Archrock Inc (AROC)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 232,380 | 196,726 | 186,085 | 173,189 | 142,247 | 111,763 | 89,088 | 80,568 | 60,589 | 52,891 | 46,483 | 30,432 | 38,961 | 39,925 | 50,836 | 2,351 | -85,982 | -84,805 | -87,090 | -36,004 |
| Revenue (ttm) | US$ in thousands | 1,142,169 | 1,036,877 | 972,925 | 921,312 | 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 |
| Pretax margin | 20.35% | 18.97% | 19.13% | 18.80% | 16.08% | 13.15% | 10.95% | 10.25% | 8.04% | 7.30% | 6.59% | 4.45% | 5.69% | 5.80% | 7.27% | 0.33% | -11.18% | -10.08% | -9.92% | -4.02% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $232,380K ÷ $1,142,169K
= 20.35%
Archrock Inc's pretax margin has shown a volatile trend over the analyzed period. The company experienced negative pretax margins in the first half of 2020, reaching as low as -11.18% by the end of December 2020. However, starting from March 2021, the pretax margin turned positive and displayed consistent growth, reaching 20.35% by December 2024. This improvement indicates that the company's profitability before taxes has strengthened significantly in recent years. The positive trend in pretax margin suggests that Archrock Inc has been effectively managing its costs and increasing operational efficiency, leading to enhanced profitability.
Peer comparison
Dec 31, 2024