Antero Resources (AR) FCF Margin (2012 - 2026)
Antero Resources (AR) posted FCF Margin of -4.20% for Q3 2026, up 4.07 percentage points from -8.27% a year earlier but down 12.33 percentage points from the prior quarter.
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Analysis
Antero Resources (AR) FCF Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Antero Resources was 14.18%, up 1.16 percentage points year-over-year; for FY2025, it was 13.02%, up 7.85 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +16.99 percentage points (FY2020 to FY2025).
- In prior years, Antero Resources' FCF Margin was 5.17% in FY2024 (+4.87 pp), 0.30% in FY2023 (-23.89 pp), 24.19% in FY2022 (+9.69 pp) and 14.50% in FY2021 (+18.48 pp).
- Quarterly FCF Margin has run from a low of -13.69% in Q2 2023 to a high of 44.46% in Q1 2022 over five years.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +3.38 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2025, with a gain of 28.90 percentage points; the weakest was Q1 2023, with a drop of 44.98 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 8.13% (Q2 2026), 34.05% (Q1 2026) and 13.83% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 16.32% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 1,144.26% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 17.70% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 29.69% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 16.74% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 20.25% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 31.39% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 56.76% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 12.82% |
| 10 | Antero Resources | 11.90 Bn | 11.90 Bn | 54.18 Mn | -4.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.20% |
| 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% |
API Access
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_KEYimport 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();