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Granite Ridge ResourcesGRNT -3.46%77 Debt-to-EBITDA is 23.00 as of Mar. 2026, which is 5510% above its 10-year median of 0.41. GuruFocus rates GRNT with a GF Score™ of 77/100 and a GF Value™ of $7.50 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 705 Oil & Gas companies, Granite Ridge Resources ranks better than 50.64% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Granite Ridge Resources's Debt-to-EBITDA or its related term are showing as below:
GRNT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11 Med: 0.41 Max: 2.01
Current: 2.01
During the past 7 years, the highest Debt-to-EBITDA Ratio of Granite Ridge Resources was 2.01. The lowest was 0.11. And the median was 0.41.
GRNT's Debt-to-EBITDA is ranked better than 50.64% of 705
companies
in the Oil & Gas industry
Industry Median: 2.07
vs GRNT: 2.01
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Granite Ridge Resources Debt-to-EBITDA Related Terms
Granite Ridge Resources Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Granite Ridge Resources's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Granite Ridge Resources Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Granite Ridge Resources's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Granite Ridge Resources (GRNT) has a Debt-to-EBITDA of 23.00 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Granite Ridge Resources. This is 5510% above median its historical median of 0.41. Over the past decade, Granite Ridge Resources' Debt-to-EBITDA has ranged from 0.11 to 2.01. According to the industry distribution chart, Granite Ridge Resources ranks #348 out of 705 companies in the Oil & Gas industry, placing it in the top 49.4%.
Is Granite Ridge Resources' Debt-to-EBITDA too high?
Granite Ridge Resources' current Debt-to-EBITDA of 23.00 is 5510% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.01. The Oil & Gas industry median Debt-to-EBITDA is 2.07. Granite Ridge Resources' value of 23.00 is 1011.1% above this industry median. Based on the distribution chart, Granite Ridge Resources ranks #348 out of 705 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Granite Ridge Resources has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Debt-to-EBITDA compare to GPRK and VTS?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #348 out of 705 companies for Debt-to-EBITDA. This puts Granite Ridge Resources in the upper half of its industry. The industry median Debt-to-EBITDA is 2.07. Granite Ridge Resources' value of 23.00 is 1011.1% above this benchmark. Historically, Granite Ridge Resources' own Debt-to-EBITDA has ranged from 0.11 to 2.01 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 2.07, Granite Ridge Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.07, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite Ridge Resources's current Debt-to-EBITDA of 23.00 is 1011.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Granite Ridge Resources. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Ridge Resources's current Debt-to-EBITDA is 23.00, which is 5510% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Ridge Resources stock overvalued right now?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.50, compared to a current price of $4.61 — trading 38.6% below its estimated fair value. The current Debt-to-EBITDA is 23.00, which is 5510% above median its 10-year median of 0.41 and 1011.1% above the Oil & Gas industry median of 2.07. Granite Ridge Resources' overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Debt-to-EBITDA is 23.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Granite Ridge Resources (GRNT) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued.
The current stock price of $4.61 is trading 38.6% below its estimated GF Value™ of $7.50.
GuruFocus considers Granite Ridge Resources to be Possible Value Trap.
Key valuation signals for GRNT:
Debt-to-EBITDA: 23.00 (5510% above median its 10-year median of 0.41)
GF Value™: $7.50 vs. price of $4.61 (38.6% below fair value)
Industry Position: 1011.1% above the Oil & Gas median (#348 of 705)
No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
77GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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