Income Statement ARC RES OTC Markets

Stocks

ARXCY

US00208D5077

Oil & Gas Exploration and Production

Market Closed - OTC Markets 10:00:17 2026-09-04 EDT			5-day change	1st Jan Change
26.96 ^USD	+9.82%		-.--%	+34.80%

09-22	AlphaValue/Baader Europe Updates Estimates for Shell on Higher Gas Assumptions, ARC Resources Acquisition	MT
09-03	ARC Resources Ltd. Announces Redemption Of All Outstanding Senior Notes	CI

1233e40dd32e485c.L4u55v2DiGrGVme_HSRZe0U8ZMtshnv94_H4S_BlJ7o.YOTzs872pQDrGSzSeU5rEzFyDbwY8jC3kbOuEZMdVsx14ffVvLCwBagAXw

Published financial data: ARC RES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Revenues	5.11B	8.64B	5.66B	5.1B	6.08B
Other Revenues, Total	15.6M	-	-	-	-
Total Revenues	5.13B	8.64B	5.66B	5.1B	6.08B
Cost of Goods Sold, Total	1.86B	3.09B	2.32B	2.27B	2.59B
Gross Profit	3.27B	5.55B	3.33B	2.83B	3.49B
Selling General & Admin Expenses, Total	167M	213M	212M	248M	176M
Exploration / Drilling Costs, Total	-	-	-	-	-
Depreciation & Amortization - (IS)	1.06B	1.32B	1.41B	1.36B	1.55B
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	1.05B	1.01B	-341M	-259M	6.1M
Other Operating Expenses, Total	2.28B	2.54B	1.28B	1.35B	1.73B
Operating Income	993M	3.02B	2.06B	1.48B	1.76B
Interest Expense, Total	-126M	-97.2M	-92.3M	-120M	-134M
Interest And Investment Income	1.9M	20.1M	12.3M	20.2M	20.4M
Net Interest Expenses	-124M	-77.1M	-80M	-99.5M	-114M
Currency Exchange Gains (Loss)	11.3M	34.1M	-10.6M	-1.3M	-16.1M
EBT, Excl. Unusual Items	880M	2.97B	1.97B	1.38B	1.63B
Merger & Related Restructuring Charges	-22.1M	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	84.4M	80M	4M
Asset Writedown	138M	3.6M	7.3M	-5.5M	2.8M
EBT, Incl. Unusual Items	995M	2.98B	2.06B	1.46B	1.63B
Income Tax Expense	208M	676M	461M	331M	359M
Earnings From Continuing Operations	787M	2.3B	1.6B	1.12B	1.28B
Net Income to Company	787M	2.3B	1.6B	1.12B	1.28B
Net Income - (IS)	787M	2.3B	1.6B	1.12B	1.28B
Net Income to Common Incl Extra Items	787M	2.3B	1.6B	1.12B	1.28B
Net Income to Common Excl. Extra Items	787M	2.3B	1.6B	1.12B	1.28B
Per Share Items
Net EPS - Basic	1.26	3.48	2.62	1.89	2.19
Basic EPS - Continuing Operations	1.26	3.48	2.62	1.89	2.19
Basic Weighted Average Shares Outstanding	626M	661M	609M	595M	582M
Net EPS - Diluted	1.25	3.47	2.61	1.88	2.19
Diluted EPS - Continuing Operations	1.25	3.47	2.61	1.88	2.19
Diluted Weighted Average Shares Outstanding	627M	663M	611M	596M	583M
Normalized Basic EPS	0.88	2.81	2.02	1.45	1.75
Normalized Diluted EPS	0.88	2.8	2.01	1.45	1.75
Dividend Per Share	0.29	0.49	0.66	0.7	0.78
Payout Ratio	16.92	12.78	24.55	36.09	34.82
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	2.01B	4.25B	3.39B	2.74B	3.23B
EBITA	1.01B	3.03B	2.07B	1.49B	1.78B
EBIT	993M	3.02B	2.06B	1.48B	1.76B
EBITDAR	2.02B	4.28B	3.45B	2.77B	3.24B
Total Revenues (As Reported)	4.09B	7.66B	6.02B	5.39B	6.11B
Effective Tax Rate - (Ratio)	20.95	22.69	22.4	22.74	21.96
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	33.7M	288M	202M	200M	260M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	175M	387M	259M	130M	98.8M
Normalized Net Income	550M	1.86B	1.23B	863M	1.02B
Interest on Long-Term Debt	117M	86.2M	92.3M	120M	134M
Supplemental Operating Expense Items
General and Administrative Expenses	161M	211M	209M	248M	176M
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	17.8M	31.1M	54.1M	35.6M	4.4M
Imputed Operating Lease Interest Expense	10.8M	11.09M	20M	14.83M	1.5M
Imputed Operating Lease Depreciation	7M	20.01M	34.1M	20.77M	2.9M
Stock-Based Comp., COGS (Total)	5.1M	7.1M	5.1M	6.6M	2.7M
Stock-Based Comp., G&A Exp. (Total)	54.4M	85.4M	60.5M	84.8M	25.2M
Stock-Based Comp., Other (Total)	1.5M	100K	-	-	-
Total Stock-Based Compensation	61M	92.6M	65.6M	91.4M	27.9M

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Assets
Cash And Equivalents	-	57.1M	1.1M	-	7M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	-	57.1M	1.1M	-	7M
Accounts Receivable, Total	635M	835M	505M	609M	679M
Other Receivables	-	-	78M	81.7M	70M
Total Receivables	635M	835M	583M	691M	749M
Inventory	22.3M	6.7M	29.1M	12.4M	17.9M
Prepaid Expenses	35.6M	52.5M	103M	107M	137M
Other Current Assets, Total	37.3M	34.9M	178M	190M	136M
Total Current Assets	730M	986M	893M	1B	1.05B
Gross Property Plant And Equipment	15.47B	16.76B	18.62B	20.79B	24.64B
Accumulated Depreciation	-5.07B	-6.4B	-7.46B	-9.12B	-10.71B
Net Property Plant And Equipment	10.4B	10.36B	11.16B	11.67B	13.93B
Long-term Investments	2.5M	14.5M	19.7M	27.7M	30.2M
Goodwill	248M	248M	248M	248M	248M
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	13.3M	61.5M	154M	56.4M
Total Assets	11.38B	11.62B	12.38B	13.1B	15.31B
Liabilities
Accounts Payable, Total	710M	1.12B	698M	574M	683M
Accrued Expenses, Total	51.3M	70.3M	55.4M	60M	78M
Current Portion of Long-Term Debt	-	-	-	-	450M
Current Portion of Leases	109M	92.4M	85.2M	92.8M	112M
Other Current Liabilities	640M	432M	143M	154M	169M
Total Current Liabilities	1.51B	1.72B	982M	881M	1.49B
Long-Term Debt	1.71B	990M	1.15B	1.39B	2.43B
Long-Term Leases	760M	703M	975M	908M	922M
Deferred Tax Liability Non Current	574M	962M	1.22B	1.35B	1.45B
Other Non Current Liabilities	902M	600M	629M	624M	754M
Total Liabilities	5.45B	4.97B	4.96B	5.15B	7.05B
Common Stock, Total	7.22B	6.5B	6.27B	6.19B	5.99B
Additional Paid In Capital	46.3M	39.9M	36.1M	31.6M	28.4M
Retained Earnings	-1.34B	139M	1.14B	1.73B	2.25B
Comprehensive Income and Other	-2.5M	-23.1M	-17.9M	-6.2M	-2M
Total Common Equity	5.93B	6.65B	7.43B	7.95B	8.26B
Total Equity	5.93B	6.65B	7.43B	7.95B	8.26B
Total Liabilities And Equity	11.38B	11.62B	12.38B	13.1B	15.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	694M	621M	597M	590M	571M
ECS Total Common Shares Outstanding	694M	621M	597M	590M	571M
Book Value / Share	8.55	10.72	12.44	13.48	14.48
Tangible Book Value	5.68B	6.41B	7.18B	7.7B	8.02B
Tangible Book Value Per Share	8.19	10.32	12.03	13.06	14.05
Total Debt	2.57B	1.79B	2.21B	2.39B	3.91B
Net Debt	2.57B	1.73B	2.21B	2.39B	3.91B
Debt Equivalent Oper. Leases	142M	249M	433M	285M	35.2M
Account Code - Inventory Valuation	3	3	6	6	6
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	6M	12.7M	4.6M	6.9M	4.1M

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Net Income	787M	2.3B	1.6B	1.12B	1.28B
Depreciation & Amortization - CF	1.06B	1.32B	1.41B	1.36B	1.55B
Amortization of Goodwill and Intangible Assets - (CF)	13.6M	13.7M	18.3M	11.3M	20.8M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	1.08B	1.33B	1.42B	1.37B	1.57B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-	-2M	-84.4M	-80M	-4M
(Gain) Loss on Sale of Investments - (CF)	4M	6.7M	-7.3M	2.3M	-2.5M
Asset Writedown & Restructuring Costs	-138M	-3.6M	-	3.2M	-
Stock-Based Compensation (CF)	2.6M	1.2M	1.2M	1M	700K
Other Operating Activities, Total	682M	76.9M	-290M	53.1M	355M
Change in Other Net Operating Assets	-409M	121M	-245M	-124M	-98.9M
Cash from Operations	2.01B	3.83B	2.39B	2.35B	3.09B
Capital Expenditure	-1.05B	-1.43B	-1.84B	-1.83B	-1.89B
Sale of Property, Plant, and Equipment	79.7M	11.9M	118M	80M	4M
Cash Acquisitions	4.9M	-	-	-	-1.67B
Investment in Marketable and Equity Securities, Total	-2.5M	-12M	-5.4M	-6.8M	-3.5M
Other Investing Activities, Total	165M	15.7M	35.2M	-146M	26.1M
Cash from Investing	-808M	-1.41B	-1.69B	-1.91B	-3.54B
Long-Term Debt Issued, Total	7.63B	7.03B	4.25B	7.35B	7.6B
Total Debt Issued	7.63B	7.03B	4.25B	7.35B	7.6B
Long-Term Debt Repaid, Total	-8.37B	-7.83B	-4.16B	-7.2B	-6.2B
Total Debt Repaid	-8.37B	-7.83B	-4.16B	-7.2B	-6.2B
Issuance of Common Stock	13.9M	29.4M	16.6M	16.5M	10.4M
Repurchase of Common Stock	-341M	-1.29B	-469M	-202M	-514M
Common Dividends Paid	-133M	-294M	-392M	-406M	-444M
Common & Preferred Stock Dividends Paid	-133M	-294M	-392M	-406M	-444M
Other Financing Activities, Total	-	-	-	4.7M	4.9M
Cash from Financing	-1.2B	-2.36B	-760M	-444M	450M
Net Change in Cash	-400K	57.1M	-56M	-1.1M	7M
Supplemental Items
Cash Interest Paid	119M	82.8M	88.1M	117M	130M
Cash Income Tax Paid (Refund)	56.9M	-1.8M	510M	200M	183M
Levered Free Cash Flow	1.25B	1.84B	189M	261M	823M
Unlevered Free Cash Flow	1.33B	1.9B	247M	336M	907M
Change In Net Working Capital	-628M	-22.1M	690M	217M	-103M
Net Debt Issued / Repaid	-739M	-806M	85.1M	143M	1.39B

Fiscal Period: December	2021 (CAD)	2022 (CAD)	2023 (CAD)	2024 (CAD)	2025 (CAD)
Profitability
Return on Assets	7.6	16.4	10.71	7.27	7.73
Return on Total Capital	10.3	22.27	14.22	9.27	9.76
Return On Equity %	18.05	36.6	22.68	14.62	15.73
Return on Common Equity	18.05	36.6	22.68	14.62	15.73
Margin Analysis
Gross Profit Margin %	63.76	64.27	58.94	55.47	57.37
SG&A Margin	3.26	2.47	3.75	4.87	2.89
EBITDA Margin %	39.13	49.22	60.03	53.68	53.24
EBITA Margin %	19.63	35.08	36.68	29.27	29.26
EBIT Margin %	19.36	34.92	36.36	29.05	28.92
Income From Continuing Operations Margin %	15.34	26.64	28.23	22.05	20.99
Net Income Margin %	15.34	26.64	28.23	22.05	20.99
Net Avail. For Common Margin %	15.34	26.64	28.23	22.05	20.99
Normalized Net Income Margin	10.73	21.51	21.72	16.92	16.74
Levered Free Cash Flow Margin	24.44	21.32	3.34	5.12	13.54
Unlevered Free Cash Flow Margin	25.98	22.02	4.36	6.59	14.92
Asset Turnover
Asset Turnover	0.63	0.75	0.47	0.4	0.43
Fixed Assets Turnover	0.69	0.83	0.53	0.45	0.47
Receivables Turnover (Average Receivables)	13.27	11.76	8.42	9.15	9.43
Inventory Turnover (Average Inventory)	155.45	212.92	129.73	109.43	170.94
Short Term Liquidity
Current Ratio	0.48	0.57	0.91	1.14	0.7
Quick Ratio	0.42	0.52	0.6	0.78	0.51
Operating Cash Flow to Current Liabilities	1.33	2.23	2.44	2.67	2.07
Days Sales Outstanding (Average Receivables)	27.51	31.05	43.37	39.99	38.7
Days Outstanding Inventory (Average Inventory)	2.35	1.71	2.81	3.34	2.13
Average Days Payable Outstanding	79.36	108.77	141.56	103.3	88.41
Cash Conversion Cycle (Average Days)	-49.5	-76.01	-95.37	-59.96	-47.57
Long Term Solvency
Total Debt/Equity	43.43	26.83	29.74	30.05	47.34
Total Debt / Total Capital	30.28	21.16	22.92	23.11	32.13
LT Debt/Equity	41.59	25.44	28.59	28.89	40.54
Long-Term Debt / Total Capital	29	20.06	22.04	22.21	27.51
Total Liabilities / Total Assets	47.91	42.76	40.02	39.33	46.02
EBIT / Interest Expense	7.87	31.05	22.28	12.38	13.09
EBITDA / Interest Expense	16.41	44.74	37.71	23.81	24.78
(EBITDA - Capex) / Interest Expense	8.05	30.04	17.79	8.5	10.69
Total Debt / EBITDA	1.24	0.41	0.63	0.84	1.18
Net Debt / EBITDA	1.24	0.4	0.63	0.84	1.17
Total Debt / (EBITDA - Capex)	2.54	0.61	1.35	2.35	2.73
Net Debt / (EBITDA - Capex)	2.54	0.59	1.34	2.35	2.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	351.9	69.08	-34.56	-9.83	19.15
Gross Profit, 1 Yr. Growth %	375.74	70.72	-39.99	-15.14	23.25
EBITDA, 1 Yr. Growth %	254.32	114.49	-20.1	-19.37	16.97
EBITA, 1 Yr. Growth %	2.22K	206.01	-31.47	-28.05	19.05
EBIT, 1 Yr. Growth %	2.64K	208.86	-31.76	-27.96	18.61
Earnings From Cont. Operations, 1 Yr. Growth %	-243.75	192.69	-30.66	-29.59	13.43
Net Income, 1 Yr. Growth %	-243.75	192.69	-30.66	-29.59	13.43
Normalized Net Income, 1 Yr. Growth %	-19.22K	238.14	-34.02	-29.77	17.86
Diluted EPS Before Extra, 1 Yr. Growth %	-180.65	177.6	-24.78	-27.97	16.49
Accounts Receivable, 1 Yr. Growth %	368.14	31.58	-39.81	20.65	11.47
Inventory, 1 Yr. Growth %	1.29K	-69.96	334.33	-57.39	44.35
Net Property, Plant and Equip., 1 Yr. Growth %	128.88	-0.37	7.71	4.56	19.37
Total Assets, 1 Yr. Growth %	129.71	2.14	6.53	5.79	16.88
Tangible Book Value, 1 Yr. Growth %	123.38	12.78	12.09	7.25	4.1
Common Equity, 1 Yr. Growth %	112.41	12.25	11.64	7.01	3.97
Cash From Operations, 1 Yr. Growth %	206.01	91.04	-37.54	-1.91	31.72
Capital Expenditures, 1 Yr. Growth %	214.43	35.44	28.66	-0.29	3.14
Levered Free Cash Flow, 1 Yr. Growth %	396.13	48.19	-89.77	38.17	214.15
Unlevered Free Cash Flow, 1 Yr. Growth %	373.86	43.95	-87.02	36.19	169.26
Dividend Per Share, 1 Yr. Growth %	-4.67	71.33	34.69	6.06	11.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	104.79	176	5.19	-23.18	3.65
Gross Profit, 2 Yr. CAGR %	112.35	184.31	1.22	-28.64	2.27
EBITDA, 2 Yr. CAGR %	119.4	174.09	30.84	-19.74	-2.38
EBITA, 2 Yr. CAGR %	201.08	736.7	44.71	-29.78	-7.43
EBIT, 2 Yr. CAGR %	189.66	813.01	45.07	-29.89	-7.56
Earnings From Cont. Operations, 2 Yr. CAGR %	433.85	105.12	42.46	-30.13	-10.63
Net Income, 2 Yr. CAGR %	433.85	105.12	42.46	-30.13	-10.63
Normalized Net Income, 2 Yr. CAGR %	163.92	2.44K	49.48	-31.93	-9.02
Diluted EPS Before Extra, 2 Yr. CAGR %	295.28	49.62	44.5	-26.39	-8.4
Accounts Receivable, 2 Yr. CAGR %	134.34	148.19	-10.81	-14.78	15.97
Inventory, 2 Yr. CAGR %	-	104.63	14.23	36.04	-21.57
Net Property, Plant and Equip., 2 Yr. CAGR %	39.65	51.01	3.59	6.12	11.72
Total Assets, 2 Yr. CAGR %	40.34	53.18	4.31	6.16	11.19
Tangible Book Value, 2 Yr. CAGR %	33.39	58.73	12.44	9.64	5.66
Common Equity, 2 Yr. CAGR %	31.27	54.41	11.94	9.3	5.48
Cash From Operations, 2 Yr. CAGR %	77.23	141.79	9.24	-21.73	13.67
Capital Expenditures, 2 Yr. CAGR %	24.03	106.37	32.01	13.26	1.41
Levered Free Cash Flow, 2 Yr. CAGR %	241.51	170.09	-61	-62.4	108.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	315.23	160.22	-56.8	-57.96	91.69
Dividend Per Share, 2 Yr. CAGR %	-30.96	27.8	51.91	19.52	8.71
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	54.28	91.93	70.83	-0.08	-11.08
Gross Profit, 3 Yr. CAGR %	57.62	97.14	69.28	-4.56	-14.38
EBITDA, 3 Yr. CAGR %	32.43	116.91	81.67	11.34	-8.69
EBITA, 3 Yr. CAGR %	42.81	201.14	263.2	14.64	-16.26
EBIT, 3 Yr. CAGR %	43.74	194.37	284.4	14.88	-16.46
Earnings From Cont. Operations, 3 Yr. CAGR %	54.38	336.94	42.89	12.64	-17.88
Net Income, 3 Yr. CAGR %	54.38	336.94	42.89	12.64	-17.88
Normalized Net Income, 3 Yr. CAGR %	57.54	186.64	653.2	16.21	-18.26
Diluted EPS Before Extra, 3 Yr. CAGR %	27.72	251.36	18.97	14.57	-14.22
Accounts Receivable, 3 Yr. CAGR %	95.54	93.33	55	-1.36	-6.8
Inventory, 3 Yr. CAGR %	-	-	162.98	-17.77	38.76
Net Property, Plant and Equip., 3 Yr. CAGR %	27.09	24.78	34.92	3.91	10.37
Total Assets, 3 Yr. CAGR %	23.67	26.24	35.71	4.8	9.62
Tangible Book Value, 3 Yr. CAGR %	18.33	26.14	41.35	10.68	7.76
Common Equity, 3 Yr. CAGR %	17.27	24.6	38.59	10.27	7.49
Cash From Operations, 3 Yr. CAGR %	32.49	81.72	53.99	5.39	-6.9
Capital Expenditures, 3 Yr. CAGR %	15.75	27.73	76.3	20.22	9.78
Levered Free Cash Flow, 3 Yr. CAGR %	122.53	157.87	-9.2	-40.55	-23.64
Unlevered Free Cash Flow, 3 Yr. CAGR %	108.29	190.98	-4.25	-36.65	-21.88
Dividend Per Share, 3 Yr. CAGR %	-21.88	-6.53	30.06	34.77	16.76
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	39.38	48.21	32.29	33.06	39.88
Gross Profit, 5 Yr. CAGR %	40.83	50.6	31.9	31.3	38.38
EBITDA, 5 Yr. CAGR %	34.59	35.54	31.49	45.71	41.71
EBITA, 5 Yr. CAGR %	117.02	42.56	43.12	68.16	110.22
EBIT, 5 Yr. CAGR %	157.31	43.17	43.82	65.78	117.38
Earnings From Cont. Operations, 5 Yr. CAGR %	31.34	42.71	49.5	109.88	18.43
Net Income, 5 Yr. CAGR %	31.34	42.71	49.5	109.88	18.43
Normalized Net Income, 5 Yr. CAGR %	153.52	41.76	54.26	61.33	223.39
Diluted EPS Before Extra, 5 Yr. CAGR %	17.01	25.83	34.18	88.02	7.16
Accounts Receivable, 5 Yr. CAGR %	31.05	44.54	42.85	39.44	38.02
Inventory, 5 Yr. CAGR %	-	-	-	-	62.09
Net Property, Plant and Equip., 5 Yr. CAGR %	18.6	15.82	17.11	16.95	25.11
Total Assets, 5 Yr. CAGR %	13.69	13.31	15.53	17.79	25.31
Tangible Book Value, 5 Yr. CAGR %	11.9	13.37	15.94	19.26	25.82
Common Equity, 5 Yr. CAGR %	11.21	12.64	15.11	18.23	24.25
Cash From Operations, 5 Yr. CAGR %	26.04	41.62	22.65	29.74	36.38
Capital Expenditures, 5 Yr. CAGR %	10.91	8.98	22	21.73	41.31
Levered Free Cash Flow, 5 Yr. CAGR %	63.46	44	10.7	19.45	26.65
Unlevered Free Cash Flow, 5 Yr. CAGR %	77.4	47.86	10.86	34.19	26.4
Dividend Per Share, 5 Yr. CAGR %	-15.14	-3.97	1.92	3.13	21.06