Antero Midstream (AM) Return on Capital Employed (2017 - 2026)
Antero Midstream (AM) recorded quarterly Return on Capital Employed of 10.96% in Q1 2026, down 3.31% quarter-over-quarter from 11.33% in Q4 2025, and up 873.0% on a YoY basis from 1.13% in Q1 2025.
Antero Midstream (AM) Return on Capital Employed (2017 - 2026) Analysis & Trends
Antero Midstream's Return on Capital Employed history runs 10 years deep, the most recent figure standing at 10.96% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 873.0% year-over-year to 10.96%; the TTM figure through Mar 2026 stood at 10.96% (up 873.0% YoY), while the FY2025 annual figure was 11.29%, up 925.0% from the prior year.
- Return on Capital Employed was 10.96% for Q1 2026 at Antero Midstream, down from 11.33% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 11.33% in Q4 2025 to a low of 1.15% in Q3 2022.
- Historically, Return on Capital Employed has averaged 3.17% across 5 years, with a median of 2.23% in 2025.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed tumbled 895 bps in 2022, then surged 930 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 1.67% in 2022, then gained by 11 bps to 1.86% in 2023, then rose by 9 bps to 2.03% in 2024, then surged by 458 bps to 11.33% in 2025, then dropped by 3 bps to 10.96% in 2026.
- The last three Return on Capital Employed figures came in at 10.96% (Q1 2026), 11.33% (Q4 2025), and 3.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 11.93% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 7.42% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.59% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 13.21% |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.56% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.63% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.98% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Antero Midstream | 10.09 Bn | 10.09 Bn | 243.51 Mn | 10.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.96% |
| Dec 31, 2025 | 11.33% |
| Sep 30, 2025 | 3.16% |
| Jun 30, 2025 | 2.84% |
| Mar 31, 2025 | 2.23% |
| Dec 31, 2024 | 2.03% |
| Sep 30, 2024 | 2.29% |
| Jun 30, 2024 | 2.31% |
| Mar 31, 2024 | 2.18% |
| Dec 31, 2023 | 1.86% |
| Sep 30, 2023 | 2.73% |
| Jun 30, 2023 | 2.29% |
| Mar 31, 2023 | 1.98% |
| Dec 31, 2022 | 1.67% |
| Sep 30, 2022 | 1.15% |
| Jun 30, 2022 | 1.22% |
| Mar 31, 2022 | 1.66% |
| Dec 31, 2021 | 1.74% |
| Sep 30, 2021 | 10.00% |
| Jun 30, 2021 | 10.17% |