Financial Snapshot

Revenue
$1.079B
TTM
Gross Margin
Net Earnings
$389.9M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
109.13%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$2.130B
Q3 2024
Cash
Q3 2024
P/E
18.99
Nov 29, 2024 EST
Free Cash Flow
$562.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $1.042B $920.0M $898.2M $900.7M $792.6M $0.00 $0.00 $0.00 $0.00
YoY Change 13.24% 2.43% -0.28% 13.64%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $1.042B $920.0M $898.2M $900.7M $792.6M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $71.07M $62.13M $63.84M $52.20M $118.1M $43.90M $41.10M $800.0K $0.00
YoY Change 14.4% -2.68% 22.3% -55.8% 169.02% 6.81% 5037.5%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $136.1M $131.8M $108.8M $108.8M $95.53M
YoY Change 3.26% 21.12% 0.0% 13.89%
% of Gross Profit
Operating Expenses $429.9M $380.5M $342.9M $1.018B $1.191B $43.85M $41.13M $800.0K $0.00
YoY Change 12.98% 10.98% -66.33% -14.5% 2616.2% 6.61% 5041.75%
Operating Profit $611.9M $539.5M $555.3M -$117.6M -$398.5M -$43.85M -$41.13M
YoY Change 13.42% -2.86% -572.06% -70.48% 808.74% 6.61%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense -$111.8M -$95.73M -$84.83M -$60.60M -$59.10M $142.8M $69.70M $16.90M $1.300M
YoY Change 16.78% 12.85% 39.98% 2.54% -141.39% 104.88% 312.43% 1200.0%
% of Operating Profit -18.27% -17.75% -15.28%
Other Income/Expense, Net -$111.8M -$95.73M -$106.6M -$60.58M -$59.09M
YoY Change 16.78% -10.19% 75.95% 2.52%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $500.1M $443.7M $448.7M -$178.2M -$457.6M $98.92M $28.59M $16.10M $1.300M
YoY Change 12.7% -1.12% -351.8% -61.05% -562.58% 246.04% 77.55% 1138.46%
Income Tax $128.3M $117.5M $117.1M -$55.69M -$102.5M $32.31M $26.26M $6.400M $500.0K
% Of Pretax Income 25.65% 26.48% 26.1% 32.66% 91.87% 39.75% 38.46%
Net Earnings $371.8M $326.2M $331.6M -$122.5M -$355.1M $66.61M $2.325M $9.700M $800.0K
YoY Change 13.96% -1.62% -370.65% -65.5% -633.14% 2764.86% -76.03% 1112.5%
Net Earnings / Revenue 35.69% 35.46% 36.92% -13.6% -44.8%
Basic Earnings Per Share $0.77 $0.68 $0.69 -$0.26 -$0.80 $0.33
Diluted Earnings Per Share $0.77 $0.68 $0.69 -$0.26 -$0.80 $0.33 $12.35K $52.09K $4.296K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $66.00K $0.00 $600.0K $1.200M $2.800M $6.000M $9.600M $100.0K
YoY Change -100.0% -50.0% -57.14% -53.33% -37.5% 9500.0%
Cash & Equivalents $66.00K $0.00 $600.0K $1.200M $2.800M $6.000M $9.600M $100.0K
Short-Term Investments
Other Short-Term Assets $1.500M $1.326M $920.0K $1.500M $1.700M $100.0K
YoY Change 13.12% 44.13% -38.67% -11.76% 1600.0%
Inventory
Prepaid Expenses
Receivables $89.56M $86.73M $81.94M $74.60M $105.6M $0.00 $200.0K $0.00
Other Receivables $0.00 $940.0K $940.0K $17.20M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $91.13M $88.99M $83.80M $93.90M $108.6M $2.900M $6.000M $9.800M $100.0K
YoY Change 2.4% 6.19% -10.75% -13.54% 3644.83% -51.67% -38.78% 9700.0%
Property, Plant & Equipment $3.794B $3.751B $3.395B $3.254B $3.273B
YoY Change 1.12% 10.51% 4.33% -0.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $626.7M $652.8M $696.0M $722.5M $709.6M $43.50M $23.80M $7.500M $1.000M
YoY Change -4.0% -6.21% -3.67% 1.82% 1531.26% 82.77% 217.33% 650.0%
Other Assets $10.89M $12.03M $12.67M $113.0M $117.7M $1.300M
YoY Change -9.48% -5.06% -88.79% -3.99% 8953.85%
Total Long-Term Assets $5.646B $5.702B $5.460B $5.517B $6.174B $44.80M $23.80M $7.600M $900.0K
YoY Change -0.98% 4.43% -1.03% -10.65% 13681.92% 88.24% 213.16% 744.44%
Total Assets $5.738B $5.791B $5.544B $5.611B $6.283B $47.70M $29.80M $17.40M $1.000M
YoY Change
Accounts Payable $14.96M $28.30M $28.55M $13.40M $9.800M $700.0K
YoY Change -47.15% -0.87% 113.04% 36.73% 1300.0%
Accrued Expenses $80.63M $72.72M $80.84M $74.90M $104.2M $400.0K $300.0K $400.0K $0.00
YoY Change 10.88% -10.05% 7.93% -28.12% 25950.0% 33.33% -25.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $96.42M $102.1M $114.0M $94.00M $242.1M $16.80M $14.20M $7.100M $100.0K
YoY Change -5.54% -10.47% 21.29% -61.17% 1341.07% 18.31% 100.0% 7000.0%
Long-Term Debt $3.213B $3.361B $3.123B $3.092B $2.892B $0.00 $0.00 $0.00 $0.00
YoY Change -4.41% 7.63% 1.01% 6.89%
Other Long-Term Liabilities $10.38M $4.428M $6.663M $7.000M $5.100M
YoY Change 134.3% -33.54% -4.81% 37.25%
Total Long-Term Liabilities $3.224B $3.366B $3.130B $3.099B $2.897B $0.00 $0.00 $0.00 $0.00
YoY Change -4.22% 7.55% 1.0% 6.95%
Total Liabilities $3.586B $3.599B $3.257B $3.193B $3.140B $16.80M $14.20M $7.100M $500.0K
YoY Change -0.36% 10.49% 2.03% 1.69% 18587.5% 18.31% 100.0% 1320.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 479.4M 478.2M 477.3M 478.3M 442.6M 186.2M 186.2M
Diluted Shares Outstanding 482.4M 480.3M 479.7M 478.3M 442.6M 186.2M 186.2M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.4028 Billion

About Antero Midstream Corp

Antero Midstream Corp. is a growth-oriented midstream energy company, which owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. The company is headquartered in Denver, Colorado and currently employs 604 full-time employees. The company went IPO on 2017-05-04. The Company’s assets consist of gathering systems and compression facilities, water handling and blending facilities and interests in processing. The Company’s segments include Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from wells in West Virginia and Ohio. The Gathering and Processing segment also includes equity in earnings from the Company’s investments in the Joint Venture and Stonewall. The Company’s Water Handling segment includes two independent systems that deliver freshwater from sources, including the Ohio River, local reservoirs and several regional waterways. The Water Handling segment also includes the clearwater facility.

Industry: Natural Gas Transmission Peers: Kinetik Holdings Inc. Crestwood Equity Partners LP DT Midstream, Inc. EnLink Midstream, LLC ENTERPRISE PRODUCTS PARTNERS L.P. Midstream Co LLC Excelerate Energy, Inc. Hess Midstream LP PLAINS ALL AMERICAN PIPELINE LP Shell Midstream Partners, L.P.