Granite Ridge Resources profit margin GRNT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2022.
- Net margin, 12 months
- −5.6%
- Operating margin, 12 months
- 7.5%
- Net margin on a year earlier
- −13.0 pts
- Peer median
- 23.0%
Over the twelve months to Jun 30, 2026, Granite Ridge Resources kept −5.6% of its revenue as net profit, with an operating margin of 7.5%.
The median for 10 oil and gas producers of a similar size is 23.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 5.4% | 10.3% |
| FY2024 | 4.9% | 15.6% |
| FY2023 | 20.6% | 23.0% |
| FY2022 | 52.7% | 60.7% |
| FY2021 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −5.6% | −13.0 pts | 7.5% | |
| Q1 FY26 | −7.1% | −10.1 pts | 4.1% | |
| Q4 FY25 | 5.4% | +0.5 pts | 10.3% | |
| Q3 FY25 | 8.4% | −4.2 pts | 16.8% | |
| Q2 FY25 | 7.5% | −6.9 pts | 18.7% | |
| Q1 FY25 | 3.0% | −12.5 pts | 19.9% | |
| Q4 FY24 | 4.9% | −15.6 pts | 15.6% | |
| Q3 FY24 | 12.6% | −17.2 pts | 18.6% | |
| Q2 FY24 | 14.4% | −27.8 pts | 20.0% | |
| Q1 FY24 | 15.4% | −38.5 pts | 20.6% | |
| Q4 FY23 | 20.6% | −32.2 pts | 23.0% | |
| Q3 FY23 | 29.8% | −18.9 pts | 37.1% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Granite Ridge Resources' size, closest first, today.
| Company | Profit margin |
|---|---|
| GRNTGranite Ridge Resources | −5.6% |
| TTITetra Technologies | 1.0% |
| SDSandridge Energy | 46.1% |
| REPXRiley Exploration Permian | 24.5% |
| PNRGPrimeenergy Resources | 13.9% |
| MNRMach Natural Resources | 7.4% |
| KRPKimbell Royalty Partners | 23.0% |
| BKVBKV | 22.9% |
| GPORGulfport Energy | 32.3% |
| AMPYAmplify Energy | 10.6% |
| BSMBlack Stone Minerals | 61.7% |
| Peer median | 23.0% |
Where Granite Ridge Resources ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Granite Ridge Resources
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.