Antero Resources (FRA:7A6) ROE %: 27.59% (As of Mar. 2026)

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FRA:7A6 Antero Resources Corp FRA:7A6
74 GF Score
Price €30.22
GF Value €37.39
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Antero Resources ROE %?

Antero Resources FRA:7A6 +0.30% 74 ROE % is 27.59% as of Mar. 2026. GuruFocus rates FRA:7A6 with a GF Score™ of 74/100 and a GF Value™ of €37.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 955 Oil & Gas companies, Antero Resources ranks better than 71.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Antero Resources's annualized net income for the quarter that ended in Mar. 2026 was €1,852 Mil. Antero Resources's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €6,711 Mil. Therefore, Antero Resources's annualized ROE % for the quarter that ended in Mar. 2026 was 27.59%.

The historical rank and industry rank for Antero Resources's ROE % or its related term are showing as below:

FRA:7A6' s ROE % Range Over the Past 10 Years
Min: -19.91   Med: -1.21   Max: 29.92
Current: 12.83

During the past 13 years, Antero Resources's highest ROE % was 29.92%. The lowest was -19.91%. And the median was -1.21%.

FRA:7A6's ROE % is ranked better than
71.62% of 955 companies
in the Oil & Gas industry
Industry Median: 6.05 vs FRA:7A6: 12.83

Antero Resources  (FRA:7A6) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1851.848/6711.4695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1851.848 / 6444.76)*(6444.76 / 12294.4245)*(12294.4245 / 6711.4695)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.73 %*0.5242*1.8319
=ROA %*Equity Multiplier
=15.06 %*1.8319
=27.59 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1851.848/6711.4695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1851.848 / 2400.276) * (2400.276 / 2288.66) * (2288.66 / 6444.76) * (6444.76 / 12294.4245) * (12294.4245 / 6711.4695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7715 * 1.0488 * 35.51 % * 0.5242 * 1.8319
=27.59 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Antero Resources ROE % Related Terms


Antero Resources ROE % Historical Data

* Premium members only.

The historical data trend for Antero Resources's ROE % 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.

Antero Resources ROE % Chart

Antero Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.36 30.80 2.86 0.84 8.24

Antero Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.50 8.35 4.12 10.41 27.59

FRA:7A6 vs APA, RRC, OVV: ROE % Comparison

For the Oil & Gas E&P subindustry, Antero Resources's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Antero Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Antero Resources's ROE % falls into.


FRA:7A6
74GF Score
Antero Resources Corp FRA:7A6
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Antero Resources ROE % Calculation

Antero Resources's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=541.793/( (6705.676+6448.406)/ 2 )
=541.793/6577.041
=8.24 %

Antero Resources's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1851.848/( (6448.406+6974.533)/ 2 )
=1851.848/6711.4695
=27.59 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 27.59% mean?
Antero Resources (FRA:7A6) has a ROE % of 27.59% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Antero Resources and its competitors. According to the industry distribution chart, Antero Resources ranks #271 out of 955 companies in the Oil & Gas industry, placing it in the top 28.4%.
Is Antero Resources' ROE % too high?
Antero Resources' current ROE % is 27.59%. The Oil & Gas industry median ROE % is 6.05. Antero Resources' value of 27.59% is 356% above this industry median. Based on the distribution chart, Antero Resources ranks #271 out of 955 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Resources has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Antero Resources' ROE % compare to APA and RRC?
According to the Oil & Gas industry distribution chart, Antero Resources ranks #271 out of 955 companies for ROE %. This puts Antero Resources in the upper half of its industry. The industry median ROE % is 6.05. Antero Resources' value of 27.59% is 356% 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 6.05, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Resources's current ROE % of 27.59% is 356% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Antero Resources and its competitors. For the Oil & Gas industry, the median ROE % is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Resources's current ROE % is 27.59%. 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?
Based on GuruFocus' analysis, Antero Resources (FRA:7A6) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.39, compared to a current price of €30.22 — trading 19.2% below its estimated fair value. The current ROE % is 27.59% and 356% above the Oil & Gas industry median of 6.05. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Antero Resources (FRA:7A6), the current ROE % is 27.59% as of Mar. 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 (FRA:7A6) Overvalued in 2026?

Based on GuruFocus' analysis, Antero Resources stock appears to be undervalued. The current stock price of €30.22 is trading 19.2% below its estimated GF Value™ of €37.39. GuruFocus considers Antero Resources to be Modestly Undervalued.

Key valuation signals for FRA:7A6:

  • ROE %: 27.59%
  • GF Value™: €37.39 vs. price of €30.22 (19.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 356% above the Oil & Gas median (#271 of 955)

No single metric tells the full story. See the FRA:7A6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Antero Resources Business Description

Industry EnergyOil & Gas
Other Exchanges AR:USA0A71:UK7A6:Germany
Address 1615 Wynkoop Street, Denver, CO, USA, 80202
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 FRA:7A6

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€30.22
Price
€37.39
GF Value