Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services. The company also sells over-the-counter parts and components, as well as provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. Archrock, Inc. was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. The company was founded in 1990 and is headquartered in Houston, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | $850M | $322M | $120M | 21.6% | 28.7% | 87.1% |
| 2024 | $1.2B | $553M | $172M | $71M | 13.0% | 16.9% | 64.0% |
| 2023 | $990M | $423M | $105M | $12M | 12.1% | 17.1% | 137.0% |
| 2022 | $846M | $329M | $44M | $-36M | 5.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 845.57 | 990.34 | 1,157.59 | 1,489.82 |
| Cost Of Revenue | - | 583.74 | 615.26 | 651.70 | 766.19 |
| Gross Profit | - | 261.82 | 375.08 | 505.90 | 723.63 |
| Operating Expense | - | 117.18 | 116.64 | 139.12 | 147.81 |
| Operating Income | - | 144.64 | 258.44 | 366.78 | 575.83 |
| EBITDA | - | 329.31 | 423.30 | 553.04 | 850.41 |
| EBIT | - | 161.85 | 253.74 | 355.99 | 588.98 |
| Pretax Income | - | 60.59 | 142.25 | 232.38 | 423.64 |
| Tax Provision | - | 16.29 | 37.25 | 60.15 | 100.84 |
| Net Income | - | 44.30 | 105 | 172.23 | 322.29 |
| Net Income Common Stockholders | - | 42.87 | 103.12 | 169.95 | 318.96 |
| Total Expenses | - | 700.93 | 731.90 | 790.82 | 913.99 |
| Interest Expense | - | 101.26 | 111.49 | 123.61 | 165.34 |
| Selling General And Administration | - | 117.18 | 116.64 | 139.12 | 147.81 |
| Normalized EBITDA | - | 310.26 | 426.91 | 562.26 | 836.82 |
| Normalized Income | - | 30.39 | 107.67 | 179.07 | 312.44 |
| Market Cap | 6,542 | 6,542 | 6,542 | 6,542 | 6,542 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Archrock, Inc.this co. | AROC | $6.6B | 20.30β premium | 4.39 | 21.6% | 10.54 |
| Noble Corporation plc | NE | $7.9B | 36.45 | 1.74 | 4.8% | 9.29 |
| California Resources Corporation | CRC | $5.6B | 15.83 | 1.56 | 9.9% | 6.23 |
| Magnolia Oil & Gas Corporation | MGY | $5.5B | 17.19 | 2.88 | 16.8% | 6.54 |
| Comstock Resources, Inc. | CRK | $5.0B | 11.84 |
| - |
| - |
| - |
| - |
| 1.88 |
| 15.9% |
| 5.73 |
| Tidewater Inc. | TDW | $4.4B | 13.11 | 3.21 | 24.5% | 10.26 |
| International Seaways, Inc. | INSW | $3.9B | 12.71 | 1.95 | 15.3% | 8.52 |
| Cactus, Inc. | WHD | $3.9B | 23.74 | 3.21 | 13.5% | 11.78 |
| SM Energy Company | SM | $3.3B | 10.65 | 1.43 | 13.5% | 4.18 |
| Peer Median | - | 14.47 | 1.91 | 14.4% | 7.53 | |