Archrock Inc (AROC)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 104,998 | 82,454 | 66,967 | 59,060 | 44,296 | 39,830 | 33,763 | 25,769 | 28,217 | 27,016 | 36,044 | -3,089 | -68,445 | -27,192 | -25,117 | 16,687 | 97,330 | 64,254 | 53,821 | 44,335 |
| Revenue (ttm) | US$ in thousands | 884,635 | 850,029 | 813,492 | 785,951 | 753,160 | 724,464 | 705,631 | 683,916 | 685,067 | 688,377 | 699,129 | 720,039 | 768,969 | 841,112 | 878,250 | 896,466 | 884,844 | 872,016 | 863,322 | 858,072 |
| Net profit margin | 11.87% | 9.70% | 8.23% | 7.51% | 5.88% | 5.50% | 4.78% | 3.77% | 4.12% | 3.92% | 5.16% | -0.43% | -8.90% | -3.23% | -2.86% | 1.86% | 11.00% | 7.37% | 6.23% | 5.17% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $104,998K ÷ $884,635K
= 11.87%
The net profit margin of Archrock Inc has shown a positive trend over the past eight quarters, indicating improving profitability. In Q4 2023, the net profit margin reached 10.41%, the highest level in the provided data. This represents the percentage of revenue that translates into profit after all expenses are accounted for. The consistent increase in net profit margin suggests effective cost management, operational efficiency, or potentially higher revenue generation. This trend is a positive indicator of the company's financial health and its ability to generate profits from its operations.
Peer comparison
Dec 31, 2023