Is AM or APA cheaper?

On trailing earnings, APA is cheaper: AM trades at a 25.83 P/E and APA at 7.98.

Which has grown faster, AM or APA?

Over the past five years, APA grew revenue faster — AM at a 5.93% CAGR versus APA at 11.66%.

Does AM or APA pay a bigger dividend?

AM yields 4.05% and APA yields 2.92% based on trailing dividends and the latest price.

Is AM or APA more profitable?

AM runs the higher net margin — AM at 31.94% versus APA at 17.80%.

Which has been the better investment, AM or APA?

Over the past 5-year, AM delivered the higher annualized total return — AM at 25.35% versus APA at -2.76%. Past performance doesn't predict future results.

Antero Midstream Corporation (AM) vs APA Corporation (APA)

APA leads on 12 of 17 compared metrics.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Antero Midstream Corporation

Total return — AM vs APA

growth of $100 · last 9y

AM -34.2%APA -29.9%APA compounded faster

AM APA

AM vs APA: by the numbers

•APA is the larger company ($12.10B vs $10.55B market cap).
•APA trades at the lower earnings multiple (7.98 vs 25.83 P/E).
•AM converts more revenue to profit (31.94% vs 17.80% net margin).
•APA grew revenue faster over the past five years (11.66% vs 5.93% CAGR).
•AM pays the higher dividend yield (4.05% vs 2.92%).

Which is better, AM or APA?

Metric tally: AM 5 · APA 12

It depends on what you're optimizing for:

ValueAPA(lower P/E)

GrowthAPA(faster 5Y revenue CAGR)

IncomeAM(higher dividend yield)

QualityAPA(higher ROIC)

Metrics side by side

Valuation

Metric	AM	APA
P/E ratio	25.83	7.98●
Forward P/E	17.45	7.96●
P/S ratio	8.26	1.41●
P/B ratio	5.48	1.88●
PEG ratio	5.72	0.08●
EV / EBITDA	14.78	2.90●
FCF yield	8.63%	12.25%●

Profitability

Metric	AM	APA
Gross margin	64.52%●	53.91%
Operating margin	57.56%●	34.63%
Net margin	31.94%●	17.80%
ROE	21.21%	23.75%●
ROIC	8.18%	9.96%●

Dividends

Metric	AM	APA
Dividend yield	4.05%●	2.92%
Payout ratio	104.65%	25.06%

Growth (annualized)

Metric	AM	APA
Revenue CAGR (5Y)	5.93%	11.66%●
EPS CAGR (5Y)	-13.48%	69.31%●
FCF CAGR (5Y)	7.24%	22.89%●
Total return CAGR (5Y)	25.35%●	12.57%

Frequently asked

Which is better, AM or APA?: It depends on your goal. value: APA (lower P/E); growth: APA (faster 5Y revenue CAGR); income: AM (higher dividend yield); quality: APA (higher ROIC). Across all compared metrics, APA leads 12 to 5.
Is AM or APA cheaper?: On trailing earnings, APA is cheaper: AM trades at a 25.83 P/E and APA at 7.98.
Which has grown faster, AM or APA?: Over the past five years, APA grew revenue faster — AM at a 5.93% CAGR versus APA at 11.66%.
Does AM or APA pay a bigger dividend?: AM yields 4.05% and APA yields 2.92% based on trailing dividends and the latest price.
Is AM or APA more profitable?: AM runs the higher net margin — AM at 31.94% versus APA at 17.80%.
Which has been the better investment, AM or APA?: Over the past 5-year, AM delivered the higher annualized total return — AM at 25.35% versus APA at -2.76%. Past performance doesn't predict future results.

Go deeper

Full AM analysis Full APA analysis Interactive comparison tool

Dig into the metrics

Antero Midstream P/E ratio APA P/E ratio Antero Midstream dividend yield APA dividend yield Antero Midstream ROE APA ROE Antero Midstream operating margin APA operating margin Antero Midstream revenue growth APA revenue growth Antero Midstream free cash flow APA free cash flow

Antero Midstream & APA appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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 June 24, 2026.