ANTERO RESOURCES CORP (AR) Fundamental Analysis & Valuation
NYSE:AR • US03674X1063
39.09 USD
+0.26 (+0.67%)
At close: Mar 9, 2026
38.75 USD
-0.34 (-0.87%)
After Hours: 3/9/2026, 7:44:58 PM
This AR fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
AR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 207 industry peers in the Oil, Gas & Consumable Fuels industry. AR has only an average score on both its financial health and profitability. AR has a correct valuation and a medium growth rate.
1. AR Profitability Analysis
1.1 Basic Checks
- In the past year AR was profitable.
- AR had a positive operating cash flow in the past year.
- Of the past 5 years AR 4 years were profitable.
- Each year in the past 5 years AR had a positive operating cash flow.
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 60.87% of the companies in the same industry.
- AR's Return On Equity of 8.40% is in line compared to the rest of the industry. AR outperforms 50.72% of its industry peers.
- AR has a Return On Invested Capital (6.07%) which is in line with its industry peers.
- AR had an Average Return On Invested Capital over the past 3 years of 3.19%. This is significantly below the industry average of 22.53%.
- The 3 year average ROIC (3.19%) for AR is below the current ROIC(6.07%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- With a decent Profit Margin value of 12.03%, AR is doing good in the industry, outperforming 60.87% of the companies in the same industry.
- In the last couple of years the Profit Margin of AR has declined.
- AR has a Operating Margin (17.83%) which is comparable to the rest of the industry.
- AR's Operating Margin has declined in the last couple of years.
- The Gross Margin of AR (70.88%) is better than 81.16% of its industry peers.
- AR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. AR Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AR is destroying value.
- Compared to 1 year ago, AR has less shares outstanding
- Compared to 5 years ago, AR has more shares outstanding
- The debt/assets ratio for AR has been reduced compared to a year ago.
2.2 Solvency
- AR has an Altman-Z score of 2.01. This is not the best score and indicates that AR is in the grey zone with still only limited risk for bankruptcy at the moment.
- AR has a better Altman-Z score (2.01) than 64.73% of its industry peers.
- AR has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as AR would need 2.51 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 2.51, AR belongs to the best of the industry, outperforming 80.19% of the companies in the same industry.
- AR has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- AR has a better Debt to Equity ratio (0.19) than 74.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 2.01 |
ROIC/WACC0.73
WACC8.34%
2.3 Liquidity
- A Current Ratio of 0.55 indicates that AR may have some problems paying its short term obligations.
- The Current ratio of AR (0.55) is worse than 81.64% of its industry peers.
- 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 74.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.55 | ||
| Quick Ratio | 0.55 |
3. AR Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 402.94% over the past year.
- Measured over the past years, AR shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -32.25% on average per year.
- AR shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.97%.
- AR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.61% yearly.
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
- Based on estimates for the next years, AR will show a small growth in Earnings Per Share. The EPS will grow by 1.06% on average per year.
- AR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.02% yearly.
EPS Next Y107.56%
EPS Next 2Y59.16%
EPS Next 3Y7.46%
EPS Next 5Y1.06%
Revenue Next Year18.7%
Revenue Next 2Y12.03%
Revenue Next 3Y10.02%
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 stable: in the next years the growth will be about the same than in the last years.
4. AR Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 22.86, the valuation of AR can be described as rather expensive.
- The rest of the industry has a similar Price/Earnings ratio as AR.
- AR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.46.
- AR is valuated reasonably with a Price/Forward Earnings ratio of 11.01.
- AR's Price/Forward Earnings ratio is rather cheap when compared to the industry. AR is cheaper than 83.57% of the companies in the same industry.
- AR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.65.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
- 62.80% of the companies in the same industry are more expensive than AR, based on the Enterprise Value to EBITDA ratio.
- The rest of the industry has a similar Price/Free Cash Flow ratio as AR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.62 | ||
| EV/EBITDA | 7.9 |
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 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y59.16%
EPS Next 3Y7.46%
5. AR Dividend Analysis
5.1 Amount
- No dividends for AR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AR Fundamentals: All Metrics, Ratios and Statistics
39.09
+0.26 (+0.67%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners87.75%
Inst Owner Change-0.29%
Ins Owners6.44%
Ins Owner Change0.05%
Market Cap12.06B
Revenue(TTM)5.28B
Net Income(TTM)634.42M
Analysts80
Price Target46.13 (18.01%)
Short Float %4.26%
Short Ratio2.13
Dividend
| Industry Rank | Sector 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)4.91%
EPS NQ rev (1m)9.3%
EPS NQ rev (3m)4.08%
EPS NY rev (1m)0%
EPS NY rev (3m)13.86%
Revenue NQ rev (1m)9.7%
Revenue NQ rev (3m)9.4%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)9.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.86 | ||
| Fwd PE | 11.01 | ||
| P/S | 2.29 | ||
| P/FCF | 21.62 | ||
| P/OCF | 7.39 | ||
| P/B | 1.6 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 7.9 |
EPS(TTM)1.71
EY4.37%
EPS(NY)3.55
Fwd EY9.08%
FCF(TTM)1.81
FCFY4.62%
OCF(TTM)5.29
OCFY13.52%
SpS17.1
BVpS24.48
TBVpS24.48
PEG (NY)0.21
PEG (5Y)N/A
Graham Number30.69
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.01 |
F-Score9
WACC8.34%
ROIC/WACC0.73
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 Y107.56%
EPS Next 2Y59.16%
EPS Next 3Y7.46%
EPS Next 5Y1.06%
Revenue 1Y (TTM)21.97%
Revenue growth 3Y-9.59%
Revenue growth 5Y8.61%
Sales Q2Q%20.78%
Revenue Next Year18.7%
Revenue Next 2Y12.03%
Revenue Next 3Y10.02%
Revenue Next 5YN/A
EBIT growth 1Y2743.69%
EBIT growth 3Y-30.06%
EBIT growth 5YN/A
EBIT Next Year174.67%
EBIT Next 3Y42.8%
EBIT Next 5Y15.74%
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 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 6 / 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 22.86 and the Price/Book (PB) ratio is 1.6.
What is the financial health of ANTERO RESOURCES CORP (AR) stock?
The financial health rating of ANTERO RESOURCES CORP (AR) is 5 / 10.