Antero Resources (AR) EBITDA Margin (2012 - 2026)

Antero Resources (AR) recorded quarterly EBITDA Margin of 38.32% in Q1 2026, up 219.71% quarter-over-quarter from 32.01% in Q4 2025, and up 1825.0% on a YoY basis from 1.99% in Q1 2025.

Antero Resources (AR) EBITDA Margin (2012 - 2026) Analysis & Trends

Antero Resources' EBITDA Margin history runs 15 years deep, the most recent figure standing at 38.32% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 1825.0% year-over-year to 38.32%; the TTM figure through Mar 2026 stood at 11.55% (up 668.0% YoY), while the FY2025 annual figure was 3.64%, up 363.0% from the prior year.
  • EBITDA Margin was 38.32% for Q1 2026 at Antero Resources, up from 32.01% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 43.21% in Q2 2022 to a low of 361.53% in Q4 2022.
  • Historically, EBITDA Margin has averaged 13.4% across 5 years, with a median of 5.0% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin sank 39085 bps in 2022, then soared 36973 bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 361.53% in 2022, then jumped by 102 bps to 8.2% in 2023, then slumped by 42 bps to 4.76% in 2024, then slumped by 772 bps to 32.01% in 2025, then jumped by 220 bps to 38.32% in 2026.
  • The last three EBITDA Margin figures came in at 38.32% (Q1 2026), 32.01% (Q4 2025), and 10.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 72.10%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 45.70%
4 Eog Resources 72.93 Bn 69.08 Bn - 28.62%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 71.82%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 2.74%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 24.92%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 60.26%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -30.08%
10 Antero Resources 10.70 Bn 10.61 Bn 1.90 Bn 38.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 38.32%
Dec 31, 2025 -32.01%
Sep 30, 2025 10.11%
Jun 30, 2025 16.56%
Mar 31, 2025 20.07%
Dec 31, 2024 4.76%
Sep 30, 2024 -2.36%
Jun 30, 2024 -8.20%
Mar 31, 2024 4.32%
Dec 31, 2023 8.20%
Sep 30, 2023 5.00%
Jun 30, 2023 -9.33%
Mar 31, 2023 23.54%
Dec 31, 2022 -361.53%
Sep 30, 2022 37.50%
Jun 30, 2022 43.21%
Mar 31, 2022 -26.00%
Dec 31, 2021 29.32%
Sep 30, 2021 -128.13%
Jun 30, 2021 -49.15%