Antero Resources Corp (AR)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,045,070 | 4,402,910 | 6,811,170 | 4,380,080 | 2,519,390 |
| Revenue | US$ in thousands | 4,325,600 | 4,681,970 | 7,138,440 | 4,619,430 | 3,491,700 |
| Gross profit margin | 93.51% | 94.04% | 95.42% | 94.82% | 72.15% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,045,070K ÷ $4,325,600K
= 93.51%
The gross profit margin of Antero Resources Corp has exhibited a noteworthy upward trend over the past five years. Starting at 72.15% on December 31, 2020, the margin has consistently increased annually, reaching 94.82% by December 31, 2021, and further escalating to 95.42% by December 31, 2022. Although there was a slight dip to 94.04% by December 31, 2023, the margin remained high. By the end of the period on December 31, 2024, the gross profit margin stood at 93.51%, indicating strong operational efficiency and effective cost management within the company. This consistent improvement in the gross profit margin reflects positively on the company's ability to generate revenue and control direct costs associated with production, leading to enhanced profitability ratios over time.
Peer comparison
Dec 31, 2024