Granite Ridge Resources
GRNT
#5992
Rank
ยฃ0.56 B
Marketcap
ยฃ4.35
Share price
-6.99%
Change (1 day)
-15.73%
Change (1 year)

Operating Margin for Granite Ridge Resources (GRNT)

Operating Margin as of April 2025 (TTM): 11.42%

According to Granite Ridge Resources's latest financial reports and stock price the company's current Operating Margin is 11.42%. At the end of 2024 the company had an Operating Margin of 6.57%.

Operating Margin history for Granite Ridge Resources from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20246.57%-75.48%
202326.79%-51.57%
202255.32%48.03%
202137.37%-236.03%
2020-27.47%-201.46%
201927.08%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.