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Antero MidstreamAM -0.48%82 Operating Cash Flow per Share is $2.01 as of Jun. 2026. GuruFocus rates AM with a GF Score™ of 82/100 and a GF Value™ of $18.69 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 754 Oil & Gas companies, Antero Midstream ranks better than 60.08% on this metric.
Antero Midstream's operating cash flow per share for the
three
months ended in Jun. 2026 was $0.53.
Antero Midstream's operating cash flow per share for the trailing twelve months (TTM) ended in Jun. 2026 was $2.01.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Antero Midstream was 10.20% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Operating Cash Flow per Share Growth Rate was 4.70% per year.
During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 69.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the OCF Growth Rate using Operating Cash Flow per Share data.
The historical rank and industry rank for Antero Midstream's Operating Cash Flow per Share or its related term are showing as below:
AM'
s 3-Year OCF Growth Rate Range Over the Past 10 Years
Min: 0.8 Med: 29.35 Max: 507.8
Current: 9.9
During the past 11 years, Antero Midstream's highest 3-Year average Operating Cash Flow per Share Growth Rate was 507.80% per year. The lowest was 0.80% per year. And the median was 29.35% per year.
AM's 3-Year OCF Growth Rate is ranked better than 60.08% of 754
companies
in the Oil & Gas industry
Industry Median: 3.6
vs AM: 9.90
Antero Midstream Operating Cash Flow per Share Related Terms
Antero Midstream Operating Cash Flow per Share Historical Data
* Premium members only.
The historical data trend for Antero Midstream's Operating Cash Flow per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Antero Midstream Operating Cash Flow per Share Chart
AM vs FRO, DTM, PAGP: Operating Cash Flow per Share Comparison
For the Oil & Gas Midstream subindustry, Antero Midstream's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Antero Midstream Price-to-Operating-Cash-Flow vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Antero Midstream's Price-to-Operating-Cash-Flow falls into.
Operating Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.01
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Operating Cash Flow per Share of $2.01 mean?
Antero Midstream (AM) has a Operating Cash Flow per Share of $2.01 as of Jun. 2026. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Antero Midstream and its competitors. According to the industry distribution chart, Antero Midstream ranks #301 out of 754 companies in the Oil & Gas industry, placing it in the top 39.9%.
Is Antero Midstream's Operating Cash Flow per Share too high?
Antero Midstream's current Operating Cash Flow per Share is $2.01. The Oil & Gas industry median Operating Cash Flow per Share is 3.60. Antero Midstream's value of $2.01 is 44.2% below this industry median. Based on the distribution chart, Antero Midstream ranks #301 out of 754 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Midstream has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Operating Cash Flow per Share compare to FRO and DTM?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #301 out of 754 companies for Operating Cash Flow per Share. This puts Antero Midstream in the upper half of its industry. The industry median Operating Cash Flow per Share is 3.60. Antero Midstream's value of $2.01 is 44.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Cash Flow per Share for an Oil & Gas company?
The median Operating Cash Flow per Share among Oil & Gas companies is 3.60, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a Operating Cash Flow per Share significantly above this median, while those in the bottom quartile fall well below. However, Operating Cash Flow per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Operating Cash Flow per Share of $2.01 is 44.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Cash Flow per Share mean?
A high Operating Cash Flow per Share can signal that a stock is expensive relative to its fundamentals. Operating cash flow per share equals the per-share amount of cash flow from operations. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Operating Cash Flow per Share is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Operating Cash Flow per Share is $2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antero Midstream stock overvalued right now?
Based on GuruFocus' analysis, Antero Midstream (AM) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.69, compared to a current price of $22.79 — trading 21.9% above its estimated fair value. The current Operating Cash Flow per Share is $2.01 and 44.2% below the Oil & Gas industry median of 3.60. Antero Midstream's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Cash Flow per Share calculated?
Operating Cash Flow per Share is calculated from a company's financial statements. For Antero Midstream (AM), the current Operating Cash Flow per Share is $2.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Antero Midstream (AM) Overvalued in 2026?
Based on GuruFocus' analysis, Antero Midstream stock appears to be overvalued.
The current stock price of $22.79 is trading 21.9% above its estimated GF Value™ of $18.69.
GuruFocus considers Antero Midstream to be Modestly Overvalued.
Key valuation signals for AM:
Operating Cash Flow per Share: $2.01
GF Value™: $18.69 vs. price of $22.79 (21.9% above fair value)
Industry Position: 44.2% below the Oil & Gas median (#301 of 754)
No single metric tells the full story. See the AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, located in West Virginia and Ohio. The company has two operating segments: the Gathering and Processing segment, which includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio, and the Water Handling segment, which includes two independent systems that deliver water from sources including the Ohio River, local reservoirs, and several regional waterways. The company derives a majority of its revenue from the Gathering and Processing segment.
82GF Score
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Operating Cash Flow per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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