Archrock Inc (AROC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 172,231 | 104,998 | 44,296 | 28,217 | -68,445 |
| Revenue | US$ in thousands | 1,172,300 | 889,048 | 784,803 | 703,584 | 775,926 |
| Net profit margin | 14.69% | 11.81% | 5.64% | 4.01% | -8.82% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $172,231K ÷ $1,172,300K
= 14.69%
The net profit margin of Archrock Inc, as reflected in the financial data provided, has shown significant improvement over the period from December 31, 2020, to December 31, 2024.
In December 2020, the net profit margin was negative at -8.82%, indicating that the company was experiencing a loss in its profitability. However, by December 2021, the net profit margin had turned positive and stood at 4.01%, signifying a return to profitability.
The trend continued in the following years, with the net profit margin increasing to 5.64% by December 2022, 11.81% by December 2023, and 14.69% by December 2024. These figures demonstrate a consistent and significant improvement in the company's profitability over the period under review.
Overall, the upward trajectory of Archrock Inc's net profit margin indicates an enhancement in its operational efficiency and financial performance, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024