Antero Midstream (AM) Tax Rate (2016 - 2026)
Antero Midstream (AM) recorded quarterly Tax Rate of 24.14% in Q1 2026, down 26.23% quarter-over-quarter from 32.73% in Q4 2025, and up 113.0% on a YoY basis from 11.33% in Q1 2025.
Antero Midstream (AM) Tax Rate (2016 - 2026) Analysis & Trends
Antero Midstream's Tax Rate history runs 11 years deep, the most recent figure standing at 24.14% for Q1 2026.
- In Q1 2026, Tax Rate rose 113.0% year-over-year to 24.14%; the TTM figure through Mar 2026 stood at 27.09% (up 101.0% YoY), while the FY2025 annual figure was 26.77%, down 16.0% from the prior year.
- Tax Rate was 24.14% for Q1 2026 at Antero Midstream, down from 32.73% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 32.73% in Q4 2025 to a low of 79.05% in Q4 2023.
- Historically, Tax Rate has averaged 20.42% across 5 years, with a median of 26.1% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 10736 bps in 2023, then soared 10768 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 28.31% in 2022, then sank 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.
- The last three Tax Rate figures came in at 24.14% (Q1 2026), 32.73% (Q4 2025), and 28.26% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 10.04% |
| 10 | Antero Midstream | 10.09 Bn | 10.09 Bn | 243.51 Mn | 24.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |