US · USD
AM
Antero Midstream Partners LP
- Day's range
- $20.48 – $21.21
- Day's volume
- $25.7M
- 52-week range
- $16.60 – $23.12
Follow AM in the Fuolio
See how AM weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountAM in numbers
- Market cap
- $10.1B
- P/B
- 5.17
- Dividend yield (12m)
- 4.25%
The 12-month dividend yield of AM is 4.25%, below its 5-year average of 7.34%.
AM price history
AM risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +21.50% | +84.86% | +200.45% |
| Volatility (annualized) | 25.96% | 22.47% | 23.91% |
| Largest drawdown | -10.46% | -10.46% | -16.67% |
| Positive months | 7/12 | 22/36 | 37/60 |
How much did investing in AM return?
$1,000.00 invested on 11/01/2021 would be worth $3,003.76 today.
- Value today in AM
- $3,003.76
- Return over the period
- +200.38%
- Return per year
- +25.00%
- In the S&P 500
- $1,712.07
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
AM fundamentals
Valuation
- P/E—
- P/B5.17
- EV/EBITDA—
- EV/EBIT20.90
- EV/Revenue11.04
- P/EBIT15.43
- P/S8.15
- P/OCF10.46
- P/FCF—
- Earnings yield4.78%
- PEG ratio—
- Earnings per share—
- Book value per share$4.10
Debt
- Net debt$3.6B
- Net debt/EBITDA—
- Net debt/Equity1.83
- Debt/Equity1.83
- Current ratio0.84
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin52.83%
- Net margin—
- Asset turnover0.19
Profitability
- ROE—
- ROA—
- ROIC8.60%
- Payout—
Growth
- Revenue CAGR (5 years)6.64%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is AM's fair price?
Two classic value formulas, with today's numbers. The current price is $21.17.
- Graham's fair price
- —
- AM's earnings per share and book value per share are not available, so the formula cannot be computed.
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $15.28
- 27.84% below the price
$0.92 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
AM's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 20.13 | 18.01 | 16.16 | 15.84 | 13.93 | — | — | — |
| P/B | 4.27 | 3.41 | 2.79 | 2.36 | 2.02 | 1.52 | 1.17 | 67.47 |
| Dividend yield | 5.06% | 5.96% | 7.18% | 8.34% | 10.15% | 15.98% | 14.27% | 4.04% |
| Earnings per share | $0.88 | $0.84 | $0.78 | $0.68 | $0.70 | — | — | — |
| Book value per share | $4.17 | $4.42 | $4.49 | $4.58 | $4.79 | $5.07 | $6.49 | $0.17 |
| ROE | 21.20% | 18.96% | 17.29% | 14.87% | 14.52% | — | — | — |
| ROIC | 9.42% | 9.21% | 8.48% | 7.14% | 7.59% | -1.47% | -5.12% | -95.68% |
| EBITDA margin | — | — | — | — | — | -0.98% | -38.23% | — |
| Net margin | 35.17% | 36.25% | 35.71% | 35.44% | 36.96% | — | — | — |
AM's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $1.2B | $1.1B | $1B | $920M | $898.2M | $900.7M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | — | — | — | — | — | -$8.8M |
| EBIT | $644.7M | $659.2M | $611.9M | $539.5M | $555.3M | -$117.6M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $564.2M | $548.6M | $500.1M | $443.7M | $448.7M | -$178.2M |
| Income tax | -$151M | -$147.7M | -$128.3M | -$117.5M | -$117.1M | $55.7M |
| Net income | $418M | $401M | $372M | $326M | $332M | — |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does AM pay dividends?
Dividend yield per year
- 0.44%2017
- 4.04%2018
- 14.27%2019
- 15.98%2020
- 10.15%2021
- 8.34%2022
- 7.18%2023
- 5.96%2024
- 5.06%2025
- 3.19%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/28/2026 | 08/12/2026 | $0.23 |
| Dividend | 04/28/2026 | 05/13/2026 | $0.23 |
| Dividend | 01/27/2026 | 02/11/2026 | $0.23 |
| Dividend | 10/21/2025 | 11/05/2025 | $0.23 |
| Dividend | 07/22/2025 | 08/06/2025 | $0.23 |
| Dividend | 04/22/2025 | 05/07/2025 | $0.23 |
| Dividend | 01/28/2025 | 02/12/2025 | $0.23 |
| Dividend | 10/22/2024 | 11/06/2024 | $0.23 |
| Dividend | 07/23/2024 | 08/07/2024 | $0.23 |
| Dividend | 04/22/2024 | 05/08/2024 | $0.23 |
| Dividend | 01/22/2024 | 02/07/2024 | $0.23 |
| Dividend | 10/23/2023 | 11/08/2023 | $0.23 |
See all 37 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/24/2023 | 08/09/2023 | $0.23 |
| Dividend | 04/24/2023 | 05/10/2023 | $0.23 |
| Dividend | 01/23/2023 | 02/08/2023 | $0.23 |
| Dividend | 10/24/2022 | 11/09/2022 | $0.23 |
| Dividend | 07/25/2022 | 08/10/2022 | $0.23 |
| Dividend | 04/25/2022 | 05/11/2022 | $0.23 |
| Dividend | 01/24/2022 | 02/09/2022 | $0.23 |
| Dividend | 10/25/2021 | 11/10/2021 | $0.23 |
| Dividend | 07/26/2021 | 08/11/2021 | $0.23 |
| Dividend | 04/26/2021 | 05/12/2021 | $0.23 |
| Dividend | 02/01/2021 | 02/11/2021 | $0.31 |
| Dividend | 10/27/2020 | 11/12/2020 | $0.31 |
| Dividend | 07/28/2020 | 08/12/2020 | $0.31 |
| Dividend | 04/28/2020 | 05/12/2020 | $0.31 |
| Dividend | 01/29/2020 | 02/12/2020 | $0.31 |
| Dividend | 10/30/2019 | 11/13/2019 | $0.31 |
| Dividend | 07/24/2019 | 08/07/2019 | $0.31 |
| Dividend | 04/24/2019 | 05/08/2019 | $0.30 |
| Dividend | 01/30/2019 | 02/21/2019 | $0.16 |
| Dividend | 10/31/2018 | 11/21/2018 | $0.14 |
| Dividend | 07/31/2018 | 08/22/2018 | $0.13 |
| Dividend | 05/01/2018 | 05/23/2018 | $0.11 |
| Dividend | 01/30/2018 | 02/20/2018 | $0.08 |
| Dividend | 10/30/2017 | 11/23/2017 | $0.06 |
| Dividend | 07/31/2017 | 08/23/2017 | $0.03 |
About Antero Midstream Partners Lp
- Sector
- Transportation and utilities
Questions about AM
How much is AM today?
AM is at $21.17 (2.97% on the day), last traded on 10/06/2026.
How much did AM pay in dividends in 2025?
AM paid $0.90 per share in 2025, a dividend yield of 5.06%.
How much did AM return in 12 months?
AM returned 21.50% in 12 months, with annualized volatility of 25.96% and a largest drawdown of -10.46%.