AR
Antero Resources Corp
NYSE: AR · ENERGY · OIL & GAS E&P
$39.01
+1.19% today
Updated 2026-04-29
Market cap
$12.09B
P/E ratio
19.22
P/S ratio
2.35x
EPS (TTM)
$2.03
Dividend yield
—
52W range
$29 – $46
Volume
5.9M
Antero Resources Corp (AR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.43M | $195.29M | $264.98M | $821.45M | $1.76B | $1.38B | $1.76B | $2.76B | $3.65B | $3.64B | $3.08B | $5.79B | $8.30B | $4.28B | $4.12B | $5.28B |
| Revenue growth (YoY) | — | +311.7% | +35.7% | +210.0% | +114.1% | -21.8% | +27.6% | +57.3% | +32.3% | -0.2% | -15.4% | +87.8% | +43.3% | -48.4% | -3.7% | +28.1% |
| Cost of revenue | $31.80M | $109.55M | $219.57M | $512.22M | $1.06B | $1.48B | $1.81B | $2.10B | $2.57B | $3.33B | $3.60B | $3.54B | $3.71B | $3.67B | $3.79B | $4.10B |
| Gross profit | $15.63M | $85.73M | $45.41M | $309.22M | $702.26M | $-108.33M | $-54.33M | $656.81M | $1.08B | $311.50M | $-514.44M | $2.26B | $4.59B | $612.47M | $327.33M | $1.17B |
| Gross margin | 33.0% | 43.9% | 17.1% | 37.6% | 39.9% | -7.9% | -3.1% | 23.8% | 29.5% | 8.5% | -16.7% | 38.9% | 55.3% | 14.3% | 7.9% | 22.2% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $21.95M | $33.34M | $45.28M | $425.44M | $216.53M | $233.70M | $239.32M | $251.20M | $240.34M | $178.70M | $134.48M | $145.01M | $172.91M | $224.52M | $229.34M | $232.53M |
| Operating income | $60.30M | $530.98M | $444.01M | $341.21M | $1.30B | $1.79B | $-975.80M | $740.09M | $71.91M | $-987.04M | $-953.45M | $23.86M | $2.54B | $396.25M | $460000.00 | $940.64M |
| Operating margin | 127.1% | 271.9% | 167.6% | 41.5% | 73.9% | 130.2% | -55.6% | 26.8% | 2.0% | -27.1% | -30.9% | 0.4% | 30.6% | 9.3% | 0.0% | 17.8% |
| EBITDA | $76.15M | $586.68M | $546.14M | $533.58M | $1.76B | $2.50B | $-179.93M | $1.59B | $1.09B | $779.49M | $-592.73M | $699.51M | $3.29B | $1.23B | $859.55M | $1.69B |
| EBITDA margin | 160.6% | 300.4% | 206.1% | 65.0% | 100.0% | 181.9% | -10.3% | 57.5% | 29.8% | 21.4% | -19.2% | 12.1% | 39.6% | 28.7% | 20.9% | 32.1% |
| EBIT | $57.62M | $530.89M | $444.01M | $298.64M | $1.28B | $1.79B | $-992.27M | $758.79M | $112.19M | $-139.13M | $-1.46B | $-46.32M | $2.57B | $478.82M | $93.72M | $940.64M |
| Interest expense | $56.46M | $74.40M | $97.51M | $136.62M | $160.05M | $234.40M | $253.55M | $268.70M | $286.74M | $228.11M | $199.87M | $181.87M | $125.37M | $117.87M | $118.21M | $83.68M |
| Income tax | $939000.00 | $185.30M | $121.23M | $186.21M | $445.67M | $575.89M | $-496.38M | $-295.05M | $-128.86M | $-74.11M | $-397.48M | $-74.08M | $441.26M | $63.63M | $-118.19M | $-215.87M |
| Effective tax rate | 0.4% | 32.1% | -74.0% | 111.3% | 39.8% | 38.0% | 36.9% | -92.2% | 24.5% | 17.9% | 23.9% | 28.4% | 19.1% | 24.3% | 193.9% | -51.6% |
| Net income | $228.63M | $392.68M | $-285.07M | $-18.93M | $673.59M | $941.36M | $-848.82M | $615.07M | $-397.52M | $-340.13M | $-1.27B | $-186.90M | $1.87B | $198.40M | $57.23M | $634.42M |
| Net income growth (YoY) | — | +71.8% | -172.6% | +93.4% | +3658.3% | +39.8% | -190.2% | +172.5% | -164.6% | +14.4% | -272.8% | +85.3% | +1101.4% | -89.4% | -71.2% | +1008.6% |
| Profit margin | 482.0% | 201.1% | -107.6% | -2.3% | 38.3% | 68.5% | -48.4% | 22.3% | -10.9% | -9.3% | -41.1% | -3.2% | 22.6% | 4.6% | 1.4% | 12.0% |