earnings
confidence high
sentiment positive
materiality 0.75
Archrock Q4 2022 revenue $218.9M, net income $10.5M; guides 2023 Adj. EBITDA $400-430M
Archrock, Inc.
2022-FY EPS reported
$0.28
revenue$845,568,000
- Q4 2022 revenue $218.9M (+12% YoY); net income $10.5M vs $6.0M; Adj. EBITDA $89.0M vs $83.5M.
- Full-year 2022 revenue $845.6M (+8% YoY); net income $44.3M vs $28.2M; Adj. EBITDA $363.3M vs $360.8M.
- Record period-end utilization 93% (up from 84% YoY); quarterly dividend raised 3% to $0.15/share.
- 2023 guidance: Adj. EBITDA $400-430M; net income $75-105M; growth capex $180-200M.
- Leverage ratio 4.4x; long-term debt $1.5B; available liquidity $487.6M.