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Side-by-side financial comparison of ANTERO RESOURCES Corp (AR) and Healthpeak Properties (DOC). Click either name above to swap in a different company.

ANTERO RESOURCES Corp is the larger business by last-quarter revenue ($1.4B vs $719.4M, roughly 1.9× Healthpeak Properties). On growth, Healthpeak Properties posted the faster year-over-year revenue change (3.1% vs -30.5%). Healthpeak Properties produced more free cash flow last quarter ($357.0M vs $235.6M). Over the past eight quarters, ANTERO RESOURCES Corp's revenue compounded faster (17.6% CAGR vs 8.9%).

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.

Healthpeak Properties, Inc. is an American real estate investment trust that invests in real estate related to the healthcare industry including senior housing, life science, and medical offices. It was organized in 2007 in Maryland and headquartered in Denver, Colorado with offices in Irvine, Nashville and San Francisco. As of December 31, 2019, the company owned interests in 617 properties.

AR vs DOC — Head-to-Head

Bigger by revenue
AR
AR
1.9× larger
AR
$1.4B
$719.4M
DOC
Growing faster (revenue YoY)
DOC
DOC
+33.5% gap
DOC
3.1%
-30.5%
AR
More free cash flow
DOC
DOC
$121.4M more FCF
DOC
$357.0M
$235.6M
AR
Faster 2-yr revenue CAGR
AR
AR
Annualised
AR
17.6%
8.9%
DOC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AR
AR
DOC
DOC
Revenue
$1.4B
$719.4M
Net Profit
$114.0M
Gross Margin
Operating Margin
20.1%
17.4%
Net Margin
73.2%
Revenue YoY
-30.5%
3.1%
Net Profit YoY
2406.4%
EPS (diluted)
$0.66
$0.16

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
DOC
DOC
Q1 26
$1.4B
Q4 25
$1.4B
$719.4M
Q3 25
$1.2B
$705.9M
Q2 25
$1.3B
$694.3M
Q1 25
$1.4B
$702.9M
Q4 24
$1.2B
$698.0M
Q3 24
$1.1B
$700.4M
Q2 24
$978.7M
$695.5M
Net Profit
AR
AR
DOC
DOC
Q1 26
Q4 25
$202.9M
$114.0M
Q3 25
$85.6M
$-117.1M
Q2 25
$166.6M
$31.7M
Q1 25
$219.5M
$42.8M
Q4 24
$158.8M
$4.5M
Q3 24
$-25.2M
$85.9M
Q2 24
$-74.6M
$146.0M
Gross Margin
AR
AR
DOC
DOC
Q1 26
Q4 25
Q3 25
58.6%
Q2 25
60.2%
Q1 25
61.1%
Q4 24
60.3%
Q3 24
60.0%
Q2 24
60.6%
Operating Margin
AR
AR
DOC
DOC
Q1 26
20.1%
Q4 25
20.5%
17.4%
Q3 25
9.7%
9.2%
Q2 25
15.8%
5.7%
Q1 25
20.1%
7.7%
Q4 24
4.9%
-2.2%
Q3 24
-2.4%
14.1%
Q2 24
-8.2%
22.3%
Net Margin
AR
AR
DOC
DOC
Q1 26
Q4 25
14.4%
73.2%
Q3 25
7.1%
-16.6%
Q2 25
12.8%
4.6%
Q1 25
16.2%
6.1%
Q4 24
13.6%
0.7%
Q3 24
-2.4%
12.3%
Q2 24
-7.6%
21.0%
EPS (diluted)
AR
AR
DOC
DOC
Q1 26
$0.66
Q4 25
$0.63
$0.16
Q3 25
$0.24
$-0.17
Q2 25
$0.50
$0.05
Q1 25
$0.66
$0.06
Q4 24
$0.48
$0.02
Q3 24
$-0.11
$0.12
Q2 24
$-0.26
$0.21

Balance Sheet & Financial Strength

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

Metric
AR
AR
DOC
DOC
Cash + ST InvestmentsLiquidity on hand
$467.5M
Total DebtLower is stronger
$1.4B
$9.8B
Stockholders' EquityBook value
$7.6B
$7.5B
Total Assets
$13.2B
$20.3B
Debt / EquityLower = less leverage
0.19×
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AR
AR
DOC
DOC
Q1 26
Q4 25
$467.5M
Q3 25
$91.0M
Q2 25
$89.4M
Q1 25
$70.6M
Q4 24
$119.8M
Q3 24
$180.4M
Q2 24
$106.9M
Total Debt
AR
AR
DOC
DOC
Q1 26
$1.4B
Q4 25
$9.8B
Q3 25
$9.1B
Q2 25
$9.0B
Q1 25
$8.9B
Q4 24
$8.7B
Q3 24
$8.6B
Q2 24
$8.6B
Stockholders' Equity
AR
AR
DOC
DOC
Q1 26
$7.6B
Q4 25
$7.6B
$7.5B
Q3 25
$7.3B
$7.6B
Q2 25
$7.3B
$7.9B
Q1 25
$7.2B
$8.2B
Q4 24
$7.0B
$8.4B
Q3 24
$7.0B
$8.6B
Q2 24
$7.0B
$8.8B
Total Assets
AR
AR
DOC
DOC
Q1 26
$13.2B
Q4 25
$13.2B
$20.3B
Q3 25
$12.9B
$19.6B
Q2 25
$12.8B
$19.8B
Q1 25
$13.0B
$19.8B
Q4 24
$13.0B
$19.9B
Q3 24
$13.2B
$20.0B
Q2 24
$13.4B
$20.2B
Debt / Equity
AR
AR
DOC
DOC
Q1 26
0.19×
Q4 25
1.31×
Q3 25
1.20×
Q2 25
1.14×
Q1 25
1.08×
Q4 24
1.04×
Q3 24
1.00×
Q2 24
0.98×

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
DOC
DOC
Operating Cash FlowLast quarter
$457.7M
$1.3B
Free Cash FlowOCF − Capex
$235.6M
$357.0M
FCF MarginFCF / Revenue
17.4%
49.6%
Capex IntensityCapex / Revenue
124.4%
Cash ConversionOCF / Net Profit
10.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AR
AR
DOC
DOC
Q1 26
$457.7M
Q4 25
$370.7M
$1.3B
Q3 25
$310.1M
$315.0M
Q2 25
$492.4M
$363.5M
Q1 25
$457.7M
$279.4M
Q4 24
$278.0M
$1.1B
Q3 24
$166.2M
$318.2M
Q2 24
$143.5M
$316.2M
Free Cash Flow
AR
AR
DOC
DOC
Q1 26
$235.6M
Q4 25
$357.0M
Q3 25
Q2 25
Q1 25
Q4 24
$333.7M
Q3 24
Q2 24
FCF Margin
AR
AR
DOC
DOC
Q1 26
17.4%
Q4 25
49.6%
Q3 25
Q2 25
Q1 25
Q4 24
47.8%
Q3 24
Q2 24
Capex Intensity
AR
AR
DOC
DOC
Q1 26
Q4 25
124.4%
Q3 25
Q2 25
Q1 25
Q4 24
105.6%
Q3 24
Q2 24
Cash Conversion
AR
AR
DOC
DOC
Q1 26
Q4 25
1.83×
10.99×
Q3 25
3.62×
Q2 25
2.96×
11.48×
Q1 25
2.09×
6.52×
Q4 24
1.75×
235.43×
Q3 24
3.71×
Q2 24
2.17×

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%

DOC
DOC

Segment breakdown not available.

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