Antero Resources (AR) Invested Capital (2012 - 2026)
Antero Resources' Invested Capital came in at $11.42 billion for Q3 2026, up 29.4% from $8.82 billion a year earlier and up 4.5% from the prior quarter.
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Analysis
Antero Resources (AR) Invested Capital (2012 - 2026) Analysis & Trends
For FY2025, Antero Resources' Invested Capital was $9.11 billion, up 4.7% from FY2024.
- Invested Capital has increased in each of the last three years, with a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $8.71 billion in FY2024 (+0.4%), $8.67 billion in FY2023 (+6.2%), $8.17 billion in FY2022 (-0.2%) and $8.18 billion in FY2021 (-10.0%).
- The Q3 2026 figure represents the highest quarterly Invested Capital since Q2 2019.
- Year-over-year, Invested Capital has increased for five consecutive quarters, with growth averaging 11.0% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2026 (growth of 29.4%), and the weakest in Q1 2022 (a decline of 13.3%).
- Business Quant data shows AR's Invested Capital at $10.93 billion (Q2 2026), $10.89 billion (Q1 2026) and $9.11 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 306.77 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 266.83 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 233.51 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 104.25 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 89.25 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 69.32 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 54.03 Bn |
| 10 | Antero Resources | 11.90 Bn | 11.90 Bn | 54.18 Mn | 11.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.42 Bn |
| Jun 30, 2026 | 10.93 Bn |
| Mar 31, 2026 | 10.89 Bn |
| Dec 31, 2025 | 9.11 Bn |
| Sep 30, 2025 | 8.82 Bn |
| Jun 30, 2025 | 8.58 Bn |
| Mar 31, 2025 | 8.69 Bn |
| Dec 31, 2024 | 8.71 Bn |
| Sep 30, 2024 | 8.68 Bn |
| Jun 30, 2024 | 8.68 Bn |
| Mar 31, 2024 | 8.69 Bn |
| Dec 31, 2023 | 8.67 Bn |
| Sep 30, 2023 | 8.71 Bn |
| Jun 30, 2023 | 8.56 Bn |
| Mar 31, 2023 | 8.48 Bn |
| Dec 31, 2022 | 8.17 Bn |
| Sep 30, 2022 | 7.64 Bn |
| Jun 30, 2022 | 7.85 Bn |
| Mar 31, 2022 | 7.69 Bn |
| Dec 31, 2021 | 8.18 Bn |
API Access
Antero Resources Invested Capital 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=invested-capital&ticker=AR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=AR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();