Growth Metrics

Antero Midstream (AM) Operating Margin (2017 - 2025)

Antero Midstream (AM) has 9 years of Operating Margin data on record, last reported at 33.84% in Q4 2025.

  • For Q4 2025, Operating Margin rose 16123.0% year-over-year to 33.84%; the TTM value through Dec 2025 reached 54.25%, up 4383.0%, while the annual FY2025 figure was 54.25%, 4383.0% up from the prior year.
  • Operating Margin reached 33.84% in Q4 2025 per AM's latest filing, down from 61.22% in the prior quarter.
  • Across five years, Operating Margin topped out at 65.04% in Q2 2021 and bottomed at 153.62% in Q4 2021.
  • Average Operating Margin over 5 years is 28.73%, with a median of 59.59% recorded in 2021.
  • The widest YoY moves for Operating Margin: up 27263bps in 2021, down -21002bps in 2021.
  • A 5-year view of Operating Margin shows it stood at 153.62% in 2021, then surged by 139bps to 59.67% in 2022, then plummeted by -326bps to 134.98% in 2023, then grew by 6bps to 127.39% in 2024, then skyrocketed by 127bps to 33.84% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 33.84% in Q4 2025, 61.22% in Q3 2025, and 61.03% in Q2 2025.