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Antero MidstreamAM -1.14%79 Equity-to-Asset is 0.30 as of Mar. 2026, which is 29% below its 10-year median of 0.42. 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 1,025 Oil & Gas companies, Antero Midstream ranks worse than 72.29% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Antero Midstream's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,936 Mil. Antero Midstream's Total Assets for the quarter that ended in Mar. 2026 was $6,406 Mil.
Therefore, Antero Midstream's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.30.
The historical rank and industry rank for Antero Midstream's Equity-to-Asset or its related term are showing as below:
AM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.42 Max: 0.7
Current: 0.3
During the past 11 years, the highest Equity to Asset Ratio of Antero Midstream was 0.70. The lowest was 0.30. And the median was 0.42.
AM's Equity-to-Asset is ranked worse than 72.29% of 1025
companies
in the Oil & Gas industry
Industry Median: 0.49
vs AM: 0.30
Antero Midstream (NYSE:AM) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Antero Midstream Equity-to-Asset Related Terms
Antero Midstream Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Antero Midstream's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Antero Midstream's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Antero Midstream's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.30 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Antero Midstream and its competitors. This is 29% below median its historical median of 0.42. Over the past decade, Antero Midstream's Equity-to-Asset has ranged from 0.30 to 0.70. According to the industry distribution chart, Antero Midstream ranks #741 out of 1025 companies in the Oil & Gas industry, placing it in the top 72.3%.
Is Antero Midstream's Equity-to-Asset too high?
Antero Midstream's current Equity-to-Asset of 0.30 is 29% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.70. The Oil & Gas industry median Equity-to-Asset is 0.49. Antero Midstream's value of 0.30 is 38.8% below this industry median. Based on the distribution chart, Antero Midstream ranks #741 out of 1025 companies in the Oil & Gas industry, which is below 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 Equity-to-Asset compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #741 out of 1025 companies for Equity-to-Asset. This places Antero Midstream in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Antero Midstream's value of 0.30 is 38.8% below this benchmark. Historically, Antero Midstream's own Equity-to-Asset has ranged from 0.30 to 0.70 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.49, Antero Midstream has consistently been below 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Equity-to-Asset of 0.30 is 38.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Equity-to-Asset is 0.30, which is 29% below median its own 10-year median of 0.42. 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 $22.59 — trading 30.7% above its estimated fair value. The current Equity-to-Asset is 0.30, which is 29% below median its 10-year median of 0.42 and 38.8% below the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Antero Midstream (AM), the current Equity-to-Asset is 0.30 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 $22.59 is trading 30.7% above its estimated GF Value™ of $17.28.
GuruFocus considers Antero Midstream to be Significantly Overvalued.
Key valuation signals for AM:
Equity-to-Asset: 0.30 (29% below median its 10-year median of 0.42)
GF Value™: $17.28 vs. price of $22.59 (30.7% above fair value)
Industry Position: 38.8% below the Oil & Gas median (#741 of 1025)
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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