Granite Ridge Resources, Inc (GRNT) Key Metrics
GRNT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $718.9M
- Enterprise value
- $1.01B
- P/E (TTM)
- — 10-yr median 12.0
- Forward P/E
- 8.2
- PEG ratio
- —
- Price / sales
- 1.5 10-yr median 2.3
- Price / book
- 1.1 10-yr median 1.6
- EV / EBITDA
- 4.6 10-yr median 4.0
- Dividend yield
- 8.07% $0.44 a year
- Beta
- 0.20
GRNT key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGRNT valuation Price multiples at each fiscal year-end price.
GRNT returns How much profit the business earns on the capital it uses.
GRNT per-share figures Results divided by the shares outstanding at year-end.
GRNT financial health Debt, liquidity and how easily interest is covered.
GRNT efficiency & capital use Working capital cycle and where the cash goes.
GRNT valuation history
GRNT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GRNT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GRNT cash returned to shareholders
GRNT price vs earnings per share
GRNT key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $613.2M | $841.3M | $801.3M | $1.20B | $1.30B | $1.34B | — |
| Enterprise value | $955.3M | $1.01B | $850.5M | $1.15B | $1.34B | $1.34B | — |
| P/E ratio | 25.2 | 44.8 | 9.9 | 4.6 | 12.0 | — | — |
| Price / sales | 1.4 | 2.2 | 2.0 | 2.4 | 4.5 | 15.3 | — |
| Price / book | 1.0 | 1.3 | 1.2 | 1.8 | 2.7 | 7.5 | — |
| Price / free cash flow | — | — | — | 10.8 | — | — | — |
| Price / operating cash flow | 2.1 | 3.1 | 2.6 | 3.5 | 238.2 | 20.0 | — |
| EV / sales | 2.1 | 2.6 | 2.2 | 2.3 | 4.6 | 15.4 | — |
| EV / EBITDA | 3.5 | 4.6 | 3.1 | 3.0 | 6.5 | 23.2 | — |
| EV / free cash flow | — | — | — | 10.3 | — | — | — |
| Earnings yield | 4.0% | 2.2% | 10.1% | 21.8% | 8.3% | −1.8% | — |
| Free cash flow yield | −20.0% | −8.5% | −7.0% | 9.3% | −16.4% | −3.8% | — |
| Dividend yield | 9.4% | 6.8% | 7.3% | 0.9% | 1.7% | 1.0% | — |
| Shareholder yield (dividends + buybacks) | 9.4% | 6.9% | 11.7% | 0.9% | 1.7% | 31.1% | — |
| Share price at fiscal year-end | $4.70 | $6.46 | $6.02 | $9.03 | $9.81 | $10.02 | — |
| Per share | |||||||
| Revenue per share | $3.45 | $2.92 | $2.96 | $3.74 | $2.18 | $0.65 | $0.10 |
| Earnings per share | $0.19 | $0.14 | $0.61 | $1.97 | $0.82 | −$0.18 | $0.03 |
| Operating cash flow per share | $2.27 | $2.12 | $2.28 | $2.60 | $0.04 | $0.50 | $0.05 |
| Free cash flow per share | −$0.94 | −$0.55 | −$0.42 | $0.84 | −$1.61 | −$0.38 | $0.02 |
| Cash per share | $0.20 | $0.32 | $0.46 | $0.38 | $0.09 | $0.02 | — |
| Book value per share | $4.64 | $4.88 | $5.05 | $4.99 | $3.57 | $1.34 | — |
| Tangible book value per share | $4.64 | $4.88 | $5.05 | $4.99 | $3.57 | $1.34 | — |
| Dividends per share | $0.44 | $0.44 | $0.44 | $0.08 | $0.17 | $0.10 | $0.05 |
| Capex per share | $3.21 | $2.66 | $2.70 | $1.76 | $1.65 | $0.88 | $0.03 |
| Debt per share | $2.82 | $1.57 | $0.83 | $0.00 | $0.38 | $0.07 | — |
| Shares outstanding | 130.5M | 130.2M | 133.1M | 133.1M | 132.9M | 133.3M | 133.3M |
| Change in shares outstanding | +0.2% | −2.2% | +0.0% | +0.1% | −0.3% | 0.0% | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 3.9% | 2.9% | 12.1% | 46.1% | 33.2% | −13.4% | — |
| Return on invested capital (ROIC) | 7.9% | 5.9% | 10.4% | 51.1% | 40.9% | −14.9% | — |
| Return on assets (ROA) | 2.2% | 1.9% | 9.4% | 39.1% | 29.3% | −12.4% | — |
| Return on tangible assets | 2.1% | 1.8% | 8.7% | 33.0% | 19.8% | −12.4% | — |
| Free cash flow margin | −27.3% | −18.8% | −14.3% | 22.5% | −73.7% | −58.1% | 18.3% |
| Income quality (OCF / net income) | 12.17 | 14.70 | 3.73 | 1.32 | 0.05 | — | 1.77 |
| Financial health | |||||||
| Total debt | $367.8M | $205.0M | $110.0M | $431,000 | $51.1M | $9.9M | — |
| Cash & short-term investments | $25.8M | $41.2M | $60.9M | $50.8M | $11.9M | $2.6M | — |
| Net debt | $342.0M | $163.8M | $49.1M | −$50.4M | $39.2M | $7.3M | — |
| Debt / equity | 0.61 | 0.32 | 0.16 | 0.00 | 0.11 | 0.06 | — |
| Debt / assets | 0.31 | 0.20 | 0.12 | 0.00 | 0.09 | 0.05 | — |
| Net debt / EBITDA | 1.25 | 0.74 | 0.18 | −0.13 | 0.19 | 0.13 | — |
| Current ratio | 1.25 | 1.33 | 2.44 | 2.28 | 1.45 | 5.05 | — |
| Quick ratio | 1.25 | 1.33 | 2.44 | 3.41 | 1.45 | 5.02 | — |
| Interest coverage | 3.6 | 3.2 | 17.0 | 151.9 | 60.1 | -19.1 | 8.5 |
| Working capital | $23.7M | $33.4M | $89.5M | $82.2M | $30.5M | $16.3M | — |
| Invested capital | $947.8M | $799.2M | $720.8M | $613.8M | $514.2M | $185.7M | — |
| Tangible asset value | $605.8M | $635.4M | $671.6M | $664.2M | $474.9M | $178.4M | — |
| Net current asset value | −$443.4M | −$265.9M | −$103.9M | $15.8M | $25.8M | $5.9M | — |
| Graham number | $4.42 | $3.98 | $8.32 | $14.88 | $8.10 | — | — |
| Graham net-net per share | −$3.69 | −$2.36 | −$1.05 | −$0.46 | −$0.19 | −$0.03 | — |
| Capital allocation | |||||||
| Dividends paid | $57.7M | $57.5M | $58.6M | $10.7M | $22.0M | $12.9M | $7.2M |
| Share buybacks (net) | $16,000 | $442,000 | $35.4M | $216,000 | $0 | $402.7M | — |
| Dividend payout ratio | 236.9% | 306.5% | 72.2% | 4.1% | 20.3% | — | 198.9% |
| Dividends + buybacks / free cash flow | — | — | — | 9.7% | — | — | 294.8% |
| Capex / revenue | 93.1% | 91.3% | 91.2% | 47.2% | 75.6% | 134.8% | 29.5% |
| Capex / operating cash flow | 141.4% | 125.8% | 118.6% | 67.8% | 4,006.2% | 175.7% | 61.8% |
| Capex / depreciation | 1.94 | 1.97 | 2.24 | 1,476,025.16 | 72.19 | 1.47 | 0.55 |
| Stock-based compensation / revenue | 0.8% | 0.6% | 0.5% | 0.0% | 0.0% | — | — |
| SG&A / revenue | 6.9% | 6.5% | 7.1% | 2.9% | 3.5% | 11.6% | 11.7% |
| Efficiency | |||||||
| Days sales outstanding | 58.3 | 68.5 | 67.3 | 43.9 | 35.7 | 39.8 | — |
| Days of inventory on hand | — | — | -53.0 | -72.9 | 0.2 | 0.4 | — |
| Days payables outstanding | 26.6 | 32.6 | 60.3 | 62.7 | 0.2 | 0.3 | — |
| Cash conversion cycle (days) | 31.7 | 35.9 | -46.0 | -91.7 | 35.7 | 40.0 | — |
| Receivables turnover | 6.26 | 5.33 | 5.43 | 8.32 | 10.22 | 9.17 | — |
| Payables turnover | 13.74 | 11.19 | 6.05 | 5.82 | 1,869.35 | 1,336.86 | — |
| Inventory turnover | — | — | — | — | 2,166.72 | 833.66 | — |
| Asset turnover | 0.41 | 0.39 | 0.46 | 0.74 | 0.78 | 0.45 | — |
| Average receivables | $71.9M | $71.3M | $72.6M | $59.8M | $28.4M | $9.5M | — |
| Average payables | $23.9M | $23.2M | $41.1M | $31.1M | $74,390 | $80,044 | — |
| Average inventory | — | — | −$36.1M | −$36.1M | $64,180 | $128,359 | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Computed from GRNT's annual financial statements (latest annual report filed March 6, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GRNT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Granite Ridge Resources traded at 25.2 times earnings, against a 7-year median of 12.0. Granite Ridge Resources earned a return on equity of 3.9% and a return on invested capital of 7.9% in fiscal 2025. It ended the year with $367.8 million of debt and $25.8 million in cash and short-term investments, net debt of $342.0 million. It returned $57.7 million to shareholders: $57.7 million in dividends and $0.0 million in share buybacks.
See the GRNT income statement, the GRNT chart for price history, or the GRNT stock overview for the latest quote and news.
GRNT key metrics FAQ
What is Granite Ridge Resources's P/E ratio?
Granite Ridge Resources traded at 25.2 times earnings at the end of fiscal 2025.
What is Granite Ridge Resources's EV/EBITDA?
Granite Ridge Resources's enterprise value was 3.5 times EBITDA at the end of fiscal 2025 (enterprise value $955.3 million, EBITDA $273.3 million); the current EV/EBITDA is 4.6.
What is Granite Ridge Resources's return on equity?
Granite Ridge Resources's return on equity (ROE) was 3.9% in fiscal 2025: net income of $24.4 million on average shareholders' equity of $620.6 million.
What is Granite Ridge Resources's ROIC?
Granite Ridge Resources's return on invested capital was 7.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Granite Ridge Resources have?
Granite Ridge Resources had total debt of $367.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.61 and $342.0 million of net debt (1.25 times EBITDA).
What is Granite Ridge Resources's dividend yield?
Granite Ridge Resources's forward dividend yield is 8.07%. Granite Ridge Resources paid $57.7 million in dividends in fiscal 2025 ($0.44 per share), a payout ratio of 236.9%.
Does Granite Ridge Resources buy back its shares?
Yes. Granite Ridge Resources spent $0.0 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.2% over the year, to 130.5M..
What is Granite Ridge Resources's free cash flow yield?
Granite Ridge Resources generated -$122.8 million of free cash flow in fiscal 2025, a free cash flow yield of −20.0% on its market value at year-end ($613.2 million).
What is Granite Ridge Resources's current ratio?
Granite Ridge Resources's current ratio was 1.25 at the end of fiscal 2025: current assets were 1.25 times current liabilities.