Is AM or EXE cheaper?

On trailing earnings, EXE is cheaper: AM trades at a 25.76 P/E and EXE at 6.61.

Which has grown faster, AM or EXE?

Over the past five years, EXE grew revenue faster — AM at a 5.93% CAGR versus EXE at 27.70%.

Does AM or EXE pay a bigger dividend?

AM yields 4.06% and EXE yields 3.60% based on trailing dividends and the latest price.

Is AM or EXE more profitable?

AM runs the higher net margin — AM at 31.94% versus EXE at 22.89%.

Which has been the better investment, AM or EXE?

Over the past 5-year, AM delivered the higher annualized total return — AM at 24.99% versus EXE at 16.04%. Past performance doesn't predict future results.

Antero Midstream Corporation (AM) vs Expand Energy Corporation (EXE)

AM and EXE are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Antero Midstream Corporation and Expand Energy 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

$10.52B

$22.15Energy

EXE

Expand Energy Corporation

$21.20B

$88.60Energy

Total return — AM vs EXE

growth of $100 · last 5y

AM +153.7%EXE +107.0%AM compounded faster

AM EXE

AM vs EXE: by the numbers

•EXE is the larger company ($21.20B vs $10.52B market cap).
•EXE trades at the lower earnings multiple (6.61 vs 25.76 P/E).
•AM converts more revenue to profit (31.94% vs 22.89% net margin).
•EXE grew revenue faster over the past five years (27.70% vs 5.93% CAGR).
•AM pays the higher dividend yield (4.06% vs 3.60%).

Which is better, AM or EXE?

Metric tally: AM 8 · EXE 8

It depends on what you're optimizing for:

ValueEXE(lower P/E)

GrowthEXE(faster 5Y revenue CAGR)

IncomeAM(higher dividend yield)

QualityAM(higher ROIC)

Metrics side by side

Valuation

Metric	AM	EXE
P/E ratio	25.76	6.61●
Forward P/E	17.40	9.69●
P/S ratio	8.23	1.51●
P/B ratio	5.47	1.09●
PEG ratio	5.72	—
EV / EBITDA	14.75	3.31●
FCF yield	8.65%	13.42%●

Profitability

Metric	AM	EXE
Gross margin	64.52%●	53.38%
Operating margin	57.56%●	28.96%
Net margin	31.94%●	22.89%
ROE	21.21%●	16.51%
ROIC	8.18%●	6.38%

Dividends

Metric	AM	EXE
Dividend yield	4.06%●	3.60%
Payout ratio	104.65%	41.59%

Growth (annualized)

Metric	AM	EXE
Revenue CAGR (5Y)	5.93%	27.70%●
EPS CAGR (5Y)	-13.48%●	-17.41%
FCF CAGR (5Y)	7.24%	49.16%●
Total return CAGR (5Y)	24.99%●	16.04%

Frequently asked

Which is better, AM or EXE?: It depends on your goal. value: EXE (lower P/E); growth: EXE (faster 5Y revenue CAGR); income: AM (higher dividend yield); quality: AM (higher ROIC). Across all compared metrics, they are evenly matched.
Is AM or EXE cheaper?: On trailing earnings, EXE is cheaper: AM trades at a 25.76 P/E and EXE at 6.61.
Which has grown faster, AM or EXE?: Over the past five years, EXE grew revenue faster — AM at a 5.93% CAGR versus EXE at 27.70%.
Does AM or EXE pay a bigger dividend?: AM yields 4.06% and EXE yields 3.60% based on trailing dividends and the latest price.
Is AM or EXE more profitable?: AM runs the higher net margin — AM at 31.94% versus EXE at 22.89%.
Which has been the better investment, AM or EXE?: Over the past 5-year, AM delivered the higher annualized total return — AM at 24.99% versus EXE at 16.04%. Past performance doesn't predict future results.

Go deeper

Full AM analysis Full EXE analysis Interactive comparison tool

Dig into the metrics

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

Antero Midstream & Expand Energy appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield 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.