Antero Midstream Financial Statements
NYSE: AMUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Antero Midstream revenue and earnings
In fiscal 2025, Antero Midstream generated $1.19 billion in revenue, up 7.4% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $413.2 million (+3.1% year over year), for a net margin of 34.8% versus a median of 35.7% in the prior 5 years. Operating margin was 54.2%.
Diluted earnings per share came in at $0.86, up from $0.83. Over the last 5 fiscal years, AM's revenue has grown at a 5.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Antero Midstream income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.19B | 1.11B | 1.04B | 919.99M | 898.20M | 900.72M | 792.59M | 142.91M | 69.72M | 16.94M |
| Revenue growth (YoY) | +7.43% | +6.18% | +13.24% | +2.43% | -0.28% | +13.64% | +454.62% | +104.97% | +311.47% | +1240.51% |
| Operating Expenses | 543.76M | 447.03M | 429.91M | 380.52M | 342.88M | 1.02B | 1.19B | 43.85M | 41.13M | 814.00K |
| Operating Income | 644.67M | 659.17M | 611.86M | 539.47M | 555.33M | -117.64M | -398.49M | -43.85M | -41.13M | 16.13M |
| Other Income (Expense) | -80.47M | -110.55M | -111.79M | -95.73M | -106.59M | -60.58M | -59.09M | — | — | — |
| Pretax Income | 564.20M | 548.62M | 500.07M | 443.74M | 448.74M | -178.22M | -457.58M | 98.92M | 28.59M | 16.13M |
| Income Tax | 151.03M | 147.73M | 128.29M | 117.49M | 117.12M | -55.69M | -102.47M | 32.31M | 26.26M | 6.42M |
| Net Income | 413.16M | 400.89M | 371.79M | 326.24M | 331.62M | -122.53M | -355.11M | 66.61M | 4.94M | 9.71M |
| Net Income growth (YoY) | +3.06% | +7.83% | +13.96% | -1.62% | — | — | -633.14% | +1248.61% | -49.14% | +1143.41% |
| EPS (Basic) | 0.86 | 0.83 | 0.77 | 0.68 | 0.69 | -0.26 | -0.80 | 0.33 | 0.03 | — |
| EPS (Diluted) | 0.86 | 0.83 | 0.77 | 0.68 | 0.69 | -0.26 | -0.80 | 0.33 | 0.03 | — |
| Shares Outstanding (Basic) | 477.91M | 480.82M | 479.38M | 478.23M | 477.27M | 478.28M | 442.64M | 186.20M | 186.18M | — |
| Shares Outstanding (Diluted) | 482.18M | 485.25M | 482.37M | 480.30M | 479.74M | 478.28M | 442.64M | 186.20M | 186.18M | — |
| EBITDA | 778.98M | 799.17M | 747.92M | 671.23M | 664.12M | -8.85M | -302.97M | — | — | — |
| Operating Margin | 54.25% | 59.59% | 58.73% | 58.64% | 61.83% | -13.06% | -50.28% | -30.69% | -59.00% | 95.20% |
| Net Margin | 34.77% | 36.24% | 35.69% | 35.46% | 36.92% | -13.60% | -44.80% | 46.61% | 7.08% | 57.31% |
This table shows 10 annual periods of Antero Midstream's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow AM's reporting calendar. What is a income statement?