Antero Midstream Corporation (AM)
NYSE: AM · Real-Time Price · USD
22.15
-0.40 (-1.77%)
Aug 17, 2026, 4:00 PM EDT - Market closed

Antero Midstream Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,3131,2591,1771,112990.66968.87
Revenue Growth
7.19%6.99%5.79%12.29%2.25%-0.26%
Gross Profit
1,0451,027958.89899.28810.4811.75
Operating Income
735.79732.28659.5612.01540.92564
Net Income
399.14412.61400.34371.24325.69331.07
Earnings Per Share
0.830.860.830.770.680.69
EPS Growth
-12.63%3.61%7.79%13.23%-1.45%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gathering and Processing
844.53805.28888.98805.28706.18712.65
Water Handling
242.09236.5217.22236.5213.81185.55
Revenue (Total)
1,2331,1881,1061,042919.99898.2

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
0180.4400.0700
Total Debt
3,6103,2233,1173,2133,3613,123
Net Cash (Debt)
-3,610-3,042-3,117-3,213-3,361-3,123
Net Cash Growth
------
Net Cash Per Share
-7.53-6.31-6.42-6.66-7.00-6.51

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
961.21932.46843.99779.06699.6709.75
Capital Expenditures
-185.64-162.26-242.34-184-515.65-232.83
Free Cash Flow
775.57770.21601.66595.06183.95476.93
Free Cash Flow Growth
7.53%28.02%1.11%223.48%-61.43%-14.32%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
79.64%81.58%81.48%80.84%81.81%83.78%
Operating Margin
56.05%58.16%56.04%55.02%54.60%58.21%
Pretax Margin
41.84%44.81%46.62%44.95%44.79%46.32%
Profit Margin
30.41%32.77%34.02%33.37%32.88%34.17%
FCF Margin
59.09%61.17%51.12%53.49%18.57%49.23%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.9000.9000.9000.9000.9000.900
Dividend Per Share Growth
0%0%0%0%0%-26.83%
Dividend Yield
4.06%5.23%6.50%8.35%10.50%12.81%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
26.7120.5418.1416.1915.8513.96
Forward PE
16.7215.4815.9614.0814.4811.48
P/FCF Ratio
13.5611.0012.0710.1028.079.69
PS Ratio
8.016.736.175.405.214.77