Antero Resources Corporation

Antero Resources Corporation

38.71
USD
+0.18
(+0.46%)
3.61EPS
10.13P/E
10.97BMarket Cap
Oct 28Next Earn

Total Valuation

USD

As of June 30, 2026, Antero Resources Corporation carries a market capitalization of 10.97B, placing it among publicly traded companies globally. Its enterprise value stands at 15.58B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap10.97B
Enterprise Value15.58B

Important Dates

Antero Resources Corporation's next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Antero Resources Corporation has 308.74M shares outstanding.

Shares Outstanding308.74M

Valuation Ratios

As of June 30, 2026, Antero Resources Corporation trades at a trailing price-to-earnings ratio of 10.13. The price-to-sales ratio is 1.95, and the price-to-book ratio stands at 1.32.

PE Ratio10.13
PS Ratio1.95
PB Ratio1.32
P/TBV Ratio1.32
P/FCF Ratio6.93
P/OCF Ratio5.55

Enterprise Valuation

As of June 30, 2026, Antero Resources Corporation trades at an EV/EBITDA multiple of 6.70 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.77 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 10.30 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Antero Resources Corporation trades at an EV/FCF ratio of 9.26, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 15.58B versus a market cap of 10.97B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.77
EV / EBITDA6.70
EV / EBIT10.30
EV / FCF9.26

Financial Position

As of June 30, 2026, Antero Resources Corporation maintains a current ratio of 0.40, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 55.49, indicating elevated leverage, while an interest coverage ratio of 20.25 demonstrates strong ability to service its debt obligations.

Current Ratio0.40
Debt / Equity55.49
Debt / EBITDA1.98
Interest Coverage20.25

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Antero Resources Corporation posted a return on equity (ROE) of 13.87, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 9.71 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 7.74, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.47, useful for judging operating efficiency across full business cycles. The company generates approximately 8.94M in revenue per employee across its workforce of 628.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)13.87
Return on Assets (ROA)7.74
Return on Invested Capital (ROIC)9.71
Return on Capital Employed (ROCE)9.47
Revenue Per Employee8.94M
Employee Count628.00

Taxes

USD

Over the twelve months ended June 30, 2026, Antero Resources Corporation recorded 337.78M in income tax expense. That works out to an effective tax rate of 23.12, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.46B, leaving 1.08B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax337.78M
Effective Tax Rate23.12

Stock Price Statistics

USD

As of the close on October 22, 2026, Antero Resources Corporation's stock has gained approximately 21.85% over the past 52 weeks. The 50-day moving average sits at 37.08, while the 200-day moving average is 36.45.

52-Week Price Change21.85%
50-Day Moving Average37.08
200-Day Moving Average36.45

Income Statement

USD

Over the twelve months ended June 30, 2026, Antero Resources Corporation generated 5.62B in revenue and converted that into 1.08B in net income, yielding earnings per share of 3.61. EBITDA reached 2.33B, while operating income came in at 1.18B.

Revenue5.62B
Gross Profit1.46B
Operating Income1.18B
Pretax Income1.46B
Net Income1.08B
EBITDA2.33B
EBIT1.51B
Earnings Per Share (EPS)3.61

Balance Sheet

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These figures are as of June 30, 2026. Total book value stands at 8.32B, with working capital of -1.04B providing operational flexibility.

Total Debt4.62B
Equity (Book Value)8.32B
Book Value Per Share26.94
Working Capital-1.04B

Cash Flow

USD

Antero Resources Corporation produced 1.98B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -384.01M in capital expenditures, free cash flow totaled 1.59B - equivalent to 5.16 per share.

Operating Cash Flow1.98B
Capital Expenditures-384.01M
Free Cash Flow1.59B
FCF Per Share5.16

Margins

Over the twelve months ended June 30, 2026, Antero Resources Corporation posted a gross margin of 26.02, reflecting its pricing power and cost economics. The operating margin of 20.98 and net profit margin of 19.29 provide insight into operational efficiency.

Gross Margin26.02
Operating Margin20.98
Pretax Margin26.01
Profit Margin19.29
EBITDA Margin41.40

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 14.43, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -12.02, meaning Antero Resources Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-12.02
FCF Yield14.43

Scores

As of June 30, 2026, Antero Resources Corporation has an Altman Z-Score of 1.72, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.72