Growth Metrics

Antero Midstream (AM) Gross Margin (2019 - 2025)

Antero Midstream (AM) has 7 years of Gross Margin data on record, last reported at 81.79% in Q4 2025.

  • For Q4 2025, Gross Margin rose 125.0% year-over-year to 81.79%; the TTM value through Dec 2025 reached 80.49%, up 19.0%, while the annual FY2025 figure was 80.49%, 19.0% up from the prior year.
  • Gross Margin reached 81.79% in Q4 2025 per AM's latest filing, up from 80.37% in the prior quarter.
  • Across five years, Gross Margin topped out at 83.01% in Q2 2021 and bottomed at 77.7% in Q1 2023.
  • Average Gross Margin over 5 years is 80.65%, with a median of 80.51% recorded in 2023.
  • Peak YoY movement for Gross Margin: plummeted -308bps in 2023, then surged 298bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 82.1% in 2021, then dropped by -3bps to 80.01% in 2022, then rose by 1bps to 80.48% in 2023, then grew by 0bps to 80.55% in 2024, then rose by 2bps to 81.79% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 81.79% in Q4 2025, 80.37% in Q3 2025, and 79.34% in Q2 2025.