Antero Midstream Partners LP (AM)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 400,892 390,150 388,230 389,205 371,786 354,132 340,326 332,709 326,242 322,075 327,388 328,216 331,617 329,449 345,629 353,847 -122,527 -343,544 -738,528 -757,695
Total stockholders’ equity US$ in thousands 2,115,170 2,129,900 2,127,090 2,150,380 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
ROE 18.95% 18.32% 18.25% 18.10% 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%

December 31, 2024 calculation

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

Antero Midstream Partners LP has shown a fluctuating trend in return on equity (ROE) over the reviewed periods. The ROE was negative in the first half of 2020 but gradually improved, turning positive by March 2021. The positive trend continued throughout 2021 and into 2022, with ROE steadily increasing from 15.01% to 18.95% by December 2024.

Overall, the company's ROE has shown significant improvement, indicating that it has been effectively utilizing its equity to generate profits for its shareholders. This steady increase in ROE reflects positively on the company's financial performance and efficiency in capital utilization. Investors may view this trend as a sign of the company's improving profitability and potential for sustained growth.