Antero Resources Corp (AR)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	13,010,000	13,517,200	14,118,000	13,896,500	13,150,800
Operating ROA		0.00%	2.93%	18.23%	0.17%	-7.25%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $460K ÷ $13,010,000K
= 0.00%

Antero Resources Corp's operating return on assets (operating ROA) has exhibited fluctuations over the years. In December 2020, the company reported a negative operating ROA of -7.25%, indicating that the company's operating income generated was not sufficient to cover its assets. However, by December 2022, the operating ROA significantly improved to 18.23%, reflecting a more profitable use of assets to generate operating income.

In December 2021 and 2023, the operating ROA stood at 0.17% and 2.93% respectively, suggesting a modest performance in terms of asset utilization and operational efficiency during those periods.

However, by December 2024, the operating ROA dropped to 0.00%, which may indicate a potential decline in the company's ability to generate operating income relative to its total assets.

Overall, the trend in Antero Resources Corp's operating ROA shows variability, with improvements in profitability in some years but also periods of lower efficiency in terms of asset utilization. It is important for the company to consistently monitor and manage its operating ROA to ensure sustainable profitability and efficient use of its assets.