Granite Ridge Resources (GRNT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Granite Ridge Resources

NYSE•Energy•Oil & Gas E&P

$5.080.00(0.00%)Market closed

Market Cap

$646.18M

P/S

1.3x

P/B

1.1x

Granite Ridge Resources, Inc. operates as a non-operated oil and natural gas exploration and production company. It owns a portfolio of wells and acreage across the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg (DJ), Appalachian basins, and other unconventional basins in the United States. The company is based in Dallas, Texas.

How this company scores

AverageMetricSide Score: 46/100

Strongest: Growth (14/25); weakest: Cash & Earnings Quality (9/25).

Profitability11/25

Growth14/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality9/25

Strengths

Long cash runwayConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 25.7x5y range 2.9x – 64.2x

Currently above its 11-quarter median.

P/S · 1.3x5y range 1.2x – 2.2x

Currently below its 13-quarter median.

P/B · 1.1x5y range 1.0x – 1.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 72.0% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $646.18M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $495.69M
Q. Revenue: $149.27M
TTM EBITDA: $258.50M
TTM Op. Income: $37.02M
Q. Op. Income: $39.02M
TTM Net Income: $-27.57M
Q. Net Income: $30.00M
EPS: $0.23
Shares Out.: $130.81M

$495.69M in TTM revenue grew 14.6% YoY, reaching $149.27M last quarter. TTM EBITDA of $258.50M and TTM operating income of $37.02M show growth is flowing through to the bottom line. However, net income is negative at $27.57M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 61.4%
Op. Margin: 26.1%
Net Margin: 20.1%

Op. margin of 26.1% is up 7.2% YoY — cost efficiency is improving. Net margin at 20.1% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.3x
P/B Ratio: 1.1x

P/S of 1.3x and P/B of 1.1x. P/S is low relative to typical market levels. Over the past year, P/E is down 40% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.24B
Cash: $44.09M
Long-Term Debt: $427.11M
Book Value: $562.37M
D/E Ratio: 0.8
Debt/EBITDA: 4.7

With $1.24B in assets and $427.11M in long-term debt, D/E is 0.8and book value is $562.37M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 7 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $55.58M
TTM Free Cash Flow: $-2.62M
FCF Margin: -0.5%
FCF / Net Income: 0.1

TTM FCF of $-2.62M on $55.58M in operating cash flow. The FCF / Net Income ratio of 0.1x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 85% — an improving trend.