Gran Tierra Energy Financials
This page shows Gran Tierra Energy (GTE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Gran Tierra Energy's revenue declined 2.4% year-over-year, from $637.0M to $621.8M. This contraction results in a growth score of 22/100.
Gran Tierra Energy has a moderate D/E ratio of 1.70. This balance of debt and equity financing earns a leverage score of 48/100.
Gran Tierra Energy's current ratio of 0.66 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 6/100, which could limit financial flexibility.
Gran Tierra Energy generates a 0.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 3/100.
Gran Tierra Energy passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Gran Tierra Energy generates $74.42 in operating cash flow ($239.3M OCF vs $3.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Gran Tierra Energy generated $621.8M in revenue in fiscal year 2024. This represents a decrease of 2.4% from the prior year.
Gran Tierra Energy reported $3.2M in net income in fiscal year 2024. This represents an increase of 151.2% from the prior year.
Gran Tierra Energy earned $0.10 per diluted share (EPS) in fiscal year 2024. This represents an increase of 152.6% from the prior year.
Gran Tierra Energy held $103.4M in cash against $701.8M in long-term debt as of fiscal year 2024.
Gran Tierra Energy had 36M shares outstanding in fiscal year 2024. This represents an increase of 11.6% from the prior year.
Gran Tierra Energy's net profit margin was 0.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.
Gran Tierra Energy's ROE was 0.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Gran Tierra Energy spent $15.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 11.5% from the prior year.
GTE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $149.3M-2.1% | $152.5M-10.6% | $170.5M+15.8% | $147.3M-11.1% | $165.6M+5.1% | $157.6M+1.7% | $154.9M-13.9% | $179.9M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $13.6M-9.4% | $15.0M+29.1% | $11.6M-3.1% | $12.0M-29.9% | $17.1M+21.1% | $14.1M+8.4% | $13.0M+27.4% | $10.2M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $25.4M+4.4% | $24.4M+4.9% | $23.2M-2.2% | $23.8M+29.1% | $18.4M-0.1% | $18.4M+3.6% | $17.8M+31.7% | $13.5M |
| Income Tax | -$11.3M-342.6% | $4.6M+30.8% | $3.6M-71.1% | $12.3M+235.6% | -$9.1M-152.2% | $17.4M+216.3% | $5.5M-86.4% | $40.3M |
| Net Income | -$19.9M-56.6% | -$12.7M+33.9% | -$19.3M+43.6% | -$34.2M-194.1% | $36.4M+46729.5% | -$78K-101.0% | $7.7M+18.1% | $6.5M |
| EPS (Diluted) | $-0.57-58.3% | $-0.36+33.3% | $-0.54+50.9% | $-1.10-194.8% | $1.16 | $0.00-100.0% | $0.22+10.0% | $0.20 |
GTE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.7B-2.4% | $1.7B+2.1% | $1.7B+0.5% | $1.7B+19.9% | $1.4B-1.6% | $1.4B+5.7% | $1.3B-4.3% | $1.4B |
| Current Assets | $166.7M-17.7% | $202.5M+16.4% | $174.0M-17.6% | $211.3M+14.0% | $185.3M+11.0% | $166.9M+48.4% | $112.5M-38.0% | $181.3M |
| Cash & Equivalents | $49.1M-19.6% | $61.0M-20.3% | $76.6M-25.9% | $103.4M-10.4% | $115.3M-8.9% | $126.6M+103.7% | $62.1M-49.6% | $123.2M |
| Inventory | $37.5M-8.4% | $41.0M+8.0% | $38.0M-12.0% | $43.1M+41.1% | $30.6M+18.1% | $25.9M-10.9% | $29.0M+12.9% | $25.7M |
| Accounts Receivable | $32.9M-13.3% | $38.0M+30.0% | $29.2M-17.7% | $35.5M+552.0% | $5.4M-49.4% | $10.8M-12.9% | $12.4M-35.5% | $19.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.3B-1.3% | $1.3B+3.0% | $1.3B+2.2% | $1.2B+29.5% | $958.7M-5.1% | $1.0B+8.7% | $929.9M-6.2% | $991.5M |
| Current Liabilities | $309.4M-3.6% | $320.9M-7.1% | $345.6M+7.2% | $322.4M+31.2% | $245.7M-4.7% | $257.7M-1.0% | $260.3M-7.0% | $279.7M |
| Long-Term Debt | $754.3M+0.3% | $752.1M+6.8% | $704.0M+0.3% | $701.8M+25.6% | $558.9M+0.5% | $556.2M+12.8% | $493.0M-12.5% | $563.6M |
| Total Equity | $366.0M-6.1% | $389.8M-1.0% | $393.8M-4.8% | $413.6M-1.7% | $420.9M+7.4% | $392.0M-1.1% | $396.4M+0.5% | $394.5M |
| Retained Earnings | -$911.8M-2.2% | -$891.8M-1.4% | -$879.1M-2.2% | -$859.8M-4.0% | -$826.7M+4.2% | -$863.1M0.0% | -$863.0M+0.9% | -$870.7M |
GTE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $48.1M+38.8% | $34.7M-52.6% | $73.2M+175.2% | $26.6M-63.7% | $73.2M+20.4% | $60.8M-13.7% | $70.5M+0.1% | $70.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$56.7M+34.4% | -$86.5M-28.1% | -$67.5M+64.2% | -$188.7M-150.8% | -$75.2M-93.9% | -$38.8M-8.3% | -$35.8M+43.3% | -$63.2M |
| Financing Cash Flow | -$2.3M-106.4% | $36.3M+216.2% | -$31.2M-285.7% | -$8.1M+6.4% | -$8.6M-120.3% | $42.5M+144.8% | -$95.0M-298.2% | $47.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0-100.0% | $1.1M-56.5% | $2.4M-23.7% | $3.2M-14.9% | $3.7M-24.8% | $4.9M-23.6% | $6.5M | $0 |
GTE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -13.4%-5.0pp | -8.4%+3.0pp | -11.3%+11.9pp | -23.2%-45.2pp | 22.0%+22.0pp | -0.1%-5.0pp | 5.0%+1.3pp | 3.6% |
| Return on Equity | N/A | N/A | N/A | 0.3%-8.4pp | 8.6% | N/A | 1.9%+0.3pp | 1.7% |
| Return on Assets | -1.2%-0.5pp | -0.8%+0.4pp | -1.2%+0.9pp | -2.1%-4.7pp | 2.6%+2.6pp | -0.0%-0.6pp | 0.6%+0.1pp | 0.5% |
| Current Ratio | 0.54-0.1 | 0.63+0.1 | 0.50-0.2 | 0.66-0.1 | 0.75+0.1 | 0.65+0.2 | 0.43-0.2 | 0.65 |
| Debt-to-Equity | 2.06+0.1 | 1.93+0.1 | 1.79+0.1 | 1.70+0.4 | 1.33-0.1 | 1.42+0.2 | 1.24-0.2 | 1.43 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.66), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Gran Tierra Energy's annual revenue?
Gran Tierra Energy (GTE) reported $621.8M in total revenue for fiscal year 2024. This represents a -2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gran Tierra Energy's revenue growing?
Gran Tierra Energy (GTE) revenue declined by 2.4% year-over-year, from $637.0M to $621.8M in fiscal year 2024.
Is Gran Tierra Energy profitable?
Yes, Gran Tierra Energy (GTE) reported a net income of $3.2M in fiscal year 2024, with a net profit margin of 0.5%.
What is Gran Tierra Energy's earnings per share (EPS)?
Gran Tierra Energy (GTE) reported diluted earnings per share of $0.10 for fiscal year 2024. This represents a 152.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Gran Tierra Energy have?
As of fiscal year 2024, Gran Tierra Energy (GTE) had $103.4M in cash and equivalents against $701.8M in long-term debt.
What is Gran Tierra Energy's net profit margin?
Gran Tierra Energy (GTE) had a net profit margin of 0.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Gran Tierra Energy's return on equity (ROE)?
Gran Tierra Energy (GTE) has a return on equity of 0.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Gran Tierra Energy's operating cash flow?
Gran Tierra Energy (GTE) generated $239.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Gran Tierra Energy's total assets?
Gran Tierra Energy (GTE) had $1.7B in total assets as of fiscal year 2024, including both current and long-term assets.
Does Gran Tierra Energy buy back shares?
Yes, Gran Tierra Energy (GTE) spent $15.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Gran Tierra Energy have outstanding?
Gran Tierra Energy (GTE) had 36M shares outstanding as of fiscal year 2024.
What is Gran Tierra Energy's current ratio?
Gran Tierra Energy (GTE) had a current ratio of 0.66 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Gran Tierra Energy's debt-to-equity ratio?
Gran Tierra Energy (GTE) had a debt-to-equity ratio of 1.70 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gran Tierra Energy's return on assets (ROA)?
Gran Tierra Energy (GTE) had a return on assets of 0.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Gran Tierra Energy's Piotroski F-Score?
Gran Tierra Energy (GTE) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gran Tierra Energy's earnings high quality?
Gran Tierra Energy (GTE) has an earnings quality ratio of 74.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Gran Tierra Energy?
Gran Tierra Energy (GTE) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.