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Antero Midstream Corp

$21.25 ▼ -0.24 (-1.12%) at close

11 Visible periods

33 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

Antero Midstream Corp shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $10.2B

Dividend Yield —

Revenue Growth 7.4% ↗

Op. Margin 54.2% ↘

ROIC 9.1% →

FCF / Share None

Trailing P/E 24.7x

Price / Book 5.1x

FCF Yield —

Debt / Equity 1.63

info Valuation on last close. End-of-day price, Aug 7, 2026.

11-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.19B

↑ +7.4% —

Net Income Profit after all expenses

$413.16M

↑ +3.1% —

Operating Margin Operating profit as % of sales

54.2%

↓ -9.0% 98th

Long-Term Debt Long-term obligations

$3.22B

↑ +3.4% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)

Health Breakdown

Profitability ↓

Returns ↑

Financial Health ↑

Dividend History

Dividend / share · sourced from SEC filings

$0.23 Latest / share

+0.0% YoY

+0.0% 3-yr CAGR

FY 2015

FY 2016

FY 2017

FY 2018

FY 2019

FY 2020

$0.23

FY 2021

$0.23

FY 2022

$0.23

FY 2023

FY 2024

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Revenue Growth YoY (%)	7.4% Fair → Fair Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+49%)	6.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+24%)	13.2% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+165%)	2.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-51%)	-0.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-106%)	13.6% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+173%)	—	—	311.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+6129%)	1240.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+24710%)	—
EPS Growth YoY (%)	3.6% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	7.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	13.2% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-1.4% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	67.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—
Net Income Growth YoY (%)	3.1% Caution ↓ Caution Declining Year-over-year change in net income	7.8% Fair ↑ Fair Improving Year-over-year change in net income	14.0% Fair ↓ Fair Declining Year-over-year change in net income	-1.6% Weak Weak Year-over-year change in net income	N/M	65.5% Excellent ↓ Excellent Declining Year-over-year change in net income	N/M	1248.6% Excellent ↑ Excellent Improving Year-over-year change in net income	-49.1% Weak Weak Year-over-year change in net income	1143.4% Excellent Excellent Year-over-year change in net income	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	8.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	7.2% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.0% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	5.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	—	134.6% Excellent Excellent Compound annual revenue growth over 3 years	260.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	5.7% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	—	67.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	121.2% Excellent Excellent Compound annual revenue growth over 5 years	272.0% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—
EPS CAGR 3Y (%)	8.1% Fair Fair Compound annual EPS growth over 3 years	6.4% Fair Fair Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Operating Margin (%) (%)	54.2% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+262%)	59.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+297%)	58.7% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+292%)	58.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+291%)	61.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+312%)	-13.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-187%)	-50.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-435%)	—	41.0% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+173%)	—	—
Effective Tax Rate (%) (%)	26.8% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.9% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.7% Caution ↓ Caution Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.5% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	26.1% Caution ↓ Caution Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	31.2% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.4% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.7% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	91.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	39.8% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.2% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%
Profit Margin (%) (%)	34.8% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+335%)	36.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+353%)	35.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+346%)	35.5% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+343%)	36.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+362%)	-13.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-270%)	-44.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-660%)	—	7.1% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	57.3% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+616%)	61.8% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+672%)
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Return on Invested Capital (%)	9.1% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	9.2% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	8.5% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.1% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	7.6% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	-1.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-5.1% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—
Return on Capital (%) (%)	11.0% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	11.4% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	10.7% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	9.3% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	10.0% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	-2.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-91.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	96.1% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	21.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+75%)	19.0% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+58%)	17.3% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+44%)	14.9% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+24%)	14.5% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+21%)	-5.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	-11.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-194%)	—	—	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Debt to Equity (x)	1.63x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+227%)	1.47x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+195%)	1.49x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+199%)	1.53x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+207%)	1.37x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+173%)	1.28x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+156%)	0.92x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+84%)	—	—	—	—
Interest Coverage (x)	3.44x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	3.47x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.86x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.95x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	3.09x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-0.84x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-4.80x Weak Weak Operating income divided by interest expense Optimal: > 5x	-14617.00x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—
Net Debt (USD)	$3.04B	$3.12B	$3.21B	$3.36B	$3.12B	$3.09B	$2.89B	$-2.82M	—	—	—
Debt / EBITDA (x)	4.14x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.90x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.30x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.01x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.70x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-349.42x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-9.55x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—

📊 What does each share earn? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Revenue per Share (USD)	$2.49	$2.30	$2.17	$1.92	$1.88	$1.88	$1.79	—	—	—	—
Basic EPS, GAAP (USD)	$0.86	$0.83	$0.77	$0.68	$0.69	$-0.26	$-0.80	—	—	—	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	—	—	$0.23	$0.23	$0.23	—	—	—	—	—	—
Book Value per Share (USD)	$4.16	$4.41	$4.49	$4.58	$4.79	$5.07	$6.49	—	—	—	—
Tangible Book Value per Share (USD)	$4.16	$4.41	$4.49	$4.58	$4.79	$5.07	$5.31	—	—	—	—
Basic Weighted Avg Shares (shares)	477.91M	480.82M	479.38M	478.23M	477.27M	478.28M	442.64M	186.20M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Working Capital (USD)	$268.38M	$17.45M	$-5.29M	$-13.08M	$-30.20M	$-74.00K	$-133.53M	$-13.94M	$-8.16M	$2.73M	—
LT Debt (USD)	$3.22B	$3.12B	$3.21B	$3.36B	$3.12B	$3.09B	$2.89B	—	—	—	—
Total Equity (USD)	$1.97B	$2.12B	$2.15B	$2.19B	$2.29B	$2.42B	$3.14B	—	—	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗
Sales/Revenue/Turnover (USD)	$1.19B	$1.11B	$1.04B	$919.99M	$898.20M	$900.72M	$792.59M	—	$69.72M	$16.94M	$1.26M
Depreciation Expense (USD)	$134.31M	$140.00M	$136.06M	$131.76M	$108.79M	$108.79M	$95.53M	—	—	—	—
Net Income, GAAP (USD)	$413.16M	$400.89M	$371.79M	$326.24M	$331.62M	$-122.53M	$-355.11M	$66.61M	$4.94M	$9.71M	$781.00K
Operating Cash Flow (USD)	$932.46M	$843.99M	$779.06M	$699.60M	$709.75M	$753.38M	$622.39M	$83.53M	$28.08M	$9.54M	$295.00K

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 11 years · 42 quarters

Antero Midstream Corp

Analytical Summary

11-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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