Antero Midstream (AM) Free Cash Flow (2016 - 2026)
Antero Midstream (AM) posted Free Cash Flow of $220.2 million for Q1 2026, up 5.11% on a QoQ basis from $209.4 million in Q4 2025, and up 24.48% year-on-year from $176.9 million in Q1 2025.
Antero Midstream (AM) Free Cash Flow (2016 - 2026) Analysis & Trends
Antero Midstream has disclosed Free Cash Flow across 11 years of filings, most recently posting $220.2 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $220.2 million, up 24.48% year-over-year; the trailing twelve-month figure through Mar 2026 was $884.2 million (up 19.11% YoY), and the FY2025 annual result was $840.9 million, up 8.65% from the prior year.
- Free Cash Flow came in at $220.2 million for Q1 2026 at Antero Midstream, up from $209.4 million in the prior quarter.
- Over the last five years, Free Cash Flow for AM reached as high as $244.2 million in Q2 2025 and fell as low as $51.4 million in Q2 2022.
- Median Free Cash Flow over the past 5 years was $185.6 million (2023), compared with a mean of $182.2 million.
- Year-over-year, Free Cash Flow plunged 67.49% in 2022 and surged 261.16% in 2023.
- Over 5 years, Free Cash Flow stood at $142.3 million in 2022, then surged by 46.39% to $208.3 million in 2023, then rose by 11.7% to $232.7 million in 2024, then dropped by 9.99% to $209.4 million in 2025, then advanced by 5.11% to $220.2 million in 2026.
- Per Business Quant, the three latest AM Free Cash Flow figures stand at $220.2 million (Q1 2026), $209.4 million (Q4 2025), and $210.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -70.73 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.36 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 486.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.46 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -160.00 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 772.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 70.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 879.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -2.42 Bn |
| 10 | Antero Midstream | 108.06 Mn | 108.06 Mn | 243.51 Mn | 220.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 220.16 Mn |
| Mar 31, 2026 | 220.16 Mn |
| Dec 31, 2025 | 209.45 Mn |
| Dec 31, 2025 | 209.45 Mn |
| Sep 30, 2025 | 210.45 Mn |
| Sep 30, 2025 | 210.45 Mn |
| Jun 30, 2025 | 244.17 Mn |
| Jun 30, 2025 | 244.17 Mn |
| Mar 31, 2025 | 176.86 Mn |
| Mar 31, 2025 | 176.86 Mn |
| Dec 31, 2024 | 232.69 Mn |
| Dec 31, 2024 | 232.69 Mn |
| Sep 30, 2024 | 185.58 Mn |
| Sep 30, 2024 | 185.58 Mn |
| Jun 30, 2024 | 147.22 Mn |
| Jun 30, 2024 | 147.22 Mn |
| Mar 31, 2024 | 208.51 Mn |
| Mar 31, 2024 | 208.51 Mn |
| Dec 31, 2023 | 208.32 Mn |
| Dec 31, 2023 | 208.32 Mn |