Antero Midstream vs Torm
Antero Midstream and Torm are similar in size: $1.19bn and $1.34bn of revenue in their latest fiscal years. Antero Midstream grew faster (7.4% against -14.1%). Antero Midstream kept more of each dollar of sales as profit: a net margin of 34.7% against 21.3%.
| Latest fiscal year | Antero MidstreamAM, 2025 | TormTRMD, 2025 |
|---|---|---|
| Revenue | $1.19bn | $1.34bn |
| Revenue growth | 7.4% | -14.1% |
| Net income | $413m | $285m |
| Operating margin | — | 26.6% |
| Net margin | 34.7% | 21.3% |
| Return on equity | 20.2% | 13.3% |
| Free cash flow | $932m | $190m |
| Cash | $180m | $158m |
| Total debt | $3.25bn | $1.00bn |
| Debt to equity | — | 45.5% |
| Dividend per share | — | — |
| Dividend yield | 4.4% | 5.0% |
| Share buybacks | $135m | — |
| Employees | — | — |
| Market value | $9.96bn | $4.11bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 67 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 8 sales | 1 buys, 6 sales |