Antero Resources Corp (AR)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -340,129 | 20,521 | 744,966 | 566,413 |
| Revenue (ttm) | US$ in thousands | 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 | 4,408,688 | 4,501,600 | 4,459,250 | 4,148,934 |
| Net profit margin | 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% | -7.71% | 0.46% | 16.71% | 13.65% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $242,919K ÷ $4,681,975K
= 5.19%
The net profit margin of Antero Resources Corp has displayed fluctuations over the past eight quarters. In Q1 2022, the company reported a negative net profit margin of -7.80%, indicating that expenses exceeded revenues. However, the company managed to improve profitability in subsequent quarters, with the net profit margin increasing to 16.24% in Q2 2022, and further reaching 27.80% in Q3 2022.
The trend continued positively into 2023, with the net profit margin peaking at 29.23% in Q1 2023. However, there was a notable decline in profitability in the following quarters, with the net profit margin dropping to 21.81% in Q2 2023 and further decreasing to 15.75% in Q3 2023. The most recent data in Q4 2023 shows a net profit margin of 5.19%, representing a significant decrease compared to the previous quarters.
Overall, the net profit margin trend suggests a fluctuating profitability performance for Antero Resources Corp over the past eight quarters, with variations in revenue generation and cost management impacting the company's bottom line. Further analysis of the factors influencing these fluctuations would provide additional insights into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023