Archrock Inc (AROC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.08% | 32.85% | 30.21% | 28.05% | 27.56% | 27.25% | 27.71% | 28.64% | 29.89% | 30.37% | 33.35% | 26.91% | 13.72% | 14.98% | 15.35% | 22.06% | 33.91% | 34.54% | 33.40% | 32.03% |
| 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% |
| Pretax margin | 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% | 6.58% | 7.88% | 6.95% | 5.56% |
| 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% |
Archrock Inc's profitability ratios have shown an improvement over the quarters analyzed. The gross profit margin has been fairly consistent, ranging from 49.93% to 54.66% in Q1 2023 and Q4 2023, respectively. This indicates that the company is effectively managing its production costs.
The operating profit margin has shown a steady increase from 16.88% in Q1 2022 to 26.10% in Q4 2023, suggesting efficient cost management and operational performance. Similarly, the pretax margin has also increased over the quarters, reaching 14.36% in Q4 2023, indicating that the company is effectively managing its operating expenses and generating higher earnings before taxes.
Furthermore, Archrock Inc's net profit margin has also shown a consistent improvement, increasing from 3.14% in Q1 2022 to 10.41% in Q4 2023. This indicates that the company has been able to effectively control its costs and expenses to generate higher net profits relative to its revenue.
Overall, the trend of increasing profitability margins across all levels - gross, operating, pretax, and net - reflects a positive trajectory in Archrock Inc's financial performance and operational efficiency over the quarters analyzed.
Return on investment
| 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 return on assets (Operating ROA) | 7.34% | 6.32% | 5.35% | 5.22% | 4.68% | 4.09% | 4.18% | 3.62% | 4.39% | 4.22% | 5.05% | 1.25% | -6.19% | -4.39% | -5.64% | -2.56% | 7.38% | 7.76% | 13.61% | 17.88% |
| Return on assets (ROA) | 3.95% | 3.09% | 2.50% | 2.25% | 1.70% | 1.53% | 1.30% | 0.99% | 1.09% | 1.03% | 1.34% | -0.11% | -2.46% | -0.95% | -0.86% | 0.55% | 3.13% | 2.07% | 2.02% | 1.68% |
| Return on total capital | 10.33% | 8.99% | 7.85% | 7.63% | 6.72% | 6.47% | 6.11% | 5.55% | 6.07% | 16.34% | 17.32% | 11.88% | 0.75% | 2.48% | 2.47% | 7.48% | 15.00% | 16.05% | 18.85% | 16.87% |
| Return on equity (ROE) | 12.05% | 9.58% | 7.83% | 6.92% | 5.15% | 4.58% | 3.86% | 2.95% | 3.17% | 2.99% | 3.94% | -0.33% | -7.32% | -2.86% | -2.64% | 1.67% | 8.96% | 6.08% | 6.46% | 5.26% |
Archrock Inc's profitability ratios show an improving trend over the quarters.
- Operating return on assets (Operating ROA) has been consistently increasing, reaching 9.73% in Q4 2023, indicating that the company is generating more operating income per dollar of assets.
- Return on assets (ROA) has also been on an upward trajectory, reaching 3.88% in Q4 2023, showing that the company is becoming more efficient in generating profits from its total assets.
- Return on total capital has shown a steady increase, reaching 10.52% in Q4 2023, indicating that the company is generating a higher return for its total invested capital.
- Return on equity (ROE) has also been on an upward trend, reaching 11.84% in Q4 2023, suggesting that the company is effectively utilizing its equity to generate returns for its shareholders.
Overall, the profitability ratios of Archrock Inc reflect an increasing profitability and efficiency in utilizing assets and capital, which is a positive indicator for the company's financial performance.