Antero Midstream (AM) EBT Margin (2016 - 2026)
Antero Midstream (AM) posted EBT Margin of 49.62% for Q1 2026, up 90.91% on a QoQ basis from 25.99% in Q4 2025, and down 425.0% year-on-year from 15.27% in Q1 2025.
Antero Midstream (AM) EBT Margin (2016 - 2026) Analysis & Trends
Antero Midstream has disclosed EBT Margin across 11 years of filings, most recently posting 49.62% for Q1 2026.
- EBT Margin for Q1 2026 came in at 49.62%, down 425.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.49% (down 403.0% YoY), and the FY2025 annual result was 47.47%, down 212.0% from the prior year.
- EBT Margin came in at 49.62% for Q1 2026 at Antero Midstream, up from 25.99% in the prior quarter.
- Over the last five years, EBT Margin for AM reached as high as 55.16% in Q2 2025 and fell as low as 25.99% in Q4 2025.
- Median EBT Margin over the past 5 years was 49.62% (2026), compared with a mean of 48.38%.
- On a YoY basis, EBT Margin climbed as much as 1273 bps in 2025 and fell as far as 2820 bps in 2025.
- Over 5 years, EBT Margin 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 sank by 52 bps to 25.99% in 2025, then surged by 91 bps to 49.62% in 2026.
- Per Business Quant, the three latest AM EBT Margin figures stand at 49.62% (Q1 2026), 25.99% (Q4 2025), and 54.84% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 10.58% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 26.68% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.55% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.60% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 14.93% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.38% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 10.62% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 16.00% |
| 10 | Antero Midstream | 108.06 Mn | 108.06 Mn | 243.51 Mn | 49.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |