| Retained earnings | -- | -- | -- | 32.39M | 54.78M | 16.05M | -17.29M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 128.36M | 108.96M | 108.80M | 118.88M | 144.11M | 154.84M |
| Cash & ST investments | 37.92M | 14.77M | 23.41M | 25.81M | 47.69M | 44.09M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.09B | 1.10B | 1.13B | 1.17B | 1.19B | 1.24B |
| Total current liabilities | 107.23M | 82.47M | 76.96M | 95.18M | 155.73M | 151.25M |
| Short-term debt | -- | -- | -- | 17.50M | 26.25M | 35.00M |
| Long-term debt | 250.00M | 275.00M | 300.00M | 367.83M | 400.02M | 427.11M |
| Total liabilities | 456,023,000.00 | 462,497,000.00 | 484,648,000.00 | 562,311,000.00 | 648,237,000.00 | 675,204,000.00 |
| Total equity | 631.41M | 642.47M | 643.89M | 605.76M | 545.64M | 562.37M |
| Retained earnings | 11.47M | 22.13M | 22.22M | -17.29M | -78.78M | -63.29M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 6.43M | 66.81M | 181.18M | 346.39M | 302.87M | 275.73M | 296.41M |
| Depreciation & amortization | 7.26M | 79.95M | 94.66M | 105.75M | 160.66M | 176.53M | 215.70M |
| Free cash flow | 2.46M | -50.58M | -38.11M | 111.70M | -56.33M | -71.26M | -122.85M |
| Dividends paid | -7.24M | 0 | 0 | -10.66M | -58.59M | -57.49M | -57.69M |
| Stock buybacks / issuance | -- | 0 | 0 | 6.61M | -35.35M | -442.00K | -16.00K |
| Ending cash balance | 2.09M | 8.51M | 12.15M | 51.13M | 10.73M | 9.42M | 14.85M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 76.09M | 78.04M | 77.78M | 64.50M | 58.35M | 55.58M |
| Depreciation & amortization | 48.45M | 53.41M | 55.95M | 57.90M | 54.98M | 52.67M |
| Free cash flow | -25.33M | -29.93M | -3.01M | -64.58M | -11.53M | -23.32M |
| Dividends paid | -14.39M | -14.42M | -14.44M | -14.44M | -14.46M | -14.51M |
| Stock buybacks / issuance | -16.00K | 0 | 0 | 0 | -30.00K | 0 |
| Ending cash balance | 16.11M | 3.74M | 11.83M | 14.85M | 30.06M | 44.09M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -72.06 | 15.63 | 82.32 | 12.51 | 2.84 | 3.88 |
| ROA %i | -- | -58.68 | 13.03 | 64.63 | 9.40 | 1.89 | 2.18 |
| ROIC %i | -- | -55.77 | 15.49 | 82.91 | 11.23 | 4.00 | 4.69 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | 6.33 | 21.52 |
| EBIT margin %i | 32.04 | -25.36 | 38.06 | 55.72 | 28.14 | 11.43 | 12.79 |
| FCF / sales %i | 18.28 | -- | 20.05 | 22.46 | -- | -- | -- |
| Current ratioi | -- | 0.43 | 1.45 | 2.28 | 2.44 | 1.33 | 1.25 |
| Quick ratioi | -- | 0.35 | 0.88 | 1.92 | 2.16 | 1.09 | 1.05 |
| Debt / assetsi | -- | 15.69 | 9.34 | -- | 11.86 | 19.78 | 32.99 |
| LT debt / equityi | -- | -- | 0.23 | -- | 16.38 | 32.27 | 60.72 |
| Interest coveragei | 6.47 | -12.00 | 28.25 | 139.36 | 20.86 | 2.35 | 2.26 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 233.25 | 65.39 | 9.41 | -3.26 |
| Net income CAGR (3Y) %i | -- | -- | -- | 316.17 | -- | -44.28 | -54.72 |
| FCF CAGR (3Y) %i | -- | -- | -- | 256.92 | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 1.86 | 4.90 | 5.75 | 3.88 | -5.58 | -4.64 |
| ROA %i | 1.18 | 3.06 | 3.46 | 2.18 | -2.88 | -2.39 |
| ROIC %i | 3.22 | 5.44 | 6.04 | 4.69 | -0.91 | 0.02 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 8.92 | 14.59 | 15.57 | 12.79 | -2.29 | 0.15 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 1.20 | 1.32 | 1.41 | 1.25 | 0.93 | 1.02 |
| Quick ratioi | 1.11 | 1.11 | 1.27 | 1.05 | 0.89 | 0.96 |
| Debt / assetsi | 22.99 | 24.89 | 26.58 | 32.99 | 35.71 | 37.34 |
| LT debt / equityi | 39.59 | 42.80 | 46.59 | 60.72 | 73.31 | 75.95 |
| Interest coveragei | 1.82 | 3.09 | 3.24 | 2.26 | -0.34 | 0.02 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Oil and natural gas development, exploration and production100.00%
Quote time 2026-10-08 10:11:24 · For reference only, not investment advice and not tailored to your situation.