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Archrock, Inc. (AROC)
NYSE:AROC
Earnings Data
Report Date
May 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.34Last Year’s EPS
0.26Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: 5.08%
|Next Earnings Date:May 12, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance for Archrock in 2024, with record financial results and a positive outlook for 2025. While there were some challenges, such as seasonal softness in aftermarket services and higher SG&A expenses, these were outweighed by significant achievements in revenue growth, equipment utilization, and successful acquisitions.Company Guidance
During Archrock's fourth-quarter and full-year 2024 conference call, the company provided comprehensive guidance for 2025, highlighting a robust operational and financial performance. For 2025, Archrock anticipates adjusted EBITDA to reach between $750 million and $790 million, a nearly 30% increase from 2024. The company plans to invest $330 million to $370 million in growth capital, primarily for expanding its fleet, with over 200,000 new horsepower expected to be delivered. Archrock aims to maintain its leverage ratio between 3 to 3.5 times while returning $124 million to shareholders through dividends and buybacks in 2024. The guidance reflects strong demand in the compression market, particularly in the Permian Basin, with a focus on large midstream gas drive engines and electric motor drive units. Additionally, Archrock projects a 24% increase in contract operations revenue and a gross margin percentage range of 68% to 71% for 2025, emphasizing its commitment to maintaining profitability and operational efficiency.Record Adjusted EPS and EBITDA
Archrock reported a 69% increase in adjusted EPS and more than a 30% increase in adjusted EBITDA compared to 2023, achieving records in both financial metrics.
High Equipment Utilization and Fleet Growth
The company maintained an all-time high equipment utilization rate of 96% and increased its contract compression operating fleet by 716,000 horsepower.
Strong Dividend Coverage and Shareholder Returns
Archrock returned $124 million in capital to shareholders through dividends and share buybacks, with a dividend coverage of 3.1 times for 2024.
Positive Outlook for 2025
Archrock expects continued growth in natural gas production, with the EIA forecasting 2% to 3% annual growth. The company has a substantial contract backlog for 2025 and is booking units for 2026 delivery.
Successful TOPS Acquisition
The acquisition of TOPS contributed to record results in contract operations, with a substantial increase in revenue and profitability.
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AROC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AROC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | $25.81 | $26.40 | +2.29% |
| Nov 11, 2024 | $23.45 | $24.06 | +2.60% |
| Jul 30, 2024 | $20.99 | $20.22 | -3.67% |
| Apr 30, 2024 | $18.57 | $18.87 | +1.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Archrock, Inc. (AROC) report earnings?
Archrock, Inc. (AROC) is schdueled to report earning on May 12, 2025, TBA Not Confirmed.
What is Archrock, Inc. (AROC) earnings time?
Archrock, Inc. (AROC) earnings time is at May 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AROC EPS forecast?
AROC EPS forecast for the fiscal quarter 2025 (Q1) is 0.34.
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