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

Antero Midstream has disclosed Net Margin across 11 years of filings, most recently posting 37.64% for Q1 2026.

• Net Margin for Q1 2026 came in at 37.64%, down 383.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.9% (down 345.0% YoY), and the FY2025 annual result was 34.77%, down 148.0% from the prior year.
• Net Margin came in at 37.64% for Q1 2026 at Antero Midstream, up from 17.48% in the prior quarter.
• Over the last five years, Net Margin for AM reached as high as 90.37% in Q4 2023 and fell as low as 17.48% in Q4 2025.
• Median Net Margin over the past 5 years was 36.96% (2024), compared with a mean of 38.7%.
• Year-over-year, Net Margin surged 5609 bps in 2023 and plunged 5169 bps in 2024.
• Over 5 years, Net Margin stood at 34.28% in 2022, then soared by 164 bps to 90.37% in 2023, then sank by 57 bps to 38.68% in 2024, then slumped by 55 bps to 17.48% in 2025, then soared by 115 bps to 37.64% in 2026.
• Per Business Quant, the three latest AM Net Margin figures stand at 37.64% (Q1 2026), 17.48% (Q4 2025), and 39.34% (Q3 2025).