Antero Midstream (AM) EBITDA Margin (2016 - 2026)
Antero Midstream (AM) recorded quarterly EBITDA Margin of 71.05% in Q1 2026, up 57.19% quarter-over-quarter from 45.2% in Q4 2025, and down 107.0% on a YoY basis from 1015.0% in Q1 2025.
Antero Midstream (AM) EBITDA Margin (2016 - 2026) Analysis & Trends
Antero Midstream's EBITDA Margin history runs 11 years deep, the most recent figure standing at 71.05% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 107.0% year-over-year to 71.05%; the TTM figure through Mar 2026 stood at 65.39% (up 4198.0% YoY), while the FY2025 annual figure was 65.55%, up 4248.0% from the prior year.
- EBITDA Margin was 71.05% for Q1 2026 at Antero Midstream, up from 45.2% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 74.44% in Q3 2022 to a low of 121.57% in Q4 2023.
- Historically, EBITDA Margin has averaged 37.19% across 5 years, with a median of 71.68% in 2022.
- The sharpest annual moves came in 2023 and 2025: EBITDA Margin slumped 1039 bps in 2023, then jumped 16118 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 111.18% in 2022, then decreased by 9 bps to 121.57% in 2023, then advanced by 5 bps to 115.98% in 2024, then soared by 139 bps to 45.2% in 2025, then surged by 57 bps to 71.05% in 2026.
- The last three EBITDA Margin figures came in at 71.05% (Q1 2026), 45.2% (Q4 2025), and 72.91% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 13.17% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.91% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 10.74% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 50.33% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 28.57% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 14.85% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 68.07% |
| 10 | Antero Midstream | 10.09 Bn | 10.09 Bn | 243.51 Mn | 71.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 71.05% |
| Dec 31, 2025 | 45.20% |
| Sep 30, 2025 | 72.91% |
| Jun 30, 2025 | 71.96% |
| Mar 31, 2025 | 72.12% |
| Dec 31, 2024 | -115.98% |
| Sep 30, 2024 | 72.24% |
| Jun 30, 2024 | 70.55% |
| Mar 31, 2024 | 72.87% |
| Dec 31, 2023 | -121.57% |
| Sep 30, 2023 | 73.17% |
| Jun 30, 2023 | 69.98% |
| Mar 31, 2023 | 70.74% |
| Dec 31, 2022 | -111.18% |
| Sep 30, 2022 | 74.44% |
| Jun 30, 2022 | 71.68% |
| Mar 31, 2022 | 72.06% |
| Dec 31, 2021 | -140.76% |
| Sep 30, 2021 | 75.31% |
| Jun 30, 2021 | 76.47% |