Antero Resources (AR) FCF Margin (2012 - 2026)
Antero Resources (AR) posted FCF Margin of 8.40% for Q2 2026, down 15.58 percentage points from 23.98% a year earlier and down 26.28 percentage points from the prior quarter.
Antero Resources (AR) FCF Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Antero Resources was 18.88%, up 2.98 percentage points year-over-year; for FY2025, it was 17.92%, up 12.50 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +20.52 percentage points (FY2020 to FY2025).
- In prior years, Antero Resources' FCF Margin was 5.42% in FY2024 (+4.77 pp), 0.65% in FY2023 (-25.42 pp), 26.07% in FY2022 (+9.80 pp) and 16.27% in FY2021 (+18.86 pp).
- The Q2 2026 figure stands as the lowest quarterly FCF Margin since Q3 2024.
- On a year-over-year basis, FCF Margin increased in seven of the last eight quarters, with an average year-over-year change of +7.80 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2025, with a gain of 27.03 percentage points; the weakest was Q1 2023, with a drop of 43.41 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 34.68% (Q1 2026), 14.78% (Q4 2025) and 11.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 14.68% |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 25.83% |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | -62.50% |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 10.73% |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 22.59% |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 18.76% |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | 62.43% |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 12.55% |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 18.84% |
| 10 | Antero Resources | 12.41 Bn | 12.41 Bn | -9.48 Mn | 8.13% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.13% |
| Mar 31, 2026 | 34.05% |
| Dec 31, 2025 | 13.83% |
| Sep 30, 2025 | -8.27% |
| Jun 30, 2025 | 23.91% |
| Mar 31, 2025 | 19.89% |
| Dec 31, 2024 | 14.69% |
| Sep 30, 2024 | 5.83% |
| Jun 30, 2024 | -5.00% |
| Mar 31, 2024 | 3.49% |
| Dec 31, 2023 | 20.39% |
| Sep 30, 2023 | -8.13% |
| Jun 30, 2023 | -13.69% |
| Mar 31, 2023 | -0.53% |
| Dec 31, 2022 | 13.43% |
| Sep 30, 2022 | 32.63% |
| Jun 30, 2022 | 26.94% |
| Mar 31, 2022 | 44.46% |
| Dec 31, 2021 | 13.12% |
| Sep 30, 2021 | 6.06% |
Antero Resources FCF 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=fcf-margin&ticker=AR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=AR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();