Antero Midstream Corporation (AM) vs APA Corporation (APA)
A side-by-side comparison of Antero Midstream Corporation and APA Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
AM
Antero Midstream Corporation
$21.27EnergyAt close: Aug 7, 2026, 4:00 PM ET
APA
APA Corporation
$37.63EnergyAt close: Aug 7, 2026, 4:00 PM ET
Total return — AM vs APA
growth of $100 · dividends reinvested · last 9yAM +39.7%APA -1.9%AM compounded faster
AM APA
AM vs APA: by the numbers
- •APA is the larger company ($13.30B vs $10.10B market cap).
- •APA trades at the lower trailing earnings multiple (8.77 vs 25.32 P/E), one valuation lens rather than an overall verdict.
- •AM converts more revenue to profit (30.45% vs 17.80% net margin).
- •APA grew revenue faster over the past five years (11.66% vs 6.09% CAGR).
- •AM pays the higher dividend yield (3.17% vs 2.66%).
Metrics side by side
Valuation
| Metric | AM | APA |
|---|---|---|
| P/E ratio | 25.32 | 8.77 |
| Forward P/E | 19.15 | 6.70 |
| P/S ratio | 7.73 | 1.55 |
| P/B ratio | 5.22 | 2.06 |
| PEG ratio | 5.72 | 0.08 |
| EV / EBITDA | 14.40 | 3.42 |
| FCF yield | 9.65% | 11.15% |
Profitability
| Metric | AM | APA |
|---|---|---|
| Gross margin | 62.92% | 37.32% |
| Operating margin | 56.05% | 32.67% |
| Net margin | 30.45% | 17.80% |
| ROE | 20.55% | 23.75% |
| ROIC | 8.18% | 9.96% |
Dividends
| Metric | AM | APA |
|---|---|---|
| Dividend yield | 3.17% | 2.66% |
| Payout ratio | 78.49% | 25.06% |
Growth (annualized)
| Metric | AM | APA |
|---|---|---|
| Revenue CAGR (5Y) | 6.09% | 11.66% |
| FCF CAGR (5Y) | 9.87% | 22.89% |
| Total return CAGR (5Y) | 26.60% | 19.00% |
Frequently asked
- Which has the lower trailing P/E, AM or APA?
- APA has the lower trailing P/E: AM trades at 25.32 and APA at 8.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or APA?
- Over the past five years, APA grew revenue faster — AM at a 6.09% CAGR versus APA at 11.66%.
- Does AM or APA pay a bigger dividend?
- AM yields 3.17% and APA yields 2.66% based on trailing dividends and the latest price.
- Is AM or APA more profitable?
- AM runs the higher net margin — AM at 30.45% versus APA at 17.80%.
- How have AM and APA total returns compared?
- Over the past 5 years, AM delivered 26.60% and APA delivered -0.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioAPA P/E ratioAntero Midstream dividend yieldAPA dividend yieldAntero Midstream ROEAPA ROEAntero Midstream operating marginAPA operating marginAntero Midstream revenue growthAPA revenue growthAntero Midstream free cash flowAPA free cash flow
Antero Midstream & APA appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.