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
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4322634
Cash and cash equivalents4322634
Receivables145157147145148142131
Inventory, net of allowances, customer advances and progress billings74787472767782
Inventory74787472767782
Disposal group, including discontinued operation    000
Other current assets91499111010
Other undisclosed current assets    15  
Total current assets:232253232229256233227
Noncurrent Assets
Operating lease, right-of-use asset181918 
Property, plant and equipment2,5592,5802,2942,2662,1712,1662,125
Intangible assets, net (including goodwill)1781774549525660
Goodwill101107     
Intangible assets, net (excluding goodwill)77704549525660
Capitalized contract cost, net4343424039  
Disposal group, including discontinued operation, noncurrent assets13888766
Deferred income tax assets37   
Other noncurrent assets30202224273434
Other undisclosed noncurrent assets   18 3631
Total noncurrent assets:2,8782,8482,4302,4062,2962,2992,258
TOTAL ASSETS:3,1103,1012,6612,6342,5532,5312,484
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities128157141151134146159
Accounts payable60635971557192
Accrued liabilities68958380797567
Deferred revenue111011 
Disposal group, including discontinued operation  00000
Contract with customer, liability1317139
Total current liabilities:139168153165151159168
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,8431,8251,6291,5821,5301,5161,459
Operating lease, liability161717 
Other undisclosed long-term debt and lease obligation1,8261,8091,6121,5821,5301,5161,459
Liabilities, other than long-term debt27343024282624
Deferred income tax liabilities144 
Disposal group, including discontinued operation, liabilities9888766
Other liabilities17211715212018
Other undisclosed noncurrent liabilities16171721333
Total noncurrent liabilities:1,8851,8761,6761,6271,5601,5451,485
Total liabilities:2,0242,0441,8281,7921,7111,7041,654
Stockholders' equity
Stockholders' equity attributable to parent1,0861,057833842842828831
Common stock2211111
Treasury stock, value(82)(82)(81)(81)(80)(78)(78)
Additional paid in capital3,4133,4103,1823,1813,1783,1543,150
Accumulated other comprehensive income (loss)(1)(4)(3)36109
Accumulated deficit(2,245)(2,269)(2,267)(2,261)(2,264)(2,259)(2,252)
Total stockholders' equity:1,0861,057833842842828831
TOTAL LIABILITIES AND EQUITY:3,1103,1012,6612,6342,5532,5312,484

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

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues246245238236233232227
Cost of revenue
(Cost of Goods and Services Sold)
(111)(114)(113)(0)(0)  
Gross profit:135131126236233232227
Operating expenses(41)(42)(40)(32)(31)(33)(39)
Operating income:949086204202199188
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(9)820212
Interest and debt expense(28)(27)(30)(24)(24)(24)(23)
Income from continuing operations before equity method investments, income taxes:577058180180176166
Other undisclosed loss from continuing operations before income taxes(50)(48)(46)(163)(163)(163)(163)
Income from continuing operations before income taxes:722131717133
Income tax expense (benefit)39(1)(1)2(4)(3)2
Income from continuing operations:4620112013104
Loss from discontinued operations   (0)   
Net income:4620111913104
Net loss attributable to noncontrolling interest      (2)
Net income attributable to parent:4620111913102
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:4620111913102

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income:4620111913104
Other comprehensive income (loss)3(1)(5)(3)(5)17
Comprehensive income:491961681112
Comprehensive loss, net of tax, attributable to noncontrolling interest      (4)
Comprehensive income, net of tax, attributable to parent:49196168118

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.

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