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.
AM
Antero Midstream Corporation
$21.12EnergyDelayed quote: Sep 22, 2026, 4:00 PM EDT
APA
APA Corporation
$42.30EnergyDelayed quote: Sep 22, 2026, 4:00 PM EDT
Total return — AM vs APA
growth of $100 · dividends reinvested · last 9yAM +44.9% (+4.2%/yr)APA +17.7% (+1.8%/yr)AM compounded faster over this window
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
| Metric | AM | APA |
|---|---|---|
| P/E ratio | 25.14 | 8.94 |
| Forward P/E | 19.36 | 7.08 |
| P/S ratio | 7.64 | 1.69 |
| P/B ratio | 5.15 | 2.13 |
| EV / EBITDA | 14.27 | 5.60 |
| FCF yield | 7.67% | 14.10% |
Profitability
| Metric | AM | APA |
|---|---|---|
| Gross margin | 62.92% | 38.77% |
| Operating margin | 56.05% | 30.83% |
| Net margin | 30.45% | 18.99% |
| ROE | 20.55% | 23.89% |
| ROIC | 8.64% | 4.28% |
Dividends
| Metric | AM | APA |
|---|---|---|
| Dividend yield | 4.08% | 2.24% |
| Payout ratio | 107.14% | 21.14% |
Growth (annualized)
| Metric | AM | APA |
|---|---|---|
| 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.
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 September 13, 2026.