Antero Midstream (AM) Free Cash Flow (2016 - 2026)
Antero Midstream (AM) posted Free Cash Flow of $201.51 million for Q2 2026, down 11.8% from $228.45 million a year earlier but up 0.4% from the prior quarter.
Antero Midstream (AM) Free Cash Flow (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Antero Midstream was $775.57 million, down 4.9% year-over-year; for FY2025, it came in at $770.21 million, down 0.5% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In prior years, Antero Midstream's Free Cash Flow was $774 million in FY2024 (-0.6%), $778.8 million in FY2023 (+61.3%), $482.88 million in FY2022 (+1.2%) and $476.93 million in FY2021 (-19.9%).
- Quarterly Free Cash Flow has run from a low of $79.83 million in Q3 2021 to a high of $232.69 million in Q4 2024 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last eight quarters, with growth averaging 3.2%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2022, with growth of 112.8%; the weakest was Q4 2021, with a decline of 52.6%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $200.72 million (Q1 2026), $206.69 million (Q4 2025) and $166.66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 821.24 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.02 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.71 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 978.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 2.66 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 431.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 877.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 398.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.44 Bn |
| 10 | Antero Midstream | 9.57 Bn | 9.57 Bn | 242.72 Mn | 201.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 201.51 Mn |
| Mar 31, 2026 | 200.72 Mn |
| Dec 31, 2025 | 206.69 Mn |
| Sep 30, 2025 | 166.66 Mn |
| Jun 30, 2025 | 228.45 Mn |
| Mar 31, 2025 | 168.41 Mn |
| Dec 31, 2024 | 232.69 Mn |
| Sep 30, 2024 | 185.58 Mn |
| Jun 30, 2024 | 147.22 Mn |
| Mar 31, 2024 | 208.51 Mn |
| Dec 31, 2023 | 208.32 Mn |
| Sep 30, 2023 | 202.44 Mn |
| Jun 30, 2023 | 185.58 Mn |
| Mar 31, 2023 | 182.46 Mn |
| Dec 31, 2022 | 188.06 Mn |
| Sep 30, 2022 | 102.68 Mn |
| Jun 30, 2022 | 91.75 Mn |
| Mar 31, 2022 | 100.40 Mn |
| Dec 31, 2021 | 88.39 Mn |
| Sep 30, 2021 | 79.83 Mn |
Antero Midstream Free Cash Flow 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=free-cash-flow&ticker=AM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();