Granite Ridge Resources, Inc.
Granite Ridge Resources, Inc.
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash | 44 | 30 | 15 | 12 | 4 | 16 | 9 | 23 | 14 | 21 | 10 | 6 | |||||
Accrued Fees And Other Revenue Receivable | 101 | 91 | 74 | 75 | 77 | 81 | 70 | 59 | 67 | 65 | 73 | 83 | |||||
Assets Current | |||||||||||||||||
Assets Current | 155 | 144 | 119 | 109 | 109 | 128 | 135 | 132 | 151 | 169 | 152 | 102 | |||||
Other Prepaid Expense Current | - | - | - | - | - | - | - | - | 2 | 3 | 2 | 0 | |||||
Prepaid Expense And Other Assets Current | 5 | 1 | 2 | 1 | 2 | 5 | 4 | 3 | - | - | 2 | - | |||||
Derivative Assets Current | 2 | 2 | 14 | 7 | 7 | 1 | 1 | 8 | 4 | 7 | 11 | 2 | |||||
Equity Securities Fv Ni | 0 | 18 | 11 | 12 | 11 | 22 | 32 | 28 | 49 | 58 | 50 | - | |||||
Oil And Gas Property Successful Effort Method Gros… | 2,039 | 1,954 | 1,897 | 1,815 | 1,734 | 1,646 | 1,540 | 1,493 | 1,384 | 1,301 | 1,237 | 1,312 | |||||
Oil And Gas Property Successful Effort Method Accu… | -965 | -913 | -858 | -800 | -744 | -691 | -643 | -593 | -549 | -508 | -467 | -496 | |||||
Property Plant And Equipm… | |||||||||||||||||
Oil And Gas Property Successful Effort Method Net | 1,075 | 1,041 | 1,040 | 1,015 | 989 | 955 | 897 | 899 | 835 | 793 | 770 | 815 | |||||
Assets Noncurrent | |||||||||||||||||
Derivative Assets Noncurrent | 3 | 3 | 4 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | - | |||||
Other Assets Noncurrent | 5 | 6 | 6 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 3 | |||||
Assets | 1,238 | 1,194 | 1,168 | 1,129 | 1,105 | 1,087 | 1,036 | 1,036 | 990 | 967 | 927 | 921 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accrued Liabilities Current | - | - | - | - | - | - | - | - | 62 | 62 | 61 | 62 | |||||
Accounts Payable And Accrued Liabilities Current | 100 | 80 | 77 | 75 | 78 | 91 | 99 | 83 | - | - | 61 | - | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 151 | 156 | 95 | 77 | 82 | 107 | 102 | 84 | 67 | 66 | 62 | 70 | |||||
Long Term Debt Current | 35 | 26 | 18 | - | - | - | 0 | - | - | - | - | - | |||||
Derivative Liabilities Current | 11 | 42 | 0 | 0 | 3 | 16 | 2 | - | - | - | 0 | 4 | |||||
Other Liabilities Current | 6 | 7 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 3 | |||||
Long Term Debt Noncurrent | 427 | 400 | 383 | 300 | 275 | 250 | 205 | 195 | 165 | 138 | 110 | 85 | |||||
Long Term Debt | - | - | 368 | - | - | - | 205 | - | - | - | - | - | |||||
Liabilities Noncurrent | |||||||||||||||||
Derivative Liabilities Noncurrent | 1 | 5 | 0 | 1 | 3 | 5 | 4 | 1 | 2 | 1 | 0 | 0 | |||||
Liabilities Noncurrent | 524 | 493 | 467 | 408 | 380 | 349 | 299 | 291 | 258 | 227 | 193 | 201 | |||||
Asset Retirement Obligations Noncurrent | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 10 | 10 | 10 | 9 | 6 | |||||
Deferred Income Tax Liabilities Net | 82 | 74 | 87 | 95 | 90 | 83 | 80 | 85 | 80 | 79 | 74 | 109 | |||||
Other Liabilities Noncurrent | 1 | 1 | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities | 675 | 648 | 562 | 485 | 462 | 456 | 401 | 375 | 325 | 293 | 255 | 270 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Stockholders Equity | 562 | 546 | 606 | 644 | 642 | 631 | 635 | 661 | 665 | 674 | 672 | 650 | |||||
Additional Paid In Capital | 662 | 661 | 659 | 658 | 657 | 656 | 655 | 655 | 654 | 654 | 653 | 611 | |||||
Retained Earnings Accumulated Deficit | -63 | -79 | -17 | 22 | 22 | 11 | 16 | 42 | 47 | 57 | 55 | 52 | |||||
Treasury Stock Common Value | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -36 | -13 | |||||
Liabilities And Stockholders Equity | 1,238 | 1,194 | 1,168 | 1,129 | 1,105 | 1,087 | 1,036 | 1,036 | 990 | 967 | 927 | 921 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 431 | 431 | 431 | 431 | 431 | 431 | 431 | 431 | 431 | 431 | 431 | 431 | |||||
Common Stock Shares Issued | 138 | 138 | 137 | 137 | 137 | 137 | 136 | 136 | 136 | 136 | 136 | 136 | |||||
Treasury Stock Common Shares | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 2 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -11.24% | -17.08% | -11.42% | - | - | - | - | - | - | - | - | - |
| 2025 | 12.10% | 30.05% | 6.31% | 16.19% | 20.58% | 10.34% | 2.16% | -7.76% | -8.75% | 16.33% | 12.15% | 9.96% |
| 2024 | 1.22% | -2.18% | 4.62% | 4.01% | -1.72% | -2.37% | 3.47% | -4.07% | 1.39% | 17.20% | -6.62% | 4.73% |
| 2023 | - | - | - | 9.88% | -12.49% | -12.49% | 3.38% | 3.72% | -3.51% | 9.80% | 11.99% | 10.98% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.02 | 0.93 | 1.25 | 1.41 | 1.32 | 1.20 | 1.33 | 1.56 | 2.24 | 2.55 | 2.44 | 1.47 | |||||
| Quick Ratio | 0.99 | 0.92 | 1.23 | 1.40 | 1.29 | 1.15 | 1.29 | 1.53 | 2.24 | 2.55 | 2.41 | 1.47 | |||||
| Working Capital | 3.59M | -11.62M | 23.70M | 31.84M | 26.49M | 21.13M | 33.41M | 47.63M | 83.26M | 102.75M | 89.47M | 32.63M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.20 | 1.19 | 0.93 | 0.75 | 0.72 | 0.72 | 0.63 | 0.57 | 0.49 | 0.43 | 0.38 | 0.42 | |||||
| Interest Coverage TTM | 1.03 | 0.61 | 1.82 | 3.50 | 3.97 | 4.04 | 3.21 | 4.38 | 6.19 | 9.93 | 17.04 | 71.80 | |||||
| Debt Ratio | 0.55 | 0.54 | 0.48 | 0.43 | 0.42 | 0.42 | 0.39 | 0.36 | 0.33 | 0.30 | 0.28 | 0.29 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.42 | 0.40 | 0.41 | 0.42 | 0.41 | 0.40 | 0.39 | 0.39 | 0.42 | 0.43 | 0.46 | 0.93 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.21 | -0.25 | 0.19 | 0.29 | 0.25 | 0.09 | 0.14 | 0.37 | 0.44 | 0.46 | 0.61 | 1.83 | |||||
| Free Cash Flow Per Share TTM | 2.09 | 2.13 | 2.27 | 1.72 | 1.69 | 2.17 | 2.12 | 2.29 | 2.15 | 2.23 | 2.28 | 2.29 | |||||
| Dividend Per Share TTM | 0.44 | 0.44 | 0.44 | 0.33 | 0.33 | 0.44 | 0.44 | 0.44 | 0.45 | 0.45 | 0.44 | 0.41 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | - | - | - | - | - | - | - | - | 102.08% | 101.35% | 100.67% | |||||
| Operating Profit Margin TTM | 7.47% | 4.11% | 10.31% | 16.83% | 18.74% | 19.85% | 15.59% | 18.63% | 19.96% | 20.63% | 22.99% | 47.94% | |||||
| Net Profit Margin TTM | -5.56% | -7.13% | 5.41% | 8.38% | 7.47% | 2.98% | 4.94% | 12.59% | 14.39% | 15.43% | 20.58% | 37.97% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 14.60% | 10.07% | 18.49% | 18.56% | 9.54% | 5.67% | -3.56% | -41.25% | -37.28% | -34.45% | - | - | |||||
| Net Income Growth (1Y) | -185.31% | -363.20% | 29.82% | -21.13% | -43.12% | -79.58% | -76.87% | -80.51% | -81.55% | -81.36% | - | - | |||||
| EPS Growth (1Y) | -185.09% | -362.63% | 29.57% | -21.30% | -43.23% | -79.61% | -76.35% | -79.89% | -81.17% | -80.95% | - | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -20.92 | -23.07 | 24.08 | 17.49 | 23.61 | 57.83 | 39.64 | 14.03 | 12.40 | 11.76 | 8.16 | 2.70 | |||||
| P/B TTM | 1.03 | 1.37 | 0.97 | 1.03 | 1.19 | 1.13 | 1.17 | 1.02 | 1.06 | 1.05 | 0.98 | 1.02 | |||||
| P/S TTM | 1.16 | 1.65 | 1.30 | 1.47 | 1.76 | 1.72 | 1.96 | 1.77 | 1.78 | 1.81 | 1.68 | 1.03 | |||||
| Market Cap | 576.85M | 749.67M | 586.46M | 660.97M | 763.11M | 713.90M | 743.65M | 672.39M | 704.41M | 710.99M | 661.54M | 664.75M | |||||
| Enterprise Value | 994.87M | 1.15B | 971.61M | 949.13M | 1.03B | 947.79M | 939.24M | 844.29M | 855.57M | 827.41M | 760.81M | 743.33M | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 273.95M | 278.67M | 296.41M | 224.02M | 220.93M | 283.17M | 275.73M | 297.71M | 280.05M | 290.05M | 302.87M | 307.73M | |||||
| Net Debt | 418.02M | 396.22M | 385.15M | 288.17M | 271.26M | 233.89M | 195.58M | 171.90M | 151.16M | 116.42M | 99.27M | 78.58M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Institutional Ownership
Granite Ridge Resources, Inc. (GRNT) — SEC Financial Statements & Analysis
Granite Ridge Resources, Inc. (GRNT) is a crude petroleum & natural gas company. Granite Ridge Resources, Inc. trades on NYSE as: GRNT. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), Granite Ridge Resources, Inc. reported a 14.60% year-over-year revenue growth, a Gross Profit Margin of 102.08% (TTM), a Debt-to-Equity ratio of 1.20x, a Price-to-Sales (P/S) ratio of 1.16x (TTM), a Price-to-Book (P/B) ratio of 1.03x (TTM), at a market cap of $576.85M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 14.60%
- Gross Profit Margin TTM
- 102.08%
- Debt To Equity
- 1.20x
- P/S TTM
- 1.16x
- P/B TTM
- 1.03x
- Market Cap
- $576.85M
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Granite Ridge Resources, Inc. in?
Granite Ridge Resources, Inc. (GRNT) operates in the Crude Petroleum & Natural Gas industry.
What is GRNT's market cap?
Granite Ridge Resources, Inc. (GRNT) has a market capitalization of $576.85M as of 2026-06-30.
What exchange does GRNT trade on?
Granite Ridge Resources, Inc. (GRNT) trades on the NYSE.