Archrock, Inc.
Rank #399Op. LeverageAROC · NYSE · Energy
Archrock, Inc. (AROC) — Rank #399 by gross profitability (GP/assets 0.16) · ROE 20.8% · Piotroski F-Score 8 / 9.
As-of 2026-09-15 · CIK 0001389050 · all metrics point-in-time as of the filing date.
About
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States.
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The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services. The company also sells over-the-counter parts and components, as well as provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. Archrock, Inc. was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015.
The company was founded in 1990 and is headquartered in Houston, Texas.
- Industry
- Oil & Gas Equipment & Services
- Sector
- Energy
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- archrock.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$5.30B
P/E (annual)
16.5
P/S (annual)
3.6
P/B
3.4
P/OCF (annual)
8.5
Shareholder Yield
-4.9%
Employees
1,350
Industry
Oil & Gas Equipment & Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
1/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds3 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
18.5%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 7.6% — per-share value needs a total required return of 26.1% once share-count change is priced in.
vs. own 6-year median revenue growth: 12.5%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
13.6%
r = 10% (base)
18.5%
r = 12%
22.8%
Net debt / market cap: 44.4%— material leverage inflates the implied growth read.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Operating margin expansion and free cash flow are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.16
Primary signal (Novy-Marx).
4th of 6 SIC 4922 peers
Return on equity
20.8%
Gross margin
48.6%
1st of 6 SIC 4922 peers
Revenue growth (YoY)
28.7%
RPO growth (YoY)
1.3%
Remaining performance obligations growth — RPO > revenue = forward demand building.
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
20.8%
Revenue CAGR (5Y)
11.2%
Earnings CAGR (3Y)
93.8%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.86
Current ratio
1.39×
1st of 6 SIC 4922 peers
Quick ratio
0.88×
Net cash
-$2.35B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$119.64M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.63
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.3%
Stock-based comp intensity.
Dividend safety
Composite score
2.5 / 5
Piotroski F-Score
F-Score
8 / 9
Fundamental-strength score (0-9).