NYSE : AROC
Archrock, Inc. — Financial statements
Energy · Oil & Gas Equipment & Services · United States
Last price 32.1 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.63B
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Financial statements
Archrock, Inc. (AROC) reported revenue of 1.50B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.50B | 1.49B | 1.16B | 990.34M | 845.57M | 781.46M |
| Cost of Revenue | 491.40M | 509.43M | 458.50M | 449.02M | 419.48M | 358.92M |
| Gross Profit | 1.01B | 980.39M | 699.09M | 541.32M | 426.08M | 422.54M |
| Selling, General & Admin | 159.23M | 147.81M | 139.12M | 116.64M | 117.18M | 107.17M |
| Operating Expenses | 436.44M | 404.57M | 332.31M | 282.88M | 281.44M | 286.11M |
| Operating Income | 576.67M | 575.83M | 366.77M | 258.44M | 144.64M | 136.43M |
| Interest Expense | -162.41M | -165.34M | -123.61M | -111.49M | -101.26M | -108.14M |
| Earnings From Equity Investments | -1.25M | -503.00K | ||||
| Other Non Operating Income (Expenses) | -2.37M | -414.00K | -77.00K | -113.00K | 19.00K | 4.71M |
| EBT Excluding Unusual Items | 410.64M | 409.57M | 243.09M | 146.84M | 43.40M | 33.00M |
| Merger & Restructuring Charges | -4.62M | -14.31M | -13.25M | -1.77M | -2.90M | |
| Gain (Loss) on Sale of Investments | -25.00K | -25.00K | -1.48M | -973.00K | -1.86M | |
| Gain (Loss) on Sale of Assets | 45.86M | 47.08M | 17.89M | 10.20M | 40.49M | 30.26M |
| Asset Writedown | -16.61M | -18.29M | -10.68M | -12.04M | -21.44M | -21.40M |
| Other Unusual Items | -203.00K | -890.00K | -3.18M | |||
| Pretax Income | 435.04M | 423.13M | 232.38M | 142.25M | 60.59M | 38.96M |
| Income Tax Expense | 106.50M | 100.84M | 60.15M | 37.25M | 16.29M | 10.74M |
| Earnings From Continuing Operations | 328.53M | 322.29M | 172.23M | 105.00M | 44.30M | 28.22M |
| Net Income to Company | 328.53M | 322.29M | 172.23M | 105.00M | 44.30M | 28.22M |
| Net Income | 328.53M | 322.29M | 172.23M | 105.00M | 44.30M | 28.22M |
| Preferred Dividends & Other Adjustments | 3.65M | 3.33M | 2.28M | 1.88M | 1.43M | 1.17M |
| Net Income to Common | 324.88M | 318.96M | 169.95M | 103.12M | 42.87M | 27.05M |
| Shares Outstanding (Basic) | 174.30M | 174.44M | 162.04M | 154.13M | 153.28M | 151.68M |
| Shares Outstanding (Diluted) | 174.66M | 174.75M | 162.38M | 154.34M | 153.41M | 151.83M |
| EPS (Basic) | 1.86 | 1.83 | 1.05 | 0.67 | 0.28 | 0.18 |
| EPS (Diluted) | 1.86 | 1.83 | 1.05 | 0.67 | 0.28 | 0.18 |
| Free Cash Flow | 291.33M | 119.64M | 70.56M | 11.55M | -36.42M | 139.51M |
| Free Cash Flow Per Share | 1.67 | 0.69 | 0.43 | 0.07 | -0.24 | 0.92 |
| Dividend Per Share | 0.88 | 0.83 | 0.69 | 0.62 | 0.58 | 0.58 |
| Gross Margin | 67.34% | 65.81% | 60.39% | 54.66% | 50.39% | 54.07% |
| Operating Margin | 38.33% | 38.65% | 31.68% | 26.10% | 17.11% | 17.46% |
| Profit Margin | 21.59% | 21.41% | 14.68% | 10.41% | 5.07% | 3.46% |
| Free Cash Flow Margin | 19.36% | 8.03% | 6.09% | 1.17% | -4.31% | 17.85% |
| EBITDA | 853.88M | 832.59M | 559.97M | 424.68M | 308.90M | 315.38M |
| EBITDA Margin | 56.76% | 55.88% | 48.37% | 42.88% | 36.53% | 40.36% |
| D&A For EBITDA | 277.21M | 256.76M | 193.19M | 166.24M | 164.26M | 178.95M |
| EBIT | 576.67M | 575.83M | 366.77M | 258.44M | 144.64M | 136.43M |
| EBIT Margin | 38.33% | 38.65% | 31.68% | 26.10% | 17.11% | 17.46% |
| Effective Tax Rate | 24.48% | 23.83% | 25.88% | 26.19% | 26.89% | 27.58% |
| Revenue as Reported | 1.50B | 1.49B | 1.16B | 990.34M | 845.57M | 781.46M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.00M | 1.55M | 4.42M | 1.34M | 1.57M | 1.57M |
| Cash & Short-Term Investments | 2.00M | 1.55M | 4.42M | 1.34M | 1.57M | 1.57M |
| Accounts Receivable | 215.47M | 142.33M | 132.48M | 124.07M | 137.54M | 104.93M |
| Other Receivables | 41.48M | |||||
| Receivables | 215.47M | 183.81M | 132.48M | 124.07M | 137.54M | 104.93M |
| Inventory | 112.04M | 109.75M | 89.69M | 81.76M | 84.62M | 72.87M |
| Other Current Assets | 13.29M | 9.06M | 6.54M | 5.99M | 8.23M | 7.20M |
| Total Current Assets | 342.80M | 304.16M | 233.12M | 213.16M | 231.96M | 186.57M |
| Property, Plant & Equipment | 3.74B | 3.67B | 3.34B | 2.32B | 2.22B | 2.24B |
| Long-Term Investments | 38.80M | 5.70M | 5.70M | |||
| Goodwill | 124.18M | 125.19M | 52.16M | |||
| Other Intangible Assets | 135.90M | 143.95M | 98.27M | 30.18M | 37.08M | 47.89M |
| Long-Term Deferred Tax Assets | 1.25M | 2.06M | 2.98M | 3.19M | 33.35M | 47.88M |
| Long-Term Deferred Charges | 38.02M | 50.39M | 49.44M | 50.25M | 34.74M | 25.42M |
| Other Long-Term Assets | 24.80M | 46.19M | 43.35M | 43.09M | 45.66M | 38.20M |
| Total Assets | 4.44B | 4.35B | 3.82B | 2.66B | 2.60B | 2.59B |
| Accounts Payable | 65.76M | 43.73M | 57.57M | 61.03M | 64.32M | 38.92M |
| Accrued Expenses | 160.21M | 123.52M | 111.55M | 75.06M | 63.56M | 68.37M |
| Current Portion of Long-Term Debt | 1.25M | |||||
| Current Portion of Leases | 4.31M | 4.12M | 3.16M | 3.24M | 2.94M | |
| Current Income Taxes Payable | 11.73M | 17.19M | 8.43M | 7.16M | 10.11M | 9.96M |
| Current Unearned Revenue | 8.28M | 8.39M | 6.93M | 5.74M | 7.33M | 3.82M |
| Total Current Liabilities | 245.98M | 197.15M | 188.60M | 152.14M | 148.57M | 125.25M |
| Long-Term Debt | 2.35B | 2.41B | 2.20B | 1.58B | 1.55B | 1.53B |
| Long-Term Leases | 9.40M | 10.22M | 12.41M | 12.27M | 14.86M | 15.94M |
| Long-Term Unearned Revenue | 3.62M | 3.61M | 3.07M | 1.26M | 668.00K | 583.00K |
| Long-Term Deferred Tax Liabilities | 244.74M | 198.31M | 62.51M | 4.92M | 854.00K | 1.14M |
| Other Long-Term Liabilities | 39.22M | 37.65M | 35.71M | 29.46M | 24.77M | 24.79M |
| Total Liabilities | 2.89B | 2.86B | 2.50B | 1.78B | 1.74B | 1.70B |
| Common Stock | 1.85M | 1.85M | 1.85M | 1.65M | 1.63M | 1.61M |
| Additional Paid-In Capital | 3.87B | 3.88B | 3.88B | 3.47B | 3.46B | 3.44B |
| Retained Earnings | -2.20B | -2.26B | -2.44B | -2.50B | -2.51B | -2.46B |
| Treasury Stock | -126.99M | -129.82M | -121.19M | -101.27M | -88.58M | -86.14M |
| Comprehensive Income & Other | -984.00K | |||||
| Total Common Equity | 1.55B | 1.49B | 1.32B | 871.02M | 860.69M | 891.44M |
| Shareholders' Equity | 1.55B | 1.49B | 1.32B | 871.02M | 860.69M | 891.44M |
| Total Liabilities & Equity | 4.44B | 4.35B | 3.82B | 2.66B | 2.60B | 2.59B |
| Total Debt | 2.36B | 2.43B | 2.21B | 1.60B | 1.57B | 1.55B |
| Net Cash (Debt) | -2.36B | -2.42B | -2.21B | -1.60B | -1.56B | -1.55B |
| Net Cash Per Share | -13.48 | -13.87 | -13.61 | -10.36 | -10.20 | -10.20 |
| Filing Date Shares Outstanding | 175.34M | 174.95M | 175.27M | 155.96M | 156.64M | 155.23M |
| Total Common Shares Outstanding | 175.22M | 174.87M | 175.17M | 155.96M | 155.63M | 154.07M |
| Working Capital | 96.82M | 107.02M | 44.52M | 61.01M | 83.39M | 61.32M |
| Book Value Per Share | 8.86 | 8.53 | 7.56 | 5.58 | 5.53 | 5.79 |
| Tangible Book Value | 1.29B | 1.22B | 1.17B | 840.84M | 823.62M | 843.55M |
| Tangible Book Value Per Share | 7.37 | 6.99 | 6.70 | 5.39 | 5.29 | 5.48 |
| Land | 36.65M | 36.06M | 32.06M | 30.17M | 44.30M | 43.54M |
| Machinery | 5.16B | 5.02B | 4.59B | 3.50B | 3.40B | 3.44B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 328.53M | 322.29M | 172.23M | 105.00M | 44.30M | 28.22M |
| Depreciation & Amortization | 281.99M | 261.44M | 197.05M | 169.56M | 167.47M | 182.83M |
| Other Amortization | 30.59M | 31.76M | 31.96M | 29.64M | 26.30M | 30.12M |
| Loss (Gain) From Sale of Assets | -45.86M | -47.08M | -17.89M | -10.20M | -40.49M | -30.26M |
| Asset Writedown & Restructuring Costs | 16.61M | 18.29M | 10.68M | 12.26M | 21.44M | 21.40M |
| Loss (Gain) From Sale of Investments | 25.00K | 25.00K | 1.48M | 973.00K | 2.27M | 863.00K |
| Loss (Gain) on Equity Investments | 1.19M | 503.00K | ||||
| Stock-Based Compensation | 24.19M | 19.03M | 14.65M | 13.00M | 11.93M | 11.34M |
| Provision & Write-off of Bad Debts | 1.02M | 1.16M | 381.00K | 224.00K | 206.00K | -90.00K |
| Other Operating Activities | 76.64M | 73.61M | 44.81M | 17.73M | -5.46M | 2.53M |
| Change in Accounts Receivable | -30.40M | -9.29M | 524.00K | -9.12M | -19.97M | 4.45M |
| Change in Inventory | -9.19M | -10.48M | -1.92M | 4.19M | -10.52M | -12.99M |
| Change in Accounts Payable | 46.41M | 3.50M | -15.85M | -12.17M | 13.53M | 5.27M |
| Change in Unearned Revenue | 27.67M | 26.03M | 18.05M | 15.39M | 24.64M | 10.22M |
| Change in Other Net Operating Assets | -23.77M | -68.67M | -26.57M | -26.29M | -32.18M | -16.48M |
| Operating Cash Flow | 725.64M | 622.11M | 429.59M | 310.19M | 203.45M | 237.40M |
| Capital Expenditures | -434.31M | -502.46M | -359.03M | -298.63M | -239.87M | -97.89M |
| Sale of Property, Plant & Equipment | 114.71M | 120.84M | 67.59M | 72.21M | 20.65M | 29.56M |
| Cash Acquisitions | 2.03M | -294.61M | -866.17M | |||
| Divestitures | 71.00M | 71.00M | 99.61M | 83.34M | ||
| Investment in Securities | -6.81M | -5.47M | -2.50M | -7.29M | -14.67M | |
| Other Investing Activities | 442.00K | 3.81M | 45.00K | 1.22M | 3.35M | 1.08M |
| Investing Cash Flow | -252.94M | -606.90M | -1.16B | -232.49M | -130.92M | 16.11M |
| Long-Term Debt Issued | 2.14B | 2.13B | 802.83M | 826.73M | 704.75M | |
| Long-Term Debt Repaid | -1.93B | -1.51B | -767.05M | -809.98M | -863.25M | |
| Net Debt Issued (Repaid) | -256.65M | 210.15M | 619.31M | 35.77M | 16.75M | -158.50M |
| Issuance of Common Stock | 1.90M | 1.63M | 256.86M | 817.00K | 4.81M | 4.11M |
| Repurchase of Common Stock | -58.63M | -85.24M | -19.91M | -12.69M | -2.45M | -2.46M |
| Common Dividends Paid | -152.33M | -141.60M | -110.37M | -95.80M | -90.31M | -89.34M |
| Other Financing Activities | -10.85M | -3.01M | -12.34M | -6.03M | -1.33M | -6.84M |
| Financing Cash Flow | -476.56M | -18.07M | 733.55M | -77.92M | -72.54M | -253.03M |
| Net Cash Flow | -3.86M | -2.87M | 3.08M | -228.00K | -3.00K | 472.00K |
| Free Cash Flow | 291.33M | 119.64M | 70.56M | 11.55M | -36.42M | 139.51M |
| Free Cash Flow Margin | 19.36% | 8.03% | 6.09% | 1.17% | -4.31% | 17.85% |
| Free Cash Flow Per Share | 1.67 | 0.69 | 0.43 | 0.07 | -0.24 | 0.92 |
| Levered Free Cash Flow | 241.30M | 13.27M | 73.61M | 35.55M | -25.62M | 156.92M |
| Unlevered Free Cash Flow | 336.37M | 110.24M | 145.79M | 99.50M | 32.51M | 214.38M |
| Cash Interest Paid | 160.99M | 160.99M | 120.54M | 107.77M | 98.41M | 100.00M |
| Cash Income Tax Paid | 3.29M | 3.29M | 2.21M | 1.31M | 400.00K | 247.00K |
| Change in Working Capital | 10.72M | -58.91M | -25.76M | -28.00M | -24.50M | -9.54M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.56B | 4.56B | 4.36B | 2.40B | 1.40B | 1.15B |
| Enterprise Value | 7.91B | 7.13B | 6.60B | 4.02B | 2.91B | 2.68B |
| Last Close Price | 31.70 | 25.52 | 23.64 | 14.10 | 7.79 | 6.05 |
| PE Ratio | 17.04 | 14.31 | 25.66 | 23.31 | 32.60 | 42.61 |
| Forward PE | 16.64 | 14.99 | 19.38 | 16.98 | 26.41 | 19.30 |
| PS Ratio | 3.69 | 3.06 | 3.77 | 2.43 | 1.65 | 1.48 |
| PB Ratio | 3.58 | 3.06 | 3.29 | 2.76 | 1.62 | 1.29 |
| P/TBV Ratio | 4.30 | 3.73 | 3.72 | 2.86 | 1.70 | 1.37 |
| P/FCF Ratio | 19.08 | 38.14 | 61.79 | 207.99 | 8.26 | |
| P/OCF Ratio | 7.66 | 7.33 | 10.15 | 7.75 | 6.87 | 4.85 |
| PEG Ratio | 1.39 | 1.25 | 1.61 | 2.43 | 2.56 | 2.56 |
| EV/Sales Ratio | 5.26 | 4.79 | 5.71 | 4.06 | 3.44 | 3.44 |
| EV/EBITDA Ratio | 9.27 | 8.56 | 11.79 | 9.47 | 9.42 | 8.51 |
| EV/EBIT Ratio | 13.72 | 12.38 | 18.01 | 15.56 | 20.11 | 19.67 |
| EV/FCF Ratio | 27.16 | 59.60 | 93.61 | 347.93 | 19.24 | |
| Debt / Equity Ratio | 1.52 | 1.63 | 1.67 | 1.84 | 1.82 | 1.74 |
| Debt / EBITDA Ratio | 2.73 | 2.88 | 3.91 | 3.71 | 4.97 | 4.81 |
| Debt / FCF Ratio | 8.09 | 20.27 | 31.39 | 138.49 | 11.12 | |
| Net Debt / Equity Ratio | 1.52 | 1.62 | 1.67 | 1.84 | 1.82 | 1.74 |
| Net Debt / EBITDA Ratio | 2.76 | 2.91 | 3.95 | 3.77 | 5.07 | 4.91 |
| Net Debt / FCF Ratio | 8.08 | 20.26 | 31.33 | 138.38 | -42.97 | 11.11 |
| Asset Turnover | 0.34 | 0.36 | 0.36 | 0.38 | 0.33 | 0.29 |
| Inventory Turnover | 4.49 | 5.11 | 5.35 | 5.40 | 5.33 | 5.26 |
| Quick Ratio | 0.88 | 0.94 | 0.73 | 0.82 | 0.94 | 0.85 |
| Current Ratio | 1.39 | 1.54 | 1.24 | 1.40 | 1.56 | 1.49 |
| Return on Equity (ROE) | 22.19% | 22.90% | 15.70% | 12.13% | 5.06% | 3.09% |
| Return on Assets (ROA) | 8.12% | 8.81% | 7.07% | 6.15% | 3.48% | 3.18% |
| Return on Invested Capital (ROIC) | 11.15% | 11.77% | 9.05% | 7.79% | 4.35% | 3.88% |
| Return on Capital Employed (ROCE) | 13.70% | 13.90% | 10.10% | 10.30% | 5.90% | 5.50% |
| Earnings Yield | 5.87% | 7.06% | 3.95% | 4.37% | 3.17% | 2.45% |
| FCF Yield | 5.24% | 2.62% | 1.62% | 0.48% | -2.61% | 12.11% |
| Dividend Yield | 2.90% | 3.18% | 2.79% | 4.06% | 6.51% | 7.75% |
| Payout Ratio | 48.37% | 43.94% | 64.09% | 91.24% | 203.89% | 316.63% |
| Buyback Yield / Dilution | -1.27% | -7.62% | -5.20% | -0.61% | -1.04% | -0.66% |
| Total Shareholder Return | 1.63% | -4.44% | -2.41% | 3.45% | 5.47% | 7.09% |