AM
$20.36+0.49%
as of close, Oct 2, 2026
☾ AH $20.36 +0.49%
Antero Midstream CorporationStock · UtilitiesRussell 1000 0.01%Russell 3000 0.01%US Stock Market 0.01%
AM financial statements
The full income statement, balance sheet, and cash-flow statement for Antero Midstream Corporation (AM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 481.3M2024-09 481.3M2024-12 478.6M2025-03 479.2M2025-06 478.5M2025-09 476.3M2025-12 473.1M2026-03 475.0M2026-06 474.7M-1.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.19B+7.4% | 1.11B+6.2% | 1.04B+13.2% | 920M+2.4% | 898M-0.3% | |
| 544M+21.6% | 447M+4.0% | 430M+13.0% | 381M+11.0% | 343M-66.3% | ||
| Selling, general & administrative | 87.9M+2.1% | 86.1M+21.1% | 71.1M+14.4% | 62.1M-2.7% | 63.8M+22.3% | |
| General & administrative | 87.9M+2.1% | 86.1M+21.1% | 71.1M+14.4% | 62.1M-2.7% | 63.8M+22.3% | |
| Amortization of intangibles | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | |
| Operating income | 645M-2.2% | 659M+7.7% | 612M+13.4% | 539M-2.9% | 555M+572.1% | |
| Net interest income | — | — | -217M-14.4% | -190M-8.4% | -175M-19.2% | |
| Other non-operating income | -80.5M+27.2% | -111M+1.1% | -112M-16.8% | -95.7M+10.2% | -107M-76.0% | |
| Equity-method income | 116M+5.3% | 111M+4.9% | 105M+11.9% | 94.2M+4.2% | 90.5M+4.7% | |
| Pre-tax income | 564M+2.8% | 549M+9.7% | 500M+12.7% | 444M-1.1% | 449M+351.8% | |
| Income tax | 151M+2.2% | 148M+15.2% | 128M+9.2% | 117M+0.3% | 117M+310.3% | |
| 413M+3.1% | 401M+7.8% | 372M+14.0% | 326M-1.6% | 332M+370.6% | ||
| Net income to common | 413M+3.1% | 400M+7.8% | 371M+14.0% | 326M-1.6% | 331M+369.0% | |
| $0.86+3.6% | $0.83+7.8% | $0.77+13.2% | $0.68-1.4% | $0.69+365.4% | ||
| EPS (basic) | $0.86+3.6% | $0.83+7.8% | $0.77+13.2% | $0.68-1.4% | $0.69+365.4% | |
| Weighted-avg shares (basic) | 478M-0.6% | 481M+0.3% | 479M+0.2% | 478M+0.2% | 477M-0.2% | |
| Weighted-avg shares (diluted) | 482M-0.6% | 485M+0.6% | 482M+0.4% | 480M+0.1% | 480M+0.3% | |
| Dividends per share | $0.93+1.5% | $0.91+0.9% | $0.91+0.2% | $0.90-8.3% | $0.99-20.2% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 380M+221.7% | 118M+29.6% | 91.1M+2.4% | 89.0M+6.2% | 83.8M-10.8% | ||
| Cash & equivalents | 180M | — | 66.0K | 0.00 | — | |
| Accounts receivable | — | — | — | 575K-23.0% | 747K-11.0% | |
| Other current assets | 2.67M+30.1% | 2.05M+36.8% | 1.50M+13.1% | 1.33M+44.1% | 920K-37.8% | |
| 5.88B+2.1% | 5.76B+0.4% | 5.74B-0.9% | 5.79B+4.5% | 5.54B-1.2% | ||
| Property, plant & equipment | 3.45B-11.0% | 3.88B+2.3% | 3.79B+1.1% | 3.75B+10.5% | 3.39B+4.3% | |
| Intangible assets | 1.07B-6.2% | 1.14B-5.8% | 1.22B-5.5% | 1.29B-5.2% | 1.36B-5.0% | |
| Other non-current assets | 10.8M-19.2% | 13.3M+22.6% | 10.9M-9.5% | 12.0M-5.1% | 12.7M+31.8% | |
| 111M+10.8% | 101M+4.4% | 96.4M-5.5% | 102M-10.5% | 114M+21.3% | ||
| Accounts payable | — | — | — | 22.9M-3.1% | 23.6M+148.5% | |
| Accrued liabilities | 91.5M+9.5% | 83.6M+3.6% | 80.6M+10.9% | 72.7M-10.0% | 80.8M+7.9% | |
| Other current liabilities | 1.92M+203.0% | 635K-23.6% | 831K-21.7% | 1.06M-77.0% | 4.62M-18.9% | |
| 3.91B+7.3% | 3.65B+1.7% | 3.59B-0.4% | 3.60B+10.5% | 3.26B+2.0% | ||
| Long-term debt | 3.22B+3.4% | 3.12B-3.0% | 3.21B-4.4% | 3.36B+7.6% | 3.12B+1.0% | |
| Deferred tax liabilities | 563M+36.1% | 414M+55.6% | 266M+102.6% | 131M+856.3% | 13.7M | |
| Other non-current liabilities | 12.0M-21.8% | 15.4M+48.4% | 10.4M+134.3% | 4.43M-33.5% | 6.66M-4.7% | |
| 1.97B-6.8% | 2.12B-1.7% | 2.15B-1.9% | 2.19B-4.1% | 2.29B-5.4% | ||
| Common stock | 4.74M-1.1% | 4.79M-0.1% | 4.80M+0.3% | 4.79M+0.2% | 4.78M+0.2% | |
| Additional paid-in capital | 1.95B-3.3% | 2.02B-1.3% | 2.05B-2.8% | 2.10B-12.8% | 2.41B-16.1% | |
| Retained earnings | 14.8M-83.7% | 90.5M-9.9% | 100M+21.3% | 82.8M+162.5% | -132M+71.5% | |
| Total liabilities & equity | 5.88B+2.1% | 5.76B+0.4% | 5.74B-0.9% | 5.79B+4.5% | 5.54B-1.2% | |
| Common shares issued | 474M-1.1% | 479M-0.1% | 480M+0.3% | 478M+0.2% | 477M+0.2% | |
| Common shares outstanding | 474M-1.1% | 479M-0.1% | 480M+0.3% | 478M+0.2% | 477M+0.2% | |
| Shares outstanding (cover) | 473M-1.2% | 479M-0.2% | 480M+0.2% | 479M+0.2% | 478M+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 932M+10.5% | 844M+8.3% | 779M+11.4% | 700M-1.4% | 710M-5.8% | ||
| Depreciation & amortization | 205M-2.7% | 211M+1.9% | 207M+2.1% | 202M+12.8% | 179M+65.0% | |
| Intangible amortization | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | 70.7M+0.0% | |
| Share-based compensation | 46.0M+3.7% | 44.3M+40.3% | 31.6M+60.8% | 19.7M+45.3% | 13.5M+5.9% | |
| Deferred income taxes | 149M+1.1% | 148M+9.7% | 135M+14.6% | 117M+0.3% | 117M+68593.0% | |
| Change in receivables | -325K+56.6% | -748K-108.4% | -359K+50.3% | -723K+20.0% | -904K+37.0% | |
| Change in payables | -2.08M-155.8% | 3.72M+147.9% | -7.77M-197.4% | 7.97M+1047.2% | 695K-42.1% | |
| Other operating activities | 192K-78.9% | 912K-87.0% | 7.01M | — | — | |
| -169M+30.3% | -243M-32.5% | -183M+62.9% | -494M-111.7% | -233M-6.4% | ||
| Capital expenditure | — | 70.0M+26212.8% | 266K-99.9% | 217M | — | |
| Free cash flow | — | 774M-0.6% | 779M+61.3% | 483M | — | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 304K+115.2% | -2.00M-89.5% | -1.05M | — | — | |
| -500M+16.8% | -601M-0.9% | -596M-189.5% | -206M+56.9% | -477M+10.8% | ||
| Long-term debt issued | 1.25B+108.3% | 600M | 0.00 | 0.00-100.0% | 750M+36.4% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 135M+370.5% | 28.7M | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 439M+0.3% | 438M+0.6% | 435M+0.5% | 433M-8.1% | 471M-20.1% | |
| Other financing activities | — | — | — | — | -41.0K+74.4% | |
| Net change in cash | 263M+398486.4% | -66.0K-200.0% | 66.0K | — | -640K-7.6% | |
| Interest paid | 188M-1.2% | 190M-11.2% | 214M+16.9% | 183M+1.9% | 180M+27.7% | |
| Income taxes paid | 2.60M+2600.0% | -104K+98.9% | -9.63M | — | 16.3M-58.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 8.42B+16.5% | 7.22B+20.2% | 6.01B+16.4% | 5.16B+11.7% | 4.62B+25.8% | |
| P/E | 20.4×+13.1% | 18.0×+6.1% | 17.0×+5.9% | 16.0×+15.0% | 13.9× | |
| P/S | 7.1×+8.5% | 6.5×+11.1% | 5.9×+1.8% | 5.8×+12.1% | 5.1×+26.1% | |
| P/B | 4.3×+25.0% | 3.4×+22.2% | 2.8×+19.7% | 2.3×+15.4% | 2.0×+33.0% | |
| P/FCF | 10.9×+16.5% | 9.3×-25.0% | 12.4×+43.6% | 8.7×+11.7% | 7.8×+25.8% | |
| Earnings yield | 4.9%-11.6% | 5.6%-5.8% | 5.9%-5.6% | 6.2%-13.0% | 7.2% | |
| FCF yield | 9.2%-14.2% | 10.7%+33.4% | 8.0%-30.3% | 11.5%-10.4% | 12.9%-20.5% | |
| Dividend yield | 5.2%-13.9% | 6.1%-16.2% | 7.2%-13.7% | 8.4%-17.7% | 10.2%-36.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AM filings on SEC EDGAR → Not investment advice.