Antero Midstream Corp
Research Antero Midstream Corp (AM) on Bullrun: valuation model: 8.8% overvalued, market cap USD 10.40B, P/E 26.3, dividend yield 4.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAM
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal8.8% overvalued
- Market capUSD 10.40B
- P/E26.3
- Dividend yield4.0%
- Financial periodQ2 2026
- RevenueUSD 350.05M
- Net incomeUSD 113.52M
- Free cash flowUSD 201.51M
- Gross margin58.7%
Valuation Snapshot
Bullrun's latest valuation model marks Antero Midstream Corp as 8.8% overvalued; latest market cap is USD 10.40B; P/E is 26.3; dividend yield is 4.0%.
Peer valuation comparison
Latest P/E is 26.3x versus a Energy sector median of 14.75x (78.3% above).
Latest dividend yield is 4.02% versus a Energy sector median of 3.8% (5.8% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.19B | USD 418.00M | USD 770.21M | 69.2% | 0.86 | USD 180.44M | USD 3.22B | USD 1.97B |
| FY2024 | USD 1.11B | USD 401.00M | USD 774.00M | 67.6% | 0.83 | USD 0 | USD 3.12B | USD 2.12B |
| FY2023 | USD 1.04B | USD 372.00M | USD 778.80M | n/a | 0.77 | USD 66.00K | USD 3.21B | USD 2.15B |
| FY2022 | USD 919.99M | USD 326.00M | USD 482.88M | n/a | 0.68 | USD 0 | USD 3.36B | USD 2.19B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 10.40B | 26.3 | 4.1% | 0.91 |
| 2025 | 2025-12-31 | USD 8.43B | 20.7 | 5.2% | 0.92 |
| 2024 | 2024-12-31 | USD 7.23B | 18.2 | 6.1% | 0.92 |
| 2023 | 2023-12-29 | USD 6.01B | 17.2 | 7.3% | 0.92 |
| 2022 | 2022-12-30 | USD 5.16B | 16.1 | 8.5% | 0.92 |
| 2021 | 2021-12-31 | USD 4.62B | 14.0 | 10.3% | 1 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.91 USD, yield 4.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.92 USD |
| FY2024 | 0.92 USD |
| FY2023 | 0.92 USD |
| FY2022 | 0.92 USD |
About Antero Midstream Corp
Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The gathering and processing segment includes a network of gathering pipelines and compressor stations that collect and process natural gas and NGLs from Antero Resources' wells in West Virginia and Ohio. The Water Handling segment delivers water from sources, including the Ohio River, local reservoirs, and various regional waterways;
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Frequently asked questions
Is Antero Midstream Corp overvalued or undervalued?
Bullrun's valuation model currently marks Antero Midstream Corp as 8.8% overvalued.
What is Antero Midstream Corp's market cap?
Antero Midstream Corp's market capitalization is USD 10.40B.
What is Antero Midstream Corp's P/E ratio?
Antero Midstream Corp's price-to-earnings (P/E) ratio is 26.3.
Does Antero Midstream Corp pay a dividend?
Antero Midstream Corp has a dividend yield of 4.0%.
What does Antero Midstream Corp do?
Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The gathering and processing segment includes a network of gathering pipelines and compressor stations that collect and process natural gas and NGLs from Antero Resources' wells in West Virginia and Ohio.