Antero Midstream (AM) EBIT Margin (2016 - 2026)
Antero Midstream (AM) posted EBIT Margin of 60.03% for Q1 2026, up 77.38% on a QoQ basis from 33.84% in Q4 2025, and down 85.0% year-on-year from 400.18% in Q1 2025.
Antero Midstream (AM) EBIT Margin (2016 - 2026) Analysis & Trends
Antero Midstream has disclosed EBIT Margin across 11 years of filings, most recently posting 60.03% for Q1 2026.
- EBIT Margin for Q1 2026 came in at 60.03%, down 85.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 54.15% (up 4287.0% YoY), and the FY2025 annual result was 54.25%, up 4383.0% from the prior year.
- EBIT Margin came in at 60.03% for Q1 2026 at Antero Midstream, up from 33.84% in the prior quarter.
- Over the last five years, EBIT Margin for AM reached as high as 61.52% in Q3 2023 and fell as low as 134.98% in Q4 2023.
- Median EBIT Margin over the past 5 years was 59.11% (2022), compared with a mean of 24.46%.
- Year-over-year, EBIT Margin plunged 990 bps in 2023 and soared 16123 bps in 2025.
- Over 5 years, EBIT Margin stood at 125.08% in 2022, then decreased by 8 bps to 134.98% in 2023, then grew by 6 bps to 127.39% in 2024, then jumped by 127 bps to 33.84% in 2025, then jumped by 77 bps to 60.03% in 2026.
- Per Business Quant, the three latest AM EBIT Margin figures stand at 60.03% (Q1 2026), 33.84% (Q4 2025), and 61.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.68% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.96% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 10.03% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 25.03% |
| 10 | Antero Midstream | 108.06 Mn | 108.06 Mn | 243.51 Mn | 60.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.03% |
| Dec 31, 2025 | 33.84% |
| Sep 30, 2025 | 61.22% |
| Jun 30, 2025 | 61.03% |
| Mar 31, 2025 | 60.87% |
| Dec 31, 2024 | -127.39% |
| Sep 30, 2024 | 60.19% |
| Jun 30, 2024 | 56.62% |
| Mar 31, 2024 | 59.58% |
| Dec 31, 2023 | -134.98% |
| Sep 30, 2023 | 61.52% |
| Jun 30, 2023 | 56.34% |
| Mar 31, 2023 | 57.17% |
| Dec 31, 2022 | -125.08% |
| Sep 30, 2022 | 59.63% |
| Jun 30, 2022 | 56.09% |
| Mar 31, 2022 | 59.11% |
| Dec 31, 2021 | -153.62% |
| Sep 30, 2021 | 63.09% |
| Jun 30, 2021 | 65.04% |