Antero Midstream (AM) EBT Margin (2016 - 2026)
Antero Midstream (AM) posted EBT Margin of 47.21% for Q2 2026, down 4.86% on a QoQ basis from 49.62% in Q1 2026, and down 795.0% year-over-year from 6.79% in Q2 2025.
Analysis
Antero Midstream (AM) EBT Margin (2016 - 2026) Analysis & Trends
Antero Midstream has reported EBT Margin for 11 years, with the latest figure at 47.21% in Q2 2026.
- On a quarterly basis, EBT Margin fell 795.0% year-over-year to 47.21% in Q2 2026; TTM through Jun 2026 was 44.54%, a 911.0% decrease from a year earlier, with the FY2025 full-year figure at 47.47%, down 212.0% from the prior year.
- EBT Margin was 47.21% for Q2 2026 at Antero Midstream, down from 49.62% in the prior quarter.
- The five-year high for EBT Margin was 55.16% in Q2 2025, with the low at 25.99% in Q4 2025.
- Average EBT Margin over 5 years is 48.32%, with a median of 49.56% recorded in 2022.
- The largest YoY upside for EBT Margin was 1273 bps in 2025 against a maximum downside of 2820 bps in 2025.
- Over 5 years, EBT Margin stood at 47.81% in 2022, then climbed by 6 bps to 50.47% in 2023, then rose by 7 bps to 54.19% in 2024, then slumped by 52 bps to 25.99% in 2025, then jumped by 82 bps to 47.21% in 2026.
- The last three EBT Margin figures came in at 47.21% (Q2 2026), 49.62% (Q1 2026), and 25.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | Antero Midstream | 10.73 Bn | 10.73 Bn | 242.72 Mn | 47.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.21% |
| 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% |