Antero Midstream Corp AM
Natural Gas Distribution · IPO 2017 · data as of November 13, 2026
Antero Midstream Corp (AM) is a utility company listed in the US with a market value of about $9.7B. In the twelve months to September 30, 2026 it had revenue of $1.3B and net income of $676M, a net margin of 53.4%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is value (3/5); the weakest is future growth (0/5).
Key numbers: a P/E of 14.4, a price to free cash flow of 157.3, 5-year revenue growth of 6% a year, a 5-year average ROIC of 8%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 0% above the current price.
Score: 2.0 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
- Pays a dividend
Checks not passed
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.0B | $920M | $898M | $901M | $793M | $143M | $70M | $17M |
| Net income | $676M | $413M | $400M | $371M | $326M | $331M | -$123M | -$356M | $18M | $5M | $10M |
| Free cash flow | $61M | — | $774M | $779M | $483M | — | $595M | $355M | — | — | — |
| EPS (diluted) | $1.42 | $0.86 | $0.83 | $0.77 | $0.68 | $0.69 | $-0.26 | $-0.80 | $0.33 | $0.03 | — |
| Net margin | 53.4% | 34.7% | 36.2% | 35.6% | 35.4% | 36.9% | -13.7% | -44.9% | 12.4% | 7.1% | 57.3% |
| ROIC | — | 9.1% | 9.2% | 8.5% | 7.1% | 7.6% | -1.5% | -5.1% | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $23.71, 16% above the current price; targets range from $22.00 to $25.00; the consensus rating is “Hold”; expected EPS is $0.89 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Antero Midstream’s P/E ratio?
About 14.4, based on the last twelve months of diluted earnings per share (forward P/E about 16.5).
Is Antero Midstream stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 0% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Antero Midstream pay a dividend?
Yes. The dividend yield is about 4.50%, and it has paid dividends for 9 years in our data.
Is Antero Midstream a good stock to buy?
We do not give buy or sell advice. Antero Midstream scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.