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Operating margin at other companies

EQT Corporation logo
EQT CorporationEQT
46.6%+28.7pp
MPLX logo
MPLXMPLX
44.8%+0.6pp
Antero Resources logo
Antero ResourcesAR
22.9%+17.9pp
Williams Companies logo
Williams CompaniesWMB
34.3%-0.2pp
Enterprise Products Partners logo
Enterprise Products PartnersEPD
14.4%+1.6pp
Energy Transfer logo
Energy TransferET
10.3%-1.0pp

Other financials

Income statement

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Revenue$314.2M+7.9%
Operating income$188.6M+6.4%
Net income$118.3M-2.0%
EPS (diluted)$0.250.0%

Balance sheet

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Cash & equivalents$180.4M
Total debt$3.7B+19.3%
Total equity$1.9B-7.3%
Total assets$6.4B+11.4%

Cash flow

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Operating cash flow$238.6M+19.9%
CapEx$68.6M+2,286,100%
Free cash flow$232.7M+11.7%

Valuation

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Market cap$10.31B+25.2%
P/E25.1×+5.4×
P/S8.5×+1.1×

Profitability

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Net margin33.9%-3.5pp
FCF margin70%-4.8pp

Returns & leverage

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Return on equity20.4%+0.7pp
Debt / equity1.9×+0.4×
Current ratio-0.4×

Where this comes from

Calculated from Antero Midstream Corporation’s reported figures.

Based on trailing twelve months.

The official record: Antero Midstream Corporation’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Antero Midstream Corporation's operating margin?
Antero Midstream Corporation (AM) reported operating margin of 54.2% in Q1 2026.
How has Antero Midstream Corporation's operating margin changed year-over-year?
Antero Midstream Corporation's operating margin decreased by 9.6% year-over-year, from 59.9% to 54.2%.
What is the long-term trend for Antero Midstream Corporation's operating margin?
Over 5 years (2020 to 2025), Antero Midstream Corporation's operating margin has grown at a 32.9% compound annual growth rate (CAGR), from -13.1% to 54.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.