AM (Antero Midstream) PEG Ratio: 0.70 (As of Jun. 24, 2026) — 75% Below Median


AM Antero Midstream Corp AM
81 GF Score
Price $22.17
GF Value $17.30
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Antero Midstream PEG Ratio?

Antero Midstream AM -0.20% 81 PEG Ratio is 0.70 as of Jun. 24, 2026, which is 75% below its 10-year median of 2.80. 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 303 Oil & Gas companies, Antero Midstream ranks better than 61.39% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Antero Midstream's PE Ratio without NRI is 22.87. Antero Midstream's 5-Year EBITDA growth rate is 32.70%. Therefore, Antero Midstream's PEG Ratio for today is 0.70.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


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

AM' s PEG Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.8   Max: 4.32
Current: 0.7


During the past 11 years, Antero Midstream's highest PEG Ratio was 4.32. The lowest was 0.69. And the median was 2.80.


AM's PEG Ratio is ranked better than
61.39% of 303 companies
in the Oil & Gas industry
Industry Median: 1 vs AM: 0.70

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Antero Midstream  (NYSE:AM) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Antero Midstream PEG Ratio Related Terms


Antero Midstream PEG Ratio Historical Data

* Premium members only.

The historical data trend for Antero Midstream's PEG Ratio 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 PEG Ratio Chart

Antero Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.18

Antero Midstream Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio 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 0.00 0.00 0.00 1.18 4.33

AM vs VNOM, FRO, DTM: PEG Ratio Comparison

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

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

* The bar in red indicates where Antero Midstream's PEG Ratio falls into.


AM
81GF Score
Antero Midstream Corp AM
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Antero Midstream PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Antero Midstream's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=22.874097007224/32.70
=0.70

* 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: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 0.70 mean?
Antero Midstream (AM) has a PEG Ratio of 0.70 as of Jun. 24, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Antero Midstream and its competitors. This is 75% below median its historical median of 2.80. Over the past decade, Antero Midstream's PEG Ratio has ranged from 0.69 to 4.32. According to the industry distribution chart, Antero Midstream ranks #117 out of 303 companies in the Oil & Gas industry, placing it in the top 38.6%.
Is Antero Midstream's PEG Ratio too high?
Antero Midstream's current PEG Ratio of 0.70 is 75% below median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.32. The Oil & Gas industry median PEG Ratio is 1.00. Antero Midstream's value of 0.70 is 30% below this industry median. Based on the distribution chart, Antero Midstream ranks #117 out of 303 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 PEG Ratio compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #117 out of 303 companies for PEG Ratio. This puts Antero Midstream in the upper half of its industry. The industry median PEG Ratio is 1.00. Antero Midstream's value of 0.70 is 30% below this benchmark. Historically, Antero Midstream's own PEG Ratio has ranged from 0.69 to 4.32 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.00, 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 PEG Ratio for an Oil & Gas company?
The median PEG Ratio among Oil & Gas companies is 1.00, based on 303 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current PEG Ratio of 0.70 is 30% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median PEG Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current PEG Ratio is 0.70, which is 75% below median its own 10-year median of 2.80. 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 PEG Ratio is 0.70, which is 75% below median its 10-year median of 2.80 and 30% below the Oil & Gas industry median of 1.00. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Antero Midstream (AM), the current PEG Ratio is 0.70 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:

  • PEG Ratio: 0.70 (75% below median its 10-year median of 2.80)
  • GF Value™: $17.30 vs. price of $22.17 (28.1% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 30% below the Oil & Gas median (#117 of 303)

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 Business Description

Industry EnergyOil & Gas
Other Exchanges 5711:Germany
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.
81GF Score

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

$22.17
Price
$17.30
GF Value