Antero Resources Corp (AR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 57,226 | 45,002 | 83,254 | 65,833 | 242,919 | 878,451 | 1,420,402 | 2,268,621 | 1,898,771 | 2,069,860 | 960,783 | -327,819 | -186,899 | -1,018,454 | -1,004,749 | -944,586 | -1,267,897 | -1,819,923 | -2,163,174 | -1,657,702 |
| Revenue (ttm) | US$ in thousands | 4,325,594 | 4,350,984 | 4,421,244 | 4,395,895 | 4,681,975 | 5,573,125 | 6,511,565 | 7,759,940 | 7,138,430 | 7,447,410 | 5,916,673 | 4,202,073 | 4,619,433 | 3,534,253 | 3,380,961 | 3,378,792 | 3,491,692 | 3,135,340 | 3,873,629 | 4,688,378 |
| Net profit margin | 1.32% | 1.03% | 1.88% | 1.50% | 5.19% | 15.76% | 21.81% | 29.24% | 26.60% | 27.79% | 16.24% | -7.80% | -4.05% | -28.82% | -29.72% | -27.96% | -36.31% | -58.05% | -55.84% | -35.36% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $57,226K ÷ $4,325,594K
= 1.32%
The net profit margin of Antero Resources Corp has shown a significant improvement over the period analyzed. Starting from negative figures in 2020 and early 2021, the company managed to turn around its profitability by consistently reducing its losses. By June 2022, Antero Resources Corp achieved a positive net profit margin of 16.24%, indicating that the company began generating profits. This trend of profitability continued to strengthen, with the net profit margin increasing to 29.24% by March 2023.
However, the company experienced a slight decrease in profitability in the following quarters, with the net profit margin declining to 5.19% by December 2023. The profitability remained positive but showed a further decrease to 1.32% by the end of December 2024.
Overall, Antero Resources Corp demonstrated its ability to successfully reverse its losses and achieve profitability, albeit with some fluctuations in the later periods. The company's management may need to focus on sustaining and possibly improving its profit margins in the future to ensure long-term financial health and stability.
Peer comparison
Dec 31, 2024