Antero Midstream Corporation

NYSE:AM 주식 리포트

시가총액: US$10.6b

Antero Midstream 과거 순이익 실적

과거 기준 점검 2/6

Antero Midstream은 연평균 6.6%의 비율로 수입이 증가해 온 반면, Oil and Gas 산업은 수입이 8.9% 증가했습니다. 매출은 연평균 6.7%의 비율로 증가했습니다. Antero Midstream의 자기자본이익률은 21.2%이고 순이익률은 31.9%입니다.

핵심 정보

6.58%

순이익 성장률

6.47%

주당순이익(EPS) 성장률

Oil and Gas 산업 성장률33.67%
매출 성장률6.69%
자기자본이익률21.21%
순이익률31.90%
최근 순이익 업데이트31 Mar 2026

최근 과거 실적 업데이트

Recent updates

내러티브 업데이트 May 03

AM: Buybacks And Higher Margins Will Support Balanced Future Returns

Analysts have raised their price target for Antero Midstream from $22.43 to $23.29, pointing to updated assumptions that combine a slightly lower revenue growth outlook with higher projected profit margins and a modestly reduced future P/E multiple. What's in the News Antero Midstream reported operating results for the quarter ended March 31, 2026, with Gathering volumes of 3,805 MMcf/d, Centralized Compression of 3,370 MMcf/d, High Pressure Gathering of 3,133 MMcf/d, and Fresh Water Delivery of 83 MBbl/d (Key Developments).
Seeking Alpha Apr 30

Antero Midstream: I Like Everything But The Price (Rating Downgrade)

Summary Antero Midstream now guides for single-digit growth. AM’s stock price has risen substantially since 2020. That rise has pushed valuation metrics, including a P/E ratio nearing 20, to uncomfortable highs. Current pricing exposes investors to downside risk relative to historical valuation norms. This idea has very strong management. The result has been outsized past gains. I am considering selling AM due to its stretched valuation and limited return prospects. Read the full article on Seeking Alpha
내러티브 업데이트 Apr 18

AM: Share Buybacks And Stable Margins Will Support Future Returns

Analysts have modestly raised their price target for Antero Midstream to $22.43 from $22.29, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and forward P/E that remain broadly consistent with prior estimates. What's in the News Antero Midstream completed a share repurchase tranche between October 1, 2025 and December 31, 2025, buying back 2,704,382 shares, or 0.57%, for $48.32 million under its existing program (Key Developments).
내러티브 업데이트 Apr 03

AM: Share Buybacks And Stable Margins Will Support Future Fair Value

Analysts now see Antero Midstream's fair value at about $22.29 per share, up from roughly $21.57. This reflects updated views on its discount rate, revenue growth, profit margin and future P/E assumptions.
내러티브 업데이트 Mar 20

AM: Buybacks And Stable Margins Will Support Fairly Valued Outlook

Analysts have lifted their price target on Antero Midstream to $21.57 from $20.86, citing updated assumptions that combine a modestly different discount rate, an adjusted revenue growth outlook of 5.84% and a projected profit margin of about 42.70%, along with an expected future P/E of roughly 18.85x. What's in the News Antero Midstream completed a share repurchase of 2,704,382 shares, representing 0.57% of shares, for US$48.32 million between October 1, 2025 and December 31, 2025 under its existing buyback program (Key Developments).
내러티브 업데이트 Mar 06

AM: Buybacks And Higher Future P/E Will Support Fairly Valued Outlook

Analysts have lifted their price target on Antero Midstream to $20.86 from $19.57, citing updated assumptions that include higher modeled revenue growth, a lower profit margin, and a higher future P/E multiple. What's in the News Antero Midstream completed a share repurchase of 2,704,382 shares from October 1, 2025 to December 31, 2025, equal to 0.57% of the company, for $48.32 million under its existing buyback program (Key Developments).
내러티브 업데이트 Feb 20

AM: Higher Margins And Buybacks Will Support Fairly Valued Outlook

Analysts have nudged their price target for Antero Midstream higher from $19.00 to about $19.57, reflecting updated views on slightly softer revenue growth assumptions, higher profit margin, and a lower future P/E outlook. What's in the News From October 1, 2025 to December 31, 2025, Antero Midstream repurchased 2,704,382 shares, about 0.57% of shares, for US$48.32 million under its existing buyback program (Key Developments).
내러티브 업데이트 Feb 05

AM: Higher Revenue Outlook And Richer P/E Will Underpin Fair Returns

Analysts have lifted their price target for Antero Midstream to US$19.00, supported by revised assumptions that combine a higher revenue growth outlook and a richer future P/E multiple with a lower projected profit margin. Valuation Changes Fair Value: Updated slightly from US$18.79 to US$19.00, keeping the price target broadly in line with earlier estimates.
내러티브 업데이트 Jan 22

AM: Stable Margins And Share Repurchases Will Continue To Support Fair Returns

Analysts have kept their price target for Antero Midstream broadly steady at about US$18.79. This reflects only very small tweaks to discount rate, revenue growth, profit margin, and expected future P/E assumptions rather than any major shift in their view of the company.
분석 기사 Jan 18

Antero Midstream (NYSE:AM) Is Paying Out A Dividend Of $0.225

Antero Midstream Corporation ( NYSE:AM ) has announced that it will pay a dividend of $0.225 per share on the 11th of...
내러티브 업데이트 Jan 07

AM: Stable Margins And Share Repurchases Will Support Fairly Valued Future Returns

Analysts have nudged their price target for Antero Midstream slightly higher to reflect a fair value of about $18.79, supported by broadly consistent assumptions on discount rate, revenue growth, profit margin, and a modestly adjusted future P/E multiple. Valuation Changes Fair Value: Adjusted slightly from $18.64 to about $18.79 per share.
내러티브 업데이트 Dec 20

AM: Share Repurchases And Stable Margins Will Support Measured Future Returns

Analysts modestly raised their price target on Antero Midstream to align more closely with an updated fair value of 18.64 dollars, citing stronger long term revenue growth expectations that more than offset a slight compression in projected profit margins. What's in the News Completed share repurchase of 6,933,054 shares, or approximately 1.44% of outstanding shares, under the buyback program announced on February 14, 2024 (company filing) Between July 1, 2025 and September 30, 2025, repurchased 2,315,719 shares, or about 0.48% of outstanding shares, for a total consideration of 41.33 million dollars (company filing) Total capital returned via the completed buyback reached 115 million dollars, reflecting the company’s stated focus on shareholder returns (company filing) Valuation Changes Fair Value: Unchanged at approximately 18.64 dollars per share, indicating no revision to the long term intrinsic value estimate.
내러티브 업데이트 Dec 05

AM: Share Repurchases And Stable Profitability Will Support Balanced Outlook

Analysts have nudged their price target on Antero Midstream modestly higher to reflect slightly stronger long term profitability expectations, even as they trim near term revenue growth assumptions and maintain a largely unchanged valuation multiple and discount rate. What's in the News Completed a share repurchase of 6,933,054 shares, or about 1.44 percent of outstanding shares, under the buyback program announced on February 14, 2024 (company filing) The latest tranche from July 1, 2025 to September 30, 2025 retired 2,315,719 shares, roughly 0.48 percent of the share base, for $41.33 million (company filing) Total capital deployed under the current buyback now stands at $115 million, indicating continued management confidence in the company’s long term value (company filing) Valuation Changes Fair Value Estimate, unchanged at $18.64 per share, indicating no material shift in the model’s intrinsic value assessment.
내러티브 업데이트 Nov 21

AM: Share Buybacks And Modest Margin Improvement Will Support Balanced Outlook

Analysts have raised their price target for Antero Midstream from $18.36 to $18.64, citing minor adjustments to discount rates, profit margins, and expected revenue growth. What's in the News From July 1, 2025 to September 30, 2025, Antero Midstream repurchased 2,315,719 shares, representing 0.48 percent of shares, for $41.33 million (Key Developments).
내러티브 업데이트 Nov 06

AM: Buyback Activity And Leadership Transitions Will Shape Outlook Amid Stable Valuation

Analysts have maintained the price target for Antero Midstream at $18.36 per share. They cite a slight decrease in projected revenue growth, but note improved profit margins and a lower estimated future price-to-earnings ratio as supporting factors for their outlook.
내러티브 업데이트 Oct 23

Analysts Raise Antero Midstream Price Target Amid Buyback and Executive Leadership Changes

Analysts have raised their price target for Antero Midstream, increasing it from $18.07 to $18.36 per share. They cite expectations of improved profit margins and a lower discount rate, despite slightly moderated revenue growth projections.
분석 기사 Oct 12

Antero Midstream (NYSE:AM) Will Pay A Dividend Of $0.225

Antero Midstream Corporation's ( NYSE:AM ) investors are due to receive a payment of $0.225 per share on 5th of...
분석 기사 Sep 07

Antero Midstream Corporation's (NYSE:AM) Price In Tune With Earnings

There wouldn't be many who think Antero Midstream Corporation's ( NYSE:AM ) price-to-earnings (or "P/E") ratio of 19.2x...
내러티브 업데이트 Sep 04

Gulf Coast LNG Expansion And Appalachia Will Secure Future Success

With the consensus price target, future P/E, and discount rate for Antero Midstream all effectively unchanged, analysts’ fair value estimate remains steady at $18.07. What's in the News Michael N.
분석 기사 Jul 05

Antero Midstream (NYSE:AM) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 Jun 20

Do Antero Midstream's (NYSE:AM) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
분석 기사 Jun 02

Antero Midstream (NYSE:AM) Is Looking To Continue Growing Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Seeking Alpha Mar 17

Antero Midstream: Have Your Cake And Eat It Too

Summary Antero Midstream Corporation offers a compelling 5.3% dividend yield, robust free cash flow, and a high 19% ROIC, making it attractive for income-focused investors. Strategic investments, including a recent bolt-on acquisition and infrastructure expansions, position AM for sustained growth and diversification. Management's focus on deleveraging, share repurchases, and disciplined capital allocation further enhances shareholder value. AM's strong balance sheet and projected EPS growth of 10%-14% over the next two years justify its current valuation and market-beating potential. Read the full article on Seeking Alpha
Seeking Alpha Feb 14

Antero Midstream: Free Cash Flow Ahead Of Guidance

Summary Antero Midstream exceeded management's free cash flow guidance and projects further growth despite an increasing capital budget. Conservative leverage and strategic share repurchases demonstrate prudent financial management. Potential free cash flow growth may be impacted by opportunistic acquisitions or significant events. This idea should have a total return in the teens. Read the full article on Seeking Alpha
Seeking Alpha Dec 26

Antero Midstream: Buybacks Likely To Be Limited

Summary Antero Midstream's focus on supporting Antero Resources limits its growth and acquisition opportunities, making it less appealing for long-term investors. Despite a 6% dividend yield, the company's reluctance to increase dividends or aggressively buy back shares dampens investor enthusiasm. Management's likely prioritization of capital expenditures over buybacks, such as investing in new gas processing plants, reduces potential shareholder returns. Given the lack of catalysts and relatively high stock price, Antero Midstream is unlikely to outperform other midstream opportunities. Read the full article on Seeking Alpha
Seeking Alpha Nov 15

Antero Midstream May Start Share Repurchases Soon

Summary Antero Midstream may generate close to $90 million in free cash flow after dividends in Q4 2024. It should reach its leverage target for starting share repurchases. Share repurchases, lower interest costs and CPI-based adjustments to fees should all incrementally boost its free cash flow per share. Free cash flow after dividends is projected to increase from $245 million in 2024 to $310 million in 2026. Read the full article on Seeking Alpha
Seeking Alpha Nov 03

My 6.3% Yielding Crown Jewel: Why Antero Midstream Remains A Strong Buy

Summary Antero Midstream, my highest-yielding dividend stock, plays a crucial role in my portfolio. It accounts for over 14% of my dividend income and remains a top conviction pick. Despite past challenges and a dividend cut in 2021, Antero Midstream has rebounded strongly. The company reduced debt and leveraged its relationship with Antero Resources. With its 6.3% yield and improved fundamentals, Antero Midstream is poised for continued growth. Read the full article on Seeking Alpha
Seeking Alpha Sep 13

Antero Midstream: The Price Is Still Too High To Go Long

Summary Antero Midstream Corporation's valuation remains high, making it challenging to deliver strong total returns compared to peers like Enterprise Products Partners, Energy Transfer, and MPLX LP. Despite solid fundamentals and a 5% year-over-year EBITDA growth, Antero's EV/EBITDA is 11% above its 5-year average, limiting its appeal. On top of this, the management has decided to focus on share buybacks when allocating the excess liquidity, which seems suboptimal given the rich multiple. In this article, I elaborate on Q2 2024 financials and explain in more detail why I have not turned bullish here. Read the full article on Seeking Alpha
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새로운 내러티브 Aug 28

Strategic Acquisitions And Refinancing Bolster Future Revenue And Shareholder Returns

Strategic acquisitions and Antero Resources' low breakeven gas prices enhance Antero Midstream's revenue prospects through increased throughput and demand for midstream infrastructure.
Seeking Alpha Aug 02

Antero Midstream Q2: Financial Ratings Upgrade And Acquisition Lead To Cash Flow Acceleration

Summary The program of acquiring assets at a discount through small acquisitions continues with yet another acquisition announcement. Antero Midstream's recent acquisition will lower the capital budget, and increase free cash flow growth. S&P's investment grade upgrade for parent company Antero Resources also benefits Antero Midstream which also received a debt rating upgrade. Debt ratio reduction is mainly through EBITDA growth. Free cash flow is growing far faster than originally envisioned as a result of these acquisitions. Read the full article on Seeking Alpha

매출 및 비용 세부 내역

Antero Midstream가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.


순이익 및 매출 추이

NYSE:AM 매출, 비용 및 순이익 (USD Millions)
날짜매출순이익일반관리비연구개발비
31 Mar 261,286410870
31 Dec 251,259413880
30 Sep 251,250472870
30 Jun 251,225456890
31 Mar 251,189417880
31 Dec 241,177400860
30 Sep 241,150390830
30 Jun 241,144388780
31 Mar 241,132389750
31 Dec 231,112371710
30 Sep 231,094354680
30 Jun 231,061340640
31 Mar 231,032332620
31 Dec 22991326620
30 Sep 22966322640
30 Jun 22959327660
31 Mar 22963328640
31 Dec 21969331640
30 Sep 21956329600
30 Jun 21965345580
31 Mar 21952353570
31 Dec 20971-123520
30 Sep 201,007-344720
30 Jun 201,028-739900
31 Mar 201,055-7581120
31 Dec 19850-3561120
30 Sep 19593-193910
30 Jun 19320114710
31 Mar 195659480
31 Dec 18061440
30 Sep 182449410
30 Jun 184334390
31 Mar 185819400
31 Dec 1706410
30 Sep 17546330
30 Jun 17395240
31 Mar 17279110
31 Dec 16171010
30 Sep 1610600
31 Dec 151100

양질의 수익: AM는 고품질 수익을 보유하고 있습니다.

이익 마진 증가: AM의 현재 순 이익률 (31.9%)은 지난해 (35.1%)보다 낮습니다.


잉여현금흐름 대비 순이익 분석


과거 순이익 성장 분석

수익추이: AM의 수익은 지난 5년 동안 연평균 6.6% 증가했습니다.

성장 가속화: AM은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.

수익 대 산업: AM은 지난 1년 동안 수익이 감소(-1.7%)하여 Oil and Gas 업계 평균(-1.7%)과 비교하기 어렵습니다.


자기자본이익률

높은 ROE: AM의 자본 수익률(21.21%)은 높음이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.


총자산이익률


투하자본수익률


우수한 과거 실적 기업을 찾아보세요

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/20 12:07
종가2026/05/20 00:00
수익2026/03/31
연간 수익2025/12/31

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산업 및 섹터 지표

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분석가 소스

Antero Midstream Corporation는 20명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Ethan BellamyBaird
Marc SolecittoBarclays
Akil MarshBrean Capital Historical (Janney Montgomery)