Archrock Inc (AROC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 232,380 | 142,247 | 60,589 | 38,961 | -85,982 |
| Revenue | US$ in thousands | 1,172,300 | 889,048 | 784,803 | 703,584 | 775,926 |
| Pretax margin | 19.82% | 16.00% | 7.72% | 5.54% | -11.08% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $232,380K ÷ $1,172,300K
= 19.82%
The pretax margin of Archrock Inc has shown a notable improvement over the years based on the data provided. Starting at a negative figure of -11.08% in December 31, 2020, the company managed to turn the situation around and achieve positive pretax margins of 5.54% in December 31, 2021, 7.72% in December 31, 2022, and a substantial increase to 16.00% in December 31, 2023. The most recent data point, December 31, 2024, demonstrates a further enhancement with a pretax margin of 19.82%. This steady increase in pretax margin signals the company's growing profitability and efficiency in managing its expenses relative to its revenue before accounting for taxes.
Peer comparison
Dec 31, 2024