Granite Ridge Resources, Inc. Quarterly Operating Margin in % from Q4 2022 to Q2 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Granite Ridge Resources, Inc. quarterly/annual Operating Margin history and growth rate from Q4 2022 to Q2 2024.
  • Granite Ridge Resources, Inc. Operating Margin for the quarter ending June 30, 2024 was 20 %, a 55.7% decline year-over-year.
  • Granite Ridge Resources, Inc. annual Operating Margin for 2023 was 23 %, a 62.2% decline from 2022.
  • Granite Ridge Resources, Inc. annual Operating Margin for 2022 was 60.7 %, a 23.1% increase from 2021.
  • Granite Ridge Resources, Inc. annual Operating Margin for 2021 was 49.4 %.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 20 -25.1 -55.7% Apr 1, 2024 Jun 30, 2024
Q1 2024 20.6 -34 -62.2% Jan 1, 2024 Mar 31, 2024
Q4 2023 23 -37.8 -62.2% Oct 1, 2023 Dec 31, 2023
Q3 2023 37.1 Jul 1, 2023 Sep 30, 2023
Q2 2023 45.1 Apr 1, 2023 Jun 30, 2023
Q1 2023 54.6 Jan 1, 2023 Mar 31, 2023
Q4 2022 60.7 Oct 1, 2022 Dec 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.