Antero Midstream Corporation (AM) P/E Ratio History
Historical price-to-earnings valuation from 2017 to 2026
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AM Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Antero Midstream Corporation (AM) trades at a price-to-earnings ratio of 25.3x, with a stock price of $21.78 and trailing twelve-month earnings per share of $0.86.
The current P/E is 46% above its 5-year average of 17.3x. Over the past five years, AM's P/E has ranged from a low of 13.1x to a high of 26.5x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Energy sector median P/E of 17.1x, AM trades at a 48% premium to its sector peers. The sector includes 172 companies with P/E ratios ranging from 3.2x to 149.1x.
Relative to the broader market, AM trades roughly in line with the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our AM DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
AM P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $8B | 13.7 | 0.81 | +15% | |
| $3B | 15.9 | - | +10% | |
| $17B | 14.1 | 0.68 | -24% | |
| $56B | 30.5 | - | +48% | |
| $27B | 15.8 | 0.45Best | +49% | |
| $12B | 24.3 | - | +206% | |
| $57B | 11.5Lowest | - | +14% | |
| $12B | 19.3 | - | +1028%Best | |
| $37B | 17.7 | - | +707% | |
| $10B | 15.7 | - | +151% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
AM Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $22.80 | $0.86 | 26.5x | -82% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $17.79 | $0.86 | 20.7x | -86% |
| FY2025 Q3 | $19.44 | $0.98 | 19.8x | -87% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $18.95 | $0.95 | 19.9x | -87% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $18.00 | $0.87 | 20.7x | -86% |
| FY2024 Q4 | $15.09 | $0.83 | 18.2x | -88% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $15.05 | $0.81 | 18.6x | -88% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $14.74 | $0.80 | 18.4x | -88% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $14.06 | $0.80 | 17.6x | -88% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $12.53 | $0.77 | 16.3x | -89% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $11.98 | $0.73 | 16.4x | -89% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $11.60 | $0.70 | 16.6x | -89% |
Average P/E for displayed period: 151.1x
Full AM Stock Analysis
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Start ComparisonAM — Frequently Asked Questions
Quick answers to the most common questions about buying AM stock.
Is AM stock overvalued or undervalued?
AM trades at 25.3x P/E, above its 5-year average of 17.3x. The 95th percentile ranking indicates a premium to historical valuation.
How does AM's valuation compare to peers?
Antero Midstream Corporation P/E of 25.3x compares to sector median of 17.1x. The premium reflects expected growth above peers.
What is AM's PEG ratio?
AM PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2017-2026.