Antero Midstream vs New Fortress Energy
New Fortress Energy is the larger business, with $1.50bn of revenue in fiscal 2025 against $1.19bn for Antero Midstream (1.3 times as much). Antero Midstream grew faster (7.4% against -36.2%). Antero Midstream kept more of each dollar of sales as profit: a net margin of 34.7% against -122.7%.
| Latest fiscal year | Antero MidstreamAM, 2025 | New Fortress EnergyNFE, 2025 |
|---|---|---|
| Revenue | $1.19bn | $1.50bn |
| Revenue growth | 7.4% | -36.2% |
| Net income | $413m | −$1.84bn |
| Operating margin | — | -74.5% |
| Net margin | 34.7% | -122.7% |
| Return on equity | 20.2% | -179.1% |
| Free cash flow | $932m | −$1.23bn |
| Cash | $180m | $226m |
| Total debt | $3.25bn | $8.33bn |
| Debt to equity | — | 4560.5% |
| Dividend per share | — | — |
| Dividend yield | 4.4% | 0.0% |
| Share buybacks | $135m | — |
| Employees | — | — |
| Market value | $9.96bn | $1.19bn |
| Price vs our value range | Below our value range | — |
| Moat score | 67 (Moderate) | 33 (Weak) |
| Insider trades, 12 months | 0 buys, 8 sales | 1 buys, 0 sales |