How did Archrock's revenue and expenses trend in Q4 2024?

Archrock's revenue and expenses in Q4 2024 showed a business-focused trend with a significant emphasis on Contract Operations. The company's revenue was $980.41 million, with the Contract Operations segment contributing the most. The Net Income reported was $59.76 million. Here's a detailed breakdown: 1. **Revenue Trend**: Archrock's revenue was concentrated in the Contract Operations segment, which generated $980.41 million in Q4 2024. This indicates a strong operational performance, especially in the Contract Operations segment. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |AROC|AROC.N|Archrock|20240101-2024|Aftermarket Services|1.77186E8|169| |AROC|AROC.N|Archrock|20240101-2024|Aftermarket Services|1.37236E8|169| |AROC|AROC.N|Archrock|20240101-2024|Aftermarket Services|9.0495E7|169| |AROC|AROC.N|Archrock|20240101-2024|Aftermarket Services|4.5437E7|169| |AROC|AROC.N|Archrock|20240101-2024|Aftermarket Services|4.5437E7|169| |AROC|AROC.N|Archrock|20240101-2024|Contract Operations|2.23051E8|169| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |AROC|AROC.N|Archrock|2024 Q1|145.87200485289657|4.0532E7|169| |AROC|AROC.N|Archrock|2024 Q2|39.63817790938223|3.4425E7|169| |AROC|AROC.N|Archrock|2024 Q3|21.57625251150431|3.7516E7|169| |AROC|AROC.N|Archrock|2024 Q4|81.07387431064784|5.9758E7|169| |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Selling, General, and Administrative Expenses YoY|Operating Expenses YoY|Operating Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---|---|---|---|---| |AROC|AROC.N|Archrock|20240331|7.45E7||11.85178512446326||||169| |AROC|AROC.N|Archrock|20240630|7.5016E7||7.382012339140269||||169| |AROC|AROC.N|Archrock|20240930|8.2436E7||16.57828122127473||||169| |AROC|AROC.N|Archrock|20241231|1.00363E8||32.57641806028903||||169| 2. **Expense Management**: The company's Operating Expenses, Research and Development Expenses, and Selling, General, and Administrative Expenses were all reported at $100.36 million. This suggests a consistent level of expenses across various categories, which is important for maintaining financial stability. 3. **Segment Performance**: The Contract Operations segment was the primary revenue generator, followed by the Aftermarket Services segment, which contributed $177.19 million and $137.24 million respectively. The smallest contribution came from the segment labeled "Other," with $46.77 million in revenue. 4. **Net Income**: The Net Income of $59.76 million reflects the company's profitability for the period. This figure is a result of the company's revenue minus its expenses, indicating a positive financial performance in Q4 2024. In conclusion, Archrock demonstrated a robust revenue trend in Q4 2024, with a strong focus on its Contract Operations segment. The company managed its expenses effectively, contributing to a solid Net Income. This performance suggests a healthy financial outlook for Archrock during the period.