Granite Ridge Resources Inc (GRNT)
5.96
+0.16
(+2.76%)
USD |
NYSE |
Nov 04, 16:00
5.975
+0.02
(+0.25%)
Pre-Market: 20:00
Granite Ridge Resources Profit Margin (Quarterly): 5.63% for June 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 5.63% |
| 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% |
| Date | Value |
|---|---|
| December 31, 2022 | 48.67% |
| 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
5.63%
Minimum
Jun 2024
62.08%
Maximum
Jun 2022
30.99%
Average
26.40%
Median
Profit Margin (Quarterly) Benchmarks
| APA Corp | 21.27% |
| VAALCO Energy Inc | 18.01% |
| W&T Offshore Inc | -10.78% |
| Ring Energy Inc | 22.61% |
| SandRidge Energy Inc | 33.85% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.57% |
| Return on Assets | 6.07% |
| Return on Invested Capital | 7.35% |
| Gross Profit Margin (Quarterly) | 31.45% |
| Operating Margin (Quarterly) | 24.14% |
| Return on Net Operating Assets | 6.38% |