Antero Midstream Partners LP (AM)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 400,892 371,786 326,242 331,617 -122,527
Total stockholders’ equity US$ in thousands 2,115,170 2,151,730 2,192,320 2,286,700 2,418,290
ROE 18.95% 17.28% 14.88% 14.50% -5.07%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $400,892K ÷ $2,115,170K
= 18.95%

Antero Midstream Partners LP's return on equity (ROE) has shown improvement over the years based on the provided data. Starting at -5.07% on December 31, 2020, the ROE steadily increased to 14.50% by the end of 2021, demonstrating a positive turnaround. Subsequently, the ROE continued to rise to 14.88% in 2022, 17.28% in 2023, and ultimately reached 18.95% by December 31, 2024.

This upward trend in ROE indicates that Antero Midstream Partners LP has been effectively utilizing its equity to generate returns for its shareholders. The consistent improvement in ROE suggests that the company's profitability and efficiency in generating earnings from its shareholders' equity have strengthened over the years, reflecting a positive performance in utilizing its equity capital.