Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
6.52
+0.02 (0.31%)
Nov 20, 2024, 4:00 PM EST - Market closed
Granite Ridge Resources Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 358.52 | 369.17 | 470.52 | 273.09 | 81.1 |
| Revenue Growth (YoY) | -5.43% | -21.54% | 72.29% | 236.74% | - |
| Cost of Revenue | 62.45 | 63.33 | 48.4 | 27.3 | 21.06 |
| Gross Profit | 296.07 | 305.84 | 422.12 | 245.79 | 60.04 |
| Selling, General & Admin | 23.51 | 27.92 | 14.22 | 10.18 | 10.11 |
| Other Operating Expenses | -26.85 | -25.37 | 25.32 | 32.39 | -13.01 |
| Operating Expenses | 170.92 | 163.21 | 145.3 | 137.23 | 77.05 |
| Operating Income | 125.15 | 142.63 | 276.82 | 108.57 | -17.01 |
| Interest Expense | -16.21 | -5.32 | -1.99 | -2.39 | -1.84 |
| Other Non Operating Income (Expenses) | 0 | -5.74 | 0.36 | - | - |
| EBT Excluding Unusual Items | 109.22 | 131.57 | 275.19 | 106.18 | -18.85 |
| Gain (Loss) on Sale of Investments | -18.81 | 0.51 | - | - | - |
| Gain (Loss) on Sale of Assets | - | - | - | 2.28 | 0.65 |
| Asset Writedown | -27.23 | -26.5 | - | - | -5.73 |
| Pretax Income | 63.18 | 105.58 | 275.19 | 108.46 | -23.93 |
| Income Tax Expense | 15.26 | 24.48 | 12.85 | - | - |
| Net Income | 47.92 | 81.1 | 262.34 | 108.46 | -23.93 |
| Preferred Dividends & Other Adjustments | 0.2 | 0.15 | - | - | - |
| Net Income to Common | 47.72 | 80.95 | 262.34 | 108.46 | -23.93 |
| Net Income Growth | -60.13% | -69.09% | 141.88% | - | - |
| Shares Outstanding (Basic) | 131 | 133 | 133 | 133 | 133 |
| Shares Outstanding (Diluted) | 131 | 133 | 133 | 133 | 133 |
| Shares Change (YoY) | -2.07% | 0.03% | 0.11% | - | - |
| EPS (Basic) | 0.37 | 0.61 | 1.97 | 0.82 | -0.18 |
| EPS (Diluted) | 0.36 | 0.61 | 1.97 | 0.82 | -0.18 |
| EPS Growth | -59.98% | -69.13% | 141.44% | - | - |
| Free Cash Flow | -20.29 | -56.33 | 111.7 | -38.11 | -50.58 |
| Free Cash Flow Per Share | -0.16 | -0.42 | 0.84 | -0.29 | -0.38 |
| Dividend Per Share | 0.440 | 0.440 | 0.080 | - | - |
| Dividend Growth | 33.33% | 450.00% | - | - | - |
| Gross Margin | 82.58% | 82.85% | 89.71% | 90.00% | 74.03% |
| Operating Margin | 34.91% | 38.63% | 58.83% | 39.75% | -20.98% |
| Profit Margin | 13.31% | 21.93% | 55.76% | 39.72% | -29.51% |
| Free Cash Flow Margin | -5.66% | -15.26% | 23.74% | -13.95% | -62.37% |
| EBITDA | 299.41 | 303.29 | 382.57 | 203.23 | 62.94 |
| EBITDA Margin | 83.51% | 82.15% | 81.31% | 74.42% | 77.60% |
| D&A For EBITDA | 174.26 | 160.66 | 105.75 | 94.66 | 79.95 |
| EBIT | 125.15 | 142.63 | 276.82 | 108.57 | -17.01 |
| EBIT Margin | 34.91% | 38.63% | 58.83% | 39.75% | -20.98% |
| Effective Tax Rate | 24.15% | 23.19% | 4.67% | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.