Antero Midstream (AM) EBT (2016 - 2026)
Antero Midstream's EBT came in at $154.48 million for Q2 2026, down 8.3% from $168.5 million a year earlier and down 0.9% from the prior quarter.
Antero Midstream (AM) EBT (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Antero Midstream reported EBT of $549.25 million, down 11.3% year-over-year; for FY2025, it came in at $564.2 million, up 2.8% from FY2024.
- EBT has increased in each of the last three years.
- Going back by year, EBT was $548.62 million in FY2024 (+9.7%), $500.07 million in FY2023 (+12.7%), $443.74 million in FY2022 (-1.1%) and $448.74 million in FY2021.
- The five-year range for quarterly EBT is $77.19 million (Q4 2025) to $168.5 million (Q2 2025).
- Year-over-year, EBT has declined for three consecutive quarters, with growth averaging 4.7% over the last eight quarters.
- The fastest year-over-year change in EBT over five years came in Q2 2025 (growth of 47.2%), and the weakest in Q4 2025 (a decline of 50.5%).
- Business Quant data shows AM's EBT at $155.91 million (Q1 2026), $77.19 million (Q4 2025) and $161.67 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 1.45 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.87 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 2.72 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.17 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 1.05 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 1.00 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.27 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.01 Bn |
| 10 | Antero Midstream | 9.83 Bn | 9.83 Bn | 242.72 Mn | 154.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.48 Mn |
| Mar 31, 2026 | 155.91 Mn |
| Dec 31, 2025 | 77.19 Mn |
| Sep 30, 2025 | 161.67 Mn |
| Jun 30, 2025 | 168.50 Mn |
| Mar 31, 2025 | 156.83 Mn |
| Dec 31, 2024 | 155.79 Mn |
| Sep 30, 2024 | 137.94 Mn |
| Jun 30, 2024 | 114.47 Mn |
| Mar 31, 2024 | 140.41 Mn |
| Dec 31, 2023 | 131.31 Mn |
| Sep 30, 2023 | 134.48 Mn |
| Jun 30, 2023 | 116.11 Mn |
| Mar 31, 2023 | 118.18 Mn |
| Dec 31, 2022 | 115.49 Mn |
| Sep 30, 2022 | 114.35 Mn |
| Jun 30, 2022 | 105.79 Mn |
| Mar 31, 2022 | 108.11 Mn |
| Dec 31, 2021 | 107.20 Mn |
| Sep 30, 2021 | 121.37 Mn |
Antero Midstream EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=AM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "AM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();