Archrock Inc
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
View on SEC.govAbout this filing
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.
FY2023 · Filed Feb 21, 2024
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, | |||||||||
| · · 2023 · 2022 · 2021 | |||||||||
| Revenue: · · · · | |||||||||
| Contract operations | | $809,439 | | $677,801 | | $648,311 | |||
| Aftermarket services | | 180,898 | | 167,767 | | 133,150 | |||
| Total revenue | | 990,337 | | 845,568 | | 781,461 | |||
| Cost of sales (excluding depreciation and amortization): | | | | | | | | | |
| Contract operations | | 306,748 | | 278,898 | | 244,486 | |||
| Aftermarket services | | 142,271 | | 140,586 | | 114,431 | |||
| Total cost of sales (excluding depreciation and amortization) | | 449,019 | | 419,484 | | 358,917 | |||
| Selling, general and administrative | | 116,639 | | 117,184 | | 107,167 | |||
| Depreciation and amortization | | 166,241 | | 164,259 | | | 178,946 | ||
| Long-lived and other asset impairment | | 12,041 | | 21,442 | | | 21,397 | ||
| Restructuring charges | | | 1,775 | | | — | | 2,903 | |
| Interest expense | | 111,488 | | 101,259 | | 108,135 | |||
| Gain on sale of assets, net | | | (10,199) | | | (40,494) | | | (30,258) |
| Other expense (income), net | | 1,086 | | 1,845 | | (4,707) | |||
| Income before income taxes | | 142,247 | | 60,589 | | 38,961 | |||
| Provision for income taxes | | 37,249 | | 16,293 | | 10,744 | |||
| Net income | | $104,998 | | $44,296 | | $28,217 | |||
| | | | | | | | | | |
| Basic and diluted earnings per common share | | $0.67 | | $0.28 | | $0.18 | |||
| | | | | | | | | | |
| Weighted average common shares outstanding: | | | | ||||||
| Basic | | 154,126 | | 153,281 | | 151,684 | |||
| Diluted | | 154,344 | | 153,410 | | 151,830 | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.