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Antero MidstreamAM -0.28%82 3-Year FCF Growth Rate is 61.00% as of Jun. 2026, which is 101% above its 10-year median of 30.30. GuruFocus rates AM with a GF Score™ of 82/100 and a GF Value™ of $18.72 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 666 Oil & Gas companies, Antero Midstream ranks better than 92.49% on this metric.
During the past 12 months, Antero Midstream's average Free Cash Flow per Share Growth Rate was 8.60% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 61.00% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 10.30% 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 average Free Cash Flow per Share growth rate.
During the past 12 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Antero Midstream was 507.80% per year. The lowest was -9.70% per year. And the median was 30.30% per year.
Antero Midstream (NYSE:AM) 3-Year FCF Growth Rate Explanation
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Antero Midstream 3-Year FCF Growth Rate Related Terms
AM vs FRO, DTM, PAGP: 3-Year FCF Growth Rate Comparison
For the Oil & Gas Midstream subindustry, Antero Midstream's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Antero Midstream's 3-Year FCF Growth Rate falls into.
Antero Midstream 3-Year FCF Growth Rate Calculation
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
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 average Free Cash Flow per Share growth rate.
What does a 3-Year FCF Growth Rate of 61.00% mean?
Antero Midstream (AM) has a 3-Year FCF Growth Rate of 61.00% as of Jun. 2026. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Antero Midstream and its competitors. This is 101% above median its historical median of 30.30. According to the industry distribution chart, Antero Midstream ranks #50 out of 666 companies in the Oil & Gas industry, placing it in the top 7.5%.
Is Antero Midstream's 3-Year FCF Growth Rate too high?
Antero Midstream's current 3-Year FCF Growth Rate of 61.00% is 101% above median its 10-year median of 30.30. Based on the distribution chart, Antero Midstream ranks #50 out of 666 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 3-Year FCF Growth Rate compare to FRO and DTM?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #50 out of 666 companies for 3-Year FCF Growth Rate. This places Antero Midstream in the top 8% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year FCF Growth Rate for an Oil & Gas company?
A good 3-Year FCF Growth Rate depends on the Oil & Gas industry context. However, 3-Year FCF Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year FCF Growth Rate mean?
A high 3-Year FCF Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year FCF Growth Rate is the 3-year average growth rate of Free Cash Flow per Share. View historical data for Antero Midstream and its competitors. Antero Midstream's current 3-Year FCF Growth Rate is 61.00%, which is 101% above median its own 10-year median of 30.30. 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 $18.72, compared to a current price of $21.19 — trading 13.2% above its estimated fair value. The current 3-Year FCF Growth Rate is 61.00%, which is 101% above median its 10-year median of 30.30. 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 3-Year FCF Growth Rate calculated?
3-Year FCF Growth Rate is calculated from a company's financial statements. For Antero Midstream (AM), the current 3-Year FCF Growth Rate is 61.00% 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 $21.19 is trading 13.2% above its estimated GF Value™ of $18.72.
GuruFocus considers Antero Midstream to be Modestly Overvalued.
Key valuation signals for AM:
3-Year FCF Growth Rate: 61.00% (101% above median its 10-year median of 30.30)
GF Value™: $18.72 vs. price of $21.19 (13.2% above fair value)
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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