GRNT Granite Ridge Resources Inc
Price (delayed)
$6.09
Market cap
$796.65M
P/E Ratio
43.5
Dividend/share
$0.44
EPS
$0.14
Enterprise value
$992.23M
Highlights
GRNT's P/E is 89% above its last 4 quarters average of 23.0
Granite Ridge Resources's debt has soared by 86% YoY and by 5% from the previous quarter
Key stats
What are the main financial stats of GRNT
Market
Valuations
Earnings
Shares outstanding
130.81M
Market cap
$796.65M
Enterprise value
$992.23M
Price to earnings (P/E)
43.5
Price to book (P/B)
1.25
Price to sales (P/S)
2.09
EV/EBIT
22.84
EV/EBITDA
4.51
EV/Sales
2.61
Revenue
$380.03M
Gross profit
$296.56M
Operating income
$59.02M
Net income
$18.76M
EBIT
$43.44M
EBITDA
$219.97M
Free cash flow
-$57.27M
Per share
Balance sheet
Liquidity
EPS
$0.14
EPS diluted
$0.14
Free cash flow per share
-$0.44
Book value per share
$4.86
Revenue per share
$2.92
TBVPS
$7.96
Total assets
$1.04B
Total liabilities
$401.13M
Debt
$205M
Equity
$635.35M
Working capital
$33.41M
Debt to equity
0.32
Current ratio
1.33
Quick ratio
1.09
Net debt/EBITDA
0.89
Margins
Efficiency
Dividend
EBITDA margin
57.9%
Gross margin
78%
Net margin
4.9%
Operating margin
15.5%
Return on assets
1.9%
Return on equity
2.8%
Return on invested capital
4%
Return on capital employed
4.6%
Return on sales
11.4%
Dividend yield
7.22%
DPS
$0.44
Payout ratio
314.3%
GRNT stock price
How has the Granite Ridge Resources stock price performed over time
Intraday
2.35%
1 week
9.93%
1 month
-4.69%
1 year
-3.18%
YTD
-5.73%
QTD
-5.73%
Financial performance
How have Granite Ridge Resources's revenue and profit performed over time
Revenue
$380.03M
Gross profit
$296.56M
Operating income
$59.02M
Net income
$18.76M
Gross margin
78%
Net margin
4.9%
The company's net income has shrunk by 77% YoY and by 61% QoQ
Granite Ridge Resources's net margin has plunged by 76% YoY and by 61% from the previous quarter
The company's operating income fell by 35% YoY and by 17% QoQ
The operating margin has contracted by 33% YoY and by 17% 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
43.5
P/B
1.25
P/S
2.09
EV/EBIT
22.84
EV/EBITDA
4.51
EV/Sales
2.61
GRNT's P/E is 89% above its last 4 quarters average of 23.0
The EPS has shrunk by 77% YoY and by 61% QoQ
The P/B is 93% less than the 5-year quarterly average of 17.1 and 3.8% less than the last 4 quarters average of 1.3
Granite Ridge Resources's equity has decreased by 5% YoY and by 3.8% QoQ
The price to sales (P/S) is 82% lower than the 5-year quarterly average of 11.9
The revenue has declined by 3.6% year-on-year
Efficiency
How efficient is Granite Ridge Resources business performance
The ROA has dropped by 79% year-on-year and by 61% since the previous quarter
Granite Ridge Resources's return on equity has shrunk by 77% YoY and by 61% QoQ
The ROIC has plunged by 68% YoY and by 47% from the previous quarter
The ROS has shrunk by 59% YoY and by 45% QoQ
Dividends
What is GRNT's dividend history
DPS
$0.44
Dividend yield
7.22%
Payout ratio
314.3%
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 158% greater than its total liabilities
The total liabilities has soared by 57% YoY and by 7% from the previous quarter
The company's quick ratio fell by 50% YoY and by 16% QoQ
Granite Ridge Resources's debt is 68% less than its equity
Granite Ridge Resources's debt to equity has surged by 100% YoY and by 7% QoQ
Granite Ridge Resources's debt has soared by 86% YoY and by 5% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.