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

ANTERO RESOURCES Corp is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× NCR Atleos Corp). ANTERO RESOURCES Corp runs the higher net margin — 14.4% vs 7.2%, a 7.2% gap on every dollar of revenue. On growth, ANTERO RESOURCES Corp posted the faster year-over-year revenue change (20.8% vs 4.0%). Over the past eight quarters, ANTERO RESOURCES Corp's revenue compounded faster (12.2% CAGR vs 4.9%).

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.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

AR vs NATL — Head-to-Head

Bigger by revenue
AR
AR
1.2× larger
AR
$1.4B
$1.2B
NATL
Growing faster (revenue YoY)
AR
AR
+16.8% gap
AR
20.8%
4.0%
NATL
Higher net margin
AR
AR
7.2% more per $
AR
14.4%
7.2%
NATL
Faster 2-yr revenue CAGR
AR
AR
Annualised
AR
12.2%
4.9%
NATL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AR
AR
NATL
NATL
Revenue
$1.4B
$1.2B
Net Profit
$202.9M
$83.0M
Gross Margin
Operating Margin
20.5%
13.5%
Net Margin
14.4%
7.2%
Revenue YoY
20.8%
4.0%
Net Profit YoY
27.8%
102.4%
EPS (diluted)
$0.63
$1.09

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
NATL
NATL
Q4 25
$1.4B
$1.2B
Q3 25
$1.2B
$1.1B
Q2 25
$1.3B
$1.1B
Q1 25
$1.4B
$979.0M
Q4 24
$1.2B
$1.1B
Q3 24
$1.1B
$1.1B
Q2 24
$978.7M
$1.1B
Q1 24
$1.1B
$1.0B
Net Profit
AR
AR
NATL
NATL
Q4 25
$202.9M
$83.0M
Q3 25
$85.6M
$26.0M
Q2 25
$166.6M
$39.0M
Q1 25
$219.5M
$14.0M
Q4 24
$158.8M
$41.0M
Q3 24
$-25.2M
$21.0M
Q2 24
$-74.6M
$27.0M
Q1 24
$34.7M
$-9.0M
Operating Margin
AR
AR
NATL
NATL
Q4 25
20.5%
13.5%
Q3 25
9.7%
9.8%
Q2 25
15.8%
10.8%
Q1 25
20.1%
9.5%
Q4 24
4.9%
13.4%
Q3 24
-2.4%
10.6%
Q2 24
-8.2%
9.8%
Q1 24
4.3%
6.5%
Net Margin
AR
AR
NATL
NATL
Q4 25
14.4%
7.2%
Q3 25
7.1%
2.3%
Q2 25
12.8%
3.5%
Q1 25
16.2%
1.4%
Q4 24
13.6%
3.7%
Q3 24
-2.4%
2.0%
Q2 24
-7.6%
2.5%
Q1 24
3.1%
-0.9%
EPS (diluted)
AR
AR
NATL
NATL
Q4 25
$0.63
$1.09
Q3 25
$0.24
$0.34
Q2 25
$0.50
$0.52
Q1 25
$0.66
$0.19
Q4 24
$0.48
$0.56
Q3 24
$-0.11
$0.28
Q2 24
$-0.26
$0.37
Q1 24
$0.07
$-0.13

Balance Sheet & Financial Strength

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

Metric
AR
AR
NATL
NATL
Cash + ST InvestmentsLiquidity on hand
$456.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$7.6B
$403.0M
Total Assets
$13.2B
$5.7B
Debt / EquityLower = less leverage
6.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AR
AR
NATL
NATL
Q4 25
$456.0M
Q3 25
$412.0M
Q2 25
$357.0M
Q1 25
$352.0M
Q4 24
$419.0M
Q3 24
$395.0M
Q2 24
$374.0M
Q1 24
$343.0M
Total Debt
AR
AR
NATL
NATL
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
Q4 24
$2.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AR
AR
NATL
NATL
Q4 25
$7.6B
$403.0M
Q3 25
$7.3B
$330.0M
Q2 25
$7.3B
$350.0M
Q1 25
$7.2B
$275.0M
Q4 24
$7.0B
$219.0M
Q3 24
$7.0B
$264.0M
Q2 24
$7.0B
$250.0M
Q1 24
$7.1B
$283.0M
Total Assets
AR
AR
NATL
NATL
Q4 25
$13.2B
$5.7B
Q3 25
$12.9B
$5.7B
Q2 25
$12.8B
$5.8B
Q1 25
$13.0B
$5.7B
Q4 24
$13.0B
$5.5B
Q3 24
$13.2B
$5.7B
Q2 24
$13.4B
$5.8B
Q1 24
$13.5B
$5.8B
Debt / Equity
AR
AR
NATL
NATL
Q4 25
6.63×
Q3 25
8.45×
Q2 25
8.05×
Q1 25
Q4 24
13.05×
Q3 24
Q2 24
Q1 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
NATL
NATL
Operating Cash FlowLast quarter
$370.7M
$231.0M
Free Cash FlowOCF − Capex
$194.0M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
1.83×
2.78×
TTM Free Cash FlowTrailing 4 quarters
$239.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AR
AR
NATL
NATL
Q4 25
$370.7M
$231.0M
Q3 25
$310.1M
$25.0M
Q2 25
$492.4M
$-23.0M
Q1 25
$457.7M
$123.0M
Q4 24
$278.0M
$80.0M
Q3 24
$166.2M
$107.0M
Q2 24
$143.5M
$9.0M
Q1 24
$261.6M
$148.0M
Free Cash Flow
AR
AR
NATL
NATL
Q4 25
$194.0M
Q3 25
$-5.0M
Q2 25
$-44.0M
Q1 25
$94.0M
Q4 24
$62.0M
Q3 24
$85.0M
Q2 24
$-14.0M
Q1 24
$124.0M
FCF Margin
AR
AR
NATL
NATL
Q4 25
16.8%
Q3 25
-0.4%
Q2 25
-4.0%
Q1 25
9.6%
Q4 24
5.6%
Q3 24
7.9%
Q2 24
-1.3%
Q1 24
11.9%
Capex Intensity
AR
AR
NATL
NATL
Q4 25
3.2%
Q3 25
2.7%
Q2 25
1.9%
Q1 25
3.0%
Q4 24
1.6%
Q3 24
2.1%
Q2 24
2.1%
Q1 24
2.3%
Cash Conversion
AR
AR
NATL
NATL
Q4 25
1.83×
2.78×
Q3 25
3.62×
0.96×
Q2 25
2.96×
-0.59×
Q1 25
2.09×
8.79×
Q4 24
1.75×
1.95×
Q3 24
5.10×
Q2 24
0.33×
Q1 24
7.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AR
AR

Natural Gas Production$773.6M55%
Natural Gas Liquids Sales C3Ngls$378.1M27%
Other$97.3M7%
Natural Gas Liquids Sales Ethane$96.1M7%
Oil And Condensate$34.8M2%
Marketings$31.7M2%

NATL
NATL

Services$848.0M74%
APJ$136.0M12%
Americas Excluding United States$135.0M12%
TT$44.0M4%

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