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

Antero Midstream's FCF Margin history runs 11 years deep, the most recent figure standing at 69.76% for Q1 2026.

• On a quarterly basis, FCF Margin rose 901.0% year-over-year to 69.76% in Q1 2026; TTM through Mar 2026 was 72.91%, a 652.0% increase from a year earlier, with the FY2025 full-year figure at 70.76%, up 79.0% from the prior year.
• FCF Margin declined to 69.76% in Q1 2026 per AM's latest filing, from 70.52% in the prior quarter.
• Across five years, FCF Margin topped out at 113.71% in Q3 2022 and bottomed at 0.97% in Q4 2022.
• The 5-year median for FCF Margin is 70.52% (2025), against an average of 67.21%.
• Across the five-year window, FCF Margin plunged 4643 bps in 2022 and soared 8104 bps in 2023, its largest moves.
• Year by year, FCF Margin stood at 0.97% in 2022, then jumped by 8327 bps to 80.07% in 2023, then grew by 1 bps to 80.94% in 2024, then retreated by 13 bps to 70.52% in 2025, then slipped by 1 bps to 69.76% in 2026.
• Per Business Quant, the three latest AM FCF Margin figures stand at 69.76% (Q1 2026), 70.52% (Q4 2025), and 71.38% (Q3 2025).