Archrock Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 25, 2025
AROC$28.99+5.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|
| · · Year Ended December 31, | |||||||||
| · · 2024 · 2023 · 2022 | |||||||||
| Revenue: · · · · | |||||||||
| Contract operations | | $980,405 | | $809,439 | | $677,801 | |||
| Aftermarket services | | 177,186 | | 180,898 | | 167,767 | |||
| Total revenue | | 1,157,591 | | 990,337 | | 845,568 | |||
| Cost of sales, exclusive of depreciation and amortization | | | | | | | | | |
| Contract operations | | 323,052 | | 306,748 | | 278,898 | |||
| Aftermarket services | | 135,449 | | 142,271 | | 140,586 | |||
| Total cost of sales, exclusive of depreciation and amortization | | 458,501 | | 449,019 | | 419,484 | |||
| Selling, general and administrative | | 139,121 | | 116,639 | | 117,184 | |||
| Depreciation and amortization | | 193,194 | | 166,241 | | | 164,259 | ||
| Long-lived and other asset impairment | | 10,681 | | 12,041 | | | 21,442 | ||
| Restructuring charges | | | — | | | 1,775 | | — | |
| Debt extinguishment loss | | | 3,181 | | | — | | | — |
| Interest expense | | 123,610 | | 111,488 | | 101,259 | |||
| Transaction-related costs | | | 13,249 | | | — | | | — |
| Gain on sale of assets, net | | | (17,887) | | | (10,199) | | | (40,494) |
| Other expenses, net | | 1,561 | | 1,086 | | 1,845 | |||
| Income before income taxes | | 232,380 | | 142,247 | | 60,589 | |||
| Provision for income taxes | | 60,149 | | 37,249 | | 16,293 | |||
| Net income | | $172,231 | | $104,998 | | $44,296 | |||
| | | | | | | | | | |
| Basic and diluted earnings per common share | | $1.05 | | $0.67 | | $0.28 | |||
| | | | | | | | | | |
| Weighted-average common shares outstanding: | | | | ||||||
| Basic | | 162,037 | | 154,126 | | 153,281 | |||
| Diluted | | 162,375 | | 154,344 | | 153,410 | |||
(in thousands, except share amounts)
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