← Archrock, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $44.3m | $105.0m | $172.2m | $322.3m | |
| Net Income (Loss) Attributable to Parent | ($54.6m) | $19.0m | $21.1m | $97.3m | ($68.4m) | $28.2m | $44.3m | $105.0m | $172.2m | $322.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($55.2m) | $18.3m | $20.2m | $96.0m | ($69.8m) | $27.0m | $42.9m | $103.1m | $170.0m | $319.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($65.2m) | $18.4m | $29.2m | $97.3m | ($68.4m) | $28.2m | $44.3m | $105.0m | $172.2m | $322.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($54.1m) | $19.0m | $21.1m | $97.6m | ($68.4m) | $28.2m | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($64.8m) | $18.5m | $29.2m | $97.6m | ($68.4m) | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($426k) | ($54k) | $0 | ($273k) | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($10.7m) | ($543k) | $8.1m | $0 | — | — | — | — | — | — | |
| Depreciation, Depletion and Amortization | $209.0m | $188.6m | $174.9m | $188.1m | $193.1m | $178.9m | $164.3m | $166.2m | $193.2m | $256.8m | |
| Amortization of Debt Issuance Costs | $6.3m | $7.0m | $6.1m | $6.2m | $5.6m | $10.1m | $5.2m | $5.7m | $5.1m | $6.4m | |
| Amortization of Intangible Assets | $17.9m | $17.8m | $16.5m | $15.3m | $15.6m | $11.3m | $8.9m | $6.9m | $8.1m | $14.5m | |
| Depreciation | $191.1m | $170.8m | $158.4m | $172.8m | $177.5m | $167.6m | $155.4m | $159.3m | $185.1m | $242.3m | |
| Amortization Of Securities | — | — | — | — | — | $863k | $410k | $0 | $0 | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $167.5m | $169.6m | $197.0m | $261.4m | |
| Deferred Income Tax Expense (Benefit) | ($25.0m) | ($59.8m) | $5.2m | ($39.6m) | ($17.8m) | $10.4m | $15.2m | $35.7m | $58.1m | $97.8m | |
| Deferred Other Tax Expense (Benefit) | — | — | — | ($50.2m) | — | — | — | — | — | — | |
| Deferred Income Tax | — | — | — | — | — | — | $15.2m | $35.7m | $58.1m | $97.8m | |
| Deferred Tax | — | — | — | — | — | — | $15.2m | $35.7m | $58.1m | $97.8m | |
| Share-based Payment Arrangement, Noncash Expense | $9.0m | $8.5m | $7.4m | $8.1m | $10.6m | $11.3m | $11.9m | $13.0m | $14.6m | $19.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $3.8m | $6.6m | $15.0m | |
| Share-based Payment Arrangement, Expense | $9.9m | $10.0m | $8.5m | — | — | $10.5m | $14.5m | $20.9m | $33.0m | $31.5m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | — | $0 | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | $99.8m | — | — | — | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | $10.4m | $12.1m | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $23.1m | $12.6m | $11.2m | $19.2m | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $6.0m | $5.7m | $33.9m | $16.0m | ($1.8m) | $11.3m | $12.4m | $10.2m | $17.9m | $47.1m | |
| Gain (Loss) on Disposition of Assets | — | — | $5.7m | $16.0m | $10.6m | $30.3m | $40.5m | $10.2m | $17.9m | $47.1m | |
| Gain (Loss) on Disposition of Business | — | — | — | — | $12.5m | $18.9m | $28.1m | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | $0 | $291k | ($2.5m) | ($3.7m) | ($4.0m) | — | — | — | ($3.2m) | ($890k) | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | — | ($503k) | |
| Income Tax Expense (Benefit) | ($24.6m) | ($61.1m) | $6.2m | ($39.1m) | ($17.5m) | $10.7m | $16.3m | $37.2m | $60.1m | $100.8m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $123.6m | $165.3m | |
| Other Nonoperating Income (Expense) | $8.6m | $5.6m | $5.8m | $661k | $1.4m | $4.7m | ($1.8m) | ($1.1m) | ($1.6m) | ($439k) | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | — | $0 | $0 | $503k | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Inventories | ($32.5m) | $236k | ($4.2m) | ($6.0m) | ($4.0m) | $13.0m | $10.5m | ($4.2m) | $1.9m | $10.5m | |
| Increase (Decrease) in Other Operating Assets | — | — | — | ($4.5m) | $5.8m | ($635k) | $2.7m | $1.9m | $2.5m | $45.2m | |
| Goodwill | — | — | — | $100.6m | — | — | — | — | $52.2m | $125.2m | |
| Inventory Write-down | $3.2m | $2.4m | $1.6m | $944k | $1.3m | $997k | $1.6m | $545k | $550k | $913k | |
| Proceeds from Contributions from Affiliates | $49.2m | $44.7m | $18.7m | $0 | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $0 | $992k | $264k | $0 | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($1.6m) | ($2.2m) | $131k | $1.1m | ($3.2m) | ($3.5m) | ($631k) | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | ($1.9m) | ($973k) | ($1.5m) | ($25k) | |
| Beginning Cash Position | — | — | — | — | — | — | $1.6m | $1.6m | $1.3m | $4.4m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($72.5m) | ($77.9m) | $733.6m | ($18.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($130.9m) | ($232.5m) | ($1.2b) | ($606.9m) | |
| Change In Account Payable | — | — | — | — | — | — | $13.5m | ($12.2m) | ($15.8m) | $3.5m | |
| Change In Inventory | — | — | — | — | — | — | ($10.5m) | $4.2m | ($1.9m) | ($10.5m) | |
| Change In Other Current Assets | — | — | — | — | — | — | ($2.7m) | ($1.9m) | ($2.5m) | ($45.2m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($4.9m) | ($9.0m) | ($6.0m) | $2.6m | |
| Change In Payable | — | — | — | — | — | — | $13.5m | ($12.2m) | ($15.8m) | $3.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $13.5m | ($12.2m) | ($15.8m) | $3.5m | |
| Change In Receivables | — | — | — | — | — | — | ($20.0m) | ($9.1m) | $524k | ($9.3m) | |
| Change In Working Capital | — | — | — | — | — | — | ($24.5m) | ($28.0m) | ($25.8m) | ($58.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($20.0m) | ($9.1m) | $524k | ($9.3m) | |
| Changes In Cash | — | — | — | — | — | — | ($3k) | ($228k) | $3.1m | ($2.9m) | |
| End Cash Position | — | — | — | — | — | — | $1.6m | $1.3m | $4.4m | $1.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($72.5m) | ($77.9m) | $733.6m | ($18.1m) | |
| Free Cash Flow | — | — | — | — | — | — | ($36.4m) | $11.6m | $70.6m | $119.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | $3.5m | $631k | — | — | — | |
| Gain Loss On Sale Of Business | — | — | — | — | — | ($18.9m) | ($28.1m) | $0 | $0 | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($130.9m) | ($232.5m) | ($1.2b) | ($606.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $4.2m | $0 | $255.7m | $0 | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $84.9m | ($7.3m) | ($868.7m) | ($229.1m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $20.7m | $72.2m | $67.6m | $120.8m | |
| Operating Gains Losses | — | — | — | — | — | — | ($39.9m) | ($10.2m) | ($14.7m) | ($45.7m) | |
| Other Non Cash Items | — | — | — | — | — | — | $3.3m | $11.4m | $15.0m | $5.8m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $633k | $817k | $1.1m | $1.6m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $206k | $224k | $381k | $1.2m | |
| Purchase Of Business | — | — | — | — | — | — | ($14.7m) | ($7.3m) | ($868.7m) | ($300.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | ($8.9m) | ($13.3m) | ($70.2m) | |
| Sale Of Business | — | — | — | — | — | — | $99.6m | $0 | $0 | $71.0m | |
| Sale Of PPE | — | — | — | — | — | — | $20.7m | $72.2m | $67.6m | $120.8m | |
| Stock Based Compensation | — | — | — | — | — | — | $11.9m | $13.0m | $14.6m | $19.0m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $1.9m | $973k | $1.5m | $25k | |
| Net Cash Provided by (Used in) Operating Activities | $274.1m | $201.9m | $225.9m | $290.1m | $335.3m | $237.4m | $203.4m | $310.2m | $429.6m | $622.1m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($239.9m) | ($298.6m) | ($359.0m) | ($502.5m) | |
| Capital Expenditure Reported | $117.6m | $221.7m | $319.1m | $385.2m | $140.3m | $97.9m | ($239.9m) | ($298.6m) | ($359.0m) | ($502.5m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $214.0m | — | — | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | $2.5m | $5.5m | |
| Net Other Investing Changes | — | — | — | — | — | — | $3.4m | $1.2m | $45k | $3.8m | |
| Net Cash Provided by (Used in) Investing Activities | ($89.5m) | ($174.7m) | ($284.9m) | ($514.6m) | ($85.0m) | $16.1m | ($130.9m) | ($232.5m) | ($1.2b) | ($606.9m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | $536.5m | $1.2b | $714.8m | $2.4b | $1.0b | $704.8m | $826.7m | $802.8m | — | $2.1b | |
| Issuance Of Debt | — | — | — | — | — | — | $826.7m | $802.8m | $2.1b | $2.1b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $826.7m | $802.8m | $2.1b | $2.1b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $16.8m | $35.8m | $619.3m | $210.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $16.8m | $35.8m | $619.3m | $210.2m | |
| Repayments of Long-term Debt | $675.0m | $1.3b | $605.6m | $2.1b | $1.2b | $863.3m | $810.0m | $767.0m | $1.3b | $1.6b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($810.0m) | ($767.0m) | ($1.5b) | ($1.9b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($810.0m) | ($767.0m) | ($1.5b) | ($1.9b) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $3.4m | $4.2m | — | $255.7m | — | |
| Common Stock Issuance | — | — | — | — | — | — | $4.2m | $0 | $255.7m | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $4.2m | ($8.9m) | $242.4m | ($70.2m) | |
| Payments for Repurchase of Common Stock | $1.5m | $2.8m | $1.8m | $2.0m | $1.8m | $2.5m | $2.4m | $8.9m | $13.3m | $70.2m | |
| Payments of Ordinary Dividends, Common Stock | $34.9m | $34.1m | $58.3m | $78.5m | $88.8m | $89.3m | $90.3m | $95.8m | $110.4m | $141.6m | |
| Common Stock Payments | — | — | — | — | — | — | $0 | ($8.9m) | ($13.3m) | ($70.2m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($90.3m) | ($95.8m) | ($110.4m) | ($141.6m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($90.3m) | ($95.8m) | ($110.4m) | ($141.6m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.8m) | ($9.9m) | ($18.9m) | ($18.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($183.0m) | ($19.8m) | $54.0m | $222.5m | ($252.8m) | ($253.0m) | ($72.5m) | ($77.9m) | $733.6m | ($18.1m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $1.6m | $7.4m | ($4.9m) | ($1.9m) | ($2.6m) | $472k | ($3k) | ($228k) | $3.1m | ($2.9m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $3.7m | $1.1m | $1.6m | $1.6m | $1.3m | $4.4m | $1.6m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($3k) | ($228k) | $3.1m | ($2.9m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $78.0m | $78.9m | $86.8m | $97.5m | $99.8m | $100.0m | $98.4m | $107.8m | $120.5m | $161.0m | |
| Income Taxes Paid, Net | ($4.0m) | ($695k) | $2.1m | $2.0m | $94k | $247k | $407k | $1.3m | $2.2m | $3.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.