Antero Midstream Corporation (AM) vs Dorchester Minerals, L.P. (DMLP)
DMLP leads on 13 of 16 compared metrics.
A side-by-side comparison of Antero Midstream Corporation and Dorchester Minerals, L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AM vs DMLP
growth of $100 · last 9yAM -32.8%DMLP +54.8%DMLP compounded faster
AM DMLP
AM vs DMLP: by the numbers
- •AM is the larger company ($10.73B vs $1.28B market cap).
- •DMLP trades at the lower earnings multiple (18.28 vs 26.41 P/E).
- •DMLP converts more revenue to profit (40.85% vs 31.94% net margin).
- •DMLP grew revenue faster over the past five years (27.91% vs 5.93% CAGR).
- •DMLP pays the higher dividend yield (7.22% vs 3.96%).
Which is better, AM or DMLP?
Metric tally: AM 3 · DMLP 13It depends on what you're optimizing for:
ValueDMLP(lower P/E)
GrowthDMLP(faster 5Y revenue CAGR)
IncomeDMLP(higher dividend yield)
QualityDMLP(higher ROIC)
Metrics side by side
Valuation
| Metric | AM | DMLP |
|---|---|---|
| P/E ratio | 26.41 | 18.28● |
| Forward P/E | 20.61 | — |
| P/S ratio | 8.44 | 7.54● |
| P/B ratio | 5.61 | 4.21● |
| PEG ratio | 5.72 | 1.26● |
| EV / EBITDA | 15.33 | 7.95● |
| FCF yield | 8.44% | 9.68%● |
Profitability
| Metric | AM | DMLP |
|---|---|---|
| Gross margin | 64.52%● | 46.24% |
| Operating margin | 57.56%● | 37.53% |
| Net margin | 31.94% | 40.85%● |
| ROE | 21.21% | 22.81%● |
| ROIC | 8.18% | 18.74%● |
Dividends
| Metric | AM | DMLP |
|---|---|---|
| Dividend yield | 3.96% | 7.22%● |
| Payout ratio | 104.65% | 158.35% |
Growth (annualized)
| Metric | AM | DMLP |
|---|---|---|
| Revenue CAGR (5Y) | 5.93% | 27.91%● |
| EPS CAGR (5Y) | -13.48% | 14.49%● |
| FCF CAGR (5Y) | 7.24% | 30.85%● |
| Total return CAGR (5Y) | 25.71%● | 23.12% |
Frequently asked
- Which is better, AM or DMLP?
- It depends on your goal. value: DMLP (lower P/E); growth: DMLP (faster 5Y revenue CAGR); income: DMLP (higher dividend yield); quality: DMLP (higher ROIC). Across all compared metrics, DMLP leads 13 to 3.
- Is AM or DMLP cheaper?
- On trailing earnings, DMLP is cheaper: AM trades at a 26.41 P/E and DMLP at 18.28.
- Which has grown faster, AM or DMLP?
- Over the past five years, DMLP grew revenue faster — AM at a 5.93% CAGR versus DMLP at 27.91%.
- Does AM or DMLP pay a bigger dividend?
- AM yields 3.96% and DMLP yields 7.22% based on trailing dividends and the latest price.
- Is AM or DMLP more profitable?
- DMLP runs the higher net margin — AM at 31.94% versus DMLP at 40.85%.
- Which has been the better investment, AM or DMLP?
- Over the past 5-year, AM delivered the higher annualized total return — AM at 25.71% versus DMLP at 17.89%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioDorchester Minerals, L.P. P/E ratioAntero Midstream dividend yieldDorchester Minerals, L.P. dividend yieldAntero Midstream ROEDorchester Minerals, L.P. ROEAntero Midstream operating marginDorchester Minerals, L.P. operating marginAntero Midstream revenue growthDorchester Minerals, L.P. revenue growthAntero Midstream free cash flowDorchester Minerals, L.P. free cash flow
Antero Midstream & Dorchester Minerals, L.P. 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 July 9, 2026.