• Antero Midstream average price to free cash flow ratio for 2024 was 10.59, a 9.4% increase from 2023.
• Antero Midstream average price to free cash flow ratio for 2023 was 9.68, a 0.92% increase from 2022.
• Antero Midstream average price to free cash flow ratio for 2022 was 9.77, a 51.24% decline from 2021.

Price to free cash flow ratio can be defined as