Antero Midstream (AM) Net Margin (2016 - 2026)
Antero Midstream (AM) posted quarterly Net Margin of 34.69% for Q2 2026, down 607.0% year-over-year from 6.84% in Q2 2025, and down 7.84% quarter-over-quarter from 37.64% in Q1 2026.
Antero Midstream (AM) Net Margin (2016 - 2026) Analysis & Trends
Antero Midstream's Net Margin history runs 11 years deep, the most recent figure standing at 34.69% for Q2 2026.
- In Q2 2026, Net Margin fell 607.0% year-over-year to 34.69%; the TTM figure through Jun 2026 stood at 32.41% (down 712.0% YoY), while the FY2025 annual figure was 34.77%, down 148.0% from the prior year.
- Net Margin for Q2 2026 stood at 34.69%, down from 37.64% in the prior quarter.
- The five-year high for Net Margin was 41.47% in Q1 2025, with the low at 17.48% in Q4 2025.
- The 5-year median for Net Margin is 36.8% (2022), against an average of 35.6%.
- Peak annual rise in Net Margin reached 887 bps in 2025, while the deepest fall reached 2119 bps in 2025.
- Antero Midstream's Net Margin stood at 34.28% in 2022, then rose by 13 bps to 38.61% in 2023, then climbed by 0 bps to 38.68% in 2024, then tumbled by 55 bps to 17.48% in 2025, then surged by 98 bps to 34.69% in 2026.
- Business Quant data shows AM's Net Margin at 34.69% in Q2 2026, 37.64% in Q1 2026, and 17.48% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 55.36% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 8.03% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 32.82% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 63.54% |
| 10 | Antero Midstream | 10.58 Bn | 10.58 Bn | 242.72 Mn | 34.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.69% |
| Mar 31, 2026 | 37.64% |
| Dec 31, 2025 | 17.48% |
| Sep 30, 2025 | 39.34% |
| Jun 30, 2025 | 40.76% |
| Mar 31, 2025 | 41.47% |
| Dec 31, 2024 | 38.68% |
| Sep 30, 2024 | 36.96% |
| Jun 30, 2024 | 31.89% |
| Mar 31, 2024 | 37.24% |
| Dec 31, 2023 | 38.61% |
| Sep 30, 2023 | 37.08% |
| Jun 30, 2023 | 33.69% |
| Mar 31, 2023 | 33.34% |
| Dec 31, 2022 | 34.28% |
| Sep 30, 2022 | 36.36% |
| Jun 30, 2022 | 34.68% |
| Mar 31, 2022 | 36.63% |
| Dec 31, 2021 | 36.32% |
| Sep 30, 2021 | 39.74% |