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Antero Midstream Corporation (AM) Operating Margin: 51.20%

Is Antero Midstream Corporation’s operating margin high or low?

Antero Midstream Corporation's operating margin of 51.20% is 17% above its 5-year average of 43.65%, near the high end of its 5-year range (-12.11%–57.32%).

The operating margin for Antero Midstream Corporation (AM) is 51.20% as of Tuesday, June 9, 2026. It is below its 12-month average by 4.49% (53.61%).

AM Operating Margin Chart

AM Operating Margin
51.20%-8.59% 1Y
Zoom

AM Average Operating Margin Chart

AM Current vs Average Operating Margin Chart

AM Operating Margin Metrics

OPERATING MARGIN

51.20%

OPERATING MARGIN AVG TTM

53.61%

OPERATING MARGIN AVG 3Y

54.17%

OPERATING MARGIN AVG 5Y

43.65%

OPERATING MARGIN AVG 10Y

25.19%

OPERATING MARGIN AVG 15Y

25.19%

OPERATING MARGIN AVG 20Y

25.19%

CURRENT VS TTM AVG

-4.49%

CURRENT VS 3Y AVG

-5.48%

CURRENT VS 5Y AVG

+17.31%

CURRENT VS 10Y AVG

+103.24%

CURRENT VS 15Y AVG

+103.24%

CURRENT VS 20Y AVG

+103.24%

AM Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Antero Midstream Corporation (AM)51.20%53.61%54.17%43.65%
Helmerich & Payne, Inc. (HP)$3.79B6.20%11.29%11.09%-4.30%
Occidental Petroleum Corporation (OXY)$56.25B17.24%19.63%24.70%17.59%
Phillips 66 (PSX)$71.77B2.66%2.14%3.95%2.34%
EOG Resources, Inc. (EOG)$73.15B35.14%34.86%36.23%28.41%
Valero Energy Corporation (VLO)$75.36B3.51%3.20%5.87%3.82%
Marathon Petroleum Corporation (MPC)$75.36B4.35%4.06%6.83%2.22%
SLB N.V. (SLB)$83.50B15.28%16.36%16.02%13.86%
ConocoPhillips (COP)$142.28B19.58%21.49%25.61%19.93%
Chevron Corporation (CVX)$371.97B9.04%12.04%14.55%10.20%

Operating Efficiency

Gross Margin

65.3%

Operating Margin

51.2%

Antero Midstream Corporation Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Antero Midstream Corporation Operating Margin FAQ

What is the operating margin for Antero Midstream Corporation (AM)?
The operating margin for AM stock is 51.20%.
Is Antero Midstream Corporation's operating margin high or low?
Antero Midstream Corporation's operating margin of 51.20% is 17% above its 5-year average of 43.65%, near the high end of its 5-year range (-12.11%–57.32%).
What is the TTM average operating margin for Antero Midstream Corporation (AM)?
The TTM average operating margin for AM stock is 53.61%.
What is the 3Y average operating margin for Antero Midstream Corporation (AM)?
The 3Y average operating margin for AM stock is 54.17%.
What is the 5Y average operating margin for Antero Midstream Corporation (AM)?
The 5Y average operating margin for AM stock is 43.65%.
What is the 10Y average operating margin for Antero Midstream Corporation (AM)?
The 10Y average operating margin for AM stock is 25.19%.
What is the 15Y average operating margin for Antero Midstream Corporation (AM)?
The 15Y average operating margin for AM stock is 25.19%.
What is the 20Y average operating margin for Antero Midstream Corporation (AM)?
The 20Y average operating margin for AM stock is 25.19%.

Antero Midstream Corporation Operating Margin History

DATEOPERATING MARGIN
2025-12-3151.20%
2024-12-3156.01%
2023-12-3155.00%
2022-12-3154.46%
2021-12-3157.32%
2020-12-31-12.11%
2019-12-31-46.90%
2018-12-3159.07%
2017-12-310.00%
2016-12-312.73%
2015-12-310.33%

About Antero Midstream Corporation

Antero Midstream Corporation primarily owns, operates, and expands vital midstream energy infrastructure. Its operations are divided into two key divisions: Gathering and Processing, and Water Handling. The Gathering and Processing segment involves a comprehensive network of pipelines and compressor stations that are crucial for collecting and treating natural gas output from Antero Resources' wells situated across West Virginia and Ohio. Meanwhile, the Water Handling segment focuses on supplying fresh water, supported by its array of pumping stations, water storage, and blending facilities. Established in 2013, the company maintains its corporate headquarters in Denver, Colorado.

Denver, CO
616 employees
Energy / Oil & Gas Midstream
Sector
Energy
Industry
Oil & Gas Midstream
CEO
Michael N. Kennedy