Archrock Inc (AROC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 195,069 | 168,800 | 143,455 | 136,743 | 121,660 | 106,608 | 108,764 | 94,155 | 113,685 | 110,613 | 136,039 | 34,167 | -172,181 | -125,747 | -165,062 | -77,281 | 229,465 | 240,534 | 362,146 | 470,902 |
| 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 |
| Operating profit margin | 22.05% | 19.86% | 17.63% | 17.40% | 16.15% | 14.72% | 15.41% | 13.77% | 16.59% | 16.07% | 19.46% | 4.75% | -22.39% | -14.95% | -18.79% | -8.62% | 25.93% | 27.58% | 41.95% | 54.88% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $195,069K ÷ $884,635K
= 22.05%
The operating profit margin of Archrock Inc has shown a generally increasing trend over the past eight quarters. It increased from 16.88% in Q1 2022 to 26.10% in Q4 2023. This positive trend indicates that the company has been able to improve its efficiency in generating profits from its core operations over time. The consistent growth in operating profit margin reflects effective cost management and potentially improved revenue generation strategies. Overall, the increasing trend in operating profit margin suggests that Archrock Inc has been able to enhance its operational performance and profitability.
Peer comparison
Dec 31, 2023