Range Resources Corporation (RRC) financials
NYSE · Energy · Oil & Gas Exploration & Production · 564 employees · CEO Dennis L. Degner
- Price
- $54.63 +1.37%
- Market cap
- $12.8B
- Enterprise value
- $13.7B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-23 EPS est. $1.05
Revenue (TTM)$3.5B+21.9% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)35.1%+8.5 pp vs a year agoOperating income $1.23B
Net income (TTM)$891M+55.3% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$735M-25.2% vs a year agoCapex $685M
Diluted EPS (TTM)$3.77+58.4% vs a year agoSum of the last 4 quarters
Net cash-$918M+33.1% vs a year agoCash + short-term investments - debt
Valuation & key figures
- Market cap
- $12.8B EV $13.7B
- Revenue
- $3.5B Trailing 12 months
- Revenue growth
- +17% FY2026 consensus
- Profit margin
- 25.5% Net income / revenue, TTM
- P/E
- 14.5× Forward 13.3× (FY2026)
- P/S
- 3.6× Price / sales, TTM
- EV / EBITDA
- 8.9× TTM
- Free cash flow
- $735M Trailing 12 months
- Net income
- $891M Trailing 12 months
- Revenue estimate
- $3.51B FY2026 consensus
- Earnings
- 2027-02-23 Revenue est. $914M
- Dividend
- $0.39 Per share, last 12 months
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Last report (2026-10-27): revenue beat by 6.0%, EPS beat by 8.0%Revenue $843M vs $795M expected (+6.0%); EPS $0.81 vs $0.75 (+8.0%).
- Revenue growth accelerating: 28.6% year on yearQ3 '26 revenue $843M, against an average of 18.7% over the four quarters before.
- Operating margin 35.1% (TTM), +8.5 pp on a year agoOperating income grew 60.8% while revenue grew 21.9%.
- Capex 19.6% of revenue (a year ago 5.2%)$685M invested in the last 4 quarters (+358.1% on a year earlier). Free cash flow $735M = 82.4% of net income.
- Returned $252M to shareholders = 34.2% of free cash flowBuybacks $159M (a year earlier $198M), dividends $92.1M, stock-based pay $60.3M (TTM).
- Diluted share count down 1.7% in a year235M diluted shares in Q3 '26, 239M a year earlier.
- Net debt $918MCash + short-term investments $12K, debt incl. leases $918M; a year ago net debt $1.37B.
Last quarter: Q3 '26
Quarter ended 2026-09-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q3 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $843M | $656M | +28.6% |
| Gross margin | 54.8% | 25.4% | +29.4 pp |
| Operating income | $239M | $119M | +100.4% |
| Operating margin | 28.3% | 18.2% | +10.2 pp |
| Net income | $175M | $144M | +21.5% |
| Diluted EPS | $0.75 | $0.60 | +25.0% |
| Operating cash flow | $308M | $248M | +24.3% |
| Capex | $183M | -$317M | +157.7% |
| Free cash flow | $125M | $564M | -77.9% |
| R&D | $0 | $0 | – |
| Stock-based compensation | $11.6M | $21.3M | -45.5% |
Reported vs consensus
2026-10-27| Actual | Consensus | vs consensus | |
|---|---|---|---|
| Revenue | $843M | $795M | +6.0% |
| EPS (as estimated) | $0.81 | $0.75 | +8.0% |
From the report of 2026-10-27 for Q3 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyRevenue by business line
stacked, quarterly| Segment | Q3 '26 | y/y | Share | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| Natural Gas Natural Gas Liquids And Oil Sales | $738M | +20.7% | 100.0% | $3.86B | – |
Margins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Operating cash flow
- $1.42B
- Capex
- -$685M
- Buybacks
- -$159M
- Dividends
- -$92.1M
- Acquisitions
- $26K
- Net debt issued
- -$439M
- Stock-based compensation
- $60.3M
- Free cash flow
- $735M
- Returned to shareholders / FCF
- 34.2%
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | 14.5× | 14.0× | 5.2× – 32.7× |
| EV / EBITDA | 8.9× | 7.7× | 4.1× – 14.0× |
| EV / Sales | 3.9× | 2.9× | 1.5× – 4.3× |
| Price / FCF | 17.4× | 15.4× | 4.4× – 27.4× |
| Price / Book | 2.6× | 2.0× | 1.9× – 2.2× |
| FCF yield | 5.8% | 9.5% | 3.6% – 22.9% |
| Return on invested capital | 13.6% | 16.5% | 5.2% – 39.7% |
| Return on equity | 19.3% | 21.2% | 6.8% – 41.1% |
Analysts
Consensus target $47.60 (-12.9%)
range $37.00 – $67.00 · rating Hold
Strong buy0
Buy24
Hold37
Sell1
Strong sell0
Outlook
Analyst consensus for the coming fiscal years and what it implies at today's price.
Consensus estimates
| Fiscal year | Revenue | Growth | EPS | Growth | P/E at today's price | Analysts (EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $3.51B | +17.4% | $4.11 | +50.0% | 13.3× | 10 |
| FY2027 | $3.64B | +3.7% | $4.18 | +1.7% | 13.1× | 13 |
| FY2028 | $3.91B | +7.3% | $4.98 | +19.2% | 11.0× | 5 |
| FY2029 | $4.16B | +6.4% | $6.74 | +35.2% | 8.1× | 1 |
| FY2030 | $3.53B | -15.1% | $5.69 | -15.5% | 9.6× | 1 |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 234 figures Range Resources Corporation tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| $1.5B2026-03-31 | – | – | – | – | – | |
| Accounts Payable, Current | $145M | $140M | +3.8% | $164M | $133M | +23.5% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $302M | $239M | +26.4% | $359M | $302M | +18.7% |
| Accounts Receivable, Allowance for Credit Loss, Current | $248K | $250K | -0.8% | $248K | $255K | -2.7% |
| Accounts Receivable, Credit Loss Expense (Reversal) | – | – | – | $0 | $50K | -100.0% |
| Accrued Liabilities, Current | $336M | $294M | +14.4% | $322M | $289M | +11.4% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $59.9M2025-12-31 | $70.3M | -14.8% | $59.9M | $70.3M | -14.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $389K | $568K | -31.5% | $424K | $611K | -30.6% |
| Additional Paid in Capital, Common Stock | $5.99B | $5.96B | +0.5% | $5.97B | $5.93B | +0.7% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 02026-06-30 | – | – | 854K2012-12-31 | 795K | +7.4% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $11.6M | $11M | +6.0% | $45.8M | $42.1M | +8.9% |
| Asset Retirement Obligation | $157M | $142M | +10.7% | $149M | $134M | +11.4% |
| Asset Retirement Obligation, Accretion Expense | $2.16M | $1.99M | +8.2% | $7.68M | $7.15M | +7.5% |
| Asset Retirement Obligation, Current | $1.17M | $1.19M | -1.3% | $1.17M | $1.19M | -1.3% |
| Asset Retirement Obligation, Liabilities Incurred | $630K | $681K | -7.5% | $3.78M | $3.87M | -2.4% |
| Asset Retirement Obligation, Liabilities Settled | $439K | $376K | +16.8% | $865K | $4.66M | -81.4% |
| Asset Retirement Obligation, Revision of Estimate | $0 | $0 | – | $4.59M | $9.97M | -54.0% |
| Asset Retirement Obligations, Noncurrent | $156M | $141M | +10.8% | $148M | $133M | +11.5% |
| Assets | $7.64B | $7.2B | +6.2% | $7.42B | $7.35B | +1.0% |
| Assets, Current | $466M | $335M | +39.3% | $444M | $721M | -38.4% |
| Capital Units, Authorized | 485M2025-12-31 | 485M | 0.0% | 485M | 485M | 0.0% |
| Capitalized Exploratory Well Cost, Additions Pending Determination of Proved Reserves | $5K | $3.81M | -99.9% | $6.72M | $12.6M | -46.5% |
| Capitalized Exploratory Well Cost, Charged to Expense | $0 | $0 | – | $0 | $0 | – |
| Capitalized Exploratory Well Costs | $6.85M | $17.2M | -60.1% | $19.3M | $12.6M | +53.5% |
| Capitalized Exploratory Well Costs that Have Been Capitalized for Period Greater than One Year | $6.85M | $17.2M | -60.1% | $19.3M | $0 | – |
| Capitalized Exploratory Well Costs that Have Been Capitalized for Period of One Year or Less | $0 | $0 | – | $0 | $12.6M | -100.0% |
| Cash and Cash Equivalents, at Carrying Value | $12K | $175K | -93.1% | $204K | $304M | -99.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $12K | $175K | -93.1% | $204K | $304M | -99.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$235K | $41K | -673.2% | -$304M | $92.5M | -428.9% |
| Changes in Estimated Future Development Costs | – | – | – | -$134M | -$167M | +19.7% |
| Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves | – | – | – | -$1.17B | $325M | -459.4% |
| Common Stock, Dividends, Per Share, Cash Paid | $0.10 | $0.09 | +11.1% | $0.36 | $0.32 | +12.5% |
| Common Stock, Dividends, Per Share, Declared | $0.10 | $0.09 | +11.1% | $0.082017-12-31 | $0.08 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 475M | 475M | 0.0% | 475M | 475M | 0.0% |
| Common Stock, Shares, Issued | 270M | 269M | +0.4% | 269M | 267M | +0.4% |
| Common Stock, Shares, Outstanding | 235M2025-12-31 | 241M | -2.2% | 235M | 241M | -2.2% |
| Common Stock, Value, Issued | $2.7M | $2.69M | +0.4% | $2.69M | $2.67M | +0.4% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $175M | $144M | +21.5% | $658M | $266M | +147.0% |
| Cost of Goods and Services Sold | $48.2M | $48.9M | -1.4% | $186M | $141M | +32.0% |
| Costs and Expenses | $619M | $565M | +9.5% | $2.28B | $2.17B | +5.4% |
| Costs Incurred, Acquisition of Oil and Gas Properties | $4.59M | $15.5M | -70.3% | $51.8M | $57.9M | -10.5% |
| Costs Incurred, Development Costs | $163M | $165M | -1.4% | $601M | $577M | +4.2% |
| Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities | $174M | $196M | -11.3% | $707M | $693M | +2.1% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.87M | $3.33M | +16.3% |
| Current Income Tax Expense (Benefit) | $2.78M | -$1.02M | +371.5% | $9.39M | $8.17M | +15.1% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $5.52M | $4.84M | +14.2% |
| Decrease Due to Sales of Minerals in Place | – | – | – | $0 | $5.27M | -100.0% |
| Deferred Compensation Arrangement with Individual, Compensation Expense | -$52K | -$765K | +93.2% | $1.42M | $9.59M | -85.2% |
| Deferred Compensation Liability, Classified, Noncurrent | $70.8M | $67.3M | +5.2% | $68.6M | $65.2M | +5.2% |
| Deferred Compensation Liability, Current | $5.06M | $5.9M | -14.2% | $5.78M | $21.6M | -73.3% |
| Deferred Costs | – | – | – | $5M2024-12-31 | $7.3M | -31.5% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $158M | -$7.31M | +2,259.4% |
| Deferred Income Tax Expense (Benefit) | $45.9M | $40.1M | +14.7% | $164M | -$23.9M | +787.3% |
| Deferred Income Tax Liabilities, Net | $884M | $650M | +35.9% | $702M | $541M | +29.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $6.42M | -$16.6M | +138.7% |
| Deferred Tax Asset, Interest Carryforward | $10.8M2025-12-31 | $10.8M | 0.0% | $10.8M | $10.8M | 0.0% |
| Deferred Tax Assets, Gross | – | – | – | $4M2024-12-31 | – | – |
| Deferred Tax Assets, Net | $702M2025-12-31 | $537M | +30.6% | $702M | $537M | +30.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $451M2025-12-31 | $514M | -12.3% | $451M | $514M | -12.3% |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02