Antero Resources (AR) EBITDA Margin (2012 - 2026)
Antero Resources' EBITDA Margin came in at 38.70% for Q2 2026, up 8.38 percentage points from 30.32% a year earlier but down 9.46 percentage points from the prior quarter.
Antero Resources (AR) EBITDA Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Antero Resources reported EBITDA Margin of 37.93%, up 12.22 percentage points year-over-year; for FY2025, it came in at 31.03%, up 13.32 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +33.56 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 17.72% in FY2024 (-6.77 pp), 24.48% in FY2023 (-12.93 pp), 37.41% in FY2022 (+25.59 pp) and 11.82% in FY2021 (+14.35 pp).
- The five-year range for quarterly EBITDA Margin is -28.23% (Q3 2021) to 69.70% (Q4 2021).
- Year-over-year, EBITDA Margin has increased for six consecutive quarters, with an average year-over-year change of +8.16 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2022 (a gain of 85.02 percentage points), and the weakest in Q2 2023 (a drop of 41.52 percentage points).
- Business Quant data shows AR's EBITDA Margin at 48.16% (Q1 2026), 33.80% (Q4 2025) and 25.36% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 35.00% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -19.76% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 12.70% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 68.45% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 29.57% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -73.22% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 54.46% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 40.25% |
| 10 | Antero Resources | 10.31 Bn | 10.31 Bn | -9.48 Mn | 38.70% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.70% |
| Mar 31, 2026 | 48.16% |
| Dec 31, 2025 | 33.80% |
| Sep 30, 2025 | 25.36% |
| Jun 30, 2025 | 30.32% |
| Mar 31, 2025 | 32.36% |
| Dec 31, 2024 | 21.62% |
| Sep 30, 2024 | 15.65% |
| Jun 30, 2024 | 11.17% |
| Mar 31, 2024 | 21.30% |
| Dec 31, 2023 | 27.62% |
| Sep 30, 2023 | 20.68% |
| Jun 30, 2023 | 8.78% |
| Mar 31, 2023 | 35.50% |
| Dec 31, 2022 | 59.11% |
| Sep 30, 2022 | 36.55% |
| Jun 30, 2022 | 50.30% |
| Mar 31, 2022 | -4.29% |
| Dec 31, 2021 | 69.70% |
| Sep 30, 2021 | -28.23% |
Antero Resources EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "AR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=AR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();