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Side-by-side financial comparison of Antero Midstream Corp (AM) and CBIZ, Inc. (CBZ). Click either name above to swap in a different company.

CBIZ, Inc. is the larger business by last-quarter revenue ($542.7M vs $297.0M, roughly 1.8× Antero Midstream Corp). Antero Midstream Corp runs the higher net margin — 17.5% vs -14.6%, a 32.1% gap on every dollar of revenue. On growth, CBIZ, Inc. posted the faster year-over-year revenue change (100.0% vs 3.3%). Over the past eight quarters, CBIZ, Inc.'s revenue compounded faster (13.7% CAGR vs 3.2%).

Antero Resources Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado. The company's reserves are entirely in the Appalachian Basin and are extracted using hydraulic fracturing.

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

AM vs CBZ — Head-to-Head

Bigger by revenue
CBZ
CBZ
1.8× larger
CBZ
$542.7M
$297.0M
AM
Growing faster (revenue YoY)
CBZ
CBZ
+96.7% gap
CBZ
100.0%
3.3%
AM
Higher net margin
AM
AM
32.1% more per $
AM
17.5%
-14.6%
CBZ
Faster 2-yr revenue CAGR
CBZ
CBZ
Annualised
CBZ
13.7%
3.2%
AM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AM
AM
CBZ
CBZ
Revenue
$297.0M
$542.7M
Net Profit
$51.9M
$-79.4M
Gross Margin
Operating Margin
33.8%
43.1%
Net Margin
17.5%
-14.6%
Revenue YoY
3.3%
100.0%
Net Profit YoY
-53.3%
4.2%
EPS (diluted)
$0.11
$-1.28

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AM
AM
CBZ
CBZ
Q1 26
$542.7M
Q4 25
$297.0M
$542.7M
Q3 25
$294.8M
$693.8M
Q2 25
$305.5M
$683.5M
Q1 25
$291.1M
$838.0M
Q4 24
$287.5M
$460.3M
Q3 24
$269.9M
$438.9M
Q2 24
$269.8M
$420.0M
Net Profit
AM
AM
CBZ
CBZ
Q1 26
$-79.4M
Q4 25
$51.9M
$-79.4M
Q3 25
$116.0M
$30.1M
Q2 25
$124.5M
$41.9M
Q1 25
$120.7M
$122.8M
Q4 24
$111.2M
$-90.7M
Q3 24
$99.7M
$35.1M
Q2 24
$86.0M
$19.8M
Gross Margin
AM
AM
CBZ
CBZ
Q1 26
Q4 25
-9.4%
Q3 25
13.0%
Q2 25
12.9%
Q1 25
27.2%
Q4 24
-13.4%
Q3 24
16.6%
Q2 24
12.8%
Operating Margin
AM
AM
CBZ
CBZ
Q1 26
43.1%
Q4 25
33.8%
-15.7%
Q3 25
61.2%
8.5%
Q2 25
61.0%
8.8%
Q1 25
60.9%
23.9%
Q4 24
61.8%
-23.2%
Q3 24
60.2%
11.3%
Q2 24
56.6%
7.5%
Net Margin
AM
AM
CBZ
CBZ
Q1 26
-14.6%
Q4 25
17.5%
-14.6%
Q3 25
39.3%
4.3%
Q2 25
40.8%
6.1%
Q1 25
41.5%
14.7%
Q4 24
38.7%
-19.7%
Q3 24
37.0%
8.0%
Q2 24
31.9%
4.7%
EPS (diluted)
AM
AM
CBZ
CBZ
Q1 26
$-1.28
Q4 25
$0.11
$-1.22
Q3 25
$0.24
$0.48
Q2 25
$0.26
$0.66
Q1 25
$0.25
$1.91
Q4 24
$0.23
$-1.84
Q3 24
$0.21
$0.70
Q2 24
$0.18
$0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AM
AM
CBZ
CBZ
Cash + ST InvestmentsLiquidity on hand
$180.4M
$18.3M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$2.0B
$1.8B
Total Assets
$5.9B
$4.4B
Debt / EquityLower = less leverage
1.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AM
AM
CBZ
CBZ
Q1 26
$18.3M
Q4 25
$180.4M
$18.3M
Q3 25
$17.0M
Q2 25
$39.8M
Q1 25
$8.8M
Q4 24
$13.8M
Q3 24
$1.1M
Q2 24
$1.1M
Total Debt
AM
AM
CBZ
CBZ
Q1 26
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.2B
Q2 24
$3.2B
Stockholders' Equity
AM
AM
CBZ
CBZ
Q1 26
$1.8B
Q4 25
$2.0B
$1.8B
Q3 25
$2.1B
$1.9B
Q2 25
$2.1B
$1.9B
Q1 25
$2.1B
$1.9B
Q4 24
$2.1B
$1.8B
Q3 24
$2.1B
$927.9M
Q2 24
$2.1B
$891.4M
Total Assets
AM
AM
CBZ
CBZ
Q1 26
$4.4B
Q4 25
$5.9B
$4.4B
Q3 25
$5.7B
$4.5B
Q2 25
$5.7B
$4.5B
Q1 25
$5.8B
$4.6B
Q4 24
$5.8B
$4.5B
Q3 24
$5.8B
$2.1B
Q2 24
$5.8B
$2.2B
Debt / Equity
AM
AM
CBZ
CBZ
Q1 26
Q4 25
1.63×
Q3 25
1.46×
Q2 25
1.45×
Q1 25
1.49×
Q4 24
1.47×
Q3 24
1.49×
Q2 24
1.50×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AM
AM
CBZ
CBZ
Operating Cash FlowLast quarter
$255.5M
$192.5M
Free Cash FlowOCF − Capex
$175.5M
FCF MarginFCF / Revenue
32.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.92×
TTM Free Cash FlowTrailing 4 quarters
$444.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AM
AM
CBZ
CBZ
Q1 26
$192.5M
Q4 25
$255.5M
$143.6M
Q3 25
$212.8M
$24.0M
Q2 25
$265.2M
$113.1M
Q1 25
$198.9M
$-88.3M
Q4 24
$232.7M
$55.5M
Q3 24
$184.9M
$43.7M
Q2 24
$215.8M
$88.2M
Free Cash Flow
AM
AM
CBZ
CBZ
Q1 26
$175.5M
Q4 25
$141.7M
Q3 25
$22.1M
Q2 25
$105.2M
Q1 25
$-93.4M
Q4 24
$52.3M
Q3 24
$184.3M
$41.1M
Q2 24
$147.2M
$86.3M
FCF Margin
AM
AM
CBZ
CBZ
Q1 26
32.3%
Q4 25
26.1%
Q3 25
3.2%
Q2 25
15.4%
Q1 25
-11.2%
Q4 24
11.4%
Q3 24
68.3%
9.4%
Q2 24
54.6%
20.5%
Capex Intensity
AM
AM
CBZ
CBZ
Q1 26
Q4 25
0.4%
Q3 25
0.3%
Q2 25
1.2%
Q1 25
0.6%
Q4 24
0.0%
0.7%
Q3 24
0.2%
0.6%
Q2 24
25.4%
0.4%
Cash Conversion
AM
AM
CBZ
CBZ
Q1 26
Q4 25
4.92×
Q3 25
1.84×
0.79×
Q2 25
2.13×
2.70×
Q1 25
1.65×
-0.72×
Q4 24
2.09×
Q3 24
1.85×
1.25×
Q2 24
2.51×
4.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AM
AM

Gathering Low Pressure$114.2M38%
Natural Gas Water Handling And Treatment Affiliate$63.2M21%
Water Handling$55.7M19%
Fresh Water Delivery$37.2M13%
Other Fluid Handling$26.9M9%

CBZ
CBZ

Segment breakdown not available.

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