Archrock, Inc.

Archrock, Inc.verified

AROC

Price:

$20.91

Market Cap:

$3.27B

Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. It operates in two segments, Contract Operations and Aftermarket Services. The company engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining its owned fleet of natural gas compression equipment to provide natural gas compression services to customers in the oil and natural gas industry. It also offers various aftermarket services, such as sale of parts and components; and provision of operation, maintenance, overhaul, and reconfiguration services to customers who own compression equipment. The company was formerly known as Exter...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2007-08-21

Stock Exchange

NYSE

Ticker

AROC

The Current Ratio as of July 2024 (TTM) for Archrock, Inc. (AROC) is 1.26

According to Archrock, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.26. This represents a change of -10.50% compared to the average of 1.41 of the last 4 quarters.

Archrock, Inc. (AROC) Historical Current Ratio (quarterly & annually)

How has AROC Current Ratio performed in the past?

The mean historical Current Ratio of Archrock, Inc. over the last ten years is 1.74. The current 1.26 Current Ratio has changed 7.18% with respect to the historical average. Over the past ten years (40 quarters), AROC's Current Ratio was at its highest in in the June 2016 quarter at 2.70. The Current Ratio was at its lowest in in the September 2022 quarter at 1.13.

Quarterly (TTM)
Annual

Average

1.74

Median

1.68

Minimum

1.40

Maximum

2.11

Archrock, Inc. (AROC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Archrock, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.74%

Maximum Annual Current Ratio = 2.11

Minimum Annual Increase = -16.52%

Minimum Annual Current Ratio = 1.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.40-10.26%
20221.564.82%
20211.49-8.59%
20201.63-2.63%
20191.67-1.53%
20181.700.56%
20171.69-16.52%
20162.02-4.12%
20152.111.90%
20142.078.74%

Archrock, Inc. (AROC) Average Current Ratio

How has AROC Current Ratio performed in the past?

The current Current Ratio of Archrock, Inc. (AROC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.48

5-year avg

1.55

10-year avg

1.74

Archrock, Inc. (AROC) Current Ratio vs. Peers

How is AROC’s Current Ratio compared to its peers?

Archrock, Inc.’s Current Ratio is greater than ProPetro Holding Corp. (1.18), less than Select Energy Services, Inc. (1.94), less than USA Compression Partners, LP (1.43), less than Par Pacific Holdings, Inc. (1.28), less than MRC Global Inc. (1.48),

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