Antero MidstreamAM -0.22%81 5-Year Yield-on-Cost % is 3.03 as of Jun. 30, 2026, which is 52% below its 10-year median of 6.36. GuruFocus rates AM with a GF Score™ of 81/100 and a GF Value™ of $17.31 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 504 Oil & Gas companies, Antero Midstream ranks worse than 68.25% on this metric.
Antero Midstream's yield on cost for the quarter that ended in Mar. 2026 was 3.03.
The historical rank and industry rank for Antero Midstream's 5-Year Yield-on-Cost % or its related term are showing as below:
AM'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.92 Med: 6.36 Max: 37.93
Current: 3.03
During the past 11 years, Antero Midstream's highest Yield on Cost was 37.93. The lowest was 2.92. And the median was 6.36.
AM's 5-Year Yield-on-Cost % is ranked worse than 68.25% of 504
companies
in the Oil & Gas industry
Industry Median: 5.235
vs AM: 3.03
Antero Midstream (NYSE:AM) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Antero Midstream 5-Year Yield-on-Cost % Related Terms
AM vs VNOM, FRO, DTM: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Midstream subindustry, Antero Midstream's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Antero Midstream's 5-Year Yield-on-Cost % falls into.
Antero Midstream 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Antero Midstream (AM) has a 5-Year Yield-on-Cost % of 3.03 as of Jun. 30, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Antero Midstream and its competitors. This is 52% below median its historical median of 6.36. Over the past decade, Antero Midstream's 5-Year Yield-on-Cost % has ranged from 2.92 to 37.93. According to the industry distribution chart, Antero Midstream ranks #344 out of 504 companies in the Oil & Gas industry, placing it in the top 68.3%.
Is Antero Midstream's 5-Year Yield-on-Cost % too high?
Antero Midstream's current 5-Year Yield-on-Cost % of 3.03 is 52% below median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 37.93. The Oil & Gas industry median 5-Year Yield-on-Cost % is 5.24. Antero Midstream's value of 3.03 is 42.1% below this industry median. Based on the distribution chart, Antero Midstream ranks #344 out of 504 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 Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's 5-Year Yield-on-Cost % compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #344 out of 504 companies for 5-Year Yield-on-Cost %. This places Antero Midstream in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 5.24. Antero Midstream's value of 3.03 is 42.1% below this benchmark. Historically, Antero Midstream's own 5-Year Yield-on-Cost % has ranged from 2.92 to 37.93 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 5.24, 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 5.24, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current 5-Year Yield-on-Cost % of 3.03 is 42.1% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current 5-Year Yield-on-Cost % is 3.03, which is 52% below median its own 10-year median of 6.36. 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 $17.31, compared to a current price of $22.75 — trading 31.4% above its estimated fair value. The current 5-Year Yield-on-Cost % is 3.03, which is 52% below median its 10-year median of 6.36 and 42.1% below the Oil & Gas industry median of 5.24. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Antero Midstream (AM), the current 5-Year Yield-on-Cost % is 3.03 as of Jun. 30, 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 $22.75 is trading 31.4% above its estimated GF Value™ of $17.31.
GuruFocus considers Antero Midstream to be Significantly Overvalued.
Key valuation signals for AM:
5-Year Yield-on-Cost %: 3.03 (52% below median its 10-year median of 6.36)
GF Value™: $17.31 vs. price of $22.75 (31.4% above fair value)
Industry Position: 42.1% below the Oil & Gas median (#344 of 504)
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
Get the complete analysis for AM
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AM has been successfully added to your 