Antero Midstream (AM) EBITDA Margin (2016 - 2026)
Antero Midstream (AM) posted EBITDA Margin of 67.01% for Q2 2026, down 5.69% on a QoQ basis from 71.05% in Q1 2026, and down 495.0% year-over-year from 16.96% in Q2 2025.
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Antero Midstream (AM) EBITDA Margin (2016 - 2026) Analysis & Trends
Antero Midstream has reported EBITDA Margin for 11 years, with the latest figure at 67.01% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 495.0% year-over-year to 67.01% in Q2 2026; TTM through Jun 2026 was 64.2%, a 819.0% decrease from a year earlier, with the FY2025 full-year figure at 65.55%, down 670.0% from the prior year.
- EBITDA Margin was 67.01% for Q2 2026 at Antero Midstream, down from 71.05% in the prior quarter.
- The five-year high for EBITDA Margin was 74.44% in Q3 2022, with the low at 45.2% in Q4 2025.
- Average EBITDA Margin over 5 years is 70.45%, with a median of 72.09% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin soared 214 bps in 2024, then plunged 2803 bps in 2025.
- Over 5 years, EBITDA Margin stood at 73.58% in 2022, then fell by 0 bps to 73.25% in 2023, then slipped by 0 bps to 73.23% in 2024, then sank by 38 bps to 45.2% in 2025, then jumped by 48 bps to 67.01% in 2026.
- The last three EBITDA Margin figures came in at 67.01% (Q2 2026), 71.05% (Q1 2026), and 45.2% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 35.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 51.27% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | Antero Midstream | 10.73 Bn | 10.73 Bn | 242.72 Mn | 67.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.01% |
| 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 | 73.23% |
| Sep 30, 2024 | 72.24% |
| Jun 30, 2024 | 70.55% |
| Mar 31, 2024 | 72.87% |
| Dec 31, 2023 | 73.25% |
| Sep 30, 2023 | 73.17% |
| Jun 30, 2023 | 69.98% |
| Mar 31, 2023 | 70.74% |
| Dec 31, 2022 | 73.58% |
| Sep 30, 2022 | 74.44% |
| Jun 30, 2022 | 71.68% |
| Mar 31, 2022 | 72.06% |
| Dec 31, 2021 | 72.22% |
| Sep 30, 2021 | 75.31% |