ANTERO RESOURCES profit margin AR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 17.7%
- Operating margin, 12 months
- 24.7%
- Net margin on a year earlier
- +7.9 pts
- Peer median
- 20.2%
Over the twelve months to Jun 30, 2026, ANTERO RESOURCES kept 17.7% of its revenue as net profit, with an operating margin of 24.7% and a gross margin of 47.3%.
Five years earlier its net margin was −29.7%.
The median for 10 oil and gas producers of a similar size is 20.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.0% | 16.7% | 42.2% |
| FY2024 | 1.3% | 0.0% | 31.8% |
| FY2023 | 5.2% | 9.7% | 37.4% |
| FY2022 | 26.6% | 36.1% | 56.0% |
| FY2021 | −4.0% | 0.5% | 28.2% |
| FY2020 | n/a | −27.3% | 11.8% |
| FY2019 | −7.7% | −22.4% | 28.0% |
| FY2018 | −9.6% | 1.7% | 44.8% |
| FY2017 | 16.8% | 20.2% | 57.3% |
| FY2016 | −48.7% | −55.9% | n/a |
| FY2015 | 23.8% | 45.3% | n/a |
| FY2014 | 24.8% | 47.8% | n/a |
| FY2013 | −1.4% | 26.0% | n/a |
| FY2012 | −38.7% | 60.4% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 17.7% | +7.9 pts | 24.7% | |
| Q1 FY26 | 16.4% | +11.1 pts | 22.9% | |
| Q4 FY25 | 12.0% | +10.7 pts | 16.7% | |
| Q3 FY25 | 11.7% | +11.7 pts | 13.0% | |
| Q2 FY25 | 9.8% | +8.6 pts | 10.4% | |
| Q1 FY25 | 5.3% | +4.1 pts | 4.9% | |
| Q4 FY24 | 1.3% | −3.9 pts | 0.0% | |
| Q3 FY24 | 0.1% | −15.7 pts | 2.2% | |
| Q2 FY24 | 1.3% | −20.6 pts | 4.0% | |
| Q1 FY24 | 1.2% | −28.0 pts | 3.9% | |
| Q4 FY23 | 5.2% | −21.4 pts | 9.7% | |
| Q3 FY23 | 15.8% | −12.0 pts | 22.3% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest ANTERO RESOURCES' size, closest first, today.
| Company | Profit margin |
|---|---|
| ARANTERO RESOURCES | 17.7% |
| RRCRange Resources | 25.0% |
| SMSM Energy | 18.2% |
| VNOMViper Energy | 2.9% |
| CHRDChord Energy | 13.4% |
| APAAPA | 21.1% |
| OVVOvintiv | 9.4% |
| MTDRMatador Resources | 19.9% |
| PRPermian Resources | 21.5% |
| EXEExpand Energy | 20.5% |
| TPLTexas Pacific Land | 60.3% |
| Peer median | 20.2% |
Where ANTERO RESOURCES ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on ANTERO RESOURCES
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.