earnings
confidence high
sentiment positive
materiality 0.85
Archrock Reports Q4 and Full Year 2024 Results; Provides 2025 Guidance
Archrock, Inc.
2024-FY EPS reported
$1.05
revenue$1,157,591,000
- Q4 2024 revenue $326.4M, up 26% from $259.6M in Q4 2023; full-year revenue $1,157.6M.
- Q4 2024 net income $59.8M ($0.34 EPS) vs $33.0M ($0.21 EPS) in Q4 2023; full-year net income $172.2M.
- Adjusted EBITDA for Q4 2024 was $183.8M, up 53% from $120.3M; full-year adjusted EBITDA $595.4M.
- Declared quarterly dividend of $0.19/share, a 15% increase; dividend coverage of 3.5x and leverage ratio 3.3x.
- 2025 guidance: net income $253M-$293M, adjusted EBITDA $750M-$790M, and contract ops revenue $1.2B-$1.235B.