Granite Ridge Resources, Inc (GRNT) Financial Ratios
6 years of historical data (2020–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
3.17
↓-19% vs avg
5yr avg: 3.92
30Y Low2.8·High29.9
P/FCF
N/A
—
5yr avg: 10.76
30Y Low10.8·High10.8
P/B Ratio
↓
1.01
↓-38% vs avg
5yr avg: 1.62
30Y Low1.0·High7.5
ROE
↓
3.9%
↑-80% vs avg
5yr avg: 19.6%
30Y Low-13%·High46%
Debt/EBITDA
↑
1.20
↑+76% vs avg
5yr avg: 0.68
30Y Low0.2·High1.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GRNT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Granite Ridge Resources, Inc trades at 26.1x earnings, 32% above its 5-year average of 19.7x, sitting at the 60th percentile of its historical range. Compared to the Energy sector median P/E of 15.4x, the stock trades at a premium of 69%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $619M | $613M | $841M | $801M | $1.2B | $1.3B | $1.3B |
| Enterprise Value | $972M | $966M | $1.0B | $901M | $1.2B | $1.3B | $1.3B |
| P/E Ratio → | 26.06 | 26.11 | 46.14 | 9.87 | 4.58 | 11.96 | — |
| P/S Ratio | 1.37 | 1.36 | 2.21 | 2.03 | 2.42 | 4.49 | 15.32 |
| P/B Ratio | 1.01 | 1.01 | 1.32 | 1.19 | 1.81 | 2.75 | 7.48 |
| P/FCF | — | — | — | — | 10.76 | — | — |
| P/OCF | 2.09 | 2.07 | 3.05 | 2.65 | 3.47 | 7.20 | 19.97 |
P/E links to full P/E history page with 30-year chart
GRNT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Granite Ridge Resources, Inc's enterprise value stands at 3.2x EBITDA, 19% below its 5-year average of 3.9x. The Energy sector median is 7.8x, placing the stock at a 60% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.15 | 2.73 | 2.29 | 2.31 | 4.63 | 15.40 |
| EV / EBITDA | 3.17 | 3.15 | 4.40 | 3.59 | 2.82 | 5.65 | 29.91 |
| EV / EBIT | 10.66 | 10.60 | 23.87 | 8.12 | 4.15 | 12.12 | — |
| EV / FCF | — | — | — | — | 10.30 | — | — |
GRNT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Granite Ridge Resources, Inc earns an operating margin of 20.2%, above the Energy sector average of 13.8%. Operating margins have compressed from 23.0% to 20.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.9% is modest, trailing the sector median of 7.2%. ROIC of 7.6% represents adequate returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 27.1% | 27.1% | 31.6% | 36.8% | 63.6% | 52.1% | -22.9% |
| Operating Margin | 20.2% | 20.2% | 15.6% | 23.0% | 60.7% | 49.4% | -40.3% |
| Net Profit Margin | 5.4% | 5.4% | 4.9% | 20.6% | 52.7% | 37.4% | -27.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 3.9% | 3.9% | 2.9% | 12.1% | 46.1% | 33.2% | -13.4% |
| ROA | 2.2% | 2.2% | 1.9% | 9.4% | 39.1% | 29.3% | -12.4% |
| ROIC | 7.6% | 7.6% | 5.5% | 9.8% | 40.2% | 30.7% | — |
| ROCE | 9.1% | 9.1% | 6.6% | 11.4% | 49.9% | 42.9% | -18.6% |
GRNT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Granite Ridge Resources, Inc carries a Debt/EBITDA ratio of 1.2x, which is manageable (54% below the sector average of 2.6x). Net debt stands at $353M ($368M total debt minus $15M cash). Interest coverage of 3.6x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.61 | 0.61 | 0.32 | 0.16 | — | 0.11 | 0.06 |
| Debt / EBITDA | 1.20 | 1.20 | 0.87 | 0.44 | — | 0.21 | 0.22 |
| Net Debt / Equity | — | 0.58 | 0.31 | 0.15 | -0.08 | 0.08 | 0.04 |
| Net Debt / EBITDA | 1.15 | 1.15 | 0.83 | 0.40 | -0.12 | 0.16 | 0.16 |
| Debt / FCF | — | — | — | — | -0.46 | — | — |
| Interest Coverage | 3.57 | 3.57 | 2.35 | 20.86 | 139.36 | 46.48 | -12.00 |
GRNT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.25x means Granite Ridge Resources, Inc can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.44x to 1.25x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.25 | 1.25 | 1.33 | 2.44 | 2.28 | 1.45 | 5.05 |
| Quick Ratio | 1.25 | 1.25 | 1.33 | 2.44 | 2.28 | 1.45 | 5.05 |
| Cash Ratio | 0.27 | 0.27 | 0.40 | 0.98 | 0.79 | 0.18 | 0.65 |
| Asset Turnover | — | 0.39 | 0.37 | 0.43 | 0.63 | 0.53 | 0.45 |
| Inventory Turnover | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 60.12 | 66.94 | 67.55 | 53.04 | 59.49 | 39.81 |
GRNT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Granite Ridge Resources, Inc returns 9.4% to shareholders annually — split between a 9.4% dividend yield and 0.0% buyback yield. The payout ratio exceeds 100% at 236.9%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 3.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | 9.4% | 9.4% | 6.8% | 7.3% | 0.9% | 3.9% | — |
| Payout Ratio | 236.9% | 236.9% | 306.5% | 72.2% | 4.1% | 47.1% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.8% | 3.8% | 2.2% | 10.1% | 21.8% | 8.4% | — |
| FCF Yield | — | — | — | — | 9.3% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 4.4% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 9.4% | 9.4% | 6.9% | 11.7% | 0.9% | 3.9% | 0.0% |
| Shares Outstanding | — | $130M | $130M | $133M | $133M | $133M | $133M |
Peer Comparison
Compare GRNT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GRNTYou | $619M | 26.1 | 3.2 | — | 27.1% | 20.2% | 3.9% | 7.6% | 1.2 |
 VTLE | $693M | -3.8 | 4.5 | — | 31.4% | -1.2% | -6.3% | -0.3% | 3.6 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 BATL | $20M | -0.5 | 4.0 | — | 10.8% | -4.0% | 6.3% | -1.5% | 4.2 |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 DMLP | $1B | 20.8 | 9.4 | 9.1 | 46.2% | 37.5% | 17.2% | 14.7% | 0.0 |
 BSM | $3B | 10.9 | 10.5 | 10.0 | 74.9% | 61.8% | 26.6% | 16.1% | 0.5 |
 VNOM | $16B | -90.0 | 14.9 | — | 47.9% | 43.0% | -1.0% | 5.0% | 1.8 |
 TPL | $24B | 50.9 | 37.2 | 50.4 | 100.0% | 74.2% | 37.2% | 42.1% | 0.0 |
 HAL | $29B | 23.3 | 10.3 | 17.4 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 SLB | $72B | 20.5 | 11.1 | 15.1 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 6 years · Updated daily
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GRNT — Frequently Asked Questions
Quick answers to the most common questions about buying GRNT stock.
What is Granite Ridge Resources, Inc's P/E ratio?
Granite Ridge Resources, Inc's current P/E ratio is 26.1x. The historical average is 19.7x. This places it at the 60th percentile of its historical range.
What is Granite Ridge Resources, Inc's EV/EBITDA?
Granite Ridge Resources, Inc's current EV/EBITDA is 3.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.3x.
What is Granite Ridge Resources, Inc's ROE?
Granite Ridge Resources, Inc's return on equity (ROE) is 3.9%. The historical average is 14.1%.
Is GRNT stock overvalued?
Based on historical data, Granite Ridge Resources, Inc is trading at a P/E of 26.1x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Granite Ridge Resources, Inc's dividend yield?
Granite Ridge Resources, Inc's current dividend yield is 9.43% with a payout ratio of 236.9%.
What are Granite Ridge Resources, Inc's profit margins?
Granite Ridge Resources, Inc has 27.1% gross margin and 20.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Granite Ridge Resources, Inc have?
Granite Ridge Resources, Inc's Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.