vs

Side-by-side financial comparison of Antero Midstream Corp (AM) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.

Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $291.1M, roughly 1.2× Antero Midstream Corp). Antero Midstream Corp runs the higher net margin — 41.5% vs -6.6%, a 48.1% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs -7.3%). Antero Midstream Corp produced more free cash flow last quarter ($186.9M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs 3.9%).

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.

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

AM vs WEST — Head-to-Head

Bigger by revenue
WEST
WEST
1.2× larger
WEST
$339.5M
$291.1M
AM
Growing faster (revenue YoY)
WEST
WEST
+55.6% gap
WEST
48.3%
-7.3%
AM
Higher net margin
AM
AM
48.1% more per $
AM
41.5%
-6.6%
WEST
More free cash flow
AM
AM
$159.1M more FCF
AM
$186.9M
$27.8M
WEST
Faster 2-yr revenue CAGR
WEST
WEST
Annualised
WEST
32.8%
3.9%
AM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AM
AM
WEST
WEST
Revenue
$291.1M
$339.5M
Net Profit
$120.7M
$-22.6M
Gross Margin
11.5%
Operating Margin
60.9%
-2.6%
Net Margin
41.5%
-6.6%
Revenue YoY
-7.3%
48.3%
Net Profit YoY
2.1%
8.3%
EPS (diluted)
$0.25
$-0.22

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
WEST
WEST
Q1 26
$291.1M
Q4 25
$297.0M
$339.5M
Q3 25
$294.8M
$354.8M
Q2 25
$305.5M
$280.9M
Q1 25
$291.1M
$213.8M
Q4 24
$287.5M
$229.0M
Q3 24
$269.9M
$220.9M
Q2 24
$269.8M
$208.4M
Net Profit
AM
AM
WEST
WEST
Q1 26
$120.7M
Q4 25
$51.9M
$-22.6M
Q3 25
$116.0M
$-19.1M
Q2 25
$124.5M
$-21.6M
Q1 25
$120.7M
$-27.2M
Q4 24
$111.2M
$-24.6M
Q3 24
$99.7M
$-14.3M
Q2 24
$86.0M
$-17.8M
Gross Margin
AM
AM
WEST
WEST
Q1 26
Q4 25
11.5%
Q3 25
11.7%
Q2 25
14.7%
Q1 25
13.6%
Q4 24
16.6%
Q3 24
16.8%
Q2 24
19.9%
Operating Margin
AM
AM
WEST
WEST
Q1 26
60.9%
Q4 25
33.8%
-2.6%
Q3 25
61.2%
-2.4%
Q2 25
61.0%
-5.3%
Q1 25
60.9%
-6.1%
Q4 24
61.8%
-4.3%
Q3 24
60.2%
-5.8%
Q2 24
56.6%
-7.9%
Net Margin
AM
AM
WEST
WEST
Q1 26
41.5%
Q4 25
17.5%
-6.6%
Q3 25
39.3%
-5.4%
Q2 25
40.8%
-7.7%
Q1 25
41.5%
-12.7%
Q4 24
38.7%
-10.7%
Q3 24
37.0%
-6.5%
Q2 24
31.9%
-8.5%
EPS (diluted)
AM
AM
WEST
WEST
Q1 26
$0.25
Q4 25
$0.11
$-0.22
Q3 25
$0.24
$-0.20
Q2 25
$0.26
$-0.23
Q1 25
$0.25
$-0.29
Q4 24
$0.23
$-0.26
Q3 24
$0.21
$-0.16
Q2 24
$0.18
$-0.20

Balance Sheet & Financial Strength

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

Metric
AM
AM
WEST
WEST
Cash + ST InvestmentsLiquidity on hand
$180.4M
$49.9M
Total DebtLower is stronger
$3.2B
$444.1M
Stockholders' EquityBook value
$2.0B
$-1.9M
Total Assets
$5.9B
$1.2B
Debt / EquityLower = less leverage
1.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AM
AM
WEST
WEST
Q1 26
$180.4M
Q4 25
$180.4M
$49.9M
Q3 25
$34.0M
Q2 25
$44.0M
Q1 25
$33.1M
Q4 24
$26.2M
Q3 24
$22.4M
Q2 24
$24.3M
Total Debt
AM
AM
WEST
WEST
Q1 26
$3.2B
Q4 25
$3.2B
$444.1M
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.1B
Q4 24
$3.1B
$393.1M
Q3 24
$3.2B
Q2 24
$3.2B
Stockholders' Equity
AM
AM
WEST
WEST
Q1 26
$2.0B
Q4 25
$2.0B
$-1.9M
Q3 25
$2.1B
$11.4M
Q2 25
$2.1B
$18.2M
Q1 25
$2.1B
$71.4M
Q4 24
$2.1B
$97.5M
Q3 24
$2.1B
$110.3M
Q2 24
$2.1B
$81.5M
Total Assets
AM
AM
WEST
WEST
Q1 26
$5.9B
Q4 25
$5.9B
$1.2B
Q3 25
$5.7B
$1.2B
Q2 25
$5.7B
$1.2B
Q1 25
$5.8B
$1.1B
Q4 24
$5.8B
$1.1B
Q3 24
$5.8B
$1.1B
Q2 24
$5.8B
$1.1B
Debt / Equity
AM
AM
WEST
WEST
Q1 26
1.63×
Q4 25
1.63×
Q3 25
1.46×
Q2 25
1.45×
Q1 25
1.49×
Q4 24
1.47×
4.03×
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
WEST
WEST
Operating Cash FlowLast quarter
$198.9M
$36.7M
Free Cash FlowOCF − Capex
$186.9M
$27.8M
FCF MarginFCF / Revenue
64.2%
8.2%
Capex IntensityCapex / Revenue
11.1%
2.6%
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AM
AM
WEST
WEST
Q1 26
$198.9M
Q4 25
$255.5M
$36.7M
Q3 25
$212.8M
$-26.6M
Q2 25
$265.2M
$-7.0M
Q1 25
$198.9M
$-22.1M
Q4 24
$232.7M
$2.8M
Q3 24
$184.9M
$-332.0K
Q2 24
$215.8M
$-23.7M
Free Cash Flow
AM
AM
WEST
WEST
Q1 26
$186.9M
Q4 25
$27.8M
Q3 25
$-44.7M
Q2 25
$-27.5M
Q1 25
$-63.4M
Q4 24
$-15.4M
Q3 24
$184.3M
$-36.7M
Q2 24
$147.2M
$-59.9M
FCF Margin
AM
AM
WEST
WEST
Q1 26
64.2%
Q4 25
8.2%
Q3 25
-12.6%
Q2 25
-9.8%
Q1 25
-29.7%
Q4 24
-6.7%
Q3 24
68.3%
-16.6%
Q2 24
54.6%
-28.7%
Capex Intensity
AM
AM
WEST
WEST
Q1 26
11.1%
Q4 25
2.6%
Q3 25
5.1%
Q2 25
7.3%
Q1 25
19.3%
Q4 24
0.0%
7.9%
Q3 24
0.2%
16.5%
Q2 24
25.4%
17.4%
Cash Conversion
AM
AM
WEST
WEST
Q1 26
1.65×
Q4 25
4.92×
Q3 25
1.84×
Q2 25
2.13×
Q1 25
1.65×
Q4 24
2.09×
Q3 24
1.85×
Q2 24
2.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AM
AM

Gathering and compression–Antero Resources$238.0M82%
Other$52.3M18%
Water handling–third party$505.0K0%
Gathering and compression–third party$295.0K0%

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

Related Comparisons