ANTERO RESOURCES price to free cash flow AR

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026: 6.3×
10-year median: 4.2×
Against its 10-year history: 71st; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.2× to 15.1×
Peer median: 8.4×

ANTERO RESOURCES' price to free cash flow is 6.3× as of Oct 23, 2026.

That is above its ten-year median of 4.2×, higher than on 71% of days in the last ten years.

Over that time it ranged from 0.2× in Apr 2020 to 15.1× in Mar 2025.

The median for 10 oil and gas producers of a similar size is 8.4×.

Price to free cash flow over time

median 4.2×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	6.3×	5.1×	8.6×
2025	6.9×	6.2×	15.1×
2024	11.9×	5.6×	12.4×
2023	6.0×	2.1×	8.0×
2022	3.1×	3.1×	8.6×
2021	3.9×	2.5×	5.0×
2020	2.3×	0.2×	2.4×
2019	0.5×	0.3×	2.2×
2018	1.9×	1.9×	3.3×
2017	3.0×	2.8×	7.7×
2016	6.9×	5.8×	8.6×
2015	5.9×	5.2×	11.8×
2014	11.0×	10.6×	18.4×

Against its peers

Companies in Oil & Gas Exploration & Production nearest ANTERO RESOURCES' size, closest first, today.

Company	Price to free cash flow
ARANTERO RESOURCES	6.3×
RRCRange Resources	14.6×
SMSM Energy	n/m
VNOMViper Energy	n/m
CHRDChord Energy	n/m
APAAPA	n/m
OVVOvintiv	8.8×
MTDRMatador Resources	2.9×
PRPermian Resources	5.4×
EXEExpand Energy	8.1×
TPLTexas Pacific Land	44.3×
Peer median	8.4×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on ANTERO RESOURCES

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.