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Stock Comparison · Valuation-led comparison

Antero Midstream vs Union Pacific: Which Stock Looks Stronger in 2026?

Union Pacific leads structurally, with valuation as the clearest single gap between the two profiles. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. The overall score gap is 11 points in favour of Union Pacific Corporation.

Trajectory Similarity
0.67
Moderately similar
Peer-set rank: #14
within Antero Midstream Corporation's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

This level of similarity points to a meaningful structural match, though not a tight one.

Most of the shared profile comes through margin consistency and revenue stability.

Similarity drivers
margin consistencyrevenue stability
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AM
Antero Midstream Corporation
56
Peer-Score
Signal qualityMedium
vs
UNP
Union Pacific Corporation
67
Peer-Score
Signal qualityMedium

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: AM vs UNP Profitability 67 72 Stability 69 66 Valuation 57 87 Growth 25 29 AM UNP
Gap Ranking
#1 Valuation +30
#2 Profitability +5
#3 Growth +4
#4 Stability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AM and UNP Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AMUNP Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Union Pacific Corporation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Union Pacific Corporation leads clearly.
Valuation — Dominant Gap
AM
57
UNP
87
Gap+30in favour of UNP

The multiple-based pricing edge comes from a trailing P/E that is 6.6 turns lower.

What else supports the lead

Union Pacific Corporation also shows lower market-fundamental divergence, which makes the lead look less detached from the underlying business picture.

What this means for the comparison

Valuation is still the cleanest way to understand the lead here.

Explore full peer positioning in AssetNext

Break down the AM vs UNP comparison across all dimensions with the full interactive tool.

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Similar valuation-driven comparisons

Explore how AM and UNP each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.