Granite Ridge Resources, Inc. (GRNT)

NYSE: GRNT · Real-Time Price · USD

4.470

+0.070 (1.59%)

Oct 2, 2026, 4:00 PM EDT - Market closed

Granite Ridge Resources Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	472.49	427.91	359.03	369.17	470.52	273.09
Revenue Growth	15.43%	19.18%	-2.75%	-21.54%	72.29%	236.74%
Gross Profit	357.24	337.85	296.56	305.84	422.12	245.79
Operating Income	40.69	118.1	93.52	142.63	276.82	108.57
Net Income	-27.34	24.65	18.97	81.25	262.34	108.46
Earnings Per Share	-0.22	0.18	0.14	0.61	1.97	0.82
EPS Growth	-	28.57%	-77.05%	-69.04%	141.44%	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	44.09	25.81	41.2	60.86	50.83	11.85
Total Debt	462.11	385.33	205	110	-	51.1
Net Cash (Debt)	-418.02	-359.53	-163.8	-49.14	50.83	-39.25
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.20	-2.75	-1.26	-0.37	0.38	-0.30

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	256.21	296.41	275.73	302.87	346.39	181.18
Capital Expenditures	-358.64	-419.26	-346.99	-359.2	-234.69	-219.29
Free Cash Flow	-102.43	-122.85	-71.26	-56.33	111.7	-38.11
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	75.61%	78.95%	82.60%	82.85%	89.71%	90.00%
Operating Margin	8.61%	27.60%	26.05%	38.64%	58.83%	39.75%
Pretax Margin	-7.46%	7.50%	6.95%	28.60%	58.49%	39.72%
Profit Margin	-5.79%	5.76%	5.28%	22.01%	55.76%	39.72%
FCF Margin	-21.68%	-28.71%	-19.85%	-15.26%	23.74%	-13.95%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Dividend Per Share	0.440	0.440	0.440	0.440	0.080
Dividend Per Share Growth	0%	0%	0%	450.00%	-
Dividend Yield	9.84%	10.01%	7.88%	9.05%	1.18%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	25.03	44.52	9.85	4.59	-
Forward PE	7.51	11.24	11.32	6.71	-	-
P/FCF Ratio	-	-	-	-	10.78	-
PS Ratio	1.25	1.44	2.35	2.17	2.56	-