Antero Midstream Corporation (AM) vs Tenaris S.A. (TS)
A side-by-side comparison of Antero Midstream Corporation and Tenaris S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 19, 2026. Differences are shown without an overall score or investment verdict.
AM
Antero Midstream Corporation
$22.42EnergyDelayed quote: Aug 19, 2026, 4:00 PM EDT
TS
Tenaris S.A.
$53.09EnergyAt close: Aug 19, 2026, 4:00 PM ET
Total return — AM vs TS
growth of $100 · dividends reinvested · last 9yAM +47.2% (+4.4%/yr)TS +135.5% (+10.0%/yr)TS compounded faster over this window
AM TS
AM vs TS: by the numbers
- •TS is the larger company ($28.49B vs $10.64B market cap).
- •TS trades at the lower trailing earnings multiple (14.51 vs 26.69 P/E), one valuation lens rather than an overall verdict.
- •AM converts more revenue to profit (30.45% vs 15.89% net margin).
- •TS grew revenue faster over the past five years (19.93% vs 6.09% CAGR).
- •AM pays the higher dividend yield (4.01% vs 1.09%).
Metrics side by side
Valuation
| Metric | AM | TS |
|---|---|---|
| P/E ratio | 26.69 | 14.51 |
| Forward P/E | 20.19 | 13.98 |
| P/S ratio | 8.15 | 2.23 |
| P/B ratio | 5.50 | 1.58 |
| EV / EBITDA | 14.98 | 9.34 |
| FCF yield | 9.16% | 6.47% |
Profitability
| Metric | AM | TS |
|---|---|---|
| Gross margin | 62.92% | 33.90% |
| Operating margin | 56.05% | 18.55% |
| Net margin | 30.45% | 15.89% |
| ROE | 20.55% | 11.27% |
| ROIC | 8.64% | 9.66% |
Dividends
| Metric | AM | TS |
|---|---|---|
| Dividend yield | 4.01% | 1.09% |
| Payout ratio | 104.65% | 15.59% |
Growth (annualized)
| Metric | AM | TS |
|---|---|---|
| Revenue CAGR (5Y) | 6.09% | 19.93% |
| EPS CAGR (5Y) | N/A | 19.77% |
| FCF CAGR (5Y) | 9.87% | 34.13% |
| Total return CAGR (5Y) | 29.36% | 26.92% |
Frequently asked
- Which has the lower trailing P/E, AM or TS?
- TS has the lower trailing P/E: AM trades at 26.69 and TS at 14.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or TS?
- Over the past five years, TS grew revenue faster — AM at a 6.09% CAGR versus TS at 19.93%.
- Does AM or TS pay a bigger dividend?
- AM yields 4.01% and TS yields 1.09% based on trailing dividends and the latest price.
- Is AM or TS more profitable?
- AM runs the higher net margin — AM at 30.45% versus TS at 15.89%.
- How have AM and TS total returns compared?
- Over the past 5 years, AM delivered 29.36% and TS delivered 9.79% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioTenaris P/E ratioAntero Midstream dividend yieldTenaris dividend yieldAntero Midstream ROETenaris ROEAntero Midstream operating marginTenaris operating marginAntero Midstream revenue growthTenaris revenue growthAntero Midstream free cash flowTenaris free cash flow
Antero Midstream & Tenaris 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 19, 2026.