AR Financial Statements

Balance sheet, income statement, cash flow, and dividends for Antero Resources Corp (AR).


$10.91B Market Cap.

As of 02/12/2025 5:00 PM ET (MRY) • Disclaimer

AR Market Cap. (MRY)


AR Shares Outstanding (MRY)


AR Assets (MRY)


Total Assets

$13.01B

Total Liabilities

$5.79B

Total Investments

$231.05M

AR Income (MRY)


Revenue

$4.33B

Net Income

$57.23M

Operating Expense

$1.30B

AR Cash Flow (MRY)


CF Operations

$849.29M

CF Investing

-$714.15M

CF Financing

-$135.13M

AR Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

AR Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$13,010,050,000 (-4.47%)

$13,619,414,000 (-3.53%)

$14,118,039,000 (1.59%)

$13,896,528,000 (5.67%)

Assets Current

$507,546,000 (6.70%)

$475,692,000 (-39.60%)

$787,525,000 (14.78%)

$686,119,000 (19.50%)

Assets Non-Current

$12,502,504,000 (-4.88%)

$13,143,722,000 (-1.40%)

$13,330,514,000 (0.91%)

$13,210,409,000 (5.04%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$7,021,650,000 (0.58%)

$6,981,404,000 (3.36%)

$6,754,558,000 (17.32%)

$5,757,160,000 (-0.18%)

Property Plant & Equipment Net

$12,236,948,000 (-5.07%)

$12,890,522,000 (-1.47%)

$13,083,135,000 (1.05%)

$12,946,957,000 (5.60%)

Cash & Equivalents

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$60,712,000 (-30.86%)

$87,813,000 (-25.81%)

$118,365,000 (-24.11%)

$155,969,000 (-22.51%)

Total Investments

$231,048,000 (3.96%)

$222,255,000 (-4.27%)

$232,173,000 (-6.20%)

$247,525,000 (-39.26%)

Investments Current

$0 (0%)

$0 (0%)

$1,900,000 (150.99%)

$757,000 (-99.28%)

Investments Non-Current

$231,048,000 (3.96%)

$222,255,000 (-3.48%)

$230,273,000 (-6.68%)

$246,768,000 (-18.39%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$488,026,000 (10.06%)

$443,424,000 (-40.33%)

$743,173,000 (10.85%)

$670,440,000 (47.75%)

Trade & Non-Trade Payables

$489,211,000 (0.44%)

$487,059,000 (-22.25%)

$626,461,000 (14.75%)

$545,932,000 (85.25%)

Accumulated Retained Earnings (Deficit)

$1,109,166,000 (-2.00%)

$1,131,828,000 (23.85%)

$913,896,000 (248.03%)

-$617,377,000 (-43.42%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$693,341,000 (-16.89%)

$834,268,000 (9.79%)

$759,861,000 (138.86%)

$318,126,000 (-22.83%)

Total Debt

$4,033,461,000 (-10.49%)

$4,506,106,000 (-11.17%)

$5,073,011,000 (-19.32%)

$6,287,563,000 (9.41%)

Debt Current

$493,894,000 (-8.55%)

$540,060,000 (-17.47%)

$654,401,000 (-35.60%)

$1,016,198,000 (241.85%)

Debt Non-Current

$3,539,567,000 (-10.75%)

$3,966,046,000 (-10.24%)

$4,418,610,000 (-16.18%)

$5,271,365,000 (-3.27%)

Total Liabilities

$5,793,517,000 (-9.55%)

$6,405,312,000 (-9.80%)

$7,100,885,000 (-9.32%)

$7,830,436,000 (10.90%)

Liabilities Current

$1,445,927,000 (-0.42%)

$1,452,091,000 (-18.19%)

$1,774,909,000 (-14.18%)

$2,068,117,000 (110.38%)

Liabilities Non-Current

$4,347,590,000 (-12.23%)

$4,953,221,000 (-7.00%)

$5,325,976,000 (-7.57%)

$5,762,319,000 (-5.19%)

AR Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$4,325,596,000 (-7.61%)

$4,681,972,000 (-34.41%)

$7,138,436,000 (54.53%)

$4,619,432,000 (32.30%)

Cost of Revenue

$3,029,294,000 (3.76%)

$2,919,654,000 (-2.43%)

$2,992,381,000 (7.10%)

$2,793,877,000 (2.10%)

Selling General & Administrative Expense

$474,244,000 (-6.92%)

$509,481,000 (-27.65%)

$704,213,000 (-26.39%)

$956,704,000 (58.42%)

Research & Development Expense

$2,618,000 (-3.04%)

$2,700,000 (-63.56%)

$7,409,000 (12.84%)

$6,566,000 (506.28%)

Operating Expenses

$1,295,842,000 (-1.02%)

$1,309,188,000 (-16.73%)

$1,572,150,000 (-12.74%)

$1,801,695,000 (5.44%)

Interest Expense

$118,207,000 (0.29%)

$117,870,000 (-5.98%)

$125,372,000 (-31.06%)

$181,868,000 (-9.01%)

Income Tax Expense

-$118,185,000 (-255.52%)

$75,994,000 (-83.06%)

$448,692,000 (705.71%)

-$74,077,000 (81.36%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$93,697,000 (-72.59%)

$341,844,000 (-83.13%)

$2,025,972,000 (1414.64%)

-$154,109,000 (87.77%)

Net Income to Non-Controlling Interests

$36,471,000 (-63.13%)

$98,925,000 (-22.23%)

$127,201,000 (287.93%)

$32,790,000 (338.02%)

Net Income

$57,226,000 (-76.44%)

$242,919,000 (-87.21%)

$1,898,771,000 (1115.93%)

-$186,899,000 (85.26%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$57,226,000 (-76.44%)

$242,919,000 (-87.21%)

$1,898,771,000 (1115.93%)

-$186,899,000 (85.26%)

Weighted Average Shares

$309,489,000 (3.23%)

$299,793,000 (-2.41%)

$307,202,000 (-0.31%)

$308,146,000 (13.11%)

Weighted Average Shares Diluted

$313,414,000 (0.58%)

$311,597,000 (-5.35%)

$329,223,000 (6.84%)

$308,146,000 (13.11%)

Earning Before Interest & Taxes (EBIT)

$57,248,000 (-86.89%)

$436,783,000 (-82.34%)

$2,472,835,000 (3225.90%)

-$79,108,000 (94.60%)

Gross Profit

$1,296,302,000 (-26.44%)

$1,762,318,000 (-57.49%)

$4,146,055,000 (127.11%)

$1,825,555,000 (141.72%)

Operating Income

$460,000 (-99.90%)

$453,130,000 (-82.40%)

$2,573,905,000 (10687.53%)

$23,860,000 (102.50%)

AR Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$714,153,000 (37.40%)

-$1,140,767,000 (-20.89%)

-$943,612,000 (-32.76%)

-$710,784,000 (-34.09%)

Net Cash Flow from Financing

-$135,135,000 (-192.53%)

$146,046,000 (106.93%)

-$2,107,730,000 (-122.02%)

-$949,332,000 (-361.78%)

Net Cash Flow from Operations

$849,288,000 (-14.62%)

$994,721,000 (-67.40%)

$3,051,342,000 (83.80%)

$1,660,116,000 (125.67%)

Net Cash Flow / Change in Cash & Cash Equivalents

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$716,779,000 (36.67%)

-$1,131,863,000 (-19.90%)

-$943,971,000 (-31.85%)

-$715,936,000 (18.12%)

Issuance (Repayment) of Debt Securities

-$30,138,000 (-107.90%)

$381,421,000 (138.38%)

-$993,742,000 (-11.81%)

-$888,779,000 (-86.91%)

Issuance (Purchase) of Equity Shares

$0 (0%)

-$75,355,000 (91.38%)

-$873,744,000 (0%)

$0 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$66,462,000 (11.67%)

$59,519,000 (67.93%)

$35,443,000 (73.43%)

$20,437,000 (-12.35%)

Depreciation Amortization & Accretion

$765,827,000 (10.48%)

$693,210,000 (1.17%)

$685,227,000 (-8.13%)

$745,829,000 (-13.81%)

AR Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

30.00% (-20.21%)

37.60% (-35.28%)

58.10% (47.09%)

39.50% (82.87%)

Profit Margin

1.30% (-75.00%)

5.20% (-80.45%)

26.60% (765.00%)

-4.00% (88.98%)

EBITDA Margin

19.00% (-21.16%)

24.10% (-45.48%)

44.20% (206.94%)

14.40% (183.72%)

Return on Average Equity (ROAE)

0.80% (-77.14%)

3.50% (-88.75%)

31.10% (1014.71%)

-3.40% (83.81%)

Return on Average Assets (ROAA)

0.40% (-77.78%)

1.80% (-86.57%)

13.40% (1057.14%)

-1.40% (84.95%)

Return on Sales (ROS)

1.30% (-86.02%)

9.30% (-73.12%)

34.60% (2135.29%)

-1.70% (95.95%)

Return on Invested Capital (ROIC)

0.40% (-84.62%)

2.60% (-81.43%)

14.00% (2900.00%)

-0.50% (93.59%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

194.72 (595.44%)

28 (458.33%)

5.01 (117.48%)

-28.69 (-2347.87%)

Price to Sales Ratio (P/S)

2.51 (72.73%)

1.45 (8.85%)

1.33 (14.31%)

1.17 (174.59%)

Price to Book Ratio (P/B)

1.55 (59.12%)

0.98 (-29.12%)

1.38 (44.34%)

0.95 (275.59%)

Debt to Equity Ratio (D/E)

0.82 (-10.03%)

0.92 (-12.75%)

1.05 (-22.72%)

1.36 (11.11%)

Earnings Per Share (EPS)

0.18 (-77.78%)

0.81 (-86.89%)

6.18 (1113.11%)

-0.61 (86.88%)

Sales Per Share (SPS)

13.98 (-10.50%)

15.62 (-32.79%)

23.24 (55.01%)

14.99 (16.96%)

Free Cash Flow Per Share (FCFPS)

0.43 (193.65%)

-0.46 (-106.66%)

6.86 (123.89%)

3.06 (701.96%)

Book Value Per Share (BVPS)

22.69 (-2.57%)

23.29 (5.91%)

21.99 (17.68%)

18.68 (-11.75%)

Tangible Assets Book Value Per Share (TABVPS)

42.04 (-7.47%)

45.43 (-1.15%)

45.96 (1.91%)

45.1 (-6.58%)

Enterprise Value Over EBIT (EV/EBIT)

265 (919.23%)

26 (333.33%)

6 (103.77%)

-159 (-3080.00%)

Enterprise Value Over EBITDA (EV/EBITDA)

18.45 (80.39%)

10.23 (114.25%)

4.77 (-74.69%)

18.86 (250.10%)

Asset Turnover

0.33 (-4.69%)

0.34 (-32.48%)

0.51 (45.53%)

0.35 (36.08%)

Current Ratio

0.35 (7.01%)

0.33 (-26.13%)

0.44 (33.73%)

0.33 (-43.15%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$132,509,000 (196.62%)

-$137,142,000 (-106.51%)

$2,107,371,000 (123.20%)

$944,180,000 (780.65%)

Enterprise Value (EV)

$15,182,874,200 (31.39%)

$11,555,592,920 (-23.34%)

$15,074,757,462 (19.90%)

$12,573,028,860 (66.72%)

Earnings Before Tax (EBT)

-$60,959,000 (-119.11%)

$318,913,000 (-86.41%)

$2,347,463,000 (999.49%)

-$260,976,000 (84.33%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$823,075,000 (-27.16%)

$1,129,993,000 (-64.22%)

$3,158,062,000 (373.67%)

$666,721,000 (211.08%)

Invested Capital

$15,597,584,000 (-6.45%)

$16,673,429,000 (-4.26%)

$17,416,141,000 (-3.86%)

$18,115,974,000 (1.12%)

Working Capital

-$938,381,000 (3.89%)

-$976,399,000 (1.11%)

-$987,384,000 (28.55%)

-$1,381,998,000 (-237.97%)

Tangible Asset Value

$13,010,050,000 (-4.47%)

$13,619,414,000 (-3.53%)

$14,118,039,000 (1.59%)

$13,896,528,000 (5.67%)

Market Capitalization

$10,906,298,200 (60.00%)

$6,816,337,920 (-26.72%)

$9,301,228,462 (69.30%)

$5,493,774,860 (275.19%)

Average Equity

$7,009,368,750 (1.66%)

$6,895,185,750 (12.84%)

$6,110,857,000 (11.72%)

$5,469,904,250 (-9.46%)

Average Assets

$13,299,501,250 (-3.27%)

$13,748,481,750 (-2.75%)

$14,136,904,250 (6.26%)

$13,304,195,250 (-2.84%)

Invested Capital Average

$16,194,780,000 (-4.45%)

$16,949,211,250 (-4.32%)

$17,714,486,750 (1.50%)

$17,452,260,750 (-7.36%)

Shares

311,164,000 (3.53%)

300,544,000 (0.14%)

300,136,446 (-4.39%)

313,929,992 (16.85%)