Antero Midstream Corporation (AM) vs Texas Pacific Land Corporation (TPL)
AM leads on 9 of 17 compared metrics.
A side-by-side comparison of Antero Midstream Corporation and Texas Pacific Land Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AM
Antero Midstream Corporation
$23.19Energy
TPL
Texas Pacific Land Corporation
$395.79Energy
Total return — AM vs TPL
growth of $100 · last 9yAM -31.3%TPL +1083.2%TPL compounded faster
Log scale — wide-divergence pair
AM TPL
AM vs TPL: by the numbers
- •TPL is the larger company ($27.30B vs $11.01B market cap).
- •AM trades at the lower earnings multiple (26.97 vs 54.27 P/E).
- •TPL converts more revenue to profit (60.03% vs 31.94% net margin).
- •TPL grew revenue faster over the past five years (23.67% vs 5.93% CAGR).
- •AM pays the higher dividend yield (3.88% vs 0.61%).
Which is better, AM or TPL?
Metric tally: AM 9 · TPL 8It depends on what you're optimizing for:
ValueAM(lower P/E)
GrowthTPL(faster 5Y revenue CAGR)
IncomeAM(higher dividend yield)
QualityTPL(higher ROIC)
Metrics side by side
Valuation
| Metric | AM | TPL |
|---|---|---|
| P/E ratio | 26.97● | 54.27 |
| Forward P/E | 18.22● | 43.17 |
| P/S ratio | 8.62● | 32.55 |
| P/B ratio | 5.72● | 17.55 |
| PEG ratio | 5.72● | 6.83 |
| EV / EBITDA | 15.57● | 39.30 |
| FCF yield | 8.26%● | 1.81% |
Profitability
| Metric | AM | TPL |
|---|---|---|
| Gross margin | 64.52% | 85.46%● |
| Operating margin | 57.56% | 74.42%● |
| Net margin | 31.94% | 60.03%● |
| ROE | 21.21% | 32.37%● |
| ROIC | 8.18% | 30.12%● |
Dividends
| Metric | AM | TPL |
|---|---|---|
| Dividend yield | 3.88%● | 0.61% |
| Payout ratio | 104.65% | 34.38% |
Growth (annualized)
| Metric | AM | TPL |
|---|---|---|
| Revenue CAGR (5Y) | 5.93% | 23.67%● |
| EPS CAGR (5Y) | -13.48% | 22.57%● |
| FCF CAGR (5Y) | 7.24% | 18.77%● |
| Total return CAGR (5Y) | 25.67%● | 18.39% |
Frequently asked
- Which is better, AM or TPL?
- It depends on your goal. value: AM (lower P/E); growth: TPL (faster 5Y revenue CAGR); income: AM (higher dividend yield); quality: TPL (higher ROIC). Across all compared metrics, AM leads 9 to 8.
- Is AM or TPL cheaper?
- On trailing earnings, AM is cheaper: AM trades at a 26.97 P/E and TPL at 54.27.
- Which has grown faster, AM or TPL?
- Over the past five years, TPL grew revenue faster — AM at a 5.93% CAGR versus TPL at 23.67%.
- Does AM or TPL pay a bigger dividend?
- AM yields 3.88% and TPL yields 0.61% based on trailing dividends and the latest price.
- Is AM or TPL more profitable?
- TPL runs the higher net margin — AM at 31.94% versus TPL at 60.03%.
- Which has been the better investment, AM or TPL?
- Over the past 5-year, TPL delivered the higher annualized total return — AM at 25.67% versus TPL at 37.72%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioTexas Pacific Land P/E ratioAntero Midstream dividend yieldTexas Pacific Land dividend yieldAntero Midstream ROETexas Pacific Land ROEAntero Midstream operating marginTexas Pacific Land operating marginAntero Midstream revenue growthTexas Pacific Land revenue growthAntero Midstream free cash flowTexas Pacific Land free cash flow
Antero Midstream & Texas Pacific Land 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 June 28, 2026.