GRANITE RIDGE RESOURCES INC (GRNT) Fundamental Analysis & Valuation

NYSE:GRNT • US3874321074

5.02 USD
-0.3 (-5.64%)
At close: Mar 10, 2026
5.05 USD
+0.03 (+0.6%)
After Hours: 3/10/2026, 6:40:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This GRNT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall GRNT gets a fundamental rating of 4 out of 10. We evaluated GRNT against 207 industry peers in the Oil, Gas & Consumable Fuels industry. While GRNT is still in line with the averages on profitability rating, there are concerns on its financial health. GRNT is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. GRNT Profitability Analysis

1.1 Basic Checks

  • GRNT had positive earnings in the past year.
  • 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

  • With a Return On Assets value of 3.33%, GRNT perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
  • GRNT has a Return On Equity of 5.84%. This is comparable to the rest of the industry: GRNT outperforms 45.41% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 8.01%, GRNT is in the better half of the industry, outperforming 72.46% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GRNT is significantly below the industry average of 22.52%.
  • 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

  • The Profit Margin of GRNT (8.33%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of GRNT has declined.
  • GRNT's Operating Margin of 24.59% is fine compared to the rest of the industry. GRNT outperforms 65.70% of its industry peers.
  • GRNT's Operating Margin has declined in the last couple of years.
  • GRNT's Gross Margin of 93.71% is amongst the best of the industry. GRNT outperforms 98.07% 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

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3

2. GRNT Health Analysis

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.
  • GRNT has a worse debt/assets ratio than last year.
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

  • Based on the Altman-Z score of 1.65, we must say that GRNT is in the distress zone and has some risk of bankruptcy.
  • GRNT has a Altman-Z score of 1.65. This is comparable to the rest of the industry: GRNT outperforms 56.52% of its industry peers.
  • 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 1.65
ROIC/WACC0.95
WACC8.42%
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

  • GRNT has a Current 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 Current ratio, with a value of 1.41, GRNT is in the better half of the industry, outperforming 62.80% of the companies in the same industry.
  • 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 69.57% 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

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

4

3. GRNT Growth Analysis

3.1 Past

  • The earnings per share for GRNT have decreased strongly by -23.21% in the last year.
  • GRNT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -43.98% yearly.
  • The Revenue has decreased by -3.56% in the past year.
  • Measured over the past years, GRNT shows a quite strong growth in Revenue. The Revenue has been growing by 9.41% on average per year.
EPS 1Y (TTM)-23.21%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-94.12%
Revenue 1Y (TTM)-3.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%-0.77%

3.2 Future

  • Based on estimates for the next years, GRNT will show a decrease in Earnings Per Share. The EPS will decrease by -1.35% on average per year.
  • GRNT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.01% yearly.
EPS Next Y-2.74%
EPS Next 2Y-4.33%
EPS Next 3Y0.36%
EPS Next 5Y-1.35%
Revenue Next Year24.39%
Revenue Next 2Y14.27%
Revenue Next 3Y12.37%
Revenue Next 5Y9.01%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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

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5

4. GRNT Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 11.67 indicates a reasonable valuation of GRNT.
  • Based on the Price/Earnings ratio, GRNT is valued a bit cheaper than 75.85% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.25. GRNT is valued rather cheaply when compared to this.
  • GRNT is valuated reasonably with a Price/Forward Earnings ratio of 9.79.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GRNT indicates a rather cheap valuation: GRNT is cheaper than 85.99% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of GRNT to the average of the S&P500 Index (24.39), we can say GRNT is valued rather cheaply.
Industry RankSector Rank
PE 11.67
Fwd PE 9.79
GRNT Price Earnings VS Forward Price EarningsGRNT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GRNT indicates a rather cheap valuation: GRNT is cheaper than 95.65% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.98
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-4.33%
EPS Next 3Y0.36%

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

5

5. GRNT Dividend Analysis

5.1 Amount

  • GRNT has a Yearly Dividend Yield of 8.76%, which is a nice return.
  • GRNT's Dividend Yield is rather good when compared to the industry average which is at 3.45. GRNT pays more dividend than 90.34% of the companies in the same industry.
  • GRNT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 8.76%

5.2 History

  • GRNT has been paying a dividend for over 5 years, so it has already some track record.
  • GRNT has decreased its dividend in the last 3 years.
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 2026 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-4.33%
EPS Next 3Y0.36%
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

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GRNT Fundamentals: All Metrics, Ratios and Statistics

GRANITE RIDGE RESOURCES INC

NYSE:GRNT (3/10/2026, 6:40:00 PM)

After market: 5.05 +0.03 (+0.6%)

5.02

-0.3 (-5.64%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)03-05
Earnings (Next)05-18
Inst Owners73.05%
Inst Owner Change-0.93%
Ins Owners3.43%
Ins Owner Change2.62%
Market Cap658.88M
Revenue(TTM)380.03M
Net Income(TTM)37.59M
Analysts76.67
Price Target6.97 (38.84%)
Short Float %3.12%
Short Ratio5.2
Dividend
Industry RankSector Rank
Dividend Yield 8.76%
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP153.3%
Div Incr Years0
Div Non Decr Years2
Ex-Date02-27
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)0%
PT rev (3m)-1.21%
EPS NQ rev (1m)-16.07%
EPS NQ rev (3m)-16.81%
EPS NY rev (1m)2.69%
EPS NY rev (3m)2.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)-1.59%
Revenue NY rev (3m)-1.87%
Valuation
Industry RankSector Rank
PE 11.67
Fwd PE 9.79
P/S 1.46
P/FCF N/A
P/OCF 2.2
P/B 1.02
P/tB 1.02
EV/EBITDA 2.98
EPS(TTM)0.43
EY8.57%
EPS(NY)0.51
Fwd EY10.21%
FCF(TTM)-0.7
FCFYN/A
OCF(TTM)2.29
OCFY45.55%
SpS3.44
BVpS4.91
TBVpS4.91
PEG (NY)N/A
PEG (5Y)N/A
Graham Number6.89
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 1.65
F-Score6
WACC8.42%
ROIC/WACC0.95
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)-23.21%
EPS 3Y-43.98%
EPS 5YN/A
EPS Q2Q%-94.12%
EPS Next Y-2.74%
EPS Next 2Y-4.33%
EPS Next 3Y0.36%
EPS Next 5Y-1.35%
Revenue 1Y (TTM)-3.56%
Revenue growth 3Y9.41%
Revenue growth 5YN/A
Sales Q2Q%-0.77%
Revenue Next Year24.39%
Revenue Next 2Y14.27%
Revenue Next 3Y12.37%
Revenue Next 5Y9.01%
EBIT growth 1Y14.34%
EBIT growth 3Y-12.21%
EBIT growth 5YN/A
EBIT Next Year269.26%
EBIT Next 3Y61.93%
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 11.67 and the Price/Book (PB) ratio is 1.02.


How financially healthy is GRANITE RIDGE RESOURCES INC?

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