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RRCRange Resources Corporation
$38.77$9.1B
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  4. Financial Ratios

Range Resources Corporation (RRC) Financial Ratios

Latest Ratios: P/E Ratio 14.1x · EV/EBITDA 8.4x · ROE 15.9%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

RRC Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$9.1B$8.5B$8.7B$7.3B$6.2B$4.4B$1.6B$1.2B$2.4B$4.2B$6.5B
Enterprise Value$10.4B$9.8B$10.3B$8.9B$8.1B$7.2B$4.8B$4.4B$6.2B$8.3B$10.3B
P/E Ratio →14.1512.8733.018.535.3311.07———12.73—
P/S Ratio3.032.823.722.871.161.240.910.460.711.754.79
P/B Ratio2.151.962.221.942.142.130.990.510.580.731.21
P/FCF15.3614.3327.6419.644.4811.84—————
P/OCF7.737.229.257.473.315.616.021.762.385.1316.85

P/E links to full P/E history page with 30-year chart

RRC EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—3.284.373.501.522.012.681.711.863.467.56
EV / EBITDA8.457.9614.399.732.434.1417.392.554.728.0931.14
EV / EBIT12.4810.4927.757.265.1411.44———29.86—
EV / FCF—16.6632.4423.925.8919.18—————

RRC Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin34.1%34.1%24.5%30.6%60.5%44.7%1.0%12.3%27.0%25.6%-1.4%
Operating Margin27.9%27.9%15.1%22.2%56.1%38.4%-11.2%3.9%19.6%13.6%-17.4%
Net Profit Margin22.0%22.0%11.3%34.3%22.2%11.5%-40.0%-66.0%-52.4%13.9%-38.3%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE15.9%15.9%6.9%26.2%47.7%22.1%-35.7%-53.6%-35.5%6.0%-12.8%
ROA8.9%8.9%3.7%12.0%16.1%6.1%-11.2%-21.0%-16.3%2.9%-5.7%
ROIC11.2%11.2%4.9%8.3%46.4%21.4%-2.9%1.1%5.5%2.6%-2.4%
ROCE13.0%13.0%5.6%8.8%47.8%23.5%-3.5%1.3%6.6%3.0%-2.8%

RRC Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.320.320.460.480.681.421.931.380.950.710.70
Debt / EBITDA1.111.112.561.970.581.7111.501.862.924.0111.41
Net Debt / Equity—0.320.390.420.681.321.931.380.950.710.70
Net Debt / EBITDA1.111.112.131.740.581.5811.491.862.924.0111.41
Debt / FCF—2.334.804.281.427.34—————
Interest Coverage8.938.933.119.879.562.77-2.83-10.41-7.451.42-3.77

RRC Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.670.670.571.490.530.640.410.760.800.570.40
Quick Ratio0.670.670.571.490.530.640.410.760.770.540.36
Cash Ratio0.000.000.240.360.000.190.000.000.000.000.00
Asset Turnover—0.400.320.350.730.480.290.390.340.200.12
Inventory Turnover————————106.0483.5651.96
Days Sales Outstanding—43.7347.0040.6034.6151.1051.7838.3053.7353.1064.81

RRC Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.9%1.0%0.9%1.1%0.6%——1.7%0.8%0.5%0.3%
Payout Ratio13.0%13.0%29.1%8.9%3.3%————6.0%—

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield7.1%7.8%3.0%11.7%18.7%9.0%———7.9%—
FCF Yield6.5%7.0%3.6%5.1%22.3%8.4%—————
Buyback Yield2.5%2.7%0.7%0.3%6.5%0.0%1.4%0.6%0.1%0.0%35.1%
Total Shareholder Yield3.5%3.7%1.6%1.3%7.1%0.0%1.4%2.2%1.0%0.5%35.4%
Shares Outstanding—$240M$243M$240M$246M$249M$241M$248M$246M$245M$190M

Key Metrics

Growth RegimeAccelerating
ProfitabilityStrong
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

Commodity price volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Margin Expansion Signals Regime Shift

RRC's gross margin surged to 58.7% in 2026Q2 from 35.1% a year earlier, as per reported financials, indicating a structural improvement in cost structure and pricing power.

The sequential dip from 63.0% in 2026Q1 to 58.7% in 2026Q2 suggests some quarter-to-quarter volatility, but the year-over-year expansion is substantial. Operating margin of 39.1% in 2026Q2, up from 26.8% in 2025Q2, reflects operating leverage from fixed cost absorption. Net margin of 23.4% is tempered by non-operating items, but the trend indicates a higher profitability regime compared to the 2024 period when margins were in the single digits.

ROIC Recovery from Cyclical Lows

ROIC improved to 4.3% in 2026Q2 from 0.4% in 2024Q2, as per financial statements, signaling a cyclical recovery in capital efficiency, though still below peer levels.

The recovery is driven by margin expansion rather than asset turnover, which remains low at 0.11x due to the capital-intensive nature of E&P. ROE of 4.2% in 2026Q2 is modest but improving from 0.7% in 2024Q2, reflecting both higher earnings and a strengthened equity base. The trend suggests RRC is compounding returns from a low base, but the absolute levels remain below peers like CTRA (ROIC 10.9%) and EQT (ROIC 6.9%), indicating room for further improvement.

Working Capital Efficiency Under Pressure

RRC's current ratio fell to 0.65 in 2026Q2 from 1.35 in 2024Q1, as per reported data, indicating tighter liquidity and potential working capital strain.

The quick ratio equals the current ratio at 0.65, suggesting minimal inventory dependence, typical for an E&P company. DSO has remained stable around 31-35 days, but DPO has increased to 56 days in 2026Q2 from 27 days in 2025Q4, indicating RRC is stretching payables, which may signal supplier leverage. The negative working capital position is common in the industry, but the declining current ratio warrants monitoring, especially if commodity prices weaken.

Deleveraging Strengthens Balance Sheet

D/E improved to 0.22 in 2026Q2 from 0.50 in 2024Q1, and D/EBITDA fell to 2.43 from 15.37, as per financial statements, indicating significantly reduced leverage.

Interest coverage has risen to 16.24x in 2026Q2 from 1.34x in 2024Q2, reflecting both lower debt and higher EBITDA. The rapid deleveraging over the past year, with total debt down from $1.9B to $1.0B, suggests a strategic focus on balance sheet strength. However, the low cash balance of $247K and reliance on credit facilities may pose refinancing risk if access tightens, though the improved coverage metrics provide a cushion.

Liquidity Tightens Despite Strong Operations

RRC's current ratio of 0.65 in 2026Q2, with cash of only $247K, as per reported figures, indicates a strained liquidity position that may rely on credit facilities.

The quick ratio matches the current ratio, confirming no inventory buffer. While the balance sheet is healthy with low leverage, the minimal cash and negative working capital suggest that RRC is operating with thin liquidity. This could be a concern under severe commodity price stress, but the strong operating cash flow and available credit lines may mitigate the risk. Investors should monitor the availability and terms of RRC's credit facility.

Misapplied Metric: Current Ratio

The current ratio is commonly misapplied to RRC's business model, as per industry practice, because it ignores the availability of credit facilities and the nature of E&P cash flows.

A current ratio below 1.0 is typical for E&P companies due to high payables and minimal inventory, but it does not necessarily indicate liquidity distress. RRC's strong operating cash flow, with OCF/NI averaging 2.7x, and low leverage suggest that the company can meet obligations even with a low current ratio. A more appropriate metric is the liquidity coverage ratio or the unused borrowing capacity under the credit facility, which provides a better picture of short-term solvency.

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Includes 30+ ratios · 30 years · Updated daily

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RRC — Frequently Asked Questions

Quick answers to the most common questions about buying RRC stock.

What is Range Resources Corporation's P/E ratio?

Range Resources Corporation's current P/E ratio is 14.1x. The historical average is 31.6x. This places it at the 47th percentile of its historical range.

What is Range Resources Corporation's EV/EBITDA?

Range Resources Corporation's current EV/EBITDA is 8.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.3x.

What is Range Resources Corporation's ROE?

Range Resources Corporation's return on equity (ROE) is 15.9%. The historical average is 1.4%.

Is RRC stock overvalued?

Based on historical data, Range Resources Corporation is trading at a P/E of 14.1x. This is at the 47th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Range Resources Corporation's dividend yield?

Range Resources Corporation's current dividend yield is 0.92% with a payout ratio of 13.0%.

What are Range Resources Corporation's profit margins?

Range Resources Corporation has 34.1% gross margin and 27.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Range Resources Corporation have?

Range Resources Corporation's Debt/EBITDA ratio is 1.1x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.