Antero Midstream Partners LP (AM)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 371,786 | 354,132 | 340,326 | 332,709 | 326,242 | 322,075 | 327,388 | 328,216 | 331,617 | 329,449 | 345,629 | 353,847 | -122,527 | -343,544 | -738,528 | -757,695 | -355,114 | -192,886 | 114,021 | 58,628 |
| Total stockholders’ equity | US$ in thousands | 2,151,730 | 2,151,140 | 2,153,040 | 2,175,480 | 2,192,320 | 2,211,860 | 2,230,120 | 2,259,950 | 2,286,700 | 2,312,590 | 2,328,440 | 2,356,870 | 2,418,290 | 2,485,490 | 2,523,180 | 2,588,960 | 3,143,410 | 3,523,030 | 3,972,360 | 4,035,550 |
| ROE | 17.28% | 16.46% | 15.81% | 15.29% | 14.88% | 14.56% | 14.68% | 14.52% | 14.50% | 14.25% | 14.84% | 15.01% | -5.07% | -13.82% | -29.27% | -29.27% | -11.30% | -5.48% | 2.87% | 1.45% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $371,786K ÷ $2,151,730K
= 17.28%
Antero Midstream Corp's return on equity (ROE) has shown a consistent upward trend over the past eight quarters, indicating an improvement in the company's ability to generate profits from shareholders' equity. The ROE increased from 14.50% in Q1 2022 to 17.25% in Q4 2023, reflecting positive financial performance and efficient utilization of equity capital. This steady growth in ROE suggests that the company has been effectively managing its assets and liabilities to generate higher returns for its shareholders. Overall, the ROE trajectory indicates a positive trend in Antero Midstream Corp's financial performance and profitability.
Peer comparison
Dec 31, 2023