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| Date | Value |
|---|---|
| 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% |