Antero Resources Corp (AR)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 93.51% | 94.04% | 95.42% | 94.82% | 72.15% |
| Operating profit margin | 0.01% | 8.46% | 36.06% | 0.52% | -27.31% |
| Pretax margin | -1.41% | 6.81% | 32.88% | -5.65% | -47.70% |
| Net profit margin | 1.32% | 5.19% | 26.60% | -4.05% | -36.31% |
Antero Resources Corp has shown a consistent improvement in its gross profit margin over the years, increasing from 72.15% in 2020 to 93.51% in 2024. This indicates the company's ability to effectively manage its production costs and generate higher profitability from its core operations.
In terms of operating profit margin, Antero Resources Corp experienced significant fluctuations, starting at -27.31% in 2020, reaching a peak of 36.06% in 2022, and then declining to 0.01% in 2024. These fluctuations suggest that the company may have faced challenges in controlling its operating expenses and optimizing its operational efficiency during this period.
The pretax margin of the company also exhibited volatility, with the highest margin of 32.88% in 2022 and the lowest margin of -47.70% in 2020. This indicates that Antero Resources Corp's profitability before taxes fluctuated significantly over the years, reflecting potential changes in its revenue and cost structures.
Furthermore, the net profit margin of Antero Resources Corp improved gradually from -36.31% in 2020 to 1.32% in 2024. Although the margins are generally low, the positive trend indicates that the company was able to control its expenses and enhance its bottom-line profitability over the years.
Overall, while Antero Resources Corp has made progress in improving its profitability margins, the fluctuations in its operating and pretax margins suggest the need for the company to focus on consistently managing its costs and enhancing operational efficiency to sustain its profitability in the long term.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.00% | 2.93% | 18.23% | 0.17% | -7.25% |
| Return on assets (ROA) | 0.44% | 1.80% | 13.45% | -1.34% | -9.64% |
| Return on total capital | 0.01% | 5.37% | 32.42% | 0.30% | -10.87% |
| Return on equity (ROE) | 0.81% | 3.52% | 28.11% | -3.25% | -21.98% |
Antero Resources Corp's profitability ratios have displayed a varied performance over the years. The Operating Return on Assets (Operating ROA) improved significantly from -7.25% in December 2020 to 18.23% in December 2022, indicating the company's ability to generate profits from its operational assets. However, there was a slight drop to 2.93% in December 2023 before reaching 0.00% in December 2024.
Return on Assets (ROA) had a negative trend starting at -9.64% in December 2020 but improved to 13.45% in December 2022 before declining slightly to 0.44% in December 2024. This ratio reflects the overall efficiency of the company in generating profits from its total assets.
Return on Total Capital showed a similar trajectory as it started at -10.87% in December 2020, increased significantly to 32.42% in December 2022, and then decreased to 0.01% in December 2024. This ratio signifies the company's ability to generate returns for both debt and equity holders.
Return on Equity (ROE) exhibited a downward trend, starting at -21.98% in December 2020, gradually improving to 28.11% in December 2022, and then decreasing to 0.81% in December 2024. ROE measures the return generated on shareholders' equity and reflects the profitability from the equity owners' perspective.
Overall, Antero Resources Corp experienced fluctuations in profitability ratios over the years, with improvements in certain ratios and declines in others, indicating changes in the company's ability to generate profits relative to its assets, capital, and equity.