Antero Midstream Corp (AM) Operating Margin (2017 - 2026)
Antero Midstream (AM) reported Operating Margin of 55.59% for Q2 2026, down 5.45 percentage points from 61.03% a year earlier and down 4.44 percentage points from the prior quarter.
Antero Midstream Corp (AM) Operating Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Antero Midstream's Operating Margin came in at 52.83%, down 8.16 percentage points year-over-year; for FY2025, it came in at 54.25%, down 5.34 percentage points from FY2024.
- Operating Margin has a five-year change of +67.31 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 59.59% in FY2024 (+0.86 pp), 58.73% in FY2023 (+0.09 pp), 58.64% in FY2022 (-3.19 pp) and 61.83% in FY2021 (+74.89 pp).
- Five-year quarterly Operating Margin spans a low of 33.84% in Q4 2025 and a high of 63.09% in Q3 2021.
- Year over year, Operating Margin has now declined in each of the last three quarters, with an average year-over-year change of -3.36 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was Q2 2025 (a gain of 4.42 percentage points); the low point was Q4 2025 (a drop of 27.98 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 60.03% (Q1 2026), 33.84% (Q4 2025) and 61.22% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.59% |
| Mar 31, 2026 | 60.03% |
| Dec 31, 2025 | 33.84% |
| Sep 30, 2025 | 61.22% |
| Jun 30, 2025 | 61.03% |
| Mar 31, 2025 | 60.87% |
| Dec 31, 2024 | 61.83% |
| Sep 30, 2024 | 60.19% |
| Jun 30, 2024 | 56.62% |
| Mar 31, 2024 | 59.58% |
| Dec 31, 2023 | 59.84% |
| Sep 30, 2023 | 61.52% |
| Jun 30, 2023 | 56.34% |
| Mar 31, 2023 | 57.17% |
| Dec 31, 2022 | 59.67% |
| Sep 30, 2022 | 59.63% |
| Jun 30, 2022 | 56.09% |
| Mar 31, 2022 | 59.11% |
| Dec 31, 2021 | 59.37% |
| Sep 30, 2021 | 63.09% |
Antero Midstream Corp Operating Margin 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=operating-margin&ticker=AM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=AM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();