Antero Midstream Corporation

Antero Midstream Corporation

AMยทNYSE

$21.27

+0.14%
EnergyOil & Gas Midstream

Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. It operates through Gathering and Processing, and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers fresh water; and offers pumping stations, water storage, and blending facilities. The company was incorporated in 2013 and is headquartered in Denver, Colorado.

At a Glance

Live Snapshot
Market Cap$10.10B
EPS0.8600
P/E Ratio24.73
Earnings Date07/29/2026
3Y+27.0%
5Y+30.0%
10Y+113.0%
3Y+27.0%
5Y-437.0%
10Y+4155.0%
3Y+33.0%
5Y+24.0%
10Y+146.0%
Antero Midstream Corporation

Antero Midstream Corporation Profit Bridge

AM ยท NYSE
Revenue1.26B
Cost of Goods Sold (436.89M)
Gross Profit822.21M
Operating Expenses (177.54M)
Operating Income644.67M
Interest Expense (190.40M)
Other Income/Expense-80.47M
Pretax Income564.20M
Income Tax (151.03M)
Net Income413.16M
Net Income
413.16M

Profitability Analysis

Gross Margin

65.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

51.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

32.8%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

26.8%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Antero Midstream Corporation Income Statement

AM โ€ข NYSE

Antero Midstream Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015
REVENUE
1.3B
1.2B
1.1B
990.7M
968.9M
971.4M
849.6M
1B
0.0
590.2M
387.3M
GROSS PROFIT
(436.9M)
(428.6M)
(419.9M)
(382.7M)
(336.6M)
(344.8M)
(348.4M)
(446.4M)
(0.0)
(261.4M)
(165.5M)
822.2M
748.2M
692.5M
608M
632.3M
626.5M
501.2M
582.1M
0.0
328.8M
221.8M
OPERATING INCOME
(177.5M)
(89.1M)
(80.7M)
(68.5M)
(77M)
(744.2M)
(899.7M)
(61.8M)
(41.1M)
(815K)
(1.3M)
(87.9M)
(86.1M)
(71.1M)
(62.1M)
(63.8M)
(52.2M)
(118.1M)
(61.6M)
(41.1M)
(815K)
(0.0)
644.7M
659.2M
611.9M
539.5M
555.3M
-117.6M
-398.5M
607.6M
-41.1M
16.1M
1.3M
PRE-TAX INCOME
(190.4M)
(207M)
(217.2M)
(189.9M)
(175.3M)
(147M)
(110.4M)
(61.9M)
(0.0)
(0.0)
(0.0)
-190.4M
-207M
-217.2M
-189.9M
-175.3M
-147M
-110.4M
-61.9M
0.0
0.0
0.0
(89.6M)
(3M)
(9.6M)
(6.4M)
(13.1M)
(692M)
(781.6M)
(0.0)
(0.0)
(0.0)
(0.0)
-80.5M
-110.5M
-111.8M
-95.7M
-106.6M
-60.6M
-59.1M
127.5M
69.7M
0.0
0.0
564.2M
548.6M
500.1M
443.7M
448.7M
-178.2M
-457.6M
98.9M
28.6M
16.1M
1.3M
NET INCOME
(151M)
(147.7M)
(128.3M)
(117.5M)
(117.1M)
-55.7M
-102.5M
(32.3M)
(26.3M)
(6.4M)
(483K)
413.2M
400.9M
371.8M
326.2M
331.6M
-122.5M
-355.1M
443M
2.3M
9.7M
781K

SEC Filings

AM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 03, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
April 01, 2026
2026
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
10-K

10-K 2025 FY

FY

February 11, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 11, 2026
February 11, 2026
2026
8-K

8-K 2026

N/A

February 03, 2026
February 03, 2026
2026
8-K

8-K 2025

N/A

December 23, 2025
December 23, 2025
2025
Showing 1 to 10 of 188 filings