Range ResourcesRRC -1.09%74 Altman Z2-Score is 2.33 as of Jun. 25, 2026, which is 468% above its 10-year median of 0.41. GuruFocus rates RRC with a GF Score™ of 74/100 and a GF Value™ of $44.67 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,012 Oil & Gas companies, Range Resources ranks better than 56.42% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Range Resources has a Altman Z2-Score of 2.33, indicating it is in Grey Zones. This implies that Range Resources is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for Range Resources's Altman Z2-Score or its related term are showing as below:
RRC'
s Altman Z2-Score Range Over the Past 10 Years
Min: -5.46 Med: 0.41 Max: 2.64
Current: 2.33
During the past 13 years, Range Resources's highest Altman Z2-Score was 2.64. The lowest was -5.46. And the median was 0.41.
Range Resources (NYSE:RRC) Altman Z2-Score Explanation
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
Altman Z2-Score does not apply to financial companies.
Range Resources Altman Z2-Score Related Terms
Range Resources Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Range Resources's Altman Z2-Score 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 Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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 Altman Z2-Score vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Range Resources's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Range Resources's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
Range Resources's Altman Z2-Score for today is calculated with this formula:
Z
=
6.56
*
X1
+
3.26
*
X2
+
6.72
*
X3
+
1.05
*
X4_2
=
6.56
*
-0.0409
+
3.26
*
-0.0799
+
6.72
*
0.1688
+
1.05
*
1.6422
=
2.33
* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
Range Resources (RRC) has a Altman Z2-Score of 2.33 as of Jun. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Range Resources and its competitors. This is 468% above median its historical median of 0.41. According to the industry distribution chart, Range Resources ranks #441 out of 1012 companies in the Oil & Gas industry, placing it in the top 43.6%.
Is Range Resources' Altman Z2-Score too high?
Range Resources' current Altman Z2-Score of 2.33 is 468% above median its 10-year median of 0.41. The Oil & Gas industry median Altman Z2-Score is 1.81. Range Resources' value of 2.33 is 29.1% above this industry median. Based on the distribution chart, Range Resources ranks #441 out of 1012 companies in the Oil & Gas industry, which is above the industry midpoint. 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' Altman Z2-Score compare to CHRD and SM?
According to the Oil & Gas industry distribution chart, Range Resources ranks #441 out of 1012 companies for Altman Z2-Score. This puts Range Resources in the upper half of its industry. The industry median Altman Z2-Score is 1.81. Range Resources' value of 2.33 is 29.1% above this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 1.81, Range Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for an Oil & Gas company?
The median Altman Z2-Score among Oil & Gas companies is 1.81, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Range Resources's current Altman Z2-Score of 2.33 is 29.1% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Range Resources and its competitors. For the Oil & Gas industry, the median Altman Z2-Score is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Range Resources's current Altman Z2-Score is 2.33, which is 468% above median its own 10-year median of 0.41. 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 Altman Z2-Score is 2.33, which is 468% above median its 10-year median of 0.41 and 29.1% above the Oil & Gas industry median of 1.81. 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 Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Range Resources (RRC), the current Altman Z2-Score is 2.33 as of Jun. 25, 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:
Altman Z2-Score: 2.33 (468% above median its 10-year median of 0.41)
GF Value™: $44.67 vs. price of $36.32 (18.7% below fair value)
Industry Position: 29.1% above the Oil & Gas median (#441 of 1012)
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
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