Antero Resources Corp (AR)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	57,226	242,919	1,898,770	-186,899	-1,267,900
Total assets	US$ in thousands	13,010,000	13,517,200	14,118,000	13,896,500	13,150,800
ROA		0.44%	1.80%	13.45%	-1.34%	-9.64%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $57,226K ÷ $13,010,000K
= 0.44%

Antero Resources Corp's return on assets (ROA) has fluctuated over the past five years. The company experienced a significant decline in ROA from -9.64% on December 31, 2020, suggesting inefficient asset utilization or low profitability. However, there was a notable improvement in ROA to -1.34% by December 31, 2021, though still negative.

The trend reversed positively in the subsequent years, showing a considerable increase in ROA to 13.45% on December 31, 2022. This substantial improvement indicates the company effectively generated higher returns from its assets, potentially through increased profitability or better asset management strategies.

In the following years, the ROA continued to be positive but at a lower level, with values of 1.80% on December 31, 2023, and 0.44% on December 31, 2024. Although the ROA declined, the positive values suggest that Antero Resources Corp is still generating some return from its assets, albeit at a reduced rate compared to the peak in 2022.

Overall, the fluctuating trend in Antero Resources Corp's ROA indicates varying levels of asset efficiency and profitability over the years, with a notable improvement in 2022 but subsequent declines in the following years. Investors and stakeholders should closely monitor the company's asset utilization and profitability metrics to assess its financial performance and stability.