Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Range Resources's Revenue for the
three
months ended in Mar. 2026 was $1,067 Mil. Range Resources's Total Assets for the quarter that ended in Mar. 2026 was $7,413 Mil. Therefore, Range Resources's Asset Turnover for the quarter that ended in Mar. 2026 was 0.14.
Asset Turnover is linked to ROE % through Du Pont Formula. Range Resources's annualizedROE % for the quarter that ended in Mar. 2026 was 30.64%. It is also linked to ROA % through Du Pont Formula. Range Resources's annualizedROA % for the quarter that ended in Mar. 2026 was 18.43%.
Range Resources (NYSE:RRC) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Range Resources's annulizedROE % for the quarter that ended in Mar. 2026 is
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.
* 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.
** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.
It is also linked to ROA % through Du Pont Formula:
Range Resources's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
* 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
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.
Range Resources Asset Turnover Related Terms
Range Resources Asset Turnover Historical Data
* Premium members only.
The historical data trend for Range Resources's Asset Turnover 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.
For the Oil & Gas E&P subindustry, Range Resources's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.
Range Resources Asset Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Range Resources's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Range Resources's Asset Turnover 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.
Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.
Range Resources (RRC) has a Asset Turnover of 0.14 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Range Resources and its competitors.
Is Range Resources' Asset Turnover too high?
Range Resources' current Asset Turnover is 0.14. Overall, Range 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 Range Resources' Asset Turnover compare to CHRD and SM?
Range Resources' Asset Turnover of 0.14 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Range Resources and its competitors. Range Resources's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Range Resources stock overvalued right now?
Based on GuruFocus' analysis, Range Resources (RRC) is currently considered Modestly Undervalued. The stock's GF Value™ is $44.67, compared to a current price of $36.32 — trading 18.7% below its estimated fair value. The current Asset Turnover is 0.14. Range Resources' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Range Resources (RRC), the current Asset Turnover is 0.14 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 Range Resources (RRC) Overvalued in 2026?
Based on GuruFocus' analysis, Range Resources stock appears to be undervalued.
The current stock price of $36.32 is trading 18.7% below its estimated GF Value™ of $44.67.
GuruFocus considers Range Resources to be Modestly Undervalued.
Key valuation signals for RRC:
Asset Turnover: 0.14
GF Value™: $44.67 vs. price of $36.32 (18.7% below fair value)
No single metric tells the full story. See the RRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Range Resources is an exploration and production firm whose operations represent a pure play in the Marcellus shale, located in the Appalachian region of Southwest Pennsylvania. The company went public as Lomak Petroleum in 1980 and later reorganized as Range Resources in 1998. After an expensive 10-year venture with a multi-basin strategy, Range Resources found its identity as an Appalachian natural gas producer, offloading its Permian assets in 2013. Range quickly became a leading US gas producer after its merger with Memorial Resource Development in 2016. Following the merger, Range saw its operational unit costs rise to an uncompetitive level and subsequently sold the assets in 2020 to return to its roots as an Appalachian producer.
74GF Score
Get the complete analysis for RRC
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RRC has been successfully added to your 
