GRNT (Granite Ridge Resources) Tax Rate %: 22.47% (As of Mar. 2026)

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GRNT Granite Ridge Resources Inc GRNT
81 GF Score
Price $4.57
GF Value $7.40
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Tax Rate %?

Granite Ridge Resources GRNT -5.77% 81 Tax Rate % is 22.47% as of Mar. 2026. GuruFocus rates GRNT with a GF Score™ of 81/100 and a GF Value™ of $7.40 (Possible Value Trap). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Granite Ridge Resources's Tax Expense for the three months ended in Mar. 2026 was $-13.6 Mil. Granite Ridge Resources's Pre-Tax Income for the three months ended in Mar. 2026 was $-60.7 Mil. Therefore, Granite Ridge Resources's Tax Rate % for the quarter that ended in Mar. 2026 was 22.47%.

Granite Ridge Resources Tax Rate % Related Terms

Granite Ridge Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources's Tax Rate % can be seen below:

* 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.

Granite Ridge Resources Tax Rate % Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 0.00 4.67 23.19 24.86 24.17

Granite Ridge Resources Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.69 23.67 24.72 23.42 22.47
GRNT
81GF Score
Granite Ridge Resources Inc GRNT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Granite Ridge Resources's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=7.761/32.114
=24.17 %

Granite Ridge Resources's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=-13.633/-60.664
=22.47 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.47% mean?
Granite Ridge Resources (GRNT) has a Tax Rate % of 22.47% as of Mar. 2026.
Is Granite Ridge Resources' Tax Rate % too high?
Granite Ridge Resources' current Tax Rate % is 22.47%. Overall, Granite Ridge Resources has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Tax Rate % compare to GPRK and VTS?
Granite Ridge Resources' Tax Rate % of 22.47% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Granite Ridge Resources's current Tax Rate % is 22.47%. 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 $7.40, compared to a current price of $4.57 — trading 38.2% below its estimated fair value. The current Tax Rate % is 22.47%. Granite Ridge Resources' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Granite Ridge Resources (GRNT), the current Tax Rate % is 22.47% 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 $4.57 is trading 38.2% below its estimated GF Value™ of $7.40. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Tax Rate %: 22.47%
  • GF Value™: $7.40 vs. price of $4.57 (38.2% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
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.
81GF Score

Get the complete analysis for GRNT

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.57
Price
$7.40
GF Value