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Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and WD 40 CO (WDFC). Click either name above to swap in a different company.

WD 40 CO is the larger business by last-quarter revenue ($154.4M vs $105.5M, roughly 1.5× Granite Ridge Resources, Inc.). On growth, WD 40 CO posted the faster year-over-year revenue change (0.6% vs -0.8%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (8.9% CAGR vs 5.4%).

Granite Ridge Resources, Inc. is an independent upstream energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It operates low-cost, high-yield onshore hydrocarbon assets across key U.S. basins, primarily serving North American energy markets.

WD-40 Company is a global consumer and industrial goods manufacturer best known for its signature multi-purpose lubricant of the same name. Its product portfolio includes cleaners, degreasers, rust removers and specialty lubricants, serving retail, industrial and automotive markets across more than 170 countries and regions worldwide.

GRNT vs WDFC — Head-to-Head

Bigger by revenue
WDFC
WDFC
1.5× larger
WDFC
$154.4M
$105.5M
GRNT
Growing faster (revenue YoY)
WDFC
WDFC
+1.4% gap
WDFC
0.6%
-0.8%
GRNT
Faster 2-yr revenue CAGR
GRNT
GRNT
Annualised
GRNT
8.9%
5.4%
WDFC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GRNT
GRNT
WDFC
WDFC
Revenue
$105.5M
$154.4M
Net Profit
$17.5M
Gross Margin
56.2%
Operating Margin
-34.5%
15.1%
Net Margin
11.3%
Revenue YoY
-0.8%
0.6%
Net Profit YoY
-7.8%
EPS (diluted)
$-0.19
$1.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRNT
GRNT
WDFC
WDFC
Q4 25
$105.5M
$154.4M
Q3 25
$112.7M
$163.5M
Q2 25
$109.2M
$156.9M
Q1 25
$122.9M
$146.1M
Q4 24
$106.3M
$153.5M
Q3 24
$94.1M
$156.0M
Q2 24
$90.7M
$155.0M
Q1 24
$89.0M
$139.1M
Net Profit
GRNT
GRNT
WDFC
WDFC
Q4 25
$17.5M
Q3 25
$14.5M
$21.2M
Q2 25
$25.1M
$21.0M
Q1 25
$9.8M
$29.9M
Q4 24
$18.9M
Q3 24
$9.1M
$16.8M
Q2 24
$5.1M
$19.8M
Q1 24
$16.2M
$15.5M
Gross Margin
GRNT
GRNT
WDFC
WDFC
Q4 25
56.2%
Q3 25
54.7%
Q2 25
56.2%
Q1 25
54.6%
Q4 24
54.8%
Q3 24
54.1%
Q2 24
53.1%
Q1 24
52.4%
Operating Margin
GRNT
GRNT
WDFC
WDFC
Q4 25
-34.5%
15.1%
Q3 25
17.4%
17.1%
Q2 25
19.0%
17.4%
Q1 25
34.6%
15.9%
Q4 24
-6.5%
16.4%
Q3 24
26.2%
15.4%
Q2 24
24.1%
17.5%
Q1 24
22.0%
15.1%
Net Margin
GRNT
GRNT
WDFC
WDFC
Q4 25
11.3%
Q3 25
12.9%
13.0%
Q2 25
23.0%
13.4%
Q1 25
8.0%
20.4%
Q4 24
12.3%
Q3 24
9.6%
10.8%
Q2 24
5.6%
12.8%
Q1 24
18.2%
11.2%
EPS (diluted)
GRNT
GRNT
WDFC
WDFC
Q4 25
$-0.19
$1.28
Q3 25
$0.11
$1.57
Q2 25
$0.19
$1.54
Q1 25
$0.07
$2.19
Q4 24
$-0.09
$1.39
Q3 24
$0.07
$1.23
Q2 24
$0.04
$1.46
Q1 24
$0.12
$1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRNT
GRNT
WDFC
WDFC
Cash + ST InvestmentsLiquidity on hand
$48.6M
Total DebtLower is stronger
$367.8M
$85.7M
Stockholders' EquityBook value
$605.8M
$264.1M
Total Assets
$1.2B
$459.7M
Debt / EquityLower = less leverage
0.61×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRNT
GRNT
WDFC
WDFC
Q4 25
$48.6M
Q3 25
$58.1M
Q2 25
$51.7M
Q1 25
$53.0M
Q4 24
$54.9M
Q3 24
$46.7M
Q2 24
$45.3M
Q1 24
$55.4M
Total Debt
GRNT
GRNT
WDFC
WDFC
Q4 25
$367.8M
$85.7M
Q3 25
$300.0M
$86.2M
Q2 25
$275.0M
$85.6M
Q1 25
$250.0M
$84.4M
Q4 24
$205.0M
$84.6M
Q3 24
$86.0M
Q2 24
$85.5M
Q1 24
$137.5M
$85.9M
Stockholders' Equity
GRNT
GRNT
WDFC
WDFC
Q4 25
$605.8M
$264.1M
Q3 25
$643.9M
$268.2M
Q2 25
$642.5M
$257.1M
Q1 25
$631.4M
$242.1M
Q4 24
$635.4M
$226.3M
Q3 24
$660.6M
$230.5M
Q2 24
$665.3M
$222.2M
Q1 24
$674.0M
$216.3M
Total Assets
GRNT
GRNT
WDFC
WDFC
Q4 25
$1.2B
$459.7M
Q3 25
$1.1B
$475.8M
Q2 25
$1.1B
$456.0M
Q1 25
$1.1B
$458.3M
Q4 24
$1.0B
$447.3M
Q3 24
$1.0B
$449.0M
Q2 24
$990.5M
$443.6M
Q1 24
$966.7M
$442.0M
Debt / Equity
GRNT
GRNT
WDFC
WDFC
Q4 25
0.61×
0.32×
Q3 25
0.47×
0.32×
Q2 25
0.43×
0.33×
Q1 25
0.40×
0.35×
Q4 24
0.32×
0.37×
Q3 24
0.37×
Q2 24
0.38×
Q1 24
0.20×
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRNT
GRNT
WDFC
WDFC
Operating Cash FlowLast quarter
$64.5M
$10.0M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.57×
TTM Free Cash FlowTrailing 4 quarters
$78.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRNT
GRNT
WDFC
WDFC
Q4 25
$64.5M
$10.0M
Q3 25
$77.8M
$29.9M
Q2 25
$78.0M
$35.1M
Q1 25
$76.1M
$8.0M
Q4 24
$68.2M
$14.9M
Q3 24
$74.7M
$27.2M
Q2 24
$64.2M
$19.9M
Q1 24
$68.7M
$18.0M
Free Cash Flow
GRNT
GRNT
WDFC
WDFC
Q4 25
$9.1M
Q3 25
$28.6M
Q2 25
$34.0M
Q1 25
$6.6M
Q4 24
$14.2M
Q3 24
$26.4M
Q2 24
$18.7M
Q1 24
$16.7M
FCF Margin
GRNT
GRNT
WDFC
WDFC
Q4 25
5.9%
Q3 25
17.5%
Q2 25
21.6%
Q1 25
4.5%
Q4 24
9.3%
Q3 24
16.9%
Q2 24
12.0%
Q1 24
12.0%
Capex Intensity
GRNT
GRNT
WDFC
WDFC
Q4 25
0.6%
Q3 25
0.8%
Q2 25
0.7%
Q1 25
0.9%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.8%
Q1 24
0.9%
Cash Conversion
GRNT
GRNT
WDFC
WDFC
Q4 25
0.57×
Q3 25
5.36×
1.41×
Q2 25
3.11×
1.67×
Q1 25
7.75×
0.27×
Q4 24
0.79×
Q3 24
8.25×
1.62×
Q2 24
12.58×
1.00×
Q1 24
4.23×
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRNT
GRNT

Oil And Gas Service$87.6M83%
Natural Gas Storage$17.9M17%

WDFC
WDFC

Other$82.6M53%
WD40Multi Use Product$56.0M36%
WD40Specialist$9.0M6%
Other Maintenance Products$4.0M3%
Homecare And Cleaning Products$2.7M2%

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