Granite Ridge Resources Inc (GRNT)
6.55
-0.10
(-1.50%)
USD |
NYSE |
May 31, 16:00
6.56
+0.01
(+0.15%)
After-Hours: 20:00
Granite Ridge Resources Profit Margin (Quarterly): 18.23% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 18.23% |
| December 31, 2023 | 16.42% |
| September 30, 2023 | 16.56% |
| June 30, 2023 | 9.98% |
| March 31, 2023 | 40.37% |
| December 31, 2022 | 48.67% |
| Date | Value |
|---|---|
| September 30, 2022 | 58.40% |
| June 30, 2022 | 62.08% |
| March 31, 2022 | 34.57% |
| June 30, 2021 | 55.27% |
| March 31, 2021 | 5.72% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
5.72%
Minimum
Mar 2021
62.08%
Maximum
Jun 2022
33.30%
Average
34.57%
Median
Mar 2022
Profit Margin (Quarterly) Benchmarks
| APA Corp | 6.77% |
| SilverBow Resources Inc | -6.05% |
| SM Energy Co | 23.45% |
| SandRidge Energy Inc | 36.74% |
| Amplify Energy Corp | -12.31% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.18% |
| Return on Assets | 6.65% |
| Return on Invested Capital | 8.16% |
| Gross Profit Margin (Quarterly) | 30.14% |
| Operating Margin (Quarterly) | 22.85% |
| Return on Net Operating Assets | 6.97% |