Antero Midstream Corporation (AM) vs Texas Pacific Land Corporation (TPL)
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 August 12, 2026. Differences are shown without an overall score or investment verdict.
AM
Antero Midstream Corporation
$22.27EnergyDelayed quote: Aug 12, 2026, 11:10 AM EDT
TPL
Texas Pacific Land Corporation
$348.00EnergyDelayed quote: Aug 12, 2026, 11:10 AM EDT
Total return — AM vs TPL
growth of $100 · dividends reinvested · last 9yAM +39.7% (+3.8%/yr)TPL +1082.9% (+31.6%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
AM TPL
AM vs TPL: by the numbers
- •TPL is the larger company ($24.00B vs $10.57B market cap).
- •AM trades at the lower trailing earnings multiple (26.31 vs 44.70 P/E), one valuation lens rather than an overall verdict.
- •TPL converts more revenue to profit (60.32% vs 30.45% net margin).
- •TPL grew revenue faster over the past five years (22.25% vs 6.09% CAGR).
- •AM pays the higher dividend yield (4.07% vs 0.55%).
Metrics side by side
Valuation
| Metric | AM | TPL |
|---|---|---|
| P/E ratio | 26.31 | 44.70 |
| Forward P/E | 19.90 | 40.48 |
| P/S ratio | 8.03 | 26.95 |
| P/B ratio | 5.42 | 14.47 |
| EV / EBITDA | 14.82 | 32.38 |
| FCF yield | 9.29% | 2.82% |
Profitability
| Metric | AM | TPL |
|---|---|---|
| Gross margin | 62.92% | 85.46% |
| Operating margin | 56.05% | 74.92% |
| Net margin | 30.45% | 60.32% |
| ROE | 20.55% | 32.37% |
| ROIC | 8.18% | 30.12% |
Dividends
| Metric | AM | TPL |
|---|---|---|
| Dividend yield | 4.07% | 0.55% |
| Payout ratio | 104.65% | 27.38% |
Growth (annualized)
| Metric | AM | TPL |
|---|---|---|
| Revenue CAGR (5Y) | 6.09% | 22.25% |
| EPS CAGR (5Y) | N/A | 22.57% |
| FCF CAGR (5Y) | 9.87% | 25.93% |
| Total return CAGR (5Y) | 27.18% | 17.37% |
Frequently asked
- Which has the lower trailing P/E, AM or TPL?
- AM has the lower trailing P/E: AM trades at 26.31 and TPL at 44.70. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or TPL?
- Over the past five years, TPL grew revenue faster — AM at a 6.09% CAGR versus TPL at 22.25%.
- Does AM or TPL pay a bigger dividend?
- AM yields 4.07% and TPL yields 0.55% based on trailing dividends and the latest price.
- Is AM or TPL more profitable?
- TPL runs the higher net margin — AM at 30.45% versus TPL at 60.32%.
- How have AM and TPL total returns compared?
- Over the past 5 years, AM delivered 27.18% and TPL delivered 35.67% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioTexas Pacific L P/E ratioAntero Midstream dividend yieldTexas Pacific L dividend yieldAntero Midstream ROETexas Pacific L ROEAntero Midstream operating marginTexas Pacific L operating marginAntero Midstream revenue growthTexas Pacific L revenue growthAntero Midstream free cash flowTexas Pacific L free cash flow
Antero Midstream & Texas Pacific L 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 August 12, 2026.