GRANITE RIDGE RESOURCES INC (GRNT) Stock Fundamental Analysis

NYSE:GRNT • US3874321074

5.13 USD
0 (0%)
At close: Feb 24, 2026
5.13 USD
0 (0%)
Pre-Market: 2/25/2026, 4:49:07 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

GRNT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 206 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of GRNT while its profitability can be described as average. GRNT has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year GRNT was profitable.
  • In the past year GRNT had a positive cash flow from operations.
  • Of the past 5 years GRNT 4 years were profitable.
  • In the past 5 years GRNT always reported a positive cash flow from operatings.
GRNT Yearly Net Income VS EBIT VS OCF VS FCFGRNT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

1.2 Ratios

  • GRNT's Return On Assets of 3.33% is in line compared to the rest of the industry. GRNT outperforms 52.43% of its industry peers.
  • GRNT's Return On Equity of 5.84% is in line compared to the rest of the industry. GRNT outperforms 45.63% of its industry peers.
  • The Return On Invested Capital of GRNT (8.01%) is better than 74.76% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GRNT is significantly below the industry average of 21.96%.
  • The 3 year average ROIC (16.49%) for GRNT is well above the current ROIC(8.01%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 3.33%
ROE 5.84%
ROIC 8.01%
ROA(3y)14.52%
ROA(5y)11.52%
ROE(3y)18.16%
ROE(5y)14.28%
ROIC(3y)16.49%
ROIC(5y)N/A
GRNT Yearly ROA, ROE, ROICGRNT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 10 20 30

1.3 Margins

  • With a Profit Margin value of 8.33%, GRNT perfoms like the industry average, outperforming 53.88% of the companies in the same industry.
  • In the last couple of years the Profit Margin of GRNT has declined.
  • GRNT has a better Operating Margin (24.59%) than 65.05% of its industry peers.
  • In the last couple of years the Operating Margin of GRNT has declined.
  • GRNT has a better Gross Margin (93.71%) than 98.06% of its industry peers.
  • GRNT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.59%
PM (TTM) 8.33%
GM 93.71%
OM growth 3Y-19.75%
OM growth 5YN/A
PM growth 3Y-49.27%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5YN/A
GRNT Yearly Profit, Operating, Gross MarginsGRNT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GRNT is creating value.
  • GRNT has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, GRNT has a worse debt to assets ratio.
GRNT Yearly Shares OutstandingGRNT Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
GRNT Yearly Total Debt VS Total AssetsGRNT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • GRNT has an Altman-Z score of 1.62. This is a bad value and indicates that GRNT is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.62, GRNT is in line with its industry, outperforming 58.74% of the companies in the same industry.
  • GRNT has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of GRNT (0.47) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF N/A
Altman-Z 1.62
ROIC/WACC0.96
WACC8.35%
GRNT Yearly LT Debt VS Equity VS FCFGRNT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.41 indicates that GRNT should not have too much problems paying its short term obligations.
  • GRNT has a better Current ratio (1.41) than 62.14% of its industry peers.
  • GRNT has a Quick Ratio of 1.41. This is a normal value and indicates that GRNT is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.41, GRNT is in the better half of the industry, outperforming 68.93% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.41
Quick Ratio 1.41
GRNT Yearly Current Assets VS Current LiabilitesGRNT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The earnings per share for GRNT have decreased by 0.00% in the last year.
  • The earnings per share for GRNT have been decreasing by -43.98% on average. This is quite bad
  • Looking at the last year, GRNT shows a quite strong growth in Revenue. The Revenue has grown by 18.56% in the last year.
  • GRNT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.41% yearly.
EPS 1Y (TTM)0%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-35.71%
Revenue 1Y (TTM)18.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%19.77%

3.2 Future

  • The Earnings Per Share is expected to decrease by -1.35% on average over the next years.
  • The Revenue is expected to grow by 9.01% on average over the next years. This is quite good.
EPS Next Y-2.37%
EPS Next 2Y-7.08%
EPS Next 3Y1.55%
EPS Next 5Y-1.35%
Revenue Next Year24.39%
Revenue Next 2Y15.47%
Revenue Next 3Y12.97%
Revenue Next 5Y9.01%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
GRNT Yearly Revenue VS EstimatesGRNT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M 500M
GRNT Yearly EPS VS EstimatesGRNT Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 8.69, the valuation of GRNT can be described as reasonable.
  • Based on the Price/Earnings ratio, GRNT is valued cheaply inside the industry as 88.83% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of GRNT to the average of the S&P500 Index (26.98), we can say GRNT is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 10.61, the valuation of GRNT can be described as very reasonable.
  • GRNT's Price/Forward Earnings ratio is rather cheap when compared to the industry. GRNT is cheaper than 83.98% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 28.01. GRNT is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.69
Fwd PE 10.61
GRNT Price Earnings VS Forward Price EarningsGRNT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GRNT is valued cheaper than 94.66% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.9
GRNT Per share dataGRNT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.08%
EPS Next 3Y1.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • GRNT has a Yearly Dividend Yield of 8.98%, which is a nice return.
  • GRNT's Dividend Yield is rather good when compared to the industry average which is at 3.52. GRNT pays more dividend than 90.78% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, GRNT pays a better dividend.
Industry RankSector Rank
Dividend Yield 8.98%

5.2 History

  • GRNT has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
GRNT Yearly Dividends per shareGRNT Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

  • 153.30% of the earnings are spent on dividend by GRNT. This is not a sustainable payout ratio.
DP153.3%
EPS Next 2Y-7.08%
EPS Next 3Y1.55%
GRNT Yearly Income VS Free CF VS DividendGRNT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2020 2021 2022 2023 2024 0 100M 200M
GRNT Dividend Payout.GRNT Dividend Payout, showing the Payout Ratio.GRNT Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

GRANITE RIDGE RESOURCES INC

NYSE:GRNT (2/24/2026, 8:04:00 PM)

Premarket: 5.13 0 (0%)

5.13

0 (0%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-06
Earnings (Next)03-05
Inst Owners74.39%
Inst Owner Change-0.93%
Ins Owners3.27%
Ins Owner Change1.73%
Market Cap673.31M
Revenue(TTM)451.13M
Net Income(TTM)37.59M
Analysts76.67
Price Target6.97 (35.87%)
Short Float %2.64%
Short Ratio4.38
Dividend
Industry RankSector Rank
Dividend Yield 8.98%
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP153.3%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-20.02%
Min EPS beat(2)-26.32%
Max EPS beat(2)-13.73%
EPS beat(4)2
Avg EPS beat(4)-0.16%
Min EPS beat(4)-26.32%
Max EPS beat(4)31.58%
EPS beat(8)3
Avg EPS beat(8)0.24%
EPS beat(12)4
Avg EPS beat(12)-3.8%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.71%
Min Revenue beat(2)-8.9%
Max Revenue beat(2)-2.52%
Revenue beat(4)2
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-8.9%
Max Revenue beat(4)4.21%
Revenue beat(8)2
Avg Revenue beat(8)-1.74%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.21%
PT rev (3m)-1.21%
EPS NQ rev (1m)-1.64%
EPS NQ rev (3m)-11.11%
EPS NY rev (1m)3.81%
EPS NY rev (3m)1.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)-1.59%
Revenue NY rev (3m)-2.72%
Valuation
Industry RankSector Rank
PE 8.69
Fwd PE 10.61
P/S 1.49
P/FCF N/A
P/OCF 2.24
P/B 1.05
P/tB 1.05
EV/EBITDA 2.9
EPS(TTM)0.59
EY11.5%
EPS(NY)0.48
Fwd EY9.42%
FCF(TTM)-0.7
FCFYN/A
OCF(TTM)2.29
OCFY44.57%
SpS3.44
BVpS4.91
TBVpS4.91
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.07
Profitability
Industry RankSector Rank
ROA 3.33%
ROE 5.84%
ROCE 10.55%
ROIC 8.01%
ROICexc 8.25%
ROICexgc 8.25%
OM 24.59%
PM (TTM) 8.33%
GM 93.71%
FCFM N/A
ROA(3y)14.52%
ROA(5y)11.52%
ROE(3y)18.16%
ROE(5y)14.28%
ROIC(3y)16.49%
ROIC(5y)N/A
ROICexc(3y)17.88%
ROICexc(5y)N/A
ROICexgc(3y)17.88%
ROICexgc(5y)N/A
ROCE(3y)21.7%
ROCE(5y)N/A
ROICexgc growth 3Y-29.25%
ROICexgc growth 5YN/A
ROICexc growth 3Y-29.25%
ROICexc growth 5YN/A
OM growth 3Y-19.75%
OM growth 5YN/A
PM growth 3Y-49.27%
PM growth 5YN/A
GM growth 3Y-0.22%
GM growth 5YN/A
F-Score6
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF N/A
Debt/EBITDA 0.94
Cap/Depr 188.69%
Cap/Sales 86.85%
Interest Coverage 250
Cash Conversion 94.2%
Profit Quality N/A
Current Ratio 1.41
Quick Ratio 1.41
Altman-Z 1.62
F-Score6
WACC8.35%
ROIC/WACC0.96
Cap/Depr(3y)214.02%
Cap/Depr(5y)204.11%
Cap/Sales(3y)76.55%
Cap/Sales(5y)88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-35.71%
EPS Next Y-2.37%
EPS Next 2Y-7.08%
EPS Next 3Y1.55%
EPS Next 5Y-1.35%
Revenue 1Y (TTM)18.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%19.77%
Revenue Next Year24.39%
Revenue Next 2Y15.47%
Revenue Next 3Y12.97%
Revenue Next 5Y9.01%
EBIT growth 1Y14.34%
EBIT growth 3Y-12.21%
EBIT growth 5YN/A
EBIT Next Year269.7%
EBIT Next 3Y62.43%
EBIT Next 5Y47.18%
FCF growth 1Y-335.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-46.43%
OCF growth 3Y15.02%
OCF growth 5YN/A

GRANITE RIDGE RESOURCES INC / GRNT FAQ

Can you provide the ChartMill fundamental rating for GRANITE RIDGE RESOURCES INC?

ChartMill assigns a fundamental rating of 4 / 10 to GRNT.


What is the valuation status of GRANITE RIDGE RESOURCES INC (GRNT) stock?

ChartMill assigns a valuation rating of 5 / 10 to GRANITE RIDGE RESOURCES INC (GRNT). This can be considered as Fairly Valued.


Can you provide the profitability details for GRANITE RIDGE RESOURCES INC?

GRANITE RIDGE RESOURCES INC (GRNT) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for GRNT stock?

The Price/Earnings (PE) ratio for GRANITE RIDGE RESOURCES INC (GRNT) is 8.69 and the Price/Book (PB) ratio is 1.05.


How financially healthy is GRANITE RIDGE RESOURCES INC?

The financial health rating of GRANITE RIDGE RESOURCES INC (GRNT) is 3 / 10.