Last 21 quarters of trend data · Energy · Oil & Gas Exploration & Production
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 26.8% YoY to 3.6x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 26.06 | — | — | 12.30 | 8.38 | 20.32 | — | 21.49 | 40.37 | 13.54 | 11.58 | 11.73 | 25.19 |
| — | — | — | -42.8% | -79.2% | +50.1% | — | +83.2% | +60.3% | +158.4% | +382.1% | +182.1% | -94.3% | |
| P/S Ratio | 1.37 | 1.49 | 1.45 | 1.57 | 1.90 | 1.61 | 1.98 | 2.06 | 2.27 | 2.38 | 1.86 | 1.89 | 2.52 |
| — | -7.3% | -26.5% | -23.8% | -16.3% | -32.2% | +6.2% | +8.7% | -9.6% | +11.2% | -27.9% | -22.1% | +13.9% | |
| P/B Ratio | 1.01 | 1.41 | 1.01 | 1.10 | 1.29 | 1.26 | 1.32 | 1.17 | 1.24 | 1.26 | 1.18 | 1.26 | 1.35 |
| — | +11.9% | -23.5% | -6.4% | +4.5% | +0.0% | +11.8% | -7.1% | -8.2% | +3.7% | -34.5% | -55.9% | -59.8% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | 11.34 | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 3.17 | 3.58 | 3.65 | 3.29 | 3.72 | 2.82 | 6.04 | 3.43 | 3.84 | 3.98 | 4.28 | 2.92 | 3.92 |
| — | +26.8% | -39.5% | -4.2% | -3.2% | -29.0% | +41.1% | +17.5% | -1.8% | +26.5% | +27.3% | +0.7% | +54.1% | |
| EV / EBIT | 10.66 | 11.06 | — | 9.80 | 7.11 | 14.50 | — | 12.99 | 19.37 | 9.94 | 9.18 | 9.18 | 16.37 |
| — | -23.7% | — | -24.5% | -63.3% | +45.9% | — | +41.4% | +18.4% | +140.0% | +122.7% | +123.6% | +362.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Granite Ridge Resources, Inc's operating margin was 20.5% in Q1 2026, up 12.7 pp QoQ and down 14.1 pp YoY. The trailing four-quarter average of 16.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 32.0% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.1% | 27.6% | 15.6% | 23.6% | 26.8% | 40.6% | 32.1% | 93.3% | 31.4% | 30.1% | 33.6% | 36.4% | 36.4% |
| — | -32.0% | -51.5% | -74.7% | -14.8% | +34.6% | -4.5% | +156.5% | -13.6% | -27.5% | -44.4% | -37.9% | -46.2% | |
| Operating Margin | 20.2% | 20.5% | 7.8% | 17.4% | 19.0% | 34.6% | -6.5% | 26.2% | 24.1% | 22.0% | 4.4% | 30.1% | 27.3% |
| — | -40.8% | +219.7% | -33.7% | -21.4% | +57.1% | -247.0% | -12.8% | -11.4% | -31.6% | -91.9% | -46.8% | -58.8% | |
| Net Margin | 5.4% | -36.7% | -23.8% | 12.9% | 23.0% | 8.0% | -10.9% | 9.6% | 5.6% | 18.2% | 16.4% | 16.6% | 10.0% |
| — | -559.4% | -117.3% | +33.9% | +308.1% | -56.2% | -166.6% | -41.9% | -43.6% | -54.8% | -66.3% | -71.6% | -83.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.9% | -8.2% | -4.0% | 2.3% | 3.9% | 1.5% | -1.8% | 1.4% | 0.8% | 2.4% | 2.7% | 2.8% | 1.3% |
| — | -627.4% | -123.6% | +65.3% | +417.0% | -35.8% | -167.6% | -50.5% | -43.4% | -57.2% | -73.5% | -85.2% | -94.7% | |
| ROA | 2.2% | -4.0% | -2.2% | 1.3% | 2.3% | 0.9% | -1.1% | 0.9% | 0.5% | 1.7% | 1.9% | 2.0% | 1.0% |
| — | -531.0% | -94.6% | +45.5% | +338.9% | -46.1% | -159.1% | -55.4% | -48.4% | -61.6% | -78.4% | -88.7% | -95.6% | |
| ROIC | 7.6% | 2.1% | 0.7% | 1.6% | 1.7% | 3.8% | -0.6% | 2.2% | 2.0% | 1.9% | 0.5% | 3.4% | 2.6% |
| — | -44.8% | +204.5% | -29.1% | -14.4% | +99.8% | -232.0% | -34.7% | -22.9% | -45.7% | -94.7% | -74.7% | -86.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Granite Ridge Resources, Inc's Debt/EBITDA ratio is 5.2x, down from 5.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 22.7% YoY to 0.93x, tightening the short-term liquidity position. Debt/Equity has risen for 12 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.61 | 0.78 | 0.61 | 0.47 | 0.43 | 0.40 | 0.32 | 0.30 | 0.25 | 0.20 | 0.16 | 0.13 | 0.08 |
| — | +97.3% | +88.2% | +57.8% | +72.6% | +94.1% | +97.0% | +125.8% | +194.1% | +426.4% | — | — | +2050.3% | |
| Debt / EBITDA | 1.20 | 5.25 | 5.56 | 3.97 | 3.71 | 2.75 | 4.78 | 2.83 | 2.60 | 2.27 | 2.10 | 1.11 | 0.93 |
| — | +90.9% | +16.5% | +40.2% | +42.7% | +21.0% | +127.0% | +156.2% | +178.1% | +474.5% | — | — | +7793.8% | |
| Current Ratio | 1.25 | 0.93 | 1.25 | 1.41 | 1.32 | 1.20 | 1.33 | 1.56 | 2.24 | 2.55 | 2.44 | 1.47 | 1.97 |
| — | -22.7% | -6.0% | -9.6% | -40.9% | -53.1% | -45.6% | +6.6% | +13.3% | +59.4% | +7.0% | -62.3% | +8833.7% | |
| Quick Ratio | 1.25 | 0.93 | 1.25 | 1.41 | 1.32 | 1.20 | 1.33 | 1.56 | 2.24 | 2.55 | 2.44 | 1.47 | 1.97 |
| — | -22.7% | -6.0% | -9.6% | -40.9% | -53.1% | -45.6% | +6.6% | +13.3% | +59.4% | +7.0% | -62.3% | +8833.7% | |
| Interest Coverage | 3.57 | 2.55 | -2.85 | 4.18 | 6.56 | 3.53 | -2.48 | 3.78 | 2.17 | 7.67 | 10.11 | 18.04 | 11.62 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 21 years · Updated daily
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Quick answers to the most common questions about buying GRNT stock.
Granite Ridge Resources, Inc's current P/E is 26.1x. The average P/E over the last 2 quarters is 10.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Granite Ridge Resources, Inc's current operating margin is 20.2%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Granite Ridge Resources, Inc's business trajectory between earnings reports.