Antero Midstream (AM) Tax Rate (2016 - 2026)

Antero Midstream (AM) posted Tax Rate of 24.14% for Q1 2026, down 26.23% on a QoQ basis from 32.73% in Q4 2025, and up 113.0% year-on-year from 11.33% in Q1 2025.

Antero Midstream (AM) Tax Rate (2016 - 2026) Analysis & Trends

Antero Midstream has disclosed Tax Rate across 11 years of filings, most recently posting 24.14% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.14%, up 113.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.09% (up 101.0% YoY), and the FY2025 annual result was 26.77%, down 16.0% from the prior year.
  • Tax Rate came in at 24.14% for Q1 2026 at Antero Midstream, down from 32.73% in the prior quarter.
  • Over the last five years, Tax Rate for AM reached as high as 32.73% in Q4 2025 and fell as low as 79.05% in Q4 2023.
  • Median Tax Rate over the past 5 years was 26.1% (2025), compared with a mean of 20.42%.
  • Year-over-year, Tax Rate sank 10736 bps in 2023 and jumped 10768 bps in 2024.
  • Over 5 years, Tax Rate stood at 28.31% in 2022, then tumbled by 379 bps to 79.05% in 2023, then jumped by 136 bps to 28.63% in 2024, then rose by 14 bps to 32.73% in 2025, then slipped by 26 bps to 24.14% in 2026.
  • Per Business Quant, the three latest AM Tax Rate figures stand at 24.14% (Q1 2026), 32.73% (Q4 2025), and 28.26% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Antero Midstream 108.06 Mn 108.06 Mn 243.51 Mn 24.14%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.14%
Mar 31, 2026 24.14%
Dec 31, 2025 32.73%
Dec 31, 2025 32.73%
Sep 30, 2025 28.26%
Sep 30, 2025 28.26%
Jun 30, 2025 26.10%
Jun 30, 2025 26.10%
Mar 31, 2025 23.02%
Mar 31, 2025 23.02%
Dec 31, 2024 28.63%
Dec 31, 2024 28.63%
Sep 30, 2024 27.69%
Sep 30, 2024 27.69%
Jun 30, 2024 24.84%
Jun 30, 2024 24.84%
Mar 31, 2024 25.99%
Mar 31, 2024 25.99%
Dec 31, 2023 -79.05%
Dec 31, 2023 -79.05%