Antero Midstream (AM) EV to EBITDA (2020 - 2026)
Antero Midstream's (AM) EV to EBITDA came in at 12.40 for Q2 2026, up 23.7% from 10.02 a year earlier but down 0.8% from the prior quarter.
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Analysis
Antero Midstream (AM) EV to EBITDA (2020 - 2026) Analysis & Trends
For FY2025, Antero Midstream's EV to EBITDA stood at 9.71, up 16.8% from FY2024.
- Annual EV to EBITDA has increased for four consecutive years.
- In prior years, Antero Midstream's EV to EBITDA was 8.32 in FY2024 (+13.3%), 7.34 in FY2023 (+5.5%), 6.96 in FY2022 (+10.6%) and 6.29 in FY2021 (-89.9%).
- Quarterly EV to EBITDA has run from a low of 6.03 in Q2 2022 to a high of 12.50 in Q1 2026 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last 13 quarters, with growth averaging 20.0% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q1 2026, with growth of 27.0%; the weakest was Q4 2021, with a decline of 89.9%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 12.50 (Q1 2026), 9.71 (Q4 2025) and 10.01 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Antero Midstream | 9.83 Bn | 9.83 Bn | 242.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.40 |
| Mar 31, 2026 | 12.50 |
| Dec 31, 2025 | 9.71 |
| Sep 30, 2025 | 10.01 |
| Jun 30, 2025 | 10.02 |
| Mar 31, 2025 | 9.84 |
| Dec 31, 2024 | 8.32 |
| Sep 30, 2024 | 8.52 |
| Jun 30, 2024 | 8.37 |
| Mar 31, 2024 | 8.02 |
| Dec 31, 2023 | 7.34 |
| Sep 30, 2023 | 7.13 |
| Jun 30, 2023 | 7.09 |
| Mar 31, 2023 | 6.54 |
| Dec 31, 2022 | 6.96 |
| Sep 30, 2022 | 6.10 |
| Jun 30, 2022 | 6.03 |
| Mar 31, 2022 | 7.10 |
| Dec 31, 2021 | 6.29 |
| Sep 30, 2021 | 6.91 |
API Access
Antero Midstream EV to EBITDA 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=ev-to-ebitda&ticker=AM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();