Antero Midstream (AM) EBT Margin (2016 - 2026)

Antero Midstream (AM) recorded quarterly EBT Margin of 49.62% in Q1 2026, up 90.91% quarter-over-quarter from 25.99% in Q4 2025, and down 425.0% on a YoY basis from 15.27% in Q1 2025.

Antero Midstream (AM) EBT Margin (2016 - 2026) Analysis & Trends

Antero Midstream's EBT Margin history runs 11 years deep, the most recent figure standing at 49.62% for Q1 2026.

  • In Q1 2026, EBT Margin fell 425.0% year-over-year to 49.62%; the TTM figure through Mar 2026 stood at 46.49% (down 403.0% YoY), while the FY2025 annual figure was 47.47%, down 212.0% from the prior year.
  • EBT Margin was 49.62% for Q1 2026 at Antero Midstream, up from 25.99% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 55.16% in Q2 2025 to a low of 25.99% in Q4 2025.
  • Historically, EBT Margin has averaged 48.38% across 5 years, with a median of 49.62% in 2026.
  • Biggest YoY gain for EBT Margin was 1273 bps in 2025; the steepest drop was 2820 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 47.81% in 2022, then advanced by 6 bps to 50.47% in 2023, then increased by 7 bps to 54.19% in 2024, then tumbled by 52 bps to 25.99% in 2025, then surged by 91 bps to 49.62% in 2026.
  • The last three EBT Margin figures came in at 49.62% (Q1 2026), 25.99% (Q4 2025), and 54.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 10.58%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.55%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 26.68%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.60%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.38%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 14.93%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 10.62%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 34.17%
10 Antero Midstream 10.09 Bn 10.09 Bn 243.51 Mn 49.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 49.62%
Dec 31, 2025 25.99%
Sep 30, 2025 54.84%
Jun 30, 2025 55.16%
Mar 31, 2025 53.87%
Dec 31, 2024 54.19%
Sep 30, 2024 51.11%
Jun 30, 2024 42.43%
Mar 31, 2024 50.32%
Dec 31, 2023 50.47%
Sep 30, 2023 50.97%
Jun 30, 2023 44.95%
Mar 31, 2023 45.54%
Dec 31, 2022 47.81%
Sep 30, 2022 49.49%
Jun 30, 2022 46.22%
Mar 31, 2022 49.48%
Dec 31, 2021 49.52%
Sep 30, 2021 53.99%
Jun 30, 2021 46.70%