Antero Resources Corp (AR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 460 | 152,112 | 213,747 | 186,800 | 453,130 | 1,241,112 | 1,959,540 | 3,109,996 | 2,573,907 | 2,887,421 | 1,429,187 | -275,283 | 23,856 | -1,087,333 | -1,157,368 | -1,121,340 | -953,447 | -1,166,054 | -1,397,823 | -690,905 |
| 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 |
| Operating profit margin | 0.01% | 3.50% | 4.83% | 4.25% | 9.68% | 22.27% | 30.09% | 40.08% | 36.06% | 38.77% | 24.16% | -6.55% | 0.52% | -30.77% | -34.23% | -33.19% | -27.31% | -37.19% | -36.09% | -14.74% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $460K ÷ $4,325,594K
= 0.01%
Antero Resources Corp's operating profit margin has shown significant fluctuation over the analyzed period. The company started with negative operating profit margins, indicating that its operating expenses were outpacing its operating income.
However, there has been a noticeable improvement in the operating profit margin from June 30, 2022, onwards. The company managed to turn around its operating performance, with the margin steadily increasing to reach a peak of 40.08% on March 31, 2023. This improvement suggests that Antero Resources Corp effectively managed its operational costs and improved its revenue generation during this period.
Subsequently, the operating profit margin experienced a decline, falling to 0.01% by December 31, 2024, indicating a reduction in the company's profitability relative to its operating income. Antero Resources Corp should monitor this trend closely to ensure that operational efficiency is maintained and costs are managed effectively to sustain and potentially grow its profitability in the future.
Peer comparison
Dec 31, 2024