Antero MidstreamAM 75 EV-to-EBIT is 19.10 as of Jul. 09, 2026, which is 43% above its 10-year median of 13.36. GuruFocus rates AM with a GF Score™ of 75/100 and a GF Value™ of $17.32 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 685 Oil & Gas companies, Antero Midstream ranks worse than 74.31% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Antero Midstream's Enterprise Value for the quarter that ended in Mar. 2026 was $14,543 Mil.
Antero Midstream's EBIT 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 $759 Mil.
* 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 EV-to-EBIT Related Terms
Antero Midstream EV-to-EBIT Historical Data
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The historical data trend for Antero Midstream's EV-to-EBIT 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.
For the Oil & Gas Midstream subindustry, Antero Midstream's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Antero Midstream's EV-to-EBIT falls into.
Antero Midstream's current Enterprise Value is $14,499 Mil.
Antero Midstream's EBIT 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 $759 Mil.
* 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 (AM) has a EV-to-EBIT of 19.10 as of Jul. 09, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Antero Midstream and its competitors. This is 43% above median its historical median of 13.36. According to the industry distribution chart, Antero Midstream ranks #509 out of 685 companies in the Oil & Gas industry, placing it in the top 74.3%.
Is Antero Midstream's EV-to-EBIT too high?
Antero Midstream's current EV-to-EBIT of 19.10 is 43% above median its 10-year median of 13.36. The Oil & Gas industry median EV-to-EBIT is 11.66. Antero Midstream's value of 19.10 is 63.8% above this industry median. Based on the distribution chart, Antero Midstream ranks #509 out of 685 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Antero Midstream has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's EV-to-EBIT compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #509 out of 685 companies for EV-to-EBIT. This places Antero Midstream in the lower half of its industry. The industry median EV-to-EBIT is 11.66. Antero Midstream's value of 19.10 is 63.8% above this benchmark. While the company's 10-year median is 13.36 vs. the industry median of 11.66, Antero Midstream has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.66, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current EV-to-EBIT of 19.10 is 63.8% above 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current EV-to-EBIT is 19.10, which is 43% above median its own 10-year median of 13.36. 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 $17.32, compared to a current price of $22.71 — trading 31.1% above its estimated fair value. The current EV-to-EBIT is 19.10, which is 43% above median its 10-year median of 13.36 and 63.8% above the Oil & Gas industry median of 11.66. Antero Midstream's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Antero Midstream (AM), the current EV-to-EBIT is 19.10 as of Jul. 09, 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 $22.71 is trading 31.1% above its estimated GF Value™ of $17.32.
GuruFocus considers Antero Midstream to be Significantly Overvalued.
Key valuation signals for AM:
EV-to-EBIT: 19.10 (43% above median its 10-year median of 13.36)
GF Value™: $17.32 vs. price of $22.71 (31.1% above fair value)
Industry Position: 63.8% above the Oil & Gas median (#509 of 685)
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.
75GF Score
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