Archrock, Inc. (AROC) financial statements (2020 and earlier)

Company profile

Business Address 9807 KATY FREEWAY
HOUSTON, TX 77024
State of Incorp.
Fiscal Year End December 31
SIC 4922 - Natural Gas Transmission (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments46113240
Cash and cash equivalents46113240
Restricted cash and investments     1
Receivables145148113112148558
Inventory, net of allowances, customer advances and progress billings74769194129404
Inventory74769194129404
Disposal group, including discontinued operation 00101
Deferred tax assets    80
Other current assets91166662
Other undisclosed current assets 15   121
Total current assets:2322562212162851,266
Noncurrent Assets
Operating lease, right-of-use asset18
Property, plant and equipment2,5592,1712,0772,0792,2683,327
Intangible assets, net (including goodwill)178526987101145
Goodwill101    4
Intangible assets, net (excluding goodwill)77526987101142
Capitalized contract cost, net4339
Disposal group, including discontinued operation, noncurrent assets13713202117
Deferred income tax assets37
Other noncurrent assets30272861154
Other undisclosed noncurrent assets   72147
Total noncurrent assets:2,8782,2962,1872,1992,4213,591
TOTAL ASSETS:3,1102,5532,4082,4152,7074,857
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities128134126102132660
Accounts payable6055553352203
Accrued liabilities6879717080260
Employee-related liabilities     115
Taxes payable     68
Interest and dividends payable     14
Deferred revenue11
Derivative instruments and hedges, liabilities     5
Disposal group, including discontinued operation 00102
Deferred revenue and credits53269
Deferred tax liabilities    1
Contract with customer, liability17
Other undisclosed current liabilities     (127)
Total current liabilities:139151131107135611
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,8431,5301,4171,4421,5882,027
Operating lease, liability16
Other undisclosed long-term debt and lease obligation1,8261,5301,4171,4421,5882,027
Liabilities, other than long-term debt2728124182196266
Deferred tax liabilities, net 98167179187
Deferred income tax liabilities1
Disposal group, including discontinued operation, liabilities976760
Other liabilities17212081279
Other undisclosed noncurrent liabilities163    
Total noncurrent liabilities:1,8851,5601,5421,6231,7842,293
Total liabilities:2,0241,7111,6721,7301,9202,904
Stockholders' equity
Stockholders' equity attributable to parent1,0868427777197341,797
Common stock211111
Treasury stock, value(82)(80)(77)(74)(72)(69)
Additional paid in capital3,4133,1783,0933,0212,9453,716
Accumulated other comprehensive income (loss)(1)61(2)(2)16
Accumulated deficit(2,245)(2,264)(2,241)(2,227)(2,138)(1,866)
Stockholders' equity attributable to noncontrolling interest  (41)(34)53156
Total stockholders' equity:1,0868427366857871,953
TOTAL LIABILITIES AND EQUITY:3,1102,5532,4082,4152,7074,857

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9659047958079982,900
Revenue, net7958079982,900
Cost of revenue
(Cost of Goods and Services Sold)
(456)(2)(2)(3)(4)(1,868)
Gross profit:5099037928049941,031
Operating expenses(155)(140)(142)(202) (439)
Operating income:355763650602994592
Nonoperating income (expense)1669 (11)
Foreign currency transaction loss, before tax     (9)
Other nonoperating income (expense)1669 (2)
Interest and debt expense(108)(96)(89)(84)(9)(114)
Income from continuing operations before equity method investments, income taxes:247673567527985467
Income from equity method investments     15
Other undisclosed loss from continuing operations before income taxes(189)(638)(610)(616)(1,091)(370)
Income (loss) from continuing operations before income taxes:5835(43)(89)(106)112
Income tax expense (benefit)39(6)6125(53)(59)
Income (loss) from continuing operations:982918(65)(159)53
Income (loss) from discontinued operations(0) (0)(0)3473
Net income (loss):972918(65)(126)126
Net income (loss) attributable to noncontrolling interest (8)111(7)(28)
Net income (loss) attributable to parent:972119(55)(133)98
Other undisclosed net loss available to common stockholders, basic(1)(1)(1)(1)(1)(2)
Net income (loss) available to common stockholders, diluted:962018(55)(133)97

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):972918(65)(126)126
Other comprehensive income (loss)(7)971(28)(15)
Comprehensive income (loss):903826(64)(154)111
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (12)(4)10(6)(27)
Comprehensive income (loss), net of tax, attributable to parent:902522(55)(160)84

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: