Range Resources (RRC) financial statements
Range Resources reported revenue of $3.0B in fiscal 2025, up 11.7% a year over 9 years.
Net income was $658M and the operating margin 23.6%, against -72.9% in 2016.
The diluted share count rose 26% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Range Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $2.6B | $3.3B | $2.6B | $1.8B | $3.6B | $5.3B | $2.5B | $2.3B | $3.0B |
| Cost of revenue | $169M | $220M | $496M | $360M | $188M | $367M | $427M | $203M | $141M | $186M |
| Gross profit | $931M | $2.4B | $2.8B | $2.2B | $1.6B | $3.2B | $4.9B | $2.3B | $2.2B | $2.8B |
| Selling, general and admin | $185M | $233M | $210M | $181M | $158M | $168M | $168M | $165M | $172M | $178M |
| Operating income | -$802M | $82M | -$1.7B | -$2.4B | -$925M | $1.1B | $2.6B | $267M | $180M | $704M |
| Interest expense | $168M | $196M | $210M | $194M | $193M | $227M | $165M | $124M | $119M | $105M |
| Income tax | -$281M | -$251M | -$30M | -$500M | -$26M | -$10M | $230M | $229M | -$16M | $174M |
| Net income | -$521M | $333M | -$1.7B | -$1.7B | -$712M | $412M | $1.2B | $871M | $266M | $658M |
| EPS (diluted) | -$2.75 | $1.34 | -$7.10 | -$6.92 | -$2.95 | $1.61 | $4.69 | $3.57 | $1.09 | $2.74 |
| Diluted shares | 190M | 245M | 246M | 248M | 241M | 249M | 246M | 240M | 243M | 240M |
| Gross margin | 84.7% | 91.6% | 85.1% | 86.2% | 89.4% | 89.7% | 92.0% | 92.0% | 94.0% | 93.8% |
| Operating margin | -72.9% | 3.1% | -51.8% | -93.9% | -51.9% | 29.4% | 48.7% | 10.5% | 7.7% | 23.6% |
| Net margin | -47.4% | 12.8% | -52.4% | -66.0% | -40.0% | 11.5% | 22.2% | 34.3% | 11.3% | 22.0% |
Balance sheet
Fiscal years, from Range Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $314,000 | $448,000 | $545,000 | $546,000 | $458,000 | $214M | $207,000 | $212M | $304M | $204,000 |
| Receivables | $242M | $349M | $491M | $273M | $253M | $472M | $481M | $275M | $302M | $359M |
| Inventory | $27M | $21M | $23M | — | — | — | — | — | — | — |
| Total current assets | $282M | $429M | $602M | $428M | $290M | $737M | $540M | $870M | $721M | $444M |
| Property, plant and equipment | $17M | $15M | $10M | $5M | $4M | $3M | $2M | $2M | $2M | $5M |
| Goodwill | $1.7B | $1.6B | $0 | — | — | — | — | — | — | — |
| Total assets | $11.3B | $11.7B | $9.7B | $6.6B | $6.1B | $6.7B | $6.6B | $7.2B | $7.3B | $7.4B |
| Total current liabilities | $703M | $755M | $755M | $567M | $707M | $1.2B | $1.0B | $583M | $1.3B | $661M |
| Long-term debt | $4.1B | — | $3.9B | $3.2B | $3.0B | $2.7B | $1.8B | $1.8B | $1.1B | $1.2B |
| Total liabilities | $5.9B | $6.0B | $5.6B | $4.3B | $4.5B | $4.6B | $3.7B | $3.4B | $3.4B | $3.1B |
| Shareholders' equity | $5.4B | $5.8B | $4.1B | $2.3B | $1.6B | $2.1B | $2.9B | $3.8B | $3.9B | $4.3B |
| Net debt | $4.1B | -$448,000 | $3.9B | $3.2B | $3.1B | $2.7B | $1.8B | $1.6B | $1.4B | $1.2B |
Cash flow
Fiscal years, from Range Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $387M | $816M | $991M | $682M | $269M | $793M | $1.9B | $978M | $945M | $1.2B |
| Capital spending | $3M | $6M | $1M | — | — | — | — | — | — | — |
| Free cash flow | $384M | $811M | $989M | — | — | — | — | — | — | — |
| Stock-based compensation | $56M | $83M | — | — | — | — | — | — | — | — |
| Dividends paid | $17M | $20M | $20M | $20M | $0 | $0 | $39M | $77M | $77M | $86M |
| Free cash flow margin | 34.9% | 31.0% | 29.7% | — | — | — | — | — | — | — |
| Dividends per share | $0.09 | $0.08 | $0.08 | $0.08 | — | — | $0.16 | $0.32 | $0.32 | $0.36 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RRC.
Open RRC in InvestinglyQuestions
What was Range Resources's revenue in 2025?
$3.0B in fiscal 2025, from its 10-K filing.
From Range Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.