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Antero Midstream Corporation AM Water Handling — Depreciation

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Other financials

Income statement

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Revenue$327.2M+7.1%
Operating income$181.9M-2.4%
Net income$113.5M-8.8%
EPS (diluted)$0.24-7.7%

Balance sheet

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Cash & equivalents$180.4M
Total debt$3.6B+19.4%
Total equity$1.9B-6.8%
Total assets$6.4B+11.1%

Cash flow

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Operating cash flow$254.2M-4.1%
CapEx$68.6M+2,286,100%
Free cash flow$232.7M+11.7%

Valuation

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Market cap$10.37B+12.4%
P/E26×+5.7×
P/S8.4×+0.4×

Profitability

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Operating margin52.8%-8.2pp
Net margin32.4%-7.1pp
FCF margin70%-4.8pp

Returns & leverage

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Return on equity19.8%-1.8pp
Debt / equity1.9×+0.4×
Current ratio0.8×-0.2×

Where this comes from

Reported directly by Antero Midstream Corporation in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Antero Midstream Corporation’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088150
(in thousands)Gathering and / ProcessingWater / HandlingUnallocated (1)Consolidated / Total
General and administrative (excluding equity-based compensation)6,5642,6252,54011,729
Equity-based compensation7,9882,52631410,828
Facility idling287287
Depreciation18,88418,49437,378
Impairment of property and equipment133133
Other (2)454454
Total operating expenses70,10272,3792,854145,335
Operating income (loss)$187,621(2,858)(2,854)181,909

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Antero Midstream Corporation's water handling — depreciation?
Antero Midstream Corporation (AM) reported water handling — depreciation of $18.49M in Q2 2026.
How has Antero Midstream Corporation's water handling — depreciation changed year-over-year?
Antero Midstream Corporation's water handling — depreciation increased by 31.8% year-over-year, from $14.03M to $18.49M.
What is the long-term trend for Antero Midstream Corporation's water handling — depreciation?
Over 4 years (2021 to 2025), Antero Midstream Corporation's water handling — depreciation has grown at a 4.1% compound annual growth rate (CAGR), from $49.1M to $57.75M.
What does water handling — depreciation mean?
This is the systematic allocation of the cost of tangible water handling infrastructure assets over their useful lives. It reflects the physical wear and tear and obsolescence of the segment's capital base.

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