GRNT Granite Ridge Resources Inc
Price (delayed)
$6.2
Market cap
$810.61M
P/E Ratio
17.22
Dividend/share
$0.44
EPS
$0.36
Enterprise value
$982.51M
Highlights
Granite Ridge Resources's debt has soared by 129% YoY and by 18% from the previous quarter
The EPS has shrunk by 60% YoY and by 14% QoQ
Key stats
What are the main financial stats of GRNT
Market
Valuations
Earnings
Shares outstanding
130.74M
Market cap
$810.61M
Enterprise value
$982.51M
Price to earnings (P/E)
17.22
Price to book (P/B)
1.23
Price to sales (P/S)
2.12
EV/EBIT
12.38
EV/EBITDA
3.87
EV/Sales
2.58
Revenue
$380.52M
Gross profit
$296.07M
Operating income
$70.9M
Net income
$47.92M
EBIT
$79.39M
EBITDA
$253.64M
Free cash flow
-$17.23M
Per share
Balance sheet
Liquidity
EPS
$0.36
EPS diluted
$0.36
Free cash flow per share
-$0.13
Book value per share
$5.05
Revenue per share
$2.92
TBVPS
$7.96
Total assets
$1.04B
Total liabilities
$375.3M
Debt
$195M
Equity
$660.58M
Working capital
$47.63M
Debt to equity
0.3
Current ratio
1.56
Quick ratio
1.29
Net debt/EBITDA
0.68
Margins
Efficiency
Dividend
EBITDA margin
66.7%
Gross margin
77.8%
Net margin
12.6%
Operating margin
18.6%
Return on assets
4.9%
Return on equity
7.2%
Return on invested capital
7.6%
Return on capital employed
8.3%
Return on sales
20.9%
Dividend yield
7.1%
DPS
$0.44
Payout ratio
122.2%
GRNT stock price
How has the Granite Ridge Resources stock price performed over time
Intraday
1.97%
1 week
-0.48%
1 month
-7.05%
1 year
14.18%
YTD
-4.02%
QTD
-4.02%
Financial performance
How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$380.52M
Gross profit
$296.07M
Operating income
$70.9M
Net income
$47.92M
Gross margin
77.8%
Net margin
12.6%
The company's net income has shrunk by 60% YoY and by 16% QoQ
Granite Ridge Resources's net margin has plunged by 58% YoY and by 13% from the previous quarter
The company's operating income has shrunk by 53% YoY and by 10% QoQ
The operating margin has contracted by 50% YoY and by 7% from the previous quarter
Growth
What is Granite Ridge Resources's growth rate over time
Valuation
What is Granite Ridge Resources stock price valuation
P/E
17.22
P/B
1.23
P/S
2.12
EV/EBIT
12.38
EV/EBITDA
3.87
EV/Sales
2.58
The EPS has shrunk by 60% YoY and by 14% QoQ
GRNT's P/E is 23% above its last 4 quarters average of 14.0
The P/B is 93% less than the 5-year quarterly average of 18.1 but 2.5% more than the last 4 quarters average of 1.2
The price to sales (P/S) is 83% lower than the 5-year quarterly average of 12.5
The revenue has declined by 6% year-on-year and by 3.6% since the previous quarter
Efficiency
How efficient is Granite Ridge Resources business performance
The ROA has dropped by 65% year-on-year and by 18% since the previous quarter
Granite Ridge Resources's return on equity has shrunk by 61% YoY and by 15% QoQ
The ROIC has plunged by 60% YoY and by 12% from the previous quarter
The ROS fell by 46% YoY and by 3.7% QoQ
Dividends
What is GRNT's dividend history
DPS
$0.44
Dividend yield
7.1%
Payout ratio
122.2%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Granite Ridge Resources financials performed over time
GRNT's total assets is 176% greater than its total liabilities
The total liabilities has grown by 39% YoY and by 15% from the previous quarter
The company's quick ratio fell by 33% QoQ
Granite Ridge Resources's debt is 70% less than its equity
Granite Ridge Resources's debt to equity has surged by 131% YoY and by 20% QoQ
Granite Ridge Resources's debt has soared by 129% YoY and by 18% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.