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Side-by-side financial comparison of ANTERO RESOURCES Corp (AR) and Boot Barn Holdings, Inc. (BOOT). Click either name above to swap in a different company.

ANTERO RESOURCES Corp is the larger business by last-quarter revenue ($1.4B vs $705.6M, roughly 1.9× Boot Barn Holdings, Inc.). On growth, Boot Barn Holdings, Inc. posted the faster year-over-year revenue change (16.0% vs -30.5%). ANTERO RESOURCES Corp produced more free cash flow last quarter ($235.6M vs $148.0M). Over the past eight quarters, Boot Barn Holdings, Inc.'s revenue compounded faster (34.8% CAGR vs 17.6%).

Antero Resources Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado. The company's reserves are entirely in the Appalachian Basin and are extracted using hydraulic fracturing.

Henry Boot plc is a British property development business based in Sheffield, England. It was floated on the London Stock Exchange in 1919, becoming the first quoted housebuilder. Between the wars, Henry Boot built more houses than any other company. The company remains a significant construction and property management company operating in the UK.

AR vs BOOT — Head-to-Head

Bigger by revenue
AR
AR
1.9× larger
AR
$1.4B
$705.6M
BOOT
Growing faster (revenue YoY)
BOOT
BOOT
+46.5% gap
BOOT
16.0%
-30.5%
AR
More free cash flow
AR
AR
$87.7M more FCF
AR
$235.6M
$148.0M
BOOT
Faster 2-yr revenue CAGR
BOOT
BOOT
Annualised
BOOT
34.8%
17.6%
AR

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
AR
AR
BOOT
BOOT
Revenue
$1.4B
$705.6M
Net Profit
$85.8M
Gross Margin
39.9%
Operating Margin
20.1%
16.3%
Net Margin
12.2%
Revenue YoY
-30.5%
16.0%
Net Profit YoY
14.3%
EPS (diluted)
$0.66
$2.79

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AR
AR
BOOT
BOOT
Q1 26
$1.4B
Q4 25
$1.4B
$705.6M
Q3 25
$1.2B
$505.4M
Q2 25
$1.3B
$504.1M
Q1 25
$1.4B
$453.7M
Q4 24
$1.2B
$608.2M
Q3 24
$1.1B
$425.8M
Q2 24
$978.7M
$423.4M
Net Profit
AR
AR
BOOT
BOOT
Q1 26
Q4 25
$202.9M
$85.8M
Q3 25
$85.6M
$42.2M
Q2 25
$166.6M
$53.4M
Q1 25
$219.5M
$37.5M
Q4 24
$158.8M
$75.1M
Q3 24
$-25.2M
$29.4M
Q2 24
$-74.6M
$38.9M
Gross Margin
AR
AR
BOOT
BOOT
Q1 26
Q4 25
39.9%
Q3 25
36.4%
Q2 25
39.1%
Q1 25
37.1%
Q4 24
39.3%
Q3 24
35.9%
Q2 24
37.0%
Operating Margin
AR
AR
BOOT
BOOT
Q1 26
20.1%
Q4 25
20.5%
16.3%
Q3 25
9.7%
11.2%
Q2 25
15.8%
14.0%
Q1 25
20.1%
11.0%
Q4 24
4.9%
16.4%
Q3 24
-2.4%
9.4%
Q2 24
-8.2%
11.9%
Net Margin
AR
AR
BOOT
BOOT
Q1 26
Q4 25
14.4%
12.2%
Q3 25
7.1%
8.4%
Q2 25
12.8%
10.6%
Q1 25
16.2%
8.3%
Q4 24
13.6%
12.3%
Q3 24
-2.4%
6.9%
Q2 24
-7.6%
9.2%
EPS (diluted)
AR
AR
BOOT
BOOT
Q1 26
$0.66
Q4 25
$0.63
$2.79
Q3 25
$0.24
$1.37
Q2 25
$0.50
$1.74
Q1 25
$0.66
$1.24
Q4 24
$0.48
$2.43
Q3 24
$-0.11
$0.95
Q2 24
$-0.26
$1.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AR
AR
BOOT
BOOT
Cash + ST InvestmentsLiquidity on hand
$200.1M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$7.6B
$1.3B
Total Assets
$13.2B
$2.4B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AR
AR
BOOT
BOOT
Q1 26
Q4 25
$200.1M
Q3 25
$64.7M
Q2 25
$95.3M
Q1 25
$69.8M
Q4 24
$152.9M
Q3 24
$37.4M
Q2 24
$83.4M
Total Debt
AR
AR
BOOT
BOOT
Q1 26
$1.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
AR
AR
BOOT
BOOT
Q1 26
$7.6B
Q4 25
$7.6B
$1.3B
Q3 25
$7.3B
$1.2B
Q2 25
$7.3B
$1.2B
Q1 25
$7.2B
$1.1B
Q4 24
$7.0B
$1.1B
Q3 24
$7.0B
$1.0B
Q2 24
$7.0B
$981.8M
Total Assets
AR
AR
BOOT
BOOT
Q1 26
$13.2B
Q4 25
$13.2B
$2.4B
Q3 25
$12.9B
$2.3B
Q2 25
$12.8B
$2.1B
Q1 25
$13.0B
$2.0B
Q4 24
$13.0B
$2.0B
Q3 24
$13.2B
$1.9B
Q2 24
$13.4B
$1.8B
Debt / Equity
AR
AR
BOOT
BOOT
Q1 26
0.19×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AR
AR
BOOT
BOOT
Operating Cash FlowLast quarter
$457.7M
$209.7M
Free Cash FlowOCF − Capex
$235.6M
$148.0M
FCF MarginFCF / Revenue
17.4%
21.0%
Capex IntensityCapex / Revenue
8.7%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$89.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AR
AR
BOOT
BOOT
Q1 26
$457.7M
Q4 25
$370.7M
$209.7M
Q3 25
$310.1M
$25.7M
Q2 25
$492.4M
$73.8M
Q1 25
$457.7M
$-43.1M
Q4 24
$278.0M
$157.1M
Q3 24
$166.2M
$-7.8M
Q2 24
$143.5M
$41.3M
Free Cash Flow
AR
AR
BOOT
BOOT
Q1 26
$235.6M
Q4 25
$148.0M
Q3 25
$-17.5M
Q2 25
$42.4M
Q1 25
$-83.1M
Q4 24
$114.2M
Q3 24
$-46.1M
Q2 24
$14.2M
FCF Margin
AR
AR
BOOT
BOOT
Q1 26
17.4%
Q4 25
21.0%
Q3 25
-3.5%
Q2 25
8.4%
Q1 25
-18.3%
Q4 24
18.8%
Q3 24
-10.8%
Q2 24
3.4%
Capex Intensity
AR
AR
BOOT
BOOT
Q1 26
Q4 25
8.7%
Q3 25
8.6%
Q2 25
6.2%
Q1 25
8.8%
Q4 24
7.1%
Q3 24
9.0%
Q2 24
6.4%
Cash Conversion
AR
AR
BOOT
BOOT
Q1 26
Q4 25
1.83×
2.44×
Q3 25
3.62×
0.61×
Q2 25
2.96×
1.38×
Q1 25
2.09×
-1.15×
Q4 24
1.75×
2.09×
Q3 24
-0.26×
Q2 24
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AR
AR

Natural gas sales$780.0M58%
Natural gas liquids sales$561.4M42%
Oil sales$50.3M4%
Other revenue and income$818.0K0%

BOOT
BOOT

Segment breakdown not available.

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