Archrock (AROC) FY2016 results: revenue $807 million, down 19.1% on the year
Archrock, Inc. (AROC) reported revenue of $807 million for fiscal 2016, the year ended 31 December 2016, down 19.1% on the year before. Net income was -$55 million, and diluted earnings per share $-0.80. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2019.
Revenue
$807 million
-19.1% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
-$55 million
FY2009FY2016
Diluted EPS
-$0.80
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
807
998
959
-19.1%
Cost of revenue
n/a
n/a
1,868
Selling, general and administrative
114
132
133
-13.2%
Interest expense
83.9
108
112
-22.0%
Pre-tax income
-89.4
-106
-45.2
Income tax
-24.6
53.2
-28.1
Net income
-54.6
-133
60.9
Net margin
-6.8%
-13.3%
6.4%
Diluted EPS
-$0.80
-$1.94
$0.91
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
274
429
379
-36.1%
Capital expenditure
118
256
384
-54.1%
Free cash flow
156
173
-4.5
-9.4%
Free cash flow margin
19.4%
17.3%
-0.5%
Cash from investing
-89.5
-329
-930
Cash from financing
-183
-98.7
558
Depreciation and amortisation
209
229
212
-8.8%
Share-based compensation
9.0
10.0
9.0
-10.6%
Buybacks
1.5
4.0
7.0
-62.0%
Dividends paid
34.9
41.6
40.3
-16.0%
Dividend per share
$0.50
$0.60
$0.60
-17.1%
Diluted shares, weighted
69m
68m
66m
+0.8%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
719
734
1,710
-2.0%
Non-controlling interest
-34.0
53.3
156
Debt
1,458
1,577
2,027
-7.5%
Other liabilities
271
331
1,001
-18.0%
Total liabilities and equity
2,415
2,695
4,893
-10.4%
Fixed assets
2,079
2,268
2,372
-8.3%
Goodwill
n/a
0.0
3.7
Intangible assets
86.7
101
118
-14.0%
Cash and equivalents
3.1
1.6
0.4
+100.5%
Receivables
112
148
160
-24.4%
Inventory
93.8
129
146
-27.5%
Other assets
40.3
47.8
2,093
-15.7%
Total assets
2,415
2,695
4,893
-10.4%
10-K for the year ended 31 December 2016, filed 20 February 2019: the filing.