Granite Ridge Resources, Inc. Annual Operating Margin in % from 2020 to 2023

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 2020 to 2023.
  • Granite Ridge Resources, Inc. Operating Margin for the quarter ending September 30, 2024 was 18.6 %, a 49.8% 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, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 23 -37.8 -62.2% Jan 1, 2023 Dec 31, 2023
2022 60.7 +11.4 +23.1% Jan 1, 2022 Dec 31, 2022
2021 49.4 +89.7 Jan 1, 2021 Dec 31, 2021
2020 -40.3 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.