Antero Resources (AR) EBT Margin (2012 - 2026)
Antero Resources' EBT Margin came in at 29.66% for Q3 2026, up 19.04 percentage points from 10.62% a year earlier and up 6.23 percentage points from the prior quarter.
Antero Resources (AR) EBT Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Antero Resources reported EBT Margin of 27.71%, up 14.52 percentage points year-over-year; for FY2025, it was 16.88%, up 17.44 percentage points from FY2024.
- EBT Margin carries a five-year change of +64.36 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was -0.57% in FY2024 (-8.28 pp), 7.71% in FY2023 (-20.30 pp), 28.01% in FY2022 (+31.52 pp) and -3.51% in FY2021 (+43.98 pp).
- The five-year range for quarterly EBT Margin is -28.95% (Q1 2022) to 59.33% (Q4 2021).
- Year-over-year, EBT Margin has increased for seven consecutive quarters, with an average year-over-year change of +13.63 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q2 2022 (a gain of 96.54 percentage points), and the weakest in Q2 2023 (a drop of 52.49 percentage points).
- Business Quant data shows AR's EBT Margin at 23.43% (Q2 2026), 35.66% (Q1 2026) and 19.33% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.77% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 977.98% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.10% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 40.49% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.56% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 29.82% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 34.19% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 24.96% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 13.80% |
| 10 | Antero Resources | 11.90 Bn | 11.90 Bn | 54.18 Mn | 29.66% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.66% |
| Jun 30, 2026 | 23.43% |
| Mar 31, 2026 | 35.66% |
| Dec 31, 2025 | 19.33% |
| Sep 30, 2025 | 10.62% |
| Jun 30, 2025 | 16.55% |
| Mar 31, 2025 | 19.32% |
| Dec 31, 2024 | 4.68% |
| Sep 30, 2024 | -2.67% |
| Jun 30, 2024 | -9.39% |
| Mar 31, 2024 | 3.64% |
| Dec 31, 2023 | 7.46% |
| Sep 30, 2023 | 4.11% |
| Jun 30, 2023 | -10.26% |
| Mar 31, 2023 | 22.96% |
| Dec 31, 2022 | 47.81% |
| Sep 30, 2022 | 28.27% |
| Jun 30, 2022 | 42.24% |
| Mar 31, 2022 | -28.95% |
| Dec 31, 2021 | 59.33% |
Antero Resources EBT 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=ebt-margin&ticker=AR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=AR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();