← Antero Midstream Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $9.7m |
$2.3m
-76.06%
|
$61.4m
+2539.66%
|
($355.6m)
-679.35%
|
($123.1m)
+65.38%
|
$331.1m
+368.99%
|
$325.7m
-1.62%
|
$371.2m
+13.98%
|
$400.3m
+7.84%
|
$412.6m
+3.07%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $9.7m | $2.3m | $66.6m | ($355.1m) | ($122.5m) | $331.6m | $326.2m | $371.8m | $400.9m | $413.2m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $5.2m | — | — | — | — | — | — | — | — | |
| Depreciation and amortization | — | — | — | $95.5m | $108.8m | $108.8m | $131.8m | $136.1m | $140.0m | $134.3m | $219.6m | |
| Amortization of Debt Issuance Costs | — | — | $148k | $3.2m | $4.5m | $5.5m | $5.7m | $6.0m | $6.0m | $5.3m | — | |
| Amortization of Intangible Assets | — | — | — | $57.0m | $70.7m | $70.7m | $70.7m | $70.7m | $70.7m | $70.7m | — | |
| Amortization of customer relationships | — | — | — | $57.0m | $70.7m | $70.7m | $70.7m | $70.7m | $70.7m | $70.7m | — | |
| Amortization of deferred financing costs | — | — | $148k | $3.2m | $4.5m | $5.5m | $5.7m | $6.0m | $6.0m | $5.3m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $70.7m | $70.7m | $70.7m | $70.7m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $70.7m | $70.7m | $70.7m | $70.7m | $79.3m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $202.4m | $206.7m | $210.7m | $205.0m | $219.6m | |
| Deferred Income Tax Expense (Benefit) | ($368k) | — | ($1.3m) | ($101.9m) | ($171k) | $117.1m | $117.5m | $134.7m | $147.7m | $149.4m | $151.5m | |
| Deferred Tax | — | — | — | — | — | — | $117.5m | $134.7m | $147.7m | $149.4m | $151.5m | |
| Share-based Payment Arrangement, Noncash Expense | — | $34.9m | $35.1m | $73.5m | $12.8m | $13.5m | $19.7m | $31.6m | $44.3m | $46.0m | $43.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $2.0m | $476k | $5.0m | $6.9m | $8.5m | $15.0m | $27.6m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | $73.5m | $12.8m | $13.5m | $19.7m | $31.6m | $44.3m | $46.0m | $43.6m | |
| Goodwill, Impairment Loss | — | — | — | $340.4m | $575.5m | — | — | — | — | — | $300k | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | $11.9m | — | — | — | — | — | — | — | |
| Impairment of property and equipment | — | — | — | — | — | $5.0m | $3.7m | $146k | $332k | $984k | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $3.7m | $146k | $332k | $984k | $300k | |
| Income (Loss) from Equity Method Investments | $16.9m | $69.7m | $142.9m | $51.3m | $86.4m | $90.5m | $94.2m | $105.5m | $110.6m | $116.4m | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | ($106.6m) | ($95.7m) | ($111.8m) | ($110.5m) | ($80.5m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($94.2m) | ($105.5m) | ($110.6m) | ($116.4m) | ($116.9m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $5.1m | ($4.0m) | ($5.3m) | $240k | $28.7m | |
| Increase (Decrease) in Accounts Receivable | — | — | — | ($185k) | ($1.4m) | ($904k) | ($723k) | ($359k) | ($748k) | ($325k) | ($9.6m) | |
| Accounts receivable-Antero Resources | ($217k) | — | — | $42.5m | $27.3m | ($7.5m) | ($3.4m) | ($2.5m) | ($26.6m) | $3.8m | ($9.6m) | |
| Accounts receivable-third party | — | — | — | $185k | $1.4m | $904k | $723k | $359k | $748k | $325k | ($9.6m) | |
| Change In Receivables | — | — | — | — | — | — | ($2.6m) | ($1.2m) | ($25.8m) | $2.2m | ($9.6m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($2.6m) | ($2.1m) | ($25.8m) | $4.1m | ($9.6m) | |
| Increase (Decrease) in Accounts Payable | — | — | — | ($9.8m) | $1.2m | $695k | $8.0m | ($7.8m) | $3.7m | ($2.1m) | $1.1m | |
| Accounts payable-Antero Resources | — | — | $674k | ($2.1m) | $716k | $792k | $782k | ($1.3m) | ($54k) | $1.1m | $1.1m | |
| Accounts payable-third party | — | — | $28k | ($9.8m) | $1.2m | $695k | $8.0m | ($7.8m) | $3.7m | ($2.1m) | $1.1m | |
| Increase (decrease) in accrued capital expenditures and accounts payable for property and equipment | — | — | — | ($6.2m) | ($14.5m) | $27.0m | ($17.0m) | $1.3m | ($13.4m) | $9.8m | — | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $8.0m | ($782k) | $21.3m | ($1.3m) | $1.1m | |
| Accrued liabilities | — | — | $171k | $8.7m | ($13.1m) | ($7.3m) | ($747k) | $8.3m | $17.7m | ($1.3m) | $37.7m | |
| Change In Accrued Expense | — | — | — | — | — | — | ($747k) | $8.3m | $17.7m | ($1.3m) | $37.7m | |
| Other operating activities | — | — | — | — | — | — | — | $7.0m | $912k | $192k | — | |
| Other current assets | — | — | ($5k) | ($335k) | $155k | $550k | ($313k) | ($2.0m) | ($781k) | ($737k) | ($422k) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | — | ($192k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $9.5m |
$28.1m
+194.43%
|
$83.5m
+197.48%
|
$622.4m
+645.10%
|
$753.4m
+21.05%
|
$709.8m
-5.79%
|
$699.6m
-1.43%
|
$779.1m
+11.36%
|
$844.0m
+8.33%
|
$932.5m
+10.48%
|
$961.2m
+3.08%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | $267.4m | $157.9m | — | ($515.6m) | ($184.0m) | ($242.3m) | ($162.3m) | ($185.6m) | |
| Additional investments in unconsolidated affiliate | — | — | — | ($154.4m) | ($25.3m) | ($2.1m) | — | ($262k) | ($2.4m) | ($6.7m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | ($619.5m) | — | — | — | — | — | — | ($1.1b) | |
| Acquisitions of gathering systems and facilities | — | — | — | — | — | — | ($216.7m) | ($266k) | ($70.0m) | — | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | — | $304k | — | |
| Other investing activities | — | — | — | — | — | — | — | $1.1m | $2.0m | ($304k) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $4.8m | $1.1m | $2.0m | ($304k) | $378.5m | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | ($525.7m) | ($219.2m) | ($233.2m) | ($493.8m) | ($183.2m) | ($242.7m) | ($169.2m) | ($912.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($21.8m) | — | — | ($14.1m) | ($1.3m) | — | |
| Loss on early extinguishment of debt | — | — | — | — | — | $21.8m | — | — | $14.1m | $1.3m | — | |
| Borrowings on Credit Facility | — | — | — | — | — | $1.0b | $1.3b | $1.0b | $1.6b | $1.8b | — | |
| Issuance Of Debt | — | — | — | — | — | — | $1.3b | $1.0b | $2.2b | $3.0b | $3.9b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.3b | $1.0b | $2.2b | $3.0b | $3.9b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.0b) | ($1.2b) | ($2.3b) | ($2.9b) | ($3.3b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $234.8m | ($151.9m) | ($106.7m) | $115.7m | $552.4m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $234.8m | ($151.9m) | ($106.7m) | $115.7m | $552.4m | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($66.3m) | $234.8m | ($151.9m) | — | — | $111.6m | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.0b) | ($1.2b) | ($2.3b) | ($2.9b) | ($3.3b) | |
| Short Term Debt Issuance | — | — | — | — | — | $1.0b | $1.3b | $1.0b | — | — | $1.6b | |
| Short Term Debt Payments | — | — | — | — | — | ($66.3m) | ($1.0b) | ($1.2b) | — | — | ($1.7b) | |
| Payments for Repurchase of Common Stock | — | — | — | $125.5m | $24.7m | — | — | — | $28.7m | $135.0m | — | |
| Payments of Ordinary Dividends, Common Stock | — | $16 | $84 | $492 | $590 | $471 | $433 | $435 | $438 | $439 | ($436.2m) | |
| Dividends to common stockholders | — | ($16) | ($84) | ($492) | ($590) | ($471) | ($433) | ($435) | ($438) | ($439) | — | |
| Repurchases of common stock | — | — | — | ($125.5m) | ($24.7m) | — | — | — | ($28.7m) | ($135.0m) | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($432.8m) | ($434.8m) | ($437.6m) | ($439.0m) | ($435.6m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($28.7m) | ($135.0m) | ($116.0m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($28.7m) | ($135.0m) | ($116.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($28.7m) | ($135.0m) | ($116.0m) | |
| Dividends to preferred stockholders | — | — | — | ($0) | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($433.4m) | ($435.4m) | ($438.2m) | ($439.6m) | ($436.2m) | |
| Dividend Received CFO | — | — | — | — | — | — | $120.5m | $131.8m | $135.7m | $141.3m | $143.5m | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($550k) | ($550k) | ($550k) | ($550k) | ($550k) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | ($174k) | ($160k) | ($41k) | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($7.2m) | ($8.5m) | ($27.8m) | ($41.5m) | ($48.8m) | |
| Net Cash Provided by (Used in) Financing Activities | — | ($31.7m) |
($86.7m)
-173.47%
|
($98.3m)
-13.38%
|
($534.7m)
-444.00%
|
($477.1m)
+10.77%
|
($205.8m)
+56.87%
|
($595.8m)
-189.53%
|
($601.3m)
-0.93%
|
($500.3m)
+16.80%
|
($48.6m)
+90.30%
|
|
| Net increase (decrease) in cash, cash equivalents and restricted cash | — | — | ($3.2m) | ($1.6m) | ($595k) | ($640k) | — | $66k | ($66k) | $262.9m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($3.2m) | ($1.6m) | ($595k) | ($640k) | — | $66k | ($66k) | $262.9m | $262.9m | |
| Cash and cash equivalents, beginning of period | — | — | $2.8m | $1.2m | $640k | $640k | — | $66k | $66k | $262.9m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $0 | $0 | $66k | $0 | $0 | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($3.2m) | $1.2m | $640k | ($640k) | — | $66k | ($66k) | $262.9m | $262.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $3k | $83.0m | $140.7m | $179.7m | $183.1m | $214.0m | $189.9m | $187.7m | — | |
| Income Taxes Paid, Net | — | ($19.1m) | $31.8m | $16.1m | $39.2m | $16.3m | $0 | $9.6m | $104k | $2.6m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | — | — | — | — | ($2.9m) | ($3.6m) | $2.3m | ($6.0m) | ($723k) | — | — | |
| General and Administrative Expense | $814k | $6.2m | $8.7m | $118.1m | $52.2m | $63.8m | $62.1m | $71.1m | $86.1m | $87.9m | — | |
| Goodwill | — | — | — | $575.5m | — | — | — | — | — | — | $300k | |
| Income Tax Expense (Benefit) | $6.4m | $26.3m | $32.3m | ($102.5m) | ($55.7m) | $117.1m | $117.5m | $128.3m | $147.7m | $151.0m | — | |
| Operating Expenses | $814k | $41.1m | $43.9m | $1.2b | $1.0b | $342.9m | $380.5m | $429.9m | $447.0m | $543.8m | — | |
| Payments of Financing Costs | — | — | $230k | $8.9m | $6.3m | $16.6m | $302k | — | $12.8m | $13.9m | — | |
| Equity-based compensation | — | $34.9m | $35.1m | $73.5m | $12.8m | $13.5m | $19.7m | $31.6m | $44.3m | $46.0m | — | |
| Equity in earnings of unconsolidated affiliates | ($16.9m) | ($69.7m) | ($142.9m) | ($51.3m) | ($86.4m) | ($90.5m) | ($94.2m) | ($105.5m) | ($110.6m) | ($116.4m) | — | |
| Distributions from unconsolidated affiliates | $10.4m | $53.5m | $123.2m | $64.3m | $98.9m | $119.0m | $120.5m | $131.8m | $135.7m | $141.3m | — | |
| Settlement of asset retirement obligations | — | — | — | — | ($2.2m) | ($1.4m) | ($5.5m) | ($1.3m) | ($795k) | ($467k) | — | |
| Income tax receivable | — | — | — | — | ($17.3m) | $16.3m | — | $940k | — | ($1.9m) | — | |
| Income taxes payable | $6.6m | $7.2m | $1.8m | ($15.7m) | — | $0 | — | $0 | $0 | $942k | — | |
| Additions | — | — | — | ($267.4m) | ($157.9m) | ($232.8m) | ($298.9m) | ($183.7m) | ($172.3m) | ($162.3m) | — | |
| Issuance of Senior Notes | — | — | — | $650.0m | $550.0m | $750.0m | — | — | $600.0m | $1.2b | — | |
| Redemption of Senior Notes | — | — | — | — | — | ($667.5m) | — | — | ($560.9m) | ($650.0m) | — | |
| Payments of deferred financing costs | — | — | ($230k) | ($8.9m) | ($6.3m) | ($16.6m) | ($302k) | — | ($12.8m) | ($13.9m) | — | |
| Repayments on Credit Facility | — | — | — | — | — | ($1.1b) | ($1.0b) | ($1.2b) | ($1.7b) | ($2.3b) | — | |
| Employee tax withholding for settlement of equity-based compensation awards | — | — | — | ($2.0m) | ($476k) | ($5.0m) | ($6.9m) | ($8.5m) | ($15.0m) | ($27.6m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($205.8m) | ($595.8m) | ($601.3m) | ($500.3m) | ($48.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($493.8m) | ($183.2m) | ($242.7m) | ($169.2m) | ($912.7m) | |
| Change In Account Payable | — | — | — | — | — | — | $8.8m | ($9.0m) | $3.7m | ($936k) | $1.1m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $0 | $66k | ($66k) | $262.9m | — | |
| Change In Payable | — | — | — | — | — | — | $8.8m | ($9.0m) | $3.7m | $6k | $1.1m | |
| Change In Tax Payable | — | — | — | — | — | $0 | — | $0 | $0 | $942k | ($47k) | |
| Changes In Cash | — | — | — | — | — | ($640k) | — | $66k | ($66k) | $262.9m | $262.9m | |
| End Cash Position | — | — | — | — | — | — | $0 | $66k | $0 | $262.9m | $262.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($205.8m) |
($595.8m)
-189.53%
|
($601.3m)
-0.93%
|
($500.3m)
+16.80%
|
($48.6m)
+90.30%
|
|
| Free Cash Flow | — | — | — | — | — | — | $184.0m | $595.1m | $601.7m | $770.2m | $775.6m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | $0 | $0 | $86.6m | $86.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($493.8m) | ($183.2m) | ($242.7m) | ($169.2m) | ($912.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $17.0m | ($262k) | ($2.4m) | ($6.7m) | ($1.1b) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($515.6m) | ($184.0m) | ($242.3m) | ($162.3m) | ($185.6m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($96.5m) | ($105.5m) | ($96.5m) | ($28.5m) | ($31.7m) | |
| Other Non Cash Items | — | — | — | — | — | — | $1.0m | $11.7m | $6.1m | $5.0m | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($262k) | ($2.4m) | ($6.7m) | ($1.1b) | |
| Purchase Of PPE | — | — | — | $267.4m | $157.9m | — | ($515.6m) | ($184.0m) | ($242.3m) | ($162.3m) | ($185.6m) | |
| Sale Of Business | — | — | — | — | — | $0 | $17.0m | $0 | $0 | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $19.7m | $31.6m | $44.3m | $46.0m | $43.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.