Antero Midstream AM
- Market cap
- $9.9B
- PE
- 24.8×
- 8y median 18.1×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 7.5×
- EV/EBIT
- 17.9×
- Revenue, 12 months
- $1.3B
- +7% on a year ago
- Net margin
- 30.4%
- Free cash flow yield
- n/m
- not a meaningful number
Antero Midstream trades at 24.8× trailing earnings, pricier than 83% of the last ten years. Revenue was $1.3B over the last twelve months, up 7% on a year earlier with a 30% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $281.5M+13% | $277.8M+7% | $296.7M+7% | $287.5M+4% | $287.5M+2% | $305.1M+10% | $308.8M+4% | $323.1M+12% | $312.5M+9% | $314.7M+3% | $335.4M+9% | $350M+8% | |
| Cost of revenue | $51.9M+11% | $50.8M+5% | $53.9M−7% | $56.4M+7% | $51.7M−0% | $55.9M+10% | $56.8M+5% | $63.1M+12% | $57.9M+12% | $54.1M−3% | $70.7M+24% | $84.5M+34% |
| Gross profit | $229.6M+14% | $227.1M+8% | $242.8M+11% | $231.1M+3% | $235.8M+3% | $249.2M+10% | $252M+4% | $260M+13% | $254.6M+8% | $260.6M+5% | $264.7M+5% | $265.5M+2% |
| SG&A | $17.6M+30% | $17.9M+23% | $21.2M+22% | $21.2M+17% | $22.9M+30% | $20.8M+16% | $23M+9% | $22.1M+4% | $21.3M−7% | $21.5M+3% | $22.3M−3% | $22.6M+2% |
| $162.3M+18% | $155.7M+8% | $166.3M+12% | $152.8M+5% | $162.4M+0% | $177.7M+14% | $177.2M+7% | $186.4M+22% | $180.5M+11% | $100.5M−44% | $188.6M+6% | $181.9M−2% | |
| Interest expense | $55.2M+16% | $52M−1% | $53.3M−2% | $52.2M−6% | $51.8M−6% | $49.7M−4% | $48.4M−9% | $48M−8% | $47.2M−9% | $46.8M−6% | $54M+12% | $55.7M+16% |
| Pre-tax income | $134.5M+18% | $131.3M+14% | $140.4M+19% | $114.5M−1% | $137.9M+3% | $155.8M+19% | $156.8M+12% | $168.5M+47% | $161.7M+17% | $77.2M−51% | $155.9M−1% | $154.5M−8% |
| $36.7M+21% | $30.9M−6% | $36.5M+15% | $28.4M−2% | $38.2M+4% | $44.6M+45% | $36.1M−1% | $44M+55% | $45.7M+20% | $25.3M−43% | $37.6M+4% | $41M−7% | |
| Net income | $97.8M+16% | $100.4M+21% | $103.9M+20% | $86M−1% | $99.7M+2% | $111.2M+11% | $120.7M+16% | $124.5M+45% | $116M+16% | $51.9M−53% | $118.3M−2% | $113.5M−9% |
| $0.20+18% | $0.21+24% | $0.21+17% | $0.18+0% | $0.21+5% | $0.23+10% | $0.25+19% | $0.26+44% | $0.24+14% | $0.11−52% | $0.25+0% | $0.24−8% | |
| 482.8M+1% | 483.7M+1% | 484.3M+1% | 484.8M+1% | 485.5M+1% | 486.3M+1% | 484.4M+0% | 482.5M−1% | 481.8M−1% | 480.1M−1% | 478M−1% | 477.1M−1% |
Gross profit: 30 periods, Q1 FY19 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 5 periods, Q4 FY21 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 8 periods, Q4 FY17 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q1 FY18: not printed by the filing, worked out from its own lines. Q4 FY19: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Oil & Gas Midstream nearest Antero Midstream's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| AMAntero Midstream | $9.9B | 24.8× | 18.1× | n/m | 7.5× | +7% | 30.4% |
| KNTKKinetik | $9B | 18.7× | 33.5× | n/m | 4.8× | +14% | 10.4% |
| DTMDT Midstream | $12.6B | 27.1× | 17.6× | n/m | 9.6× | +18% | 35.7% |
| SWXSouthwest Gas | $6.6B | 12.7× | 20.7× | n/m | 3.8× | −37% | 29.8% |
| WESWestern Midstream Partners | $18.6B | 14.2× | 10.5× | n/m | 4.3× | +18% | 29.6% |
| AROCArchrock | $5.1B | 15.7× | 27.0× | n/m | 3.4× | +12% | 21.8% |
| KGSKodiak Gas Services | $4.5B | 52.8× | 59.8× | n/m | 3.2× | +8% | 5.8% |
| CPKChesapeake Utilities | $3.2B | 21.4× | 25.1× | n/m | 3.3× | +15% | 15.1% |
| CQPCheniere Energy Partners | $32B | 11.4× | 14.0× | 14.7× | 2.8× | +15% | 27.3% |
| VGVenture Global | $35B | 11.0× | 13.5× | 8.2× | 2.1× | +101% | 22.3% |
| CTRICenturi | $2B | 62.4× | 87.6× | n/m | 0.6× | +25% | 0.9% |
| Peer median | $7.8B | 17.2× | 22.9× | 11.5× | 3.3× | +15% | 22.1% |
More on Antero Midstream
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Oil & Gas Midstream
- Sector
- Energy
Valuation data, not investment advice. Prices as of .