AM FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
AM's fcf yield is higher than 65% of the last 10 years.
FCF Yield History
AM FCF Yield by year
Yearly range of AM’s fcf yield from 2017 to 2026. Over the full period it ranged from 0.7% to 38.4%, averaging 9.0%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 7.8% | 9.1% | 10.7% | 10.0% |
| 2025 | 9.1% | 10.6% | 12.6% | 10.3% |
| 2024 | 8.2% | 9.4% | 11.5% | 11.5% |
| 2023 | 3.4% | 4.3% | 5.5% | 5.1% |
| 2022 | 8.0% | 9.6% | 11.8% | 8.5% |
| 2021 | 10.9% | 13.4% | 16.2% | 11.3% |
| 2020 | 9.4% | 18.2% | 38.4% | 15.6% |
| 2019 | 2.6% | 4.3% | 9.4% | 9.4% |
| 2018 | 0.7% | 1.6% | 4.0% | 4.0% |
| 2017 | 6.1% | 10.3% | 12.1% | 10.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is AM FCF Yield High or Low Right Now?
Antero Midstream Corporation's FCF Yield is currently 10.0%, which is above average relative to its 10-year historical range. The 10-year median FCF Yield for AM is approximately 9.4%. See all AM valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.