Antero Resources Corp (AR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 57,226 | 242,919 | 1,898,770 | -186,899 | -1,267,900 |
| Revenue | US$ in thousands | 4,325,600 | 4,681,970 | 7,138,440 | 4,619,430 | 3,491,700 |
| Net profit margin | 1.32% | 5.19% | 26.60% | -4.05% | -36.31% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $57,226K ÷ $4,325,600K
= 1.32%
Net profit margin is an important financial ratio that indicates the percentage of revenue that translates into profit after all expenses have been deducted. Analyzing the net profit margin of Antero Resources Corp over the years reveals a fluctuating trend.
In December 31, 2020, the net profit margin was a negative 36.31%, indicating that the company incurred significant losses relative to its revenue. This negative performance improved significantly by December 31, 2021, with a net profit margin of -4.05%, but still reflecting a loss.
By December 31, 2022, the net profit margin turned positive at 26.60%, showing a substantial improvement in profitability. However, this strong performance dipped slightly by December 31, 2023, to 5.19%, suggesting a decrease in profitability compared to the previous year.
As of December 31, 2024, the net profit margin further decreased to 1.32%, indicating a continued but diminished level of profitability. Overall, the varying net profit margins over the years reflect the company's changing financial performance and highlight the importance of monitoring profitability closely for potential future trends in Antero Resources Corp.
Peer comparison
Dec 31, 2024