Antero Midstream (AM) EV to EBITDA (2017 - 2026)
Antero Midstream (AM) posted EV to EBITDA of 49.24 for Q2 2026, up 1.5% on a QoQ basis from 48.51 in Q1 2026, and up 19.24% year-over-year from 41.3 in Q2 2025.
Analysis
Antero Midstream (AM) EV to EBITDA (2017 - 2026) Analysis & Trends
Antero Midstream has reported EV to EBITDA for 10 years, with the latest figure at 49.24 in Q2 2026.
- On a quarterly basis, EV to EBITDA rose 19.24% year-over-year to 49.24 in Q2 2026; TTM through Jun 2026 was 13.64, a 25.5% increase from a year earlier, with the FY2025 full-year figure at 10.49, up 15.87% from the prior year.
- EV to EBITDA was 49.24 for Q2 2026 at Antero Midstream, up from 48.51 in the prior quarter.
- The five-year high for EV to EBITDA was 60.86 in Q4 2025, with the low at 25.54 in Q3 2022.
- Average EV to EBITDA over 5 years is 36.63, with a median of 33.72 recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: EV to EBITDA declined 17.05% in 2023, then jumped 77.12% in 2025.
- Over 5 years, EV to EBITDA stood at 29.05 in 2022, then increased by 8.58% to 31.54 in 2023, then climbed by 8.95% to 34.36 in 2024, then jumped by 77.12% to 60.86 in 2025, then fell by 19.09% to 49.24 in 2026.
- The last three EV to EBITDA figures came in at 49.24 (Q2 2026), 48.51 (Q1 2026), and 60.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Antero Midstream | 10.73 Bn | 10.73 Bn | 242.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.24 |
| Mar 31, 2026 | 48.51 |
| Dec 31, 2025 | 60.86 |
| Sep 30, 2025 | 43.11 |
| Jun 30, 2025 | 41.30 |
| Mar 31, 2025 | 41.09 |
| Dec 31, 2024 | 34.36 |
| Sep 30, 2024 | 37.15 |
| Jun 30, 2024 | 37.27 |
| Mar 31, 2024 | 33.08 |
| Dec 31, 2023 | 31.54 |
| Sep 30, 2023 | 29.77 |
| Jun 30, 2023 | 30.78 |
| Mar 31, 2023 | 27.36 |
| Dec 31, 2022 | 29.05 |
| Sep 30, 2022 | 25.54 |
| Jun 30, 2022 | 26.39 |
| Mar 31, 2022 | 32.98 |
| Dec 31, 2021 | 29.56 |
| Sep 30, 2021 | 29.39 |