Antero Midstream (AM) vs UGI (UGI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
UGI (UGI) has outperformed Antero Midstream (AM) over the past year, gaining 13.5% versus a gain of 9.0%. Over five years, AM leads with a +83.7% price change compared with -17.0% for UGI. Antero Midstream is the larger company by market cap ($9.90 billion vs $7.86 billion), about 1.3 times the size.
On valuation, UGI trades at a lower forward P/E (11.4x vs 12.9x for Antero Midstream). Antero Midstream offers the higher dividend yield (4.32% vs 4.09%). Antero Midstream converts more of its revenue into profit, with a net margin of 34.8% versus 9.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AM | UGI |
|---|---|---|
| Share price | $20.85 | $36.65 |
| Market cap | $9.90B | $7.86B |
| 1-day change | -1.37% | -1.35% |
| YTD return | +17.20% | -2.08% |
| 1-year return | +8.99% | +13.50% |
| 5-year return | +83.70% | -17.01% |
| P/E ratio (TTM) | 25.12 | 12.18 |
| Forward P/E | 12.94 | 11.38 |
| EPS (TTM) | $0.83 | $3.01 |
| Dividend yield | 4.32% | 4.09% |
| Annual dividend | $0.90 | $1.50 |
| Revenue (latest FY) | $1.19B | $7.29B |
| Revenue growth (YoY) | +7.43% | +1.07% |
| Net income (latest FY) | $413.16M | $678.00M |
| Gross margin | — | 49.86% |
| Operating margin | 54.25% | 15.19% |
| Net margin | 34.77% | 9.30% |
| 52-week high | $23.84 | $41.34 |
| 52-week low | $16.96 | $31.62 |
| Distance from 52-week high | -12.52% | -11.34% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +15.11% | +18.01% |
| Average volume | 2.36M | 1.95M |
| Shares outstanding | 474.67M | 214.49M |
| Employees | 632 | 9,400 |
| Sector | Energy | Utilities |
| Industry | Oil & Gas Midstream | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Antero Midstream trades at a higher earnings multiple (25.1x vs 12.2x trailing P/E).
- Antero Midstream is more profitable, keeping 34.8 cents of every revenue dollar as net income versus 9.3 cents for UGI.
- Antero Midstream grew revenue faster in its latest fiscal year (+7.43% vs +1.07%).
- The two companies sit in different sectors: Antero Midstream in Energy and UGI in Utilities.
About Antero Midstream
AM stock →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.
Energy · Oil & Gas Midstream · 632 employees
About UGI
UGI stock →UGI Corporation, together with its subsidiaries, engages in the distribution, storage, transportation, and marketing of energy products and related services in the United States and internationally. The company operates through four segments: Utilities, Midstream & Marketing, UGI International, and AmeriGas Propane.
Utilities · Natural Gas Distribution · 9,400 employees
AM vs UGI FAQ
Which is bigger, Antero Midstream or UGI?
Antero Midstream (AM) is larger, with a market capitalization of $9.90B compared with $7.86B for UGI (UGI).
Which stock has performed better over the past year, AM or UGI?
UGI returned +13.50% over the past 12 months, compared with +8.99% for AM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AM or UGI?
UGI has the lower trailing P/E at 12.2, versus 25.1 for AM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Antero Midstream or UGI?
Antero Midstream has the higher yield at 4.32%, compared with 4.09% for UGI.
Are Antero Midstream and UGI in the same industry?
No. Antero Midstream is in the Energy sector, while UGI is in Utilities.