Antero MidstreamAM -0.20%81 Quick Ratio is 0.99 as of Mar. 2026, which is 3% above its 10-year median of 0.96. 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 1,011 Oil & Gas companies, Antero Midstream ranks worse than 55.98% on this metric.
Antero Midstream has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Antero Midstream's Quick Ratio or its related term are showing as below:
AM'
s Quick Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.96 Max: 3.41
Current: 0.99
During the past 11 years, Antero Midstream's highest Quick Ratio was 3.41. The lowest was 0.17. And the median was 0.96.
AM's Quick Ratio is ranked worse than 55.98% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs AM: 0.99
Antero Midstream (NYSE:AM) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Antero Midstream Quick Ratio Related Terms
Antero Midstream Quick Ratio Historical Data
* Premium members only.
The historical data trend for Antero Midstream's Quick 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.
For the Oil & Gas Midstream subindustry, Antero Midstream's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Antero Midstream's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Antero Midstream's Quick 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 Quick Ratio of 0.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Antero Midstream and its competitors. This is near median its historical median of 0.96. Over the past decade, Antero Midstream's Quick Ratio has ranged from 0.17 to 3.41. According to the industry distribution chart, Antero Midstream ranks #566 out of 1011 companies in the Oil & Gas industry, placing it in the top 56%.
Is Antero Midstream's Quick Ratio too high?
Antero Midstream's current Quick Ratio of 0.99 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 3.41. The Oil & Gas industry median Quick Ratio is 1.12. Antero Midstream's value of 0.99 is 11.6% below this industry median. Based on the distribution chart, Antero Midstream ranks #566 out of 1011 companies in the Oil & Gas industry, which is below 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 Quick Ratio compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #566 out of 1011 companies for Quick Ratio. This places Antero Midstream in the lower half of its industry. The industry median Quick Ratio is 1.12. Antero Midstream's value of 0.99 is 11.6% below this benchmark. Historically, Antero Midstream's own Quick Ratio has ranged from 0.17 to 3.41 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.12, 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Quick Ratio of 0.99 is 11.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Quick Ratio is 0.99, which is near median its own 10-year median of 0.96. 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 Quick Ratio is 0.99, which is near median its 10-year median of 0.96 and 11.6% below the Oil & Gas industry median of 1.12. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Antero Midstream (AM), the current Quick Ratio is 0.99 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 $22.17 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:
Quick Ratio: 0.99 (near median its 10-year median of 0.96)
GF Value™: $17.30 vs. price of $22.17 (28.1% above fair value)
Industry Position: 11.6% below the Oil & Gas median (#566 of 1011)
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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