---
schema_version: "secwatch.filing_event.v1"
accession: "0001389050-24-000003"
form_type: "8-K"
ticker: "AROC"
cik: "0001389050"
company_name: "Archrock, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T21:53:01.754347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Archrock reports record Q4 2023; Adj EBITDA $120.3M, up 35% YoY; guides 2024 Adj EBITDA $500-530M

## Summary
- Q4 2023 revenue $259.6M, net income $33.0M vs $10.5M YoY; Adj EBITDA $120.3M vs $89.0M (+35%).
- Full year 2023 revenue $990.3M, net income $105.0M, Adj EBITDA $450.4M (+24% YoY).
- Contract ops gross margin 64% vs 58% YoY; utilization 96% vs 93%; aftermarket services margin 22% vs 17%.
- Quarterly dividend $0.165/share (10% YoY increase); dividend coverage 2.8x; share repurchases $2.4M in Q4.
- 2024 guidance: Adj EBITDA $500-530M (midpoint +14% YoY); capex $275-290M; net income $134-164M.

## SEC filing metadata
- accession: 0001389050-24-000003
- form_type: 8-K
- ticker: AROC
- cik: 0001389050
- company_name: Archrock, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389050/000138905024000003/0001389050-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389050/000138905024000003/aroc-20240220x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001389050-24-000003
- JSON: https://secwatch.observer/filing/0001389050-24-000003.json
- Plain text: https://secwatch.observer/filing/0001389050-24-000003.txt

## Key facts
- Earnings Releases
  Archrock, Inc. updated its the quarter and year ended December 31, 2023 guidance (initiated).
  - Period: the quarter and year ended December 31, 2023
  - Guidance: initiated
  - Result: reported results
  source text: On February 20, 2024, Archrock, Inc. issued a press release announcing its results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389050/000138905024000003/0001389050-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.