Antero Midstream (AM) EBITDA (2016 - 2026)
Antero Midstream (AM) posted EBITDA of $223.2 million for Q1 2026, up 66.3% on a QoQ basis from $134.2 million in Q4 2025, and up 6.32% year-on-year from $210.0 million in Q1 2025.
Antero Midstream (AM) EBITDA (2016 - 2026) Analysis & Trends
Antero Midstream has disclosed EBITDA across 11 years of filings, most recently posting $223.2 million for Q1 2026.
- EBITDA for Q1 2026 came in at $223.2 million, up 6.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $792.3 million (up 202.58% YoY), and the FY2025 annual result was $779.0 million, up 205.23% from the prior year.
- EBITDA came in at $223.2 million for Q1 2026 at Antero Midstream, up from $134.2 million in the prior quarter.
- Over the last five years, EBITDA for AM reached as high as $223.2 million in Q1 2026 and fell as low as -$333.4 million in Q4 2024.
- Median EBITDA over the past 5 years was $183.5 million (2023), compared with a mean of $101.4 million.
- Year-over-year, EBITDA retreated 17.77% in 2023 and surged 140.26% in 2025.
- Over 5 years, EBITDA stood at -$268.6 million in 2022, then dropped by 17.77% to -$316.3 million in 2023, then slipped by 5.42% to -$333.4 million in 2024, then surged by 140.26% to $134.2 million in 2025, then soared by 66.3% to $223.2 million in 2026.
- Per Business Quant, the three latest AM EBITDA figures stand at $223.2 million (Q1 2026), $134.2 million (Q4 2025), and $215.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 1.17 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 534.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.40 Bn |
| 10 | Antero Midstream | 108.06 Mn | 108.06 Mn | 243.51 Mn | 223.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 223.25 Mn |
| Dec 31, 2025 | 134.24 Mn |
| Sep 30, 2025 | 214.96 Mn |
| Jun 30, 2025 | 219.81 Mn |
| Mar 31, 2025 | 209.97 Mn |
| Dec 31, 2024 | -333.43 Mn |
| Sep 30, 2024 | 194.96 Mn |
| Jun 30, 2024 | 190.33 Mn |
| Mar 31, 2024 | 203.35 Mn |
| Dec 31, 2023 | -316.28 Mn |
| Sep 30, 2023 | 193.06 Mn |
| Jun 30, 2023 | 180.76 Mn |
| Mar 31, 2023 | 183.54 Mn |
| Dec 31, 2022 | -268.55 Mn |
| Sep 30, 2022 | 171.98 Mn |
| Jun 30, 2022 | 164.07 Mn |
| Mar 31, 2022 | 157.45 Mn |
| Dec 31, 2021 | -304.74 Mn |
| Sep 30, 2021 | 169.31 Mn |
| Jun 30, 2021 | 178.02 Mn |