Antero MidstreamAM -0.20%81 FCF Yield % is 7.62 as of Jun. 24, 2026, which is 8% below its 10-year median of 8.27. GuruFocus rates AM with a GF Score™ of 81/100 and a GF Value™ of $17.30 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,013 Oil & Gas companies, Antero Midstream ranks better than 70.38% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Antero Midstream FCF Yield % Related Terms
Antero Midstream FCF Yield % Historical Data
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The historical data trend for Antero Midstream's FCF Yield % 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 FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Antero Midstream's FCF Yield % falls into.
* 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 FCF Yield % of 7.62 as of Jun. 24, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Antero Midstream and its competitors. This is near median its historical median of 8.27. Over the past decade, Antero Midstream's FCF Yield % has ranged from 2.64 to 21.27. According to the industry distribution chart, Antero Midstream ranks #300 out of 1013 companies in the Oil & Gas industry, placing it in the top 29.6%.
Is Antero Midstream's FCF Yield % too high?
Antero Midstream's current FCF Yield % of 7.62 is near median its 10-year median of 8.27. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 21.27. The Oil & Gas industry median FCF Yield % is 1.70. Antero Midstream's value of 7.62 is 348.2% above this industry median. Based on the distribution chart, Antero Midstream ranks #300 out of 1013 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Midstream has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's FCF Yield % compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #300 out of 1013 companies for FCF Yield %. This puts Antero Midstream in the upper half of its industry. The industry median FCF Yield % is 1.70. Antero Midstream's value of 7.62 is 348.2% above this benchmark. Historically, Antero Midstream's own FCF Yield % has ranged from 2.64 to 21.27 over the past decade. While the company's 10-year median is 8.27 vs. the industry median of 1.70, 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 FCF Yield % for an Oil & Gas company?
The median FCF Yield % among Oil & Gas companies is 1.70, based on 1,013 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current FCF Yield % of 7.62 is 348.2% 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 FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median FCF Yield % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current FCF Yield % is 7.62, which is near median its own 10-year median of 8.27. 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 $17.30, compared to a current price of $22.17 — trading 28.1% above its estimated fair value. The current FCF Yield % is 7.62, which is near median its 10-year median of 8.27 and 348.2% above the Oil & Gas industry median of 1.70. Antero Midstream's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Antero Midstream (AM), the current FCF Yield % is 7.62 as of Jun. 24, 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 $22.17 is trading 28.1% above its estimated GF Value™ of $17.30.
GuruFocus considers Antero Midstream to be Modestly Overvalued.
Key valuation signals for AM:
FCF Yield %: 7.62 (near median its 10-year median of 8.27)
GF Value™: $17.30 vs. price of $22.17 (28.1% above fair value)
Industry Position: 348.2% above the Oil & Gas median (#300 of 1013)
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.
81GF Score
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