Antero Midstream Financials

AM Stock

USD 21.45 0.54 2.58%

Antero Midstream Partners is doing better financially today then in previous quarter. It has a moderate risk of reporting better financial numbers in March. At this time, Antero Midstream's Inventory is very stable compared to the past year. As of the 17th of February 2026, Other Current Assets is likely to grow to about 97.3 M, while Other Current Liabilities is likely to drop about 66.9 M.

Yuan Drop

Covid

Interest Hikes

Antero Midstream Balance Sheet Chart

At this time, Antero Midstream's Inventory is very stable compared to the past year. As of the 17th of February 2026, Other Current Assets is likely to grow to about 97.3 M, while Other Current Liabilities is likely to drop about 66.9 M.

Total Assets Other Current Liab Total Current Liabilities Accounts Payable

Add Fundamental

Key indicators impacting Antero Midstream's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Debt Equity Ratio

1.55

1.6341

Notably Down

Slightly volatile

Current Ratio

3.58

3.4074

Sufficiently Up

Slightly volatile

Investors should never underestimate Antero Midstream's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to research Antero Midstream's cash flow, debt, and profitability to make informed and accurate decisions about investing in Antero Midstream Partners.

Cash And Equivalents

189.46 Million

Build AI portfolio with Antero Stock

Understanding current and past Antero Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Antero Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in Antero Midstream's assets may result in an increase in income on the income statement.

Antero Midstream Stock Summary

Antero Midstream competes with Hess Midstream, Range Resources, APA, Antero Resources, and Permian Resources. Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. The company was incorporated in 2013 and is headquartered in Denver, Colorado. Antero Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 519 people.

Specialization	Energy, Oil & Gas Midstream
Instrument	USA Stock View All
Exchange	New York Stock Exchange
ISIN	US03676B1026
Business Address	1615 Wynkoop Street,
Sector	Oil, Gas & Consumable Fuels
Industry	Energy
Benchmark	Dow Jones Industrial
Website	www.anteromidstream.com
Phone	303 357 7310
Currency	USD - US Dollar

Antero Midstream Key Financial Ratios

	Return On Equity	0.2
	Profit Margin	0.35 %
	Operating Margin	0.59 %
	Price To Sales	8.60 X
	Revenue	1.19 B

More Fundamentals

Antero Midstream Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	5.5B	5.8B	5.7B	5.9B	5.9B	3.4B
Other Current Liab	85.0M	73.6M	85.9M	77.9M	106.1M	66.9M
Accounts Payable	23.6M	22.9M	10.5M	16.4M	5.4M	10.5M
Long Term Debt	3.1B	3.4B	3.2B	3.1B	3.2B	2.1B
Total Liab	3.3B	3.6B	3.6B	3.8B	3.9B	4.1B
Other Assets	12.7M	12.0M	(118.1M)	13.3M	389.8M	232.4M
Net Tangible Assets	1.1B	990.8M	929.9M	906.2M	1.0B	681.4M
Retained Earnings	(132.5M)	82.8M	100.4M	90.5M	14.8M	15.5M
Cash	1.2M	640K	0.0	66K	180.4M	189.5M
Net Receivables	82.9M	87.7M	89.6M	115.2M	106.8M	78.9M
Other Current Assets	920K	1.3M	1.5M	2.9M	92.7M	97.3M
Total Current Assets	83.8M	89.0M	91.1M	118.1M	379.9M	398.9M
Intangible Assets	1.4B	1.3B	1.2B	1.1B	1.1B	900.3M
Common Stock	4.8M	4.8M	4.8M	4.8M	4.7M	4.5M
Net Debt	3.1B	3.4B	3.2B	3.1B	3.0B	2.3B
Long Term Debt Total	3.1B	3.4B	3.2B	3.1B	3.2B	2.4B
Cash And Equivalents	1.2M	640K	0.0	66K	180.4M	189.5M
Net Invested Capital	5.4B	5.6B	5.4B	5.2B	5.2B	4.7B
Net Working Capital	(30.2M)	(13.1M)	(5.3M)	17.5M	268.4M	281.8M
Capital Surpluse	2.4B	2.1B	2.0B	2.0B	2.0B	1.9B

Antero Midstream Key Income Statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Interest Expense	175.3M	189.9M	217.2M	207.0M	190.4M	102.1M
Total Revenue	968.9M	990.7M	1.1B	1.2B	1.2B	706.9M
Cost Of Revenue	336.6M	382.7M	419.9M	428.6M	436.9M	293.5M
Gross Profit	632.3M	608.0M	692.5M	748.2M	822.2M	483.4M
Operating Income	555.3M	539.5M	611.9M	659.2M	644.7M	676.9M
Ebit	624.0M	633.7M	717.3M	755.6M	869.0M	912.4M
Income Before Tax	448.7M	443.7M	500.1M	548.6M	564.2M	592.4M
Net Income	331.6M	326.2M	371.8M	400.9M	413.2M	433.8M
Income Tax Expense	117.1M	117.5M	128.3M	147.7M	(151.0M)	(143.5M)
Ebitda	803.5M	836.1M	924.0M	966.3M	644.7M	476.5M
Tax Provision	117.1M	117.5M	130.1M	147.7M	151.0M	158.6M
Net Interest Income	(175.3M)	(189.9M)	(217.7M)	(207.0M)	(190.4M)	(199.9M)
Interest Income	84.8M	95.7M	111.8M	96.5M	74.0M	71.7M

Antero Midstream Key Cash Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Capital Expenditures	232.8M	515.7M	184.0M	242.3M	162.3M	256.0M
Investments	(2.1M)	17M	(407.4M)	(242.7M)	(218.5M)	(229.4M)
Change In Cash	(640K)	0.0	66K	(66K)	262.9M	276.1M
Net Borrowings	16.2M	234.5M	(151.9M)	(106.7M)	115.7M	168.0M
Dividends Paid	471.7M	433.4M	435.4M	438.2M	439.0M	360.9M
Net Income	331.6M	326.2M	371.8M	400.9M	413.2M	433.8M
End Period Cash Flow	1.2M	640K	0.0	66K	262.9M	276.1M
Change To Netincome	746.6M	699.4M	188.2M	159.9M	183.9M	223.8M
Free Cash Flow	476.9M	184.0M	595.1M	601.7M	932.5M	979.1M
Other Non Cash Items	63.6M	28.7M	38.3M	45.4M	189.6M	173.6M

Antero Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Antero Midstream's current stock value. Our valuation model uses many indicators to compare Antero Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Antero Midstream competition to find correlations between indicators driving Antero Midstream's intrinsic value. More Info.

Antero Midstream Partners is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Antero Midstream Partners is roughly 2.57 . At this time, Antero Midstream's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Antero Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Most indicators from Antero Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antero Midstream Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Antero Midstream's Tax Provision is very stable compared to the past year. As of the 17th of February 2026, Enterprise Value Over EBITDA is likely to grow to 23.12, while Sales General And Administrative To Revenue is likely to drop 0.05.

	2023	2024	2025	2026 (projected)
Gross Profit	692.5M	748.2M	822.2M	483.4M
Cost Of Revenue	419.9M	428.6M	436.9M	293.5M

Gross Profit Cost Of Revenue

Antero Midstream fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Long Term Debt	Total Liab	Property Plant Equipment	Other Assets	Other Liab	Net Tangible Assets	Retained Earnings	Cash	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Short Long Term Debt	Total Current Assets	Common Stock	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments
Total Assets		0.81	0.85	0.97	0.64	0.85	0.95	0.76	0.32	0.22	0.11	-0.15	-0.4	0.8	0.98	0.27	0.77	0.68	0.03	-0.62	0.78	0.78	0.98	0.99	0.69	0.24
Other Current Liab	0.81		0.99	0.88	0.31	0.58	0.71	0.47	0.18	-0.04	0.25	-0.32	-0.2	0.66	0.73	0.2	0.84	0.43	0.13	-0.39	0.51	0.49	0.74	0.79	0.49	0.18
Total Current Liabilities	0.85	0.99		0.91	0.4	0.65	0.75	0.54	0.18	-0.02	0.23	-0.32	-0.26	0.72	0.78	0.18	0.85	0.49	0.1	-0.45	0.59	0.57	0.78	0.84	0.54	0.16
Total Stockholder Equity	0.97	0.88	0.91		0.62	0.76	0.88	0.68	0.34	0.07	0.2	-0.25	-0.34	0.77	0.92	0.19	0.85	0.57	0.06	-0.53	0.69	0.68	0.92	0.94	0.6	0.16
Accounts Payable	0.64	0.31	0.4	0.62		0.48	0.61	0.43	0.13	-0.07	0.12	0.09	-0.32	0.4	0.66	-0.04	0.49	0.28	-0.09	-0.23	0.39	0.41	0.69	0.63	0.25	-0.08
Long Term Debt	0.85	0.58	0.65	0.76	0.48		0.84	0.95	0.29	0.34	-0.32	-0.31	-0.66	0.83	0.88	0.25	0.42	0.92	-0.27	-0.88	0.95	0.94	0.81	0.87	0.82	0.23
Total Liab	0.95	0.71	0.75	0.88	0.61	0.84		0.77	0.29	0.3	0.01	-0.05	-0.33	0.79	0.97	0.49	0.67	0.67	0.15	-0.67	0.81	0.84	0.96	0.97	0.81	0.46
Property Plant Equipment	0.76	0.47	0.54	0.68	0.43	0.95	0.77		0.21	0.5	-0.52	-0.21	-0.78	0.67	0.79	0.23	0.23	0.96	-0.41	-0.94	0.92	0.93	0.72	0.79	0.79	0.22
Other Assets	0.32	0.18	0.18	0.34	0.13	0.29	0.29	0.21		-0.15	0.04	-0.63	-0.15	0.25	0.34	0.1	0.37	0.24	-0.01	-0.23	0.26	0.17	0.32	0.32	0.25	0.09
Other Liab	0.22	-0.04	-0.02	0.07	-0.07	0.34	0.3	0.5	-0.15		-0.49	0.45	-0.37	-0.02	0.27	0.26	-0.27	0.55	-0.21	-0.6	0.44	0.51	0.24	0.25	0.38	0.28
Net Tangible Assets	0.11	0.25	0.23	0.2	0.12	-0.32	0.01	-0.52	0.04	-0.49		0.13	0.73	0.13	0.03	-0.04	0.63	-0.59	0.7	0.64	-0.34	-0.34	0.1	0.03	-0.27	-0.07
Retained Earnings	-0.15	-0.32	-0.32	-0.25	0.09	-0.31	-0.05	-0.21	-0.63	0.45	0.13		0.32	-0.34	-0.12	0.17	-0.27	-0.29	0.29	0.27	-0.25	-0.13	-0.06	-0.16	-0.18	0.16
Cash	-0.4	-0.2	-0.26	-0.34	-0.32	-0.66	-0.33	-0.78	-0.15	-0.37	0.73	0.32		-0.25	-0.43	0.31	0.07	-0.8	0.88	0.77	-0.61	-0.6	-0.38	-0.44	-0.32	0.31
Net Receivables	0.8	0.66	0.72	0.77	0.4	0.83	0.79	0.67	0.25	-0.02	0.13	-0.34	-0.25		0.8	0.3	0.65	0.59	0.12	-0.54	0.76	0.75	0.74	0.8	0.72	0.27
Common Stock Shares Outstanding	0.98	0.73	0.78	0.92	0.66	0.88	0.97	0.79	0.34	0.27	0.03	-0.12	-0.43	0.8		0.32	0.71	0.72	0.02	-0.68	0.82	0.83	0.99	0.99	0.74	0.29
Other Current Assets	0.27	0.2	0.18	0.19	-0.04	0.25	0.49	0.23	0.1	0.26	-0.04	0.17	0.31	0.3	0.32		0.11	0.2	0.65	-0.27	0.31	0.31	0.3	0.3	0.66	1.0
Other Stockholder Equity	0.77	0.84	0.85	0.85	0.49	0.42	0.67	0.23	0.37	-0.27	0.63	-0.27	0.07	0.65	0.71	0.11		0.15	0.35	-0.1	0.36	0.34	0.75	0.74	0.33	0.07
Short Long Term Debt	0.68	0.43	0.49	0.57	0.28	0.92	0.67	0.96	0.24	0.55	-0.59	-0.29	-0.8	0.59	0.72	0.2	0.15		-0.47	-0.96	0.91	0.89	0.63	0.72	0.77	0.2
Total Current Assets	0.03	0.13	0.1	0.06	-0.09	-0.27	0.15	-0.41	-0.01	-0.21	0.7	0.29	0.88	0.12	0.02	0.65	0.35	-0.47		0.43	-0.22	-0.21	0.05	0.0	0.11	0.63
Common Stock	-0.62	-0.39	-0.45	-0.53	-0.23	-0.88	-0.67	-0.94	-0.23	-0.6	0.64	0.27	0.77	-0.54	-0.68	-0.27	-0.1	-0.96	0.43		-0.89	-0.89	-0.6	-0.68	-0.78	-0.28
Short Long Term Debt Total	0.78	0.51	0.59	0.69	0.39	0.95	0.81	0.92	0.26	0.44	-0.34	-0.25	-0.61	0.76	0.82	0.31	0.36	0.91	-0.22	-0.89		0.98	0.72	0.82	0.91	0.29
Property Plant And Equipment Net	0.78	0.49	0.57	0.68	0.41	0.94	0.84	0.93	0.17	0.51	-0.34	-0.13	-0.6	0.75	0.83	0.31	0.34	0.89	-0.21	-0.89	0.98		0.74	0.82	0.89	0.3
Net Debt	0.98	0.74	0.78	0.92	0.69	0.81	0.96	0.72	0.32	0.24	0.1	-0.06	-0.38	0.74	0.99	0.3	0.75	0.63	0.05	-0.6	0.72	0.74		0.98	0.64	0.27
Non Current Assets Total	0.99	0.79	0.84	0.94	0.63	0.87	0.97	0.79	0.32	0.25	0.03	-0.16	-0.44	0.8	0.99	0.3	0.74	0.72	0.0	-0.68	0.82	0.82	0.98		0.73	0.27
Non Currrent Assets Other	0.69	0.49	0.54	0.6	0.25	0.82	0.81	0.79	0.25	0.38	-0.27	-0.18	-0.32	0.72	0.74	0.66	0.33	0.77	0.11	-0.78	0.91	0.89	0.64	0.73		0.65
Cash And Short Term Investments	0.24	0.18	0.16	0.16	-0.08	0.23	0.46	0.22	0.09	0.28	-0.07	0.16	0.31	0.27	0.29	1.0	0.07	0.2	0.63	-0.28	0.29	0.3	0.27	0.27	0.65

Click cells to compare fundamentals

Antero Midstream Account Relationship Matchups

Antero Midstream fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	5.5B	5.8B	5.7B	5.9B	5.9B	3.4B
Other Current Liab	85.0M	73.6M	85.9M	77.9M	106.1M	66.9M
Accounts Payable	23.6M	22.9M	10.5M	16.4M	5.4M	10.5M
Long Term Debt	3.1B	3.4B	3.2B	3.1B	3.2B	2.1B
Total Liab	3.3B	3.6B	3.6B	3.8B	3.9B	4.1B
Other Assets	12.7M	12.0M	(118.1M)	13.3M	389.8M	232.4M
Net Tangible Assets	1.1B	990.8M	929.9M	906.2M	1.0B	681.4M
Retained Earnings	(132.5M)	82.8M	100.4M	90.5M	14.8M	15.5M
Cash	1.2M	640K	0.0	66K	180.4M	189.5M
Net Receivables	82.9M	87.7M	89.6M	115.2M	106.8M	78.9M
Other Current Assets	920K	1.3M	1.5M	2.9M	92.7M	97.3M
Total Current Assets	83.8M	89.0M	91.1M	118.1M	379.9M	398.9M
Intangible Assets	1.4B	1.3B	1.2B	1.1B	1.1B	900.3M
Common Stock	4.8M	4.8M	4.8M	4.8M	4.7M	4.5M
Net Debt	3.1B	3.4B	3.2B	3.1B	3.0B	2.3B
Long Term Debt Total	3.1B	3.4B	3.2B	3.1B	3.2B	2.4B
Cash And Equivalents	1.2M	640K	0.0	66K	180.4M	189.5M
Net Invested Capital	5.4B	5.6B	5.4B	5.2B	5.2B	4.7B
Net Working Capital	(30.2M)	(13.1M)	(5.3M)	17.5M	268.4M	281.8M
Capital Surpluse	2.4B	2.1B	2.0B	2.0B	2.0B	1.9B

Today, most investors in Antero Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Antero Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Antero Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

5.98

At this time, Antero Midstream's Price Earnings To Growth Ratio is very stable compared to the past year.

Antero Midstream February 17, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Antero Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Antero Midstream Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Antero Midstream Partners based on widely used predictive technical indicators. In general, we focus on analyzing Antero Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Antero Midstream's daily price indicators and compare them against related drivers.

	Downside Deviation	1.38
	Information Ratio	0.1975
	Maximum Drawdown	5.56
	Value At Risk	(1.86)
	Potential Upside	2.5

How To Invest In Antero

Details

Is Antero Stock a good investment?

Details

What is Antero Midstream's Net Worth?

Details

Largest Oil & Gas Storage & Transportation Companies

View

Largest Oil & Gas Midstream Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antero Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Will Oil & Gas Storage & Transportation sector continue expanding? Could Antero diversify its offerings? Factors like these will boost the valuation of Antero Midstream. If investors know Antero will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Antero Midstream data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.

Quarterly Earnings Growth

(0.53)

Earnings Share

0.86

Revenue Per Share

2.487

Quarterly Revenue Growth

0.031

Return On Assets

0.0786

Antero Midstream Partners's market price often diverges from its book value, the accounting figure shown on Antero's balance sheet. Smart investors calculate Antero Midstream's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Antero Midstream's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.

Understanding that Antero Midstream's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Antero Midstream represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Antero Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

Antero Midstream Financials

Antero Midstream Balance Sheet Chart

Cash And Equivalents

189.46 Million

Antero Midstream Stock Summary

Antero Midstream Key Financial Ratios

Antero Midstream Key Balance Sheet Accounts

Antero Midstream Key Income Statement Accounts

Antero Midstream Key Cash Accounts

Antero Financial Ratios Relationships

Antero Midstream fundamental ratios Correlations

Antero Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Antero Midstream fundamental ratios Accounts

Price Earnings To Growth Ratio

5.98

Antero Midstream February 17, 2026 Opportunity Range

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Other Current Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Net Debt	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Common Stock Shares Outstanding
Common Stock Shares Outstanding	+ 0.98	Total Assets

Common Stock	- 0.96	Short Long Term Debt
Common Stock	- 0.94	Property Plant Equipment
Property Plant And Equipment Net	- 0.89	Common Stock
Short Long Term Debt Total	- 0.89	Common Stock
Common Stock	- 0.88	Long Term Debt
Short Long Term Debt	- 0.8	Cash