Antero Resources Corp (AR)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 460 396,247 2,573,900 23,860 -953,447
Revenue US$ in thousands 4,325,600 4,681,970 7,138,440 4,619,430 3,491,700
Operating profit margin 0.01% 8.46% 36.06% 0.52% -27.31%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $460K ÷ $4,325,600K
= 0.01%

The operating profit margin of Antero Resources Corp has shown significant fluctuations over the years, indicating varying levels of operational efficiency and profitability.

In December 31, 2020, the company reported a negative operating profit margin of -27.31%, suggesting that its operating expenses exceeded its gross profit, resulting in a loss from core operations. However, by December 31, 2021, the operating profit margin improved to 0.52%, indicating a minimal profitability from operations.

The year 2022 marked a significant improvement in Antero Resources Corp's operational performance, with an operating profit margin of 36.06%, reflecting strong cost management and revenue generation capabilities. Subsequently, by December 31, 2023, the operating profit margin decreased to 8.46%, indicating a decline in profitability possibly due to increased operating expenses or other factors impacting margins.

Finally, as of December 31, 2024, the operating profit margin was close to breakeven at 0.01%, suggesting that the company was operating with minimal profitability.

Overall, the analysis of Antero Resources Corp's operating profit margin highlights the company's fluctuating operational efficiency and profitability levels, showcasing the importance of closely monitoring and managing operational costs to sustain and improve financial performance.