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

Antero Midstream (AM) posted Return on Capital Employed of 10.96% for Q1 2026, down 3.31% on a QoQ basis from 11.33% in Q4 2025, and up 873.0% year-on-year from 1.13% in Q1 2025.

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

Antero Midstream has disclosed Return on Capital Employed across 10 years of filings, most recently posting 10.96% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 10.96%, up 873.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.96% (up 873.0% YoY), and the FY2025 annual result was 11.29%, up 925.0% from the prior year.
  • Return on Capital Employed came in at 10.96% for Q1 2026 at Antero Midstream, down from 11.33% in the prior quarter.
  • Over the last five years, Return on Capital Employed for AM reached as high as 11.33% in Q4 2025 and fell as low as 1.15% in Q3 2022.
  • Median Return on Capital Employed over the past 5 years was 2.23% (2025), compared with a mean of 3.17%.
  • Year-over-year, Return on Capital Employed slumped 895 bps in 2022 and soared 930 bps in 2025.
  • Over 5 years, Return on Capital Employed 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.
  • Per Business Quant, the three latest AM Return on Capital Employed figures stand at 10.96% (Q1 2026), 11.33% (Q4 2025), and 3.16% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 5.26%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 7.42%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 11.93%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 7.59%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 3.63%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 14.56%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 9.98%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 22.68%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 10.22%
10 Antero Midstream 108.06 Mn 108.06 Mn 243.51 Mn 10.96%

Historic Data

Download Data
DateValue
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%