Antero Midstream (AM) Return on Capital Employed (2017 - 2026)

Antero Midstream's (AM) quarterly Return on Capital Employed came in at 10.96% in Q1 2026, down 87.0% year-on-year from 84.28% in Q1 2025, and down 3.31% quarter-over-quarter from 11.33% in Q4 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.

  • On a quarterly basis, Return on Capital Employed fell 87.0% year-over-year to 10.96% in Q1 2026; TTM through Mar 2026 was 10.96%, a 87.0% decrease from a year earlier, with the FY2025 full-year figure at 11.29%, down 38.0% from the prior year.
  • Return on Capital Employed slipped to 10.96% in Q1 2026 per AM's latest filing, from 11.33% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 12.82% in Q3 2025 and bottomed at 9.58% in Q3 2022.
  • The 5-year median for Return on Capital Employed is 10.96% (2026), against an average of 10.9%.
  • Across the five-year window, Return on Capital Employed soared 161 bps in 2025 and slumped 87 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 9.68% in 2022, then climbed by 12 bps to 10.83% in 2023, then climbed by 7 bps to 11.63% in 2024, then slipped by 3 bps to 11.33% in 2025, then dropped by 3 bps to 10.96% in 2026.
  • Per Business Quant, the three latest AM Return on Capital Employed figures stand at 10.96% (Q1 2026), 11.33% (Q4 2025), and 12.82% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 22.21%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 14.37%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 7.68%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 5.26%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 11.93%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 7.59%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 15.97%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 9.98%
10 Antero Midstream 10.91 Bn 10.91 Bn 243.51 Mn 10.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.96%
Dec 31, 2025 11.33%
Sep 30, 2025 12.82%
Jun 30, 2025 12.50%
Mar 31, 2025 11.83%
Dec 31, 2024 11.63%
Sep 30, 2024 11.21%
Jun 30, 2024 11.28%
Mar 31, 2024 11.17%
Dec 31, 2023 10.83%
Sep 30, 2023 10.63%
Jun 30, 2023 10.16%
Mar 31, 2023 9.83%
Dec 31, 2022 9.68%
Sep 30, 2022 9.58%
Jun 30, 2022 9.67%
Mar 31, 2022 10.16%
Dec 31, 2021 10.24%
Sep 30, 2021 10.00%
Jun 30, 2021 10.17%