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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAM vs APA

growth of $100 · dividends reinvested · last 9y
AM +44.9% (+4.2%/yr)APA +17.7% (+1.8%/yr)AM compounded faster over this window
050100150Start $1002019202120232025$145$118
AM APA

AM vs APA: by the numbers

  • APA is the larger company ($14.95B vs $10.03B market cap).
  • APA trades at the lower trailing earnings multiple (8.94 vs 25.14 P/E), one valuation lens rather than an overall verdict.
  • AM converts more revenue to profit (30.45% vs 18.99% net margin).
  • APA grew revenue faster over the past five years (8.16% vs 6.09% CAGR).
  • AM pays the higher dividend yield (4.08% vs 2.24%).

Metrics side by side

Valuation

MetricAMAPA
P/E ratio25.148.94
Forward P/E19.367.08
P/S ratio7.641.69
P/B ratio5.152.13
EV / EBITDA14.275.60
FCF yield7.67%14.10%

Profitability

MetricAMAPA
Gross margin62.92%38.77%
Operating margin56.05%30.83%
Net margin30.45%18.99%
ROE20.55%23.89%
ROIC8.64%4.28%

Dividends

MetricAMAPA
Dividend yield4.08%2.24%
Payout ratio107.14%21.14%

Growth (annualized)

MetricAMAPA
Revenue CAGR (5Y)6.09%8.16%
FCF CAGR (5Y)9.87%7.86%
Total return CAGR (5Y)25.29%22.71%

Frequently asked

Which has the lower trailing P/E, AM or APA?
APA has the lower trailing P/E: AM trades at 25.14 and APA at 8.94. 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 8.16%.
Does AM or APA pay a bigger dividend?
AM yields 4.08% and APA yields 2.24% 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 18.99%.
How have AM and APA total returns compared?
Over the past 5 years, AM delivered 25.29% and APA delivered 22.71% annualized total return. Past performance doesn't predict future results.

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 September 13, 2026.