Archrock, Inc. - Understand $aroc stock

$AROC Market Cap: $4.522 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.091B

TTM

Gross Margin

58.34%

TTM

Net Earnings

$145.5M

TTM

Current Assets

$244.7M

Q3 2024

Current Liabilities

$194.7M

Q3 2024

Current Ratio

125.7%

Q3 2024

Total Assets

$3.816B

Q3 2024

Total Liabilities

$2.526B

Q3 2024

Book Value

$1.291B

Q3 2024

Cash

$3.749M

Q3 2024

P/E

31.09

Nov 29, 2024 EST

Free Cash Flow

$79.27M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$990.3M	$845.6M	$781.5M	$875.0M	$965.5M	$904.4M	$794.7M	$807.1M	$998.1M	$959.2M	$862.8M	$2.794B	$2.613B	$2.417B	$2.664B	$2.954B	$2.426B	$1.490B	$1.204B	$1.165B	$1.048B	$991.3M
YoY Change	17.12%	8.2%	-10.69%	-9.38%	6.75%	13.82%	-1.54%	-19.14%	4.06%	11.17%	-69.12%	6.95%	8.09%	-9.25%	-9.82%	21.77%	62.78%	23.75%	3.33%	11.2%	5.72%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$990.3M	$845.6M	$781.5M	$875.0M	$965.5M	$904.4M	$794.7M	$807.1M	$998.1M	$959.2M	$862.8M	$2.794B	$2.613B	$2.417B	$2.664B	$2.954B	$2.426B	$1.490B	$1.204B	$1.165B	$1.048B	$991.3M
Cost Of Revenue	$449.0M	$419.5M	$358.9M	$377.2M	$456.2M	$464.4M	$418.9M	$379.9M	$495.0M	$504.4M	$2.197B	$1.965B	$1.892B	$1.620B			$1.671B	$1.008B	$803.7M	$731.5M	$643.7M	$581.9M
Gross Profit	$541.3M	$426.1M	$422.5M	$497.8M	$509.2M	$440.1M	$375.7M	$427.2M	$503.1M	$454.8M	-$1.335B	$829.4M	$720.4M	$797.1M			$754.5M	$482.5M	$400.5M	$433.9M	$404.3M	$409.4M
Gross Profit Margin	54.66%	50.39%	54.07%	56.89%	52.74%	48.66%	47.28%	52.93%	50.41%	47.42%	-154.69%	29.68%	27.57%	32.98%			31.1%	32.38%	33.26%	37.23%	38.58%	41.3%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$116.6M	$117.2M	$107.2M	$105.1M	$117.7M	$101.6M	$111.5M	$114.5M	$131.9M	$132.7M	$118.9M	$375.6M	$352.1M	$352.0M	$334.0M	$347.2M	$248.0M	$183.7M	$166.0M	$173.1M	$203.0M	$240.9M
YoY Change	-0.47%	9.35%	1.97%	-10.73%	15.92%	-8.9%	-2.61%	-13.23%	-0.55%	11.61%	-68.36%	6.69%	0.03%	5.39%	-3.8%	40.0%	35.0%	10.66%	-4.1%	-14.73%	-15.73%
% of Gross Profit	21.55%	27.5%	25.36%	21.11%	23.12%	23.08%	29.67%	26.8%	26.22%	29.17%		45.29%	48.87%	44.16%			32.87%	38.07%	41.45%	39.89%	50.21%	58.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$166.2M	$164.3M	$178.9M	$193.1M	$188.1M	$174.9M	$188.6M	$209.0M	$229.1M	$212.3M	$187.5M	$346.2M	$352.8M	$392.2M	$352.8M	$330.9M	$232.5M	$175.9M	$172.6M	$175.3M	$169.2M	$148.1M
YoY Change	1.21%	-8.21%	-7.35%	2.69%	7.51%	-7.22%	-9.77%	-8.79%	7.94%	13.22%	-45.84%	-1.88%	-10.04%	11.15%	6.62%	42.32%	32.18%	1.91%	-1.54%	3.61%	14.25%
% of Gross Profit	30.71%	38.55%	42.35%	38.8%	36.94%	39.75%	50.19%	48.92%	45.54%	46.67%		41.74%	48.97%	49.2%			30.82%	36.46%	43.1%	40.4%	41.85%	36.17%
Operating Expenses	$116.6M	$117.2M	$107.2M	$105.1M	$117.7M	$101.6M	$111.5M	$114.5M	$131.9M	$132.7M	$118.9M	$375.6M	$352.1M	$352.0M	$626.3M	$671.0M	$460.7M	$298.5M	$318.1M	$348.4M	$372.1M	$389.1M
YoY Change	-0.47%	9.35%	1.97%	-10.73%	15.92%	-8.9%	-2.61%	-13.23%	-0.55%	11.61%	-68.36%	6.69%	0.03%	-43.8%	-6.66%	45.65%	54.34%	-6.16%	-8.7%	-6.37%	-4.37%
Operating Profit	$424.7M	$308.9M	$315.4M	$392.7M	$391.5M	$338.5M	$264.2M	$312.7M	$371.2M	$322.1M	-$1.453B	$453.8M	$368.3M	$445.1M			$293.8M	$184.0M	$82.40M	$85.50M	$32.20M	$20.30M
YoY Change	37.48%	-2.05%	-19.69%	0.31%	15.64%	28.13%	-15.51%	-15.75%	15.22%	-122.16%	-420.32%	23.2%	-17.25%				59.67%	123.3%	-3.63%	165.53%	58.62%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	$111.5M	$101.3M	$108.1M	$105.7M	$104.7M	$93.33M	$88.76M	$83.90M	$107.6M	$112.3M	$112.2M	$134.4M	$149.5M	$136.1M	-$214.0M	-$105.8M	-$117.8M	-$104.1M	-$125.4M	-$122.8M	-$71.70M	-$69.10M
YoY Change	10.1%	-6.36%	2.29%	0.99%	12.16%	5.15%	5.79%	-22.04%	-4.15%	0.07%	-16.51%	-10.1%	9.79%	-163.62%	102.27%	-10.19%	13.16%	-16.99%	2.12%	71.27%	3.76%
% of Operating Profit	26.25%	32.78%	34.29%	26.92%	26.74%	27.57%	33.59%	26.83%	28.99%	34.85%		29.61%	40.58%	30.59%			-40.1%	-56.58%	-152.18%	-143.63%	-222.67%	-340.39%
Other Income/Expense, Net	-$1.086M	-$1.845M	$4.707M	$1.359M	$661.0K	$157.0K	$243.0K	$8.590M	$2.079M	$5.475M	$22.54M	-$506.0K	$5.597M	$11.41M
YoY Change	-41.14%	-139.2%	246.36%	105.6%	321.02%	-35.39%	-97.17%	313.18%	-62.03%	-75.7%	-4553.56%	-109.04%	-50.96%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$142.2M	$60.59M	$38.96M	-$85.98M	$58.46M	$35.31M	-$42.62M	-$89.42M	-$106.2M	-$45.18M	-$20.89M	-$118.9M	-$343.3M	-$216.3M	$1.562B	$993.1M	-$2.300M	$73.90M	-$50.30M	-$29.30M	-$113.9M	-$97.30M
YoY Change	134.77%	55.51%	-145.31%	-247.08%	65.56%	-182.85%	-52.34%	-15.79%	135.03%	116.29%	-82.43%	-65.36%	58.72%	-113.85%	57.27%	-43278.26%	-103.11%	-246.92%	71.67%	-74.28%	17.06%
Income Tax	$37.25M	$16.29M	$10.74M	-$17.54M	-$39.15M	$6.150M	-$61.08M	-$24.60M	$53.19M	-$28.07M	-$17.84M	-$45.76M	-$10.61M	-$62.30M	$50.40M	$35.20M	$1.600M	$13.20M	$20.20M	$24.80M	$3.600M	-$17.10M
% Of Pretax Income	26.19%	26.89%	27.58%		-66.96%	17.42%									3.23%	3.54%		17.86%
Net Earnings	$105.0M	$44.30M	$28.22M	-$68.45M	$97.33M	$21.06M	$18.95M	-$54.56M	-$132.5M	$60.95M	$123.2M	-$39.49M	-$340.6M	-$101.8M	$1.214B	$1.003B	$34.60M	$86.50M	-$38.00M	-$44.00M	-$208.3M	-$116.1M
YoY Change	137.04%	56.98%	-141.23%	-170.32%	362.09%	11.13%	-134.74%	-58.84%	-317.49%	-50.52%	-411.92%	-88.41%	234.5%	-108.39%	21.03%	2798.55%	-60.0%	-327.63%	-13.64%	-78.88%	79.41%
Net Earnings / Revenue	10.6%	5.24%	3.61%	-7.82%	10.08%	2.33%	2.39%	-6.76%	-13.28%	6.35%	14.28%	-1.41%	-13.04%	-4.21%	45.57%	33.95%	1.43%	5.8%	-3.16%	-3.78%	-19.88%	-11.71%
Basic Earnings Per Share	$0.67	$0.28	$0.18	-$0.46	$0.70			-$0.80	-$1.94	$0.91	$1.91	-$0.62	-$5.44	-$1.64
Diluted Earnings Per Share	$0.67	$0.28	$0.18	-$0.46	$0.70	$192.9K	$272.6K	-$0.80	-$1.94	$0.91	$1.91	-$0.62	-$5.44	-$1.64	$19.77M	$15.52M	$758.8K	$2.376M	-$1.275M	-$518.9K	-$2.568M	-$1.460M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$1.338M	$1.566M	$1.569M	$1.100M	$3.700M	$5.600M	$10.50M	$3.100M	$1.600M	$400.0K	$35.70M	$34.60M	$21.90M	$44.60M	$83.70M	$123.9M	$149.2M	$73.30M
YoY Change	-14.56%	-0.19%	42.64%	-70.27%	-33.93%	-46.67%	238.71%	93.75%	300.0%	-98.88%	3.18%	57.99%	-50.9%	-46.71%	-32.45%	-16.96%	103.55%
Cash & Equivalents	$1.338M	$1.566M	$1.569M	$1.100M	$3.700M	$5.600M	$10.50M	$3.100M	$1.600M	$400.0K	$35.70M	$34.60M	$21.90M	$44.60M	$83.70M	$123.9M	$149.2M	$73.30M
Short-Term Investments
Other Short-Term Assets	$5.989M	$8.228M	$7.201M	$12.80M	$9.200M	$11.00M	$6.500M	$7.000M	$6.500M	$879.7M	$294.7M	$366.5M	$310.9M	$290.7M	$397.9M	$524.1M	$399.9M	$216.2M
YoY Change	-27.21%	14.26%	-43.74%	39.13%	-16.36%	69.23%	-7.14%	7.69%	-99.26%	198.51%	-19.59%	17.88%	6.95%	-26.94%	-24.08%	31.06%	84.97%
Inventory	$81.76M	$84.62M	$72.87M	$63.70M	$74.50M	$76.30M	$90.70M	$93.80M	$129.4M	$145.8M	$413.9M	$386.3M	$342.1M	$396.3M	$490.0M	$495.8M	$411.4M	$308.1M
Prepaid Expenses
Receivables	$124.1M	$137.5M	$104.9M	$104.4M	$144.9M	$148.0M	$113.4M	$111.7M	$147.8M	$160.0M	$476.8M	$450.6M	$449.0M	$429.0M	$447.5M	$551.4M	$516.1M	$283.1M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$15.20M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$213.2M	$232.0M	$186.6M	$182.0M	$232.2M	$256.2M	$221.2M	$215.7M	$285.3M	$1.186B	$1.221B	$1.238B	$1.124B	$1.161B	$1.419B	$1.695B	$1.477B	$880.7M
YoY Change	-8.11%	24.33%	2.51%	-21.62%	-9.37%	15.82%	2.55%	-24.4%	-75.94%	-2.89%	-1.37%	10.15%	-3.16%	-18.22%	-16.28%	14.8%	67.66%
Property, Plant & Equipment	$2.316B	$2.216B	$2.244B	$2.409B	$2.577B	$2.171B	$2.077B	$2.079B	$2.268B	$2.372B	$2.820B	$2.839B	$2.935B	$3.093B	$3.404B	$3.436B	$3.534B	$1.864B
YoY Change	4.52%	-1.25%	-6.84%	-6.53%	18.71%	4.53%	-0.11%	-8.32%	-4.4%	-15.89%	-0.65%	-3.27%	-5.11%	-9.16%	-0.93%	-2.75%	89.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments															$0.00	$83.90M	$86.10M	$90.00M
YoY Change															-100.0%	-2.56%	-4.33%
Other Assets	$96.53M	$113.8M	$111.5M	$127.3M	$122.4M	$72.90M	$41.00M	$33.30M	$41.30M	$1.354B	$116.5M	$93.20M	$167.1M	$15.80M	$5.600M	$298.6M	$45.20M	$47.80M
YoY Change	-15.14%	2.03%	-12.42%	4.0%	67.9%	77.8%	23.12%	-19.37%	-96.95%	1062.49%	25.0%	-44.23%	957.59%	182.14%	-98.12%	560.62%	-5.44%
Total Long-Term Assets	$2.443B	$2.367B	$2.403B	$2.598B	$2.878B	$2.296B	$2.187B	$2.199B	$2.410B	$3.741B	$3.006B	$3.017B	$3.237B	$3.581B	$3.874B	$4.398B	$5.387B	$2.190B
YoY Change	3.21%	-1.52%	-7.48%	-9.73%	25.32%	5.01%	-0.56%	-8.75%	-35.58%	24.45%	-0.35%	-6.8%	-9.61%	-7.56%	-11.91%	-18.37%	145.95%
Total Assets	$2.656B	$2.599B	$2.590B	$2.780B	$3.110B	$2.553B	$2.408B	$2.415B	$2.695B	$4.927B	$4.227B	$4.255B	$4.361B	$4.742B	$5.293B	$6.093B	$6.864B	$3.071B
YoY Change
Accounts Payable	$61.03M	$64.32M	$38.92M	$30.80M	$60.20M	$54.90M	$54.60M	$32.50M	$52.40M	$41.50M	$177.3M	$231.9M	$210.8M	$157.2M	$131.3M	$216.7M	$221.4M	$136.9M
YoY Change	-5.13%	65.27%	26.36%	-48.84%	9.65%	0.55%	68.0%	-37.98%	26.27%	-76.59%	-23.54%	10.01%	34.1%	19.73%	-39.41%	-2.12%	61.72%
Accrued Expenses	$78.22M	$66.81M	$71.31M	$60.80M	$56.20M	$67.20M	$55.30M	$52.70M	$60.40M	$65.40M	$196.4M	$158.9M	$163.4M	$176.7M	$201.7M	$184.2M	$225.3M	$111.1M
YoY Change	17.09%	-6.31%	17.29%	8.19%	-16.37%	21.52%	4.93%	-12.75%	-7.65%	-66.7%	23.6%	-2.75%	-7.53%	-12.39%	9.5%	-18.24%	102.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due															$0.00	$100.0K	$1.000M	$4.900M
YoY Change															-100.0%	-90.0%	-79.59%
Total Short-Term Liabilities	$152.1M	$148.6M	$125.3M	$111.7M	$138.7M	$150.7M	$130.9M	$106.5M	$135.1M	$610.1M	$640.7M	$774.5M	$669.9M	$758.2M	$837.0M	$917.2M	$806.1M	$554.1M
YoY Change	2.4%	18.62%	12.13%	-19.47%	-7.96%	15.13%	22.91%	-21.17%	-77.86%	-4.78%	-17.28%	15.61%	-11.65%	-9.41%	-8.74%	13.78%	45.48%
Long-Term Debt	$1.585B	$1.548B	$1.531B	$1.689B	$1.843B	$1.530B	$1.417B	$1.442B	$1.577B	$2.026B	$1.502B	$1.565B	$1.773B	$1.897B	$2.261B	$2.512B	$2.333B	$1.365B
YoY Change	2.36%	1.14%	-9.36%	-8.34%	20.46%	7.93%	-1.71%	-8.57%	-22.16%	34.86%	-4.01%	-11.74%	-6.54%	-16.09%	-10.01%	7.69%	70.91%
Other Long-Term Liabilities	$43.00M	$40.30M	$41.31M	$42.90M	$41.40M	$27.90M	$26.50M	$14.50M	$17.40M	$119.2M	$72.50M	$92.20M	$112.9M	$163.3M	$196.0M	$237.5M	$89.00M	$49.00M
YoY Change	6.7%	-2.46%	-3.7%	3.62%	48.39%	5.28%	82.76%	-16.67%	-85.4%	64.41%	-21.37%	-18.33%	-30.86%	-16.68%	-17.47%	166.85%	81.63%
Total Long-Term Liabilities	$1.628B	$1.589B	$1.572B	$1.732B	$1.884B	$1.557B	$1.444B	$1.456B	$1.594B	$2.145B	$1.575B	$1.657B	$1.886B	$2.060B	$2.457B	$2.750B	$2.422B	$1.414B
YoY Change	2.47%	1.05%	-9.22%	-8.07%	20.96%	7.88%	-0.87%	-8.66%	-25.67%	36.22%	-4.97%	-12.13%	-8.47%	-16.14%	-10.65%	13.54%	71.28%
Total Liabilities	$1.785B	$1.738B	$1.699B	$1.844B	$2.024B	$1.711B	$1.631B	$1.696B	$1.961B	$3.130B	$2.565B	$2.776B	$2.923B	$3.132B	$3.653B	$4.049B	$3.701B	$2.057B
YoY Change	2.7%	2.33%	-7.9%	-8.88%	18.3%	4.9%	-3.82%	-13.54%	-37.33%	22.01%	-7.6%	-5.04%	-6.66%	-14.26%	-9.78%	9.39%	79.97%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

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Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	154.1M	153.3M	151.7M	150.8M	137.5M	109.3M	69.55M shares	68.99M shares	68.43M shares	66.23M shares	64.45M shares	63.44M shares	62.62M shares	62.00M shares
Diluted Shares Outstanding	154.3M	153.4M	151.8M	150.8M	137.5M	109.4M	69.66M shares	68.99M shares	68.43M shares	66.23M shares	64.45M shares	63.44M shares	62.62M shares	62.00M shares
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Market Cap: $4.5225 Billion

About Archrock, Inc.

Archrock, Inc. engages in the provision of operations, maintenance, service and equipment for oil and natural gas production, processing, and transportation applications. The company is headquartered in Houston, Texas and currently employs 1,100 full-time employees. The company went IPO on 2000-05-24. The firm is a provider of natural gas compression services to customers in the energy industry throughout. the United States. The company is a supplier of aftermarket services to customers that own compression equipment. Its segments include Contract Operations and Aftermarket Services. The Contract Operations business is comprised of its owned fleet of natural gas compression equipment that it use to provide operations services to its customers. The aftermarket services business provides a full range of services to support the compression needs of its customers that own compression equipment, including operations, maintenance, overhaul and reconfiguration services and sales of parts and components. The company provides comprehensive contract operations services, such as personnel, equipment, tools, materials and supplies to meet its customer’s natural gas compression needs.

Industry: Natural Gas Transmission Peers: NEXTIER OILFIELD SOLUTIONS INC. Liberty Energy Inc. ProPetro Holding Corp. RPC INC SCHLUMBERGER LIMITED/NV TIDEWATER INC U.S. SILICA HOLDINGS, INC. USA Compression Partners, LP Weatherford International plc