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

Antero Midstream has disclosed FCF Margin across 11 years of filings, most recently posting 70.07% for Q1 2026.

• FCF Margin for Q1 2026 came in at 70.07%, up 932.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 72.99% (up 660.0% YoY), and the FY2025 annual result was 70.76%, up 79.0% from the prior year.
• FCF Margin came in at 70.07% for Q1 2026 at Antero Midstream, down from 70.52% in the prior quarter.
• Over the last five years, FCF Margin for AM reached as high as 80.94% in Q4 2024 and fell as low as 22.45% in Q2 2022.
• Median FCF Margin over the past 5 years was 70.52% (2025), compared with a mean of 67.14%.
• Year-over-year, FCF Margin tumbled 4546 bps in 2022 and soared 4940 bps in 2023.
• Over 5 years, FCF Margin stood at 58.91% in 2022, then surged by 36 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 retreated by 1 bps to 70.07% in 2026.
• Per Business Quant, the three latest AM FCF Margin figures stand at 70.07% (Q1 2026), 70.52% (Q4 2025), and 71.38% (Q3 2025).