Antero Midstream Corporation (AM) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$21.52 +3.71% NYSE • Public Delayed / 60s Snapshot

Antero Midstream Corporation (AM) carries a Roarable Rating of C (Hold) with 65/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C • HOLD / WATCH Cap $10.16B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C
025507510065
2-of-3 JEV AI Jury Bullish
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw C- · Rk B
Cash (14)Whales (10)SEC (16)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+3.2% Base Target
$26 Bull$22 Base$17 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:63% Call Buyers ($2.8M)
37% PutsMax Pain: $21.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How AM Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$879.0M (74% FCF Margin)
Revenue$1.19BGross Profit $522.9M (44%)Cost of Sales $665.5MOp Profit $522.9M (44%)OpEx (R&D/SG&A) $0Net Profit$418.0M (35.2%)Tax/Other $104.9M

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $1.04B
FY24
Rev $1.11B
FY25
Rev $1.19B
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$1.19B44%54.2%$418.0M$879.0M10.2%
FY 2024$1.11B44%59.6%$401.0M$794.2M11.3%
FY 2023$1.04B44%58.7%$372.0M$732.2M14.3%
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring AM)

  • ✓Live walkthrough of AM's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
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AM // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -1.78%📐 HORIZONTAL RANGE
2026-10-30O $21.41H $21.71L $21.19C $21.47VOL 3.35M
RES: $23.01SUP: $19.31SMA50: $21.35SMA200: $21.59
$23.64$22.45$21.25$20.06$18.87RES $23.01SUP $19.31$21.472026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

AM Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
18.0%/yr Implied 5Y Growth

vs. +7.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on AM today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for AM. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for AM today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

AM Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Antero Midstream Corporation (AM)?

In FY 2025 (10-K), AM converted $1.2B of revenue into a 44% gross margin, 44% operating margin, and $879.0M in free cash flow (74% FCF margin).