Antero Resources vs Matador Resources
Antero Resources reported revenue of $5.3 billion in fiscal 2025, 1.4 times Matador Resources' $3.7 billion in fiscal 2025. Antero Resources' revenue grew 22.0% in its latest year, and Matador Resources' grew 5.5%. Antero Resources had an operating margin of 16.8%, against 33.2% at Matador Resources. Free cash flow was $1.6 billion at Antero Resources and $270 million at Matador Resources.
Side by side
| Antero Resources | Matador Resources | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $5.3B | $3.7B |
| Revenue growth | 22.0% | 5.5% |
| Revenue growth a year, last 5 years | 8.6% | 33.8% |
| Gross margin | — | — |
| Operating margin | 16.8% | 33.2% |
| Net margin | 12.8% | 20.5% |
| Free cash flow | $1.6B | $270M |
| Free cash flow margin | 30.8% | 7.3% |
| Return on capital | 7.6% | — |
| Net debt to EBITDA | 0.7x | — |
| Dividends and buybacks | $136M | $219M |
| Change in diluted share count | −0.3% | 0.4% |
| Last close | $41.54 | $60.09 |
| P/E at the last close | 11.9× | 10.3× |
| Insider trades, last 12 months | bought $166,750, sold $11.2 million | bought $3.5 million, sold $0 |
| Piotroski F-score | 8 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Antero ResourcesMatador Resources
Operating margin
Percent of revenue
Antero ResourcesMatador Resources
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Antero ResourcesMatador Resources
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Antero Resources and Matador Resources pages.