Antero Midstream (FRA:5711) Interest Coverage: 3.44 (As of Mar. 2026) — Near Median

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FRA:5711 Antero Midstream Corp FRA:5711
72 GF Score
Price €19.50
GF Value €14.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Antero Midstream Interest Coverage?

Antero Midstream FRA:5711 -1.27% 72 Interest Coverage is 3.44 as of Mar. 2026, which is 4% above its 10-year median of 3.30. GuruFocus rates FRA:5711 with a GF Score™ of 72/100 and a GF Value™ of €14.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 730 Oil & Gas companies, Antero Midstream ranks worse than 62.19% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Antero Midstream's Operating Income for the three months ended in Mar. 2026 was €161 Mil. Antero Midstream's Interest Expense for the three months ended in Mar. 2026 was €-47 Mil. Antero Midstream's interest coverage for the quarter that ended in Mar. 2026 was 3.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Antero Midstream's Interest Coverage or its related term are showing as below:

FRA:5711' s Interest Coverage Range Over the Past 10 Years
Min: 2.82   Med: 3.3   Max: No Debt
Current: 3.65


FRA:5711's Interest Coverage is ranked worse than
62.19% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs FRA:5711: 3.65

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Antero Midstream  (FRA:5711) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Antero Midstream Interest Coverage Related Terms


Antero Midstream Interest Coverage Historical Data

* Premium members only.

The historical data trend for Antero Midstream's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Antero Midstream Interest Coverage Chart

Antero Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 2.85 2.82 3.19 3.85

Antero Midstream Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 3.89 4.06 3.25 3.44

FRA:5711 vs VNOM, FRO, DTM: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Antero Midstream's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Antero Midstream's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Antero Midstream's Interest Coverage falls into.


FRA:5711
72GF Score
Antero Midstream Corp FRA:5711
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Antero Midstream Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Antero Midstream's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Antero Midstream's Interest Expense was €-163 Mil. Its Operating Income was €625 Mil. And its Long-Term Debt & Capital Lease Obligation was €2,752 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*625.366/-162.605
=3.85

Antero Midstream's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Antero Midstream's Interest Expense was €-47 Mil. Its Operating Income was €161 Mil. And its Long-Term Debt & Capital Lease Obligation was €3,200 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*160.849/-46.735
=3.44

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.44 mean?
Antero Midstream (FRA:5711) has a Interest Coverage of 3.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Antero Midstream and its competitors. This is near median its historical median of 3.30. Over the past decade, Antero Midstream's Interest Coverage has ranged from 2.82 to 10,000.00. According to the industry distribution chart, Antero Midstream ranks #454 out of 730 companies in the Oil & Gas industry, placing it in the top 62.2%.
Is Antero Midstream's Interest Coverage too high?
Antero Midstream's current Interest Coverage of 3.44 is near median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 10,000.00. The Oil & Gas industry median Interest Coverage is 5.89. Antero Midstream's value of 3.44 is 41.6% below this industry median. Based on the distribution chart, Antero Midstream ranks #454 out of 730 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Antero Midstream has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Interest Coverage compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #454 out of 730 companies for Interest Coverage. This places Antero Midstream in the lower half of its industry. The industry median Interest Coverage is 5.89. Antero Midstream's value of 3.44 is 41.6% below this benchmark. Historically, Antero Midstream's own Interest Coverage has ranged from 2.82 to 10,000.00 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 5.89, 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Interest Coverage of 3.44 is 41.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Interest Coverage is 3.44, which is near median its own 10-year median of 3.30. 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 (FRA:5711) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.93, compared to a current price of €19.50 — trading 30.6% above its estimated fair value. The current Interest Coverage is 3.44, which is near median its 10-year median of 3.30 and 41.6% below the Oil & Gas industry median of 5.89. Antero Midstream's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Antero Midstream (FRA:5711), the current Interest Coverage is 3.44 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 (FRA:5711) Overvalued in 2026?

Based on GuruFocus' analysis, Antero Midstream stock appears to be overvalued. The current stock price of €19.50 is trading 30.6% above its estimated GF Value™ of €14.93. GuruFocus considers Antero Midstream to be Significantly Overvalued.

Key valuation signals for FRA:5711:

  • Interest Coverage: 3.44 (near median its 10-year median of 3.30)
  • GF Value™: €14.93 vs. price of €19.50 (30.6% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 41.6% below the Oil & Gas median (#454 of 730)

No single metric tells the full story. See the FRA:5711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Antero Midstream Business Description

Industry EnergyOil & Gas
Other Exchanges AM:USA
Address 1615 Wynkoop Street, Denver, CO, USA, 80202
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.
72GF Score

Get the complete analysis for FRA:5711

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.50
Price
€14.93
GF Value