Last 48 quarters of trend data · Energy · Oil & Gas Exploration & Production
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 17.33 | 6.17 | 13.90 | 34.96 | 20.14 | 15.32 | 25.77 | — | — | 103.57 | 35.44 | 108.83 | — | 8.37 | 3.35 | 4.44 | 3.35 | — | 1.65 | — | — |
| — | -59.7% | -46.1% | — | — | -85.2% | -27.3% | — | — | +1138.0% | +956.6% | +2352.6% | — | — | +103.2% | — | — | — | -74.6% | — | — | |
| P/S Ratio | 2.17 | 1.77 | 2.09 | 2.30 | 2.62 | 2.29 | 2.39 | 2.26 | 2.73 | 2.14 | 1.60 | 1.86 | 1.93 | 1.48 | 1.36 | 1.03 | 1.09 | 1.39 | 0.78 | 0.96 | 1.01 |
| — | -22.4% | -12.6% | +1.6% | -4.1% | +6.7% | +49.6% | +21.7% | +41.3% | +44.7% | +17.4% | +81.5% | +77.4% | +6.2% | +74.0% | +7.0% | +7.7% | +122.0% | +68.2% | +314.3% | +249.2% | |
| P/B Ratio | 1.42 | 1.61 | 1.39 | 1.39 | 1.69 | 1.72 | 1.52 | 1.24 | 1.41 | 1.25 | 0.98 | 1.11 | 0.98 | 1.00 | 1.40 | 1.54 | 1.63 | 1.67 | 0.98 | 1.15 | 0.81 |
| — | -6.5% | -8.7% | +11.9% | +19.5% | +37.9% | +55.2% | +11.4% | +44.2% | +24.1% | -29.8% | -27.6% | -40.2% | -40.0% | +42.4% | +33.8% | +102.0% | +244.4% | +223.5% | +831.4% | +663.6% | |
| P/FCF | 8.77 | — | 8.43 | 7.65 | 11.11 | 7.46 | 10.76 | 5.75 | — | 9.93 | 20.68 | 13.12 | 15.17 | 6.77 | 5.52 | 2.40 | 2.94 | 4.49 | 3.51 | 5.24 | 3.92 |
| — | — | -21.7% | +33.0% | — | -24.9% | -48.0% | -56.2% | — | +46.7% | +274.8% | +447.5% | +415.3% | +51.0% | +57.0% | -54.3% | -25.0% | +223.5% | +73.1% | +372.3% | +139.9% | |
| EV / EBITDA | 9.99 | 5.17 | 9.90 | 11.93 | 11.17 | 7.74 | 14.86 | 25.40 | 33.22 | 14.13 | 8.78 | 13.58 | 34.87 | 5.96 | 3.23 | 3.88 | 3.07 | — | 2.00 | — | — |
| — | -33.2% | -33.4% | -53.0% | -66.4% | -45.2% | +69.3% | +87.1% | -4.7% | +137.1% | +171.6% | +249.6% | +1034.8% | — | +61.3% | — | — | — | -61.9% | — | — | |
| EV / EBIT | 19.07 | 6.15 | 13.26 | 23.80 | 17.16 | 13.91 | 138.46 | 171.68 | — | 47.50 | 16.22 | 40.56 | — | 8.53 | 3.76 | 4.83 | 3.54 | — | 2.27 | — | — |
| — | -55.8% | -90.4% | -86.1% | — | -70.7% | +753.7% | +323.2% | — | +456.6% | +331.3% | +739.2% | — | — | +65.5% | — | — | — | -79.8% | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.1% | 39.8% | 21.1% | 15.2% | 20.2% | 30.3% | 11.2% | 5.2% | 0.5% | 10.2% | 18.4% | 13.9% | -0.7% | 26.7% | 50.0% | 58.5% | 60.2% | 51.8% | 53.0% | 42.3% | 22.6% |
| — | +31.4% | +88.6% | +192.3% | +4235.0% | +198.0% | -38.9% | -62.7% | +162.2% | -61.9% | -63.3% | -76.2% | -101.2% | -48.4% | -5.6% | +38.4% | +165.7% | +85.2% | +676.7% | +333.9% | +144.0% | |
| Operating Margin | 16.5% | 35.5% | 16.1% | 9.2% | 14.3% | 24.9% | 0.3% | -0.6% | -8.6% | 4.5% | 14.0% | 5.2% | -10.0% | 27.3% | 52.4% | 31.9% | 45.1% | -11.9% | 66.0% | -44.4% | -56.3% |
| — | +42.6% | +5709.5% | +1626.4% | +265.5% | +451.8% | -98.0% | -111.4% | +13.3% | -83.4% | -73.3% | -83.6% | -122.0% | +329.1% | -20.7% | +171.8% | +180.2% | -251.7% | +351.9% | +53.0% | +45.5% | |
| Net Margin | 12.7% | 28.7% | 15.1% | 6.7% | 13.0% | 14.9% | 9.3% | -2.1% | -8.6% | 2.1% | 8.6% | 1.7% | -9.3% | 17.6% | 40.6% | 23.1% | 32.5% | -9.1% | 47.4% | -35.7% | -45.8% |
| — | +92.4% | +62.1% | +423.3% | +251.2% | +594.8% | +8.8% | -223.9% | +7.5% | -87.8% | -78.9% | -92.7% | -128.6% | +293.0% | -14.4% | +164.7% | +171.0% | -607.3% | +574.0% | +46.8% | +41.9% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.5% | 6.7% | 2.5% | 1.0% | 2.1% | 2.8% | 1.5% | -0.3% | -1.1% | 0.3% | 1.3% | 0.3% | -1.2% | 3.0% | 10.8% | 8.8% | 12.7% | -2.7% | 16.1% | -10.1% | -8.8% |
| — | +136.1% | +71.1% | +457.0% | +290.6% | +806.3% | +12.2% | -213.2% | +5.4% | -89.6% | -87.8% | -97.1% | -109.2% | +213.4% | -32.7% | +186.8% | +245.5% | -954.2% | +1291.4% | -17.3% | -23.2% | |
| ROA | 4.6% | 3.6% | 1.4% | 0.6% | 1.2% | 1.6% | 0.8% | -0.2% | -0.6% | 0.2% | 0.7% | 0.1% | -0.6% | 1.5% | 5.1% | 3.9% | 5.5% | -1.1% | 6.6% | -4.2% | -4.1% |
| — | +126.3% | +74.6% | +486.5% | +305.0% | +854.0% | +17.7% | -218.5% | +1.5% | -89.0% | -86.5% | -96.7% | -111.0% | +235.0% | -22.3% | +193.7% | +234.9% | -853.1% | +1149.9% | -5.6% | -23.6% | |
| ROIC | 5.2% | 3.9% | 1.3% | 0.7% | 1.2% | 2.3% | 0.0% | -0.0% | -0.5% | 0.3% | 1.0% | 0.4% | -0.6% | 2.1% | 6.2% | 5.2% | 7.2% | -1.4% | 8.5% | -4.9% | -4.4% |
| — | +67.2% | +6103.3% | +1938.5% | +325.3% | +658.1% | -97.9% | -110.9% | +8.3% | -85.5% | -84.1% | -93.2% | -107.8% | +255.5% | -27.5% | +206.4% | +263.5% | -320.9% | +822.5% | -4.7% | -23.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.67 | 0.58 | 0.67 | 0.47 | 0.47 | 0.51 | 0.56 | 0.60 | 0.61 | 0.61 | 0.62 | 0.67 | 0.67 | 0.66 | 0.66 | 0.73 | 0.79 | 0.92 | 0.91 | 1.03 | 0.86 |
| — | +12.4% | +19.1% | -20.3% | -23.5% | -15.9% | -10.5% | -10.8% | -9.4% | -7.1% | -5.3% | -8.4% | -14.4% | -28.2% | -27.8% | -29.5% | -8.3% | +11.4% | -0.9% | +6.3% | -9.3% | |
| Debt / EBITDA | 3.24 | 5.47 | 13.00 | 12.16 | 9.69 | 7.13 | 15.96 | 32.95 | 40.11 | 18.60 | 13.66 | 20.35 | 56.86 | 9.44 | 4.15 | 4.99 | 3.99 | — | 3.86 | — | — |
| — | -23.3% | -18.5% | -63.1% | -75.8% | -61.7% | +16.8% | +61.9% | -29.5% | +97.1% | +229.5% | +307.5% | +1324.3% | — | +7.3% | — | — | — | -75.6% | — | — | |
| Current Ratio | 0.55 | 0.40 | 0.55 | 0.31 | 0.30 | 0.39 | 0.35 | 0.28 | 0.29 | 0.29 | 0.33 | 0.29 | 0.26 | 0.29 | 0.44 | 0.38 | 0.41 | 0.28 | 0.33 | 0.25 | 0.29 |
| — | +3.5% | +57.6% | +10.8% | +4.6% | +32.9% | +7.2% | -3.7% | +13.9% | -0.4% | -26.2% | -24.8% | -37.8% | +2.9% | +33.7% | +51.9% | +40.3% | -40.8% | -43.2% | -49.8% | -70.0% | |
| Quick Ratio | 0.55 | 0.40 | 0.55 | 0.31 | 0.30 | 0.39 | 0.35 | 0.28 | 0.29 | 0.29 | 0.33 | 0.29 | 0.26 | 0.29 | 0.44 | 0.38 | 0.41 | 0.28 | 0.33 | 0.25 | 0.29 |
| — | +3.5% | +57.6% | +10.8% | +4.6% | +32.9% | +7.2% | -3.7% | +13.9% | -0.4% | -26.2% | -24.8% | -37.8% | +2.9% | +33.7% | +51.9% | +40.3% | -40.8% | -43.2% | -49.8% | -70.0% | |
| Interest Coverage | 11.64 | 19.77 | 13.33 | 8.07 | 11.76 | 12.72 | 1.00 | 0.68 | -1.81 | 2.35 | 5.47 | 2.46 | -2.50 | 13.58 | 38.20 | 26.78 | 31.33 | -5.04 | 28.92 | -14.97 | -13.22 |
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Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying AR stock.
Antero Resources Corporation's current P/E is 17.3x. The average P/E over the last 4 quarters is 18.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Antero Resources Corporation's current operating margin is 16.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Antero Resources Corporation's business trajectory between earnings reports.