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Side-by-side financial comparison of Antero Midstream Corp (AM) and ENCORE CAPITAL GROUP INC (ECPG). Click either name above to swap in a different company.

ENCORE CAPITAL GROUP INC is the larger business by last-quarter revenue ($473.6M vs $297.0M, roughly 1.6× Antero Midstream Corp). Antero Midstream Corp runs the higher net margin — 17.5% vs 16.2%, a 1.3% gap on every dollar of revenue. On growth, ENCORE CAPITAL GROUP INC posted the faster year-over-year revenue change (78.3% vs 3.3%). Over the past eight quarters, ENCORE CAPITAL GROUP INC's revenue compounded faster (20.1% 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.

Encore Capital Group, Inc. is a publicly traded debt buyer based in the United States. The company is headquartered in San Diego, and operates throughout the United States. The firm is a publicly traded NASDAQ Global Select company (ECPG), a component stock of the Russell 2000, the S&P SmallCap 600, and the Wilshire 4500.

AM vs ECPG — Head-to-Head

Bigger by revenue
ECPG
ECPG
1.6× larger
ECPG
$473.6M
$297.0M
AM
Growing faster (revenue YoY)
ECPG
ECPG
+75.0% gap
ECPG
78.3%
3.3%
AM
Higher net margin
AM
AM
1.3% more per $
AM
17.5%
16.2%
ECPG
Faster 2-yr revenue CAGR
ECPG
ECPG
Annualised
ECPG
20.1%
3.2%
AM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AM
AM
ECPG
ECPG
Revenue
$297.0M
$473.6M
Net Profit
$51.9M
$76.7M
Gross Margin
Operating Margin
33.8%
36.6%
Net Margin
17.5%
16.2%
Revenue YoY
3.3%
78.3%
Net Profit YoY
-53.3%
EPS (diluted)
$0.11
$3.32

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
ECPG
ECPG
Q4 25
$297.0M
$473.6M
Q3 25
$294.8M
$460.4M
Q2 25
$305.5M
$442.1M
Q1 25
$291.1M
$392.8M
Q4 24
$287.5M
$265.6M
Q3 24
$269.9M
$367.1M
Q2 24
$269.8M
$355.3M
Q1 24
$279.1M
$328.4M
Net Profit
AM
AM
ECPG
ECPG
Q4 25
$51.9M
$76.7M
Q3 25
$116.0M
$74.7M
Q2 25
$124.5M
$58.7M
Q1 25
$120.7M
$46.8M
Q4 24
$111.2M
Q3 24
$99.7M
$30.6M
Q2 24
$86.0M
$32.2M
Q1 24
$103.9M
$23.2M
Operating Margin
AM
AM
ECPG
ECPG
Q4 25
33.8%
36.6%
Q3 25
61.2%
37.6%
Q2 25
61.0%
34.1%
Q1 25
60.9%
32.9%
Q4 24
61.8%
Q3 24
60.2%
28.9%
Q2 24
56.6%
28.7%
Q1 24
59.6%
25.5%
Net Margin
AM
AM
ECPG
ECPG
Q4 25
17.5%
16.2%
Q3 25
39.3%
16.2%
Q2 25
40.8%
13.3%
Q1 25
41.5%
11.9%
Q4 24
38.7%
Q3 24
37.0%
8.3%
Q2 24
31.9%
9.1%
Q1 24
37.2%
7.1%
EPS (diluted)
AM
AM
ECPG
ECPG
Q4 25
$0.11
$3.32
Q3 25
$0.24
$3.17
Q2 25
$0.26
$2.49
Q1 25
$0.25
$1.93
Q4 24
$0.23
Q3 24
$0.21
$1.26
Q2 24
$0.18
$1.34
Q1 24
$0.21
$0.95

Balance Sheet & Financial Strength

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

Metric
AM
AM
ECPG
ECPG
Cash + ST InvestmentsLiquidity on hand
$180.4M
$156.8M
Total DebtLower is stronger
$3.2B
$4.0B
Stockholders' EquityBook value
$2.0B
$976.8M
Total Assets
$5.9B
$5.3B
Debt / EquityLower = less leverage
1.63×
4.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AM
AM
ECPG
ECPG
Q4 25
$180.4M
$156.8M
Q3 25
$172.5M
Q2 25
$172.9M
Q1 25
$187.1M
Q4 24
$199.9M
Q3 24
$247.4M
Q2 24
$250.6M
Q1 24
$26.1M
$173.0M
Total Debt
AM
AM
ECPG
ECPG
Q4 25
$3.2B
$4.0B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.1B
Q4 24
$3.1B
$3.7B
Q3 24
$3.2B
Q2 24
$3.2B
Q1 24
$3.2B
Stockholders' Equity
AM
AM
ECPG
ECPG
Q4 25
$2.0B
$976.8M
Q3 25
$2.1B
$952.9M
Q2 25
$2.1B
$896.0M
Q1 25
$2.1B
$819.1M
Q4 24
$2.1B
$767.3M
Q3 24
$2.1B
$1.0B
Q2 24
$2.1B
$988.1M
Q1 24
$2.2B
$953.9M
Total Assets
AM
AM
ECPG
ECPG
Q4 25
$5.9B
$5.3B
Q3 25
$5.7B
$5.3B
Q2 25
$5.7B
$5.2B
Q1 25
$5.8B
$5.0B
Q4 24
$5.8B
$4.8B
Q3 24
$5.8B
$5.0B
Q2 24
$5.8B
$4.8B
Q1 24
$5.7B
$4.7B
Debt / Equity
AM
AM
ECPG
ECPG
Q4 25
1.63×
4.13×
Q3 25
1.46×
Q2 25
1.45×
Q1 25
1.49×
Q4 24
1.47×
4.83×
Q3 24
1.49×
Q2 24
1.50×
Q1 24
1.48×

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
ECPG
ECPG
Operating Cash FlowLast quarter
$255.5M
$153.2M
Free Cash FlowOCF − Capex
$126.9M
FCF MarginFCF / Revenue
26.8%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
4.92×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$244.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AM
AM
ECPG
ECPG
Q4 25
$255.5M
$153.2M
Q3 25
$212.8M
$81.6M
Q2 25
$265.2M
$9.5M
Q1 25
$198.9M
$45.3M
Q4 24
$232.7M
$156.2M
Q3 24
$184.9M
$45.9M
Q2 24
$215.8M
$35.7M
Q1 24
$210.6M
$51.0M
Free Cash Flow
AM
AM
ECPG
ECPG
Q4 25
$126.9M
Q3 25
$75.6M
Q2 25
$3.2M
Q1 25
$38.3M
Q4 24
$127.2M
Q3 24
$184.3M
$39.7M
Q2 24
$147.2M
$28.3M
Q1 24
$208.5M
$44.1M
FCF Margin
AM
AM
ECPG
ECPG
Q4 25
26.8%
Q3 25
16.4%
Q2 25
0.7%
Q1 25
9.7%
Q4 24
47.9%
Q3 24
68.3%
10.8%
Q2 24
54.6%
8.0%
Q1 24
74.7%
13.4%
Capex Intensity
AM
AM
ECPG
ECPG
Q4 25
5.5%
Q3 25
1.3%
Q2 25
1.4%
Q1 25
1.8%
Q4 24
0.0%
10.9%
Q3 24
0.2%
1.7%
Q2 24
25.4%
2.1%
Q1 24
0.7%
2.1%
Cash Conversion
AM
AM
ECPG
ECPG
Q4 25
4.92×
2.00×
Q3 25
1.84×
1.09×
Q2 25
2.13×
0.16×
Q1 25
1.65×
0.97×
Q4 24
2.09×
Q3 24
1.85×
1.50×
Q2 24
2.51×
1.11×
Q1 24
2.03×
2.19×

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%

ECPG
ECPG

Segment breakdown not available.

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