AROC Q1 2024 Earnings — Archrock, Inc. Revenue & Financial Results | Market Cap Arena

AROCArchrock, Inc.

$6B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$268M+16.8% YoY

Gross Profit

$156M58.0% margin

Operating Income

$124M46.2% margin

Net Income

$41M15.1% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

$138M

Free Cash Flow

$38M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.8B

Stockholders' Equity

$882M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$268M	$230M	+16.8%
Gross Profit	$156M	$116M	+33.8%
Operating Income	$124M	$90M	+37.8%
Net Income	$41M	$16M	+145.9%

Revenue Segments

Contract Operations Segment

$223M83%

Aftermarket Services Segment

$45M17%