Granite Gross Profit from 2010 to 2025

GRNT Stock

USD 5.98 0.12 1.97%

Granite Ridge Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 226.7 M in 2025. Gross Profit is the profit Granite Ridge Resources makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2010-12-31

Previous Quarter

354 M

Current Value

226.7 M

Quarterly Volatility

139.2 M

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Yuan Drop

Covid

Check Granite Ridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Ridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 114.5 M, Interest Expense of 19.4 M or Selling General Administrative of 14.5 M, as well as many indicators such as Price To Sales Ratio of 2.1, Dividend Yield of 0.0718 or PTB Ratio of 1.26. Granite financial statements analysis is a perfect complement when working with Granite Ridge Valuation or Volatility modules.

Check out the analysis of Granite Ridge Correlation against competitors.

Latest Granite Ridge's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Granite Ridge Resources over the last few years. Gross profit is a required income statement account that reflects total revenue of Granite Ridge Resources minus its cost of goods sold. It is profit before Granite Ridge operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Granite Ridge's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Ridge's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 296.56 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Granite Gross Profit Regression Statistics

	Arithmetic Mean	96,865,423
	Geometric Mean	30,206,599
	Coefficient Of Variation	143.75
	Mean Deviation	113,690,767
	Median	9,595,652
	Standard Deviation	139,240,233
	Sample Variance	19387.8T
	Range	412.5M
	R-Value	0.75
	Mean Square Error	9199.3T
	R-Squared	0.56
	Significance	0.0009
	Slope	21,830,016
	Total Sum of Squares	290817.6T

Granite Gross Profit History

	2025	226.7 M
	2024	354 M
	2023	145.2 M
	2022	422.1 M
	2021	245.8 M
	2020	60 M

Other Fundumenentals of Granite Ridge Resources

Gross Profit Margin

Granite Ridge Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Capital Stock
Total Assets		0.99	0.98	0.66	0.85	0.82	0.91	0.9	1.0	0.83	0.99	0.9	-0.38	-0.97	0.98	0.97	-0.52	-0.52	0.78
Total Stockholder Equity	0.99		0.97	0.6	0.89	0.86	0.92	0.88	0.99	0.83	1.0	0.94	-0.38	-0.98	0.97	0.94	-0.48	-0.48	0.71
Net Tangible Assets	0.98	0.97		0.57	0.79	0.84	0.95	0.84	0.97	0.92	0.97	0.88	-0.2	-0.92	1.0	0.94	-0.42	-0.42	0.72
Net Debt	0.66	0.6	0.57		0.42	0.25	0.57	0.89	0.67	0.48	0.57	0.4	-0.27	-0.67	0.56	0.76	-0.87	-0.87	0.95
Retained Earnings	0.85	0.89	0.79	0.42		0.71	0.75	0.68	0.86	0.62	0.9	0.95	-0.47	-0.87	0.8	0.71	-0.25	-0.25	0.44
Accounts Payable	0.82	0.86	0.84	0.25	0.71		0.81	0.67	0.81	0.72	0.88	0.86	-0.32	-0.86	0.84	0.77	-0.35	-0.35	0.42
Net Receivables	0.91	0.92	0.95	0.57	0.75	0.81		0.83	0.91	0.97	0.92	0.89	0.0	-0.88	0.94	0.87	-0.49	-0.49	0.67
Total Liab	0.9	0.88	0.84	0.89	0.68	0.67	0.83		0.9	0.72	0.86	0.73	-0.35	-0.93	0.83	0.94	-0.83	-0.83	0.92
Net Invested Capital	1.0	0.99	0.97	0.67	0.86	0.81	0.91	0.9		0.83	0.99	0.9	-0.38	-0.97	0.98	0.97	-0.51	-0.51	0.78
Short Long Term Debt	0.83	0.83	0.92	0.48	0.62	0.72	0.97	0.72	0.83		0.83	0.78	0.19	-0.75	0.91	0.81	-0.37	-0.37	0.62
Total Current Assets	0.99	1.0	0.97	0.57	0.9	0.88	0.92	0.86	0.99	0.83		0.95	-0.37	-0.98	0.97	0.93	-0.46	-0.46	0.68
Net Working Capital	0.9	0.94	0.88	0.4	0.95	0.86	0.89	0.73	0.9	0.78	0.95		-0.3	-0.91	0.89	0.78	-0.32	-0.32	0.47
Short Term Debt	-0.38	-0.38	-0.2	-0.27	-0.47	-0.32	0.0	-0.35	-0.38	0.19	-0.37	-0.3		0.46	-0.23	-0.35	0.23	0.23	-0.28
Common Stock	-0.97	-0.98	-0.92	-0.67	-0.87	-0.86	-0.88	-0.93	-0.97	-0.75	-0.98	-0.91	0.46		-0.92	-0.94	0.61	0.61	-0.75
Property Plant Equipment	0.98	0.97	1.0	0.56	0.8	0.84	0.94	0.83	0.98	0.91	0.97	0.89	-0.23	-0.92		0.95	-0.41	-0.41	0.72
Long Term Debt	0.97	0.94	0.94	0.76	0.71	0.77	0.87	0.94	0.97	0.81	0.93	0.78	-0.35	-0.94	0.95		-0.64	-0.64	0.89
Capital Surpluse	-0.52	-0.48	-0.42	-0.87	-0.25	-0.35	-0.49	-0.83	-0.51	-0.37	-0.46	-0.32	0.23	0.61	-0.41	-0.64		1.0	-0.81
Deferred Long Term Liab	-0.52	-0.48	-0.42	-0.87	-0.25	-0.35	-0.49	-0.83	-0.51	-0.37	-0.46	-0.32	0.23	0.61	-0.41	-0.64	1.0		-0.81
Capital Stock	0.78	0.71	0.72	0.95	0.44	0.42	0.67	0.92	0.78	0.62	0.68	0.47	-0.28	-0.75	0.72	0.89	-0.81	-0.81

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About Granite Ridge Financial Statements

Granite Ridge shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Granite Ridge investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Ridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Ridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	354 M	226.7 M
Gross Profit Margin	0.93	0.84

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When running Granite Ridge's price analysis, check to measure Granite Ridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Granite Ridge is operating at the current time. Most of Granite Ridge's value examination focuses on studying past and present price action to predict the probability of Granite Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Ridge's price. Additionally, you may evaluate how the addition of Granite Ridge to your portfolios can decrease your overall portfolio volatility.

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