ANTERO RESOURCES CORP (AR) Fundamental Analysis & Valuation

NYSE:AR • US03674X1063

Current stock price

44.115 USD
-0.11 (-0.26%)
Last:

This AR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. AR Profitability Analysis

1.1 Basic Checks

  • In the past year AR was profitable.
  • In the past year AR had a positive cash flow from operations.
  • AR had positive earnings in 4 of the past 5 years.
  • In the past 5 years AR always reported a positive cash flow from operatings.
AR Yearly Net Income VS EBIT VS OCF VS FCFAR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 4.79%, AR is in the better half of the industry, outperforming 61.24% of the companies in the same industry.
  • The Return On Equity of AR (8.40%) is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 6.07%, AR perfoms like the industry average, outperforming 54.55% of the companies in the same industry.
  • AR had an Average Return On Invested Capital over the past 3 years of 3.19%. This is significantly below the industry average of 23.14%.
  • The 3 year average ROIC (3.19%) for AR is below the current ROIC(6.07%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.79%
ROE 8.4%
ROIC 6.07%
ROA(3y)2.23%
ROA(5y)3.76%
ROE(3y)4.03%
ROE(5y)7.39%
ROIC(3y)3.19%
ROIC(5y)5.44%
AR Yearly ROA, ROE, ROICAR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

1.3 Margins

  • AR's Profit Margin of 12.03% is in line compared to the rest of the industry. AR outperforms 59.33% of its industry peers.
  • In the last couple of years the Profit Margin of AR has declined.
  • AR has a Operating Margin of 17.83%. This is comparable to the rest of the industry: AR outperforms 55.50% of its industry peers.
  • In the last couple of years the Operating Margin of AR has declined.
  • AR has a Gross Margin of 70.88%. This is amongst the best in the industry. AR outperforms 81.34% of its industry peers.
  • AR's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 17.83%
PM (TTM) 12.03%
GM 70.88%
OM growth 3Y-22.64%
OM growth 5YN/A
PM growth 3Y-23.25%
PM growth 5YN/A
GM growth 3Y-3.48%
GM growth 5Y1.89%
AR Yearly Profit, Operating, Gross MarginsAR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60

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5

2. AR Health Analysis

2.1 Basic Checks

  • AR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for AR has been reduced compared to 1 year ago.
  • Compared to 5 years ago, AR has more shares outstanding
  • AR has a better debt/assets ratio than last year.
AR Yearly Shares OutstandingAR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
AR Yearly Total Debt VS Total AssetsAR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 2.19 indicates that AR is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • AR has a better Altman-Z score (2.19) than 67.46% of its industry peers.
  • The Debt to FCF ratio of AR is 2.51, which is a good value as it means it would take AR, 2.51 years of fcf income to pay off all of its debts.
  • AR has a Debt to FCF ratio of 2.51. This is amongst the best in the industry. AR outperforms 81.34% of its industry peers.
  • A Debt/Equity ratio of 0.19 indicates that AR is not too dependend on debt financing.
  • The Debt to Equity ratio of AR (0.19) is better than 75.12% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 2.51
Altman-Z 2.19
ROIC/WACC0.7
WACC8.65%
AR Yearly LT Debt VS Equity VS FCFAR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 0.55 indicates that AR may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.55, AR is doing worse than 82.30% of the companies in the same industry.
  • AR has a Quick Ratio of 0.55. This is a bad value and indicates that AR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of AR (0.55) is worse than 75.60% of its industry peers.
Industry RankSector Rank
Current Ratio 0.55
Quick Ratio 0.55
AR Yearly Current Assets VS Current LiabilitesAR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. AR Growth Analysis

3.1 Past

  • AR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 402.94%, which is quite impressive.
  • AR shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -32.25% yearly.
  • Looking at the last year, AR shows a very strong growth in Revenue. The Revenue has grown by 21.97%.
  • Measured over the past years, AR shows a quite strong growth in Revenue. The Revenue has been growing by 8.61% on average per year.
EPS 1Y (TTM)402.94%
EPS 3Y-32.25%
EPS 5YN/A
EPS Q2Q%-25.86%
Revenue 1Y (TTM)21.97%
Revenue growth 3Y-9.59%
Revenue growth 5Y8.61%
Sales Q2Q%20.78%

3.2 Future

  • The Earnings Per Share is expected to grow by 4.41% on average over the next years.
  • AR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.60% yearly.
EPS Next Y94.76%
EPS Next 2Y54.38%
EPS Next 3Y39.35%
EPS Next 5Y4.41%
Revenue Next Year22.69%
Revenue Next 2Y13.58%
Revenue Next 3Y10.6%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
AR Yearly Revenue VS EstimatesAR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
AR Yearly EPS VS EstimatesAR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 2 4

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Find the best growth stocksShow best growing peers

5

4. AR Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 25.80, which means the current valuation is very expensive for AR.
  • The rest of the industry has a similar Price/Earnings ratio as AR.
  • The average S&P500 Price/Earnings ratio is at 24.75. AR is around the same levels.
  • A Price/Forward Earnings ratio of 13.25 indicates a correct valuation of AR.
  • 77.03% of the companies in the same industry are more expensive than AR, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of AR to the average of the S&P500 Index (22.10), we can say AR is valued slightly cheaper.
Industry RankSector Rank
PE 25.8
Fwd PE 13.25
AR Price Earnings VS Forward Price EarningsAR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AR is on the same level as its industry peers.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as AR.
Industry RankSector Rank
P/FCF 24.41
EV/EBITDA 8.88
AR Per share dataAR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • AR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • AR's earnings are expected to grow with 39.35% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y54.38%
EPS Next 3Y39.35%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AR Dividend Analysis

5.1 Amount

  • AR does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AR Fundamentals: All Metrics, Ratios and Statistics

ANTERO RESOURCES CORP

NYSE:AR (3/31/2026, 10:18:59 AM)

44.115

-0.11 (-0.26%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-11
Earnings (Next)04-28
Inst Owners86.65%
Inst Owner Change-0.29%
Ins Owners6.46%
Ins Owner Change0.12%
Market Cap13.61B
Revenue(TTM)5.28B
Net Income(TTM)634.42M
Analysts80.67
Price Target47.94 (8.67%)
Short Float %3.88%
Short Ratio1.77
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.89%
Min EPS beat(2)-45.15%
Max EPS beat(2)-16.62%
EPS beat(4)0
Avg EPS beat(4)-23.63%
Min EPS beat(4)-45.15%
Max EPS beat(4)-9.71%
EPS beat(8)2
Avg EPS beat(8)-8.06%
EPS beat(12)5
Avg EPS beat(12)0.7%
EPS beat(16)7
Avg EPS beat(16)-0.6%
Revenue beat(2)1
Avg Revenue beat(2)0.85%
Min Revenue beat(2)-3.5%
Max Revenue beat(2)5.19%
Revenue beat(4)1
Avg Revenue beat(4)-1.67%
Min Revenue beat(4)-5.41%
Max Revenue beat(4)5.19%
Revenue beat(8)2
Avg Revenue beat(8)-1.36%
Revenue beat(12)4
Avg Revenue beat(12)-0.12%
Revenue beat(16)7
Avg Revenue beat(16)0.13%
PT rev (1m)-0.16%
PT rev (3m)-1.33%
EPS NQ rev (1m)17.08%
EPS NQ rev (3m)9.04%
EPS NY rev (1m)-6.16%
EPS NY rev (3m)-16%
Revenue NQ rev (1m)12.13%
Revenue NQ rev (3m)10.22%
Revenue NY rev (1m)4.15%
Revenue NY rev (3m)0.73%
Valuation
Industry RankSector Rank
PE 25.8
Fwd PE 13.25
P/S 2.58
P/FCF 24.41
P/OCF 8.35
P/B 1.8
P/tB 1.8
EV/EBITDA 8.88
EPS(TTM)1.71
EY3.88%
EPS(NY)3.33
Fwd EY7.55%
FCF(TTM)1.81
FCFY4.1%
OCF(TTM)5.29
OCFY11.98%
SpS17.1
BVpS24.47
TBVpS24.47
PEG (NY)0.27
PEG (5Y)N/A
Graham Number30.69
Profitability
Industry RankSector Rank
ROA 4.79%
ROE 8.4%
ROCE 8.01%
ROIC 6.07%
ROICexc 6.07%
ROICexgc 6.07%
OM 17.83%
PM (TTM) 12.03%
GM 70.88%
FCFM 10.57%
ROA(3y)2.23%
ROA(5y)3.76%
ROE(3y)4.03%
ROE(5y)7.39%
ROIC(3y)3.19%
ROIC(5y)5.44%
ROICexc(3y)3.19%
ROICexc(5y)5.44%
ROICexgc(3y)3.19%
ROICexgc(5y)5.44%
ROCE(3y)4.2%
ROCE(5y)7.17%
ROICexgc growth 3Y-28.88%
ROICexgc growth 5YN/A
ROICexc growth 3Y-28.88%
ROICexc growth 5YN/A
OM growth 3Y-22.64%
OM growth 5YN/A
PM growth 3Y-23.25%
PM growth 5YN/A
GM growth 3Y-3.48%
GM growth 5Y1.89%
F-Score9
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 2.51
Debt/EBITDA 0.83
Cap/Depr 142.42%
Cap/Sales 20.34%
Interest Coverage 10.68
Cash Conversion 96.26%
Profit Quality 87.9%
Current Ratio 0.55
Quick Ratio 0.55
Altman-Z 2.19
F-Score9
WACC8.65%
ROIC/WACC0.7
Cap/Depr(3y)133.1%
Cap/Depr(5y)126.61%
Cap/Sales(3y)20.36%
Cap/Sales(5y)17.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)402.94%
EPS 3Y-32.25%
EPS 5YN/A
EPS Q2Q%-25.86%
EPS Next Y94.76%
EPS Next 2Y54.38%
EPS Next 3Y39.35%
EPS Next 5Y4.41%
Revenue 1Y (TTM)21.97%
Revenue growth 3Y-9.59%
Revenue growth 5Y8.61%
Sales Q2Q%20.78%
Revenue Next Year22.69%
Revenue Next 2Y13.58%
Revenue Next 3Y10.6%
Revenue Next 5YN/A
EBIT growth 1Y2743.69%
EBIT growth 3Y-30.06%
EBIT growth 5YN/A
EBIT Next Year174.67%
EBIT Next 3Y44.39%
EBIT Next 5Y17.25%
FCF growth 1Y320.86%
FCF growth 3Y-35.8%
FCF growth 5YN/A
OCF growth 1Y92.04%
OCF growth 3Y-18.84%
OCF growth 5Y17.26%

ANTERO RESOURCES CORP / AR Fundamental Analysis FAQ

What is the ChartMill fundamental rating of ANTERO RESOURCES CORP (AR) stock?

ChartMill assigns a fundamental rating of 5 / 10 to AR.


What is the valuation status of ANTERO RESOURCES CORP (AR) stock?

ChartMill assigns a valuation rating of 5 / 10 to ANTERO RESOURCES CORP (AR). This can be considered as Fairly Valued.


How profitable is ANTERO RESOURCES CORP (AR) stock?

ANTERO RESOURCES CORP (AR) has a profitability rating of 5 / 10.


What is the valuation of ANTERO RESOURCES CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ANTERO RESOURCES CORP (AR) is 25.8 and the Price/Book (PB) ratio is 1.8.


What is the financial health of ANTERO RESOURCES CORP (AR) stock?

The financial health rating of ANTERO RESOURCES CORP (AR) is 5 / 10.