ANTERO RESOURCES Corp

Crude Petroleum & Natural Gas·DENVER, CO·FY end 12/31·CIK 1433270

CEO Pay Ratio

65:1

Michael N. Kennedy

CEO Total Comp

$6.7M

Michael N. Kennedy

Median Employee

$32,439

Revenue

$5.3B

FY 2025

Net Income

—

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

—

Insider Net (180d)

-$11.2M

0 buys / 8 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

4.90%

CEO comp equals 49.0‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$5.3B	$4.3B	$4.7B	$7.1B	$4.6B
Gross Profit	—	—	—	—	—	—
Operating Income	$883.6M	$460.0K	$453.1M	$2.6B	$23.9M
Net Income	—	—	—	—	—	—
Operating CF	$1.6B	$849.3M	$994.7M	$3.1B	$1.7B
Capex	—	—	—	$944.0M	$715.9M
Free Cash Flow	—	—	—	$2.1B	$944.2M
Buybacks	$136.4M	—	$75.4M	$873.7M	—
Dividends	—	—	—	—	—	—

Gross Margin	—	—	—	—	—	—
Operating Margin	16.7%	0.0%	9.7%	36.1%	0.5%
Net Margin	—	—	—	—	—	—
FCF Margin	—	—	—	29.5%	20.4%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	24.2%	482.6%	18.2%	18.1%	32.5%
Debt / Equity	0.19	0.21	0.22	0.18	0.37
Buybacks / FCF	—	—	—	41.5%	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Paul M. Rady(Chairman Emeritus, Former Chairman of the Board of Directors, Former Chief Executive Officer and President)	$734.3K	$10.1M	—	$1.4M	$15.3K	$12.2M
Michael N. Kennedy(Chief Executive Officer and President, Former Chief Financial Officer and Sr. Vice President—Finance)	$655.5K	$4.3M	—	$1.7M	$28.1K	$6.7M
Brendan E. Krueger(Chief Financial Officer, Senior Vice President—Finance, Treasurer)	$420.9K	$2.6M	—	$740.2K	$15.3K	$3.8M
Yvette K. Schultz(Chief Compliance Officer, Sr. Vice President—Legal, General Counsel and Corporate Secretary)	$407.9K	$2.6M	—	$740.2K	$28.1K	$3.8M