tradmap

GRNT Financials Granite Ridge Resources, Inc.

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 38.9% per year over the past 5 years.
  • Operating margin has expanded, at 10.3% in the latest year.

Financial health

  • Total debt ($385M) exceeds cash ($15M); net debt is $370M.
  • Total debt has grown faster than revenue (332.6% vs 38.9% per year).
  • Operating income covered interest expense 1.8× in the latest year.
  • Total debt is 8.3× EBITDA.

Shareholder returns

  • Dividends have been paid for 4 consecutive years, consuming 236.4% of earnings.
  • The dividend has grown 75.5% per year over the past 5 years.
Revenue & net income
-$24M $237M $497M $0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-40% 10% 61% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $1 $1 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $193M $385M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$410M -$32M $346M $0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $450M $24M 0.0% 10.3% — $385M $15M
2024 $380M $19M 0.0% 15.6% — $205M $9M
2023 $394M $81M 0.0% 23.0% — $110M $11M
2022 $497M $262M 0.0% 60.7% — $0 $51M
2021 $290M $108M 0.0% 49.4% — $1M $12M
2020 $87M -$24M 0.0% -40.3% — — $9M

Valuation over time

How the market has priced GRNT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 22.6 45.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 1.1 2.3 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 5.0 9.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is GRNT growing its revenue and profit?

Over the past 5 years, Granite Ridge Resources, Inc.'s revenue has grown 38.9% per year. These are computed facts, not advice.

How much debt does GRNT have?

As of FY2025, Granite Ridge Resources, Inc. reported $385M of total debt against $15M of cash; operating income covered interest expense 1.8×.

What is GRNT's profit margin?

In FY2025, gross margin was —, operating margin 10.3%, and net margin 5.4%.

What is GRNT's P/E ratio?

As of Jun '26, Granite Ridge Resources, Inc. traded at a price-to-earnings ratio of about 23.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.