Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Antero Resources's annualizedNet Income for the quarter that ended in Jun. 2026 was MXN19,449 Mil. Antero Resources's average total tangible assets for the quarter that ended in Jun. 2026 was MXN271,293 Mil. Therefore, Antero Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.17%.
The historical rank and industry rank for Antero Resources's Return-on-Tangible-Asset or its related term are showing as below:
MEX:AR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.95 Med: -0.48 Max: 13.36
Current: 7.14
During the past 13 years, Antero Resources's highest Return-on-Tangible-Asset was 13.36%. The lowest was -8.95%. And the median was -0.48%.
MEX:AR's Return-on-Tangible-Asset is ranked better than 77.7% of 1027
companies
in the Oil & Gas industry
Industry Median: 1.99
vs MEX:AR: 7.14
Antero Resources (MEX:AR) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Antero Resources Return-on-Tangible-Asset Related Terms
Antero Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Antero Resources's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:AR vs RRC, APA, SM: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Antero Resources's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Antero Resources Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Antero Resources's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.17% mean?
Antero Resources (MEX:AR) has a Return-on-Tangible-Asset of 7.17% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Antero Resources and its competitors. According to the industry distribution chart, Antero Resources ranks #229 out of 1027 companies in the Oil & Gas industry, placing it in the top 22.3%.
Is Antero Resources' Return-on-Tangible-Asset too high?
Antero Resources' current Return-on-Tangible-Asset is 7.17%. The Oil & Gas industry median Return-on-Tangible-Asset is 1.99. Antero Resources' value of 7.17% is 260.3% above this industry median. Based on the distribution chart, Antero Resources ranks #229 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Antero Resources has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Antero Resources' Return-on-Tangible-Asset compare to RRC and APA?
According to the Oil & Gas industry distribution chart, Antero Resources ranks #229 out of 1027 companies for Return-on-Tangible-Asset. This places Antero Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Antero Resources' value of 7.17% is 260.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.99, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Resources's current Return-on-Tangible-Asset of 7.17% is 260.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Antero Resources and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Resources's current Return-on-Tangible-Asset is 7.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antero Resources stock overvalued right now?
Antero Resources (MEX:AR) has a current Return-on-Tangible-Asset of 7.17%. The stock's GF Value™ is MXN827.96, compared to a current price of MXN667.00 — trading 19.4% below its estimated fair value. The current Return-on-Tangible-Asset is 7.17% and 260.3% above the Oil & Gas industry median of 1.99. Antero Resources' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Antero Resources (MEX:AR), the current Return-on-Tangible-Asset is 7.17% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Antero Resources (MEX:AR) Overvalued in 2026?
Based on GuruFocus' analysis, Antero Resources stock appears to be undervalued.
The current stock price of MXN667.00 is trading 19.4% below its estimated GF Value™ of MXN827.96.
Key valuation signals for MEX:AR:
Return-on-Tangible-Asset: 7.17%
GF Value™: MXN827.96 vs. price of MXN667.00 (19.4% below fair value)
Industry Position: 260.3% above the Oil & Gas median (#229 of 1027)
No single metric tells the full story. See the MEX:AR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Antero Resources is an exploration and production firm whose operations represent a pure play in the Marcellus Shale, located in northern West Virginia. The company started in 2002 as an E&P focused on the Barnett Shale (Fort Worth, Texas). Antero redefined itself in Appalachia's Marcellus Shale in 2005. In 2012, shortly before Antero's 2013 IPO, Antero Midstream Partners was formed to handle the company's rapidly growing gas volumes. In 2026, the firm narrowed its focus further by selling its Ohio Utica assets and using the proceeds to acquire additional Marcellus acreage from HG Energy. Just over half of its production and earning power is tied to natural gas, with the remainder mostly NGLs, where it holds a leading position, and some crude oil.
74GF Score
Get the complete analysis for MEX:AR
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:AR has been successfully added to your 
