Antero Midstream Corporation
Antero Midstream Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 7.43% from fiscal 2024.
- Revenue
- +10.9%
- EPS
- +244.9%
- Free cash flow
- +232.6%
- Total debt
- +4.82%
Quarter to September 2026, against a year earlier
Follow AM
Alert me
Antero Midstream Corporation (AM) Gross margin
Antero Midstream Corporation's gross margin over the twelve months to 30 September 2026 was 76.9%, down 3.6 percentage points from fiscal 2025 (80.5%). Over the past ten years it has ranged from 75.3% (fiscal 2019) to 100.0% (fiscal 2016); the current reading is higher than 56% of that period. That is above the Oil & Gas Midstream industry median of 54.9% and above the Energy sector median of 42.1%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 80.5% | 0.20 |
| FY2024 | 80.3% | 0.75 |
| FY2023 | 79.5% | (0.87) |
| FY2022 | 80.4% | (2.10) |
| FY2021 | 82.5% | 0.87 |
| FY2020 | 81.6% | 6.35 |
| FY2019 | 75.3% | (24.71) |
| FY2016 | 100.0% | 0.00 |
| FY2015 | 100.0% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 74.5% | 0.37 |
| Jun 2026 | 74.2% | (3.33) |
| Mar 2026 | 77.5% | (4.29) |
| Dec 2025 | 81.8% | 1.42 |
| 34 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VNOM Viper Energy Inc. compare | 100.0% |
| HESM Hess Midstream Partners LP compare | 100.0% |
| DTM DT Midstream, Inc. compare | 100.0% |
| WES Western Midstream Partners, LP compare | 91.0% |
| AM Antero Midstream Corporation | 76.9% |
| FRO Frontline PLC compare | 66.7% |
| SOBO South Bow Corporation compare | 49.5% |
| KNTK Kinetik Holdings Inc. compare | 41.0% |
| INSW International Seaways Inc. compare | 0.00% |
| Oil & Gas Midstream industry median | 54.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement