Antero Midstream Corporation Common Stock (AM) Valuation
Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)
Antero Midstream Corp is a midstream company that owns, operates, and develops midstream energy assets that service Antero Resources' production and completion activity in the Appalachian Basin, lo...
Antero Midstream Corporation Common Stock (AM) currently trades at a P/E ratio of 24.49 (historical range: 17.50–26.99, median: 19.95), placing it at the 77th percentile — above its historical average, P/S ratio of 8.30 (range: 6.39–9.65, 70th percentile — above its historical average), EV/EBITDA of 19.66 (range: 15.67–19.98, 89th percentile).
Over the historical period (2024-09-23 to 2026-09-21), Antero Midstream Corporation Common Stock's P/E ratio has expanded by 14% over the observed period (from an average of 19.8 to 22.5).
Antero Midstream Corporation Common Stock appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 24.49 | 17.50 | 19.95 | 26.99 | 77th | above its historical average |
| P/S Ratio | 8.30 | 6.39 | 7.65 | 9.65 | 70th | above its historical average |
| EV/EBITDA | 19.66 | 15.67 | 18.22 | 19.98 | 89th | expensive relative to its history |
| FCF Yield | 0.08 | 0.07 | 0.08 | 0.09 | 46th | near its historical average |
Antero Midstream Corporation Common Stock (AM) Valuation & P/E History
Antero Midstream Corporation Common Stock (AM) is a US-listed stock operating in the Utilities sector, specifically the Natural Gas Transmission industry currently trading at $21.04 with a market capitalization of $10.0 billion. This page provides historical valuation analysis for AM based on 500 data points covering 2024-09-23 to 2026-09-21. The P/E ratio of 24.49 is above the historical median of 19.95, placing AM at the 77th percentile of its valuation range. The P/S ratio of 8.30 compares to a median of 7.65.
AM Valuation Metrics & Historical Range
The valuation table above shows Antero Midstream Corporation Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether AM is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests AM is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Antero Midstream Corporation Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is AM Overvalued or Undervalued?
Antero Midstream Corporation Common Stock appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics. The overall valuation percentile of 79 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive AM is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full AM analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.AM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.