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Antero MidstreamAM +0.04%79 Earnings per Share (Diluted) is $0.86 as of Mar. 2026. GuruFocus rates AM with a GF Score™ of 79/100 and a GF Value™ of $17.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 728 Oil & Gas companies, Antero Midstream ranks better than 67.72% on this metric.
Antero Midstream's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.25.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.86.
During the past 12 months, Antero Midstream's average EPS without NRIGrowth Rate was 12.30% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 13.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 6.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 58.00% per year.
During the past 11 years, Antero Midstream's highest 3-Year average EPS without NRI Growth Rate was 335.30% per year. The lowest was 2.60% per year. And the median was 22.25% per year.
Antero Midstream (NYSE:AM) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Antero Midstream Earnings per Share (Diluted) Related Terms
Antero Midstream Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Antero Midstream's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart
AM vs VNOM, FRO, DTM: Earnings per Share (Diluted) Comparison
For the Oil & Gas Midstream subindustry, Antero Midstream's PE Ratio, along with its competitors' market caps and PE Ratio 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 PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's PE Ratio distribution charts can be found below:
* The bar in red indicates where Antero Midstream's PE Ratio falls into.
Antero Midstream Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Antero Midstream's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.86
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $0.86 mean?
Antero Midstream (AM) has a Earnings per Share (Diluted) of $0.86 as of Mar. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Antero Midstream and its competitors. According to the industry distribution chart, Antero Midstream ranks #235 out of 728 companies in the Oil & Gas industry, placing it in the top 32.3%.
Is Antero Midstream's Earnings per Share (Diluted) too high?
Antero Midstream's current Earnings per Share (Diluted) is $0.86. Based on the distribution chart, Antero Midstream ranks #235 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Midstream has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Earnings per Share (Diluted) compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #235 out of 728 companies for Earnings per Share (Diluted). This puts Antero Midstream in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Oil & Gas company?
A good Earnings per Share (Diluted) depends on the Oil & Gas industry context. However, Earnings per Share (Diluted) 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Antero Midstream and its competitors. Antero Midstream's current Earnings per Share (Diluted) is $0.86. 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 Significantly Overvalued. The stock's GF Value™ is $17.28, compared to a current price of $22.60 — trading 30.8% above its estimated fair value. The current Earnings per Share (Diluted) is $0.86. Antero Midstream's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Antero Midstream (AM), the current Earnings per Share (Diluted) is $0.86 as of Mar. 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 $22.60 is trading 30.8% above its estimated GF Value™ of $17.28.
GuruFocus considers Antero Midstream to be Significantly Overvalued.
Key valuation signals for AM:
Earnings per Share (Diluted): $0.86
GF Value™: $17.28 vs. price of $22.60 (30.8% 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.
79GF Score
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