AROC vs TRGP
Archrock, Inc. and Targa Resources Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AROC | TRGP |
|---|---|---|
| Revenue | $1.5B | $17.0B |
| Net income | $322.3M | $1.9B |
| Gross margin | 48.6% | 38.3% |
| Net margin | 21.6% | 11.5% |
| Return on equity | 22.9% | 67.9% |
| Diluted EPS | $1.83 | $8.49 |
| Dividend / share | $0.80 | $3.75 |
| Payout ratio | 43.9% | · |
| Free cash flow | $119.6M | $584.1M |
| Equity | $1.5B | $3.1B |
| Net debt / equity | 1.62× | 5.63× |
| Current ratio | 1.54× | 0.67× |
| Revenue CAGR 5y | 11.2% | 15.6% |
| Profit CAGR 5y | · | · |
TRGP bills 11.4× the revenue of AROC, and AROC keeps more of each dollar of revenue as profit (21.6% against 11.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AROC | TRGP |
|---|---|---|
| FY2025 | $1.5B | $17.0B |
| FY2024 | $1.2B | $16.4B |
| FY2023 | $990.3M | $16.1B |
| FY2022 | $845.6M | $20.9B |
| FY2021 | $781.5M | $16.9B |
| FY2020 | $875.0M | $8.3B |
| FY2019 | $965.5M | $8.7B |
| FY2018 | $904.4M | $10.5B |
| FY2017 | $794.7M | $8.8B |
| FY2016 | $807.1M | $6.7B |
Bottom line
| Fiscal year | AROC | TRGP |
|---|---|---|
| FY2025 | $322.3M | $1.9B |
| FY2024 | $172.2M | $1.3B |
| FY2023 | $105.0M | $1.3B |
| FY2022 | $44.3M | $1.2B |
| FY2021 | $28.2M | $71.2M |
| FY2020 | $-68.4M | $-1.6B |
| FY2019 | $97.3M | $-209.2M |
| FY2018 | $21.1M | $1.6M |
| FY2017 | $19.0M | $54.0M |
| FY2016 | $-54.6M | $-187.3M |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$15,538,482,000 | TRGP |
| FY2024 | −$15,223,909,000 | TRGP |
| FY2023 | −$15,069,963,000 | TRGP |
| FY2022 | −$20,084,232,000 | TRGP |
| FY2021 | −$16,168,339,000 | TRGP |
| FY2020 | −$7,385,330,000 | TRGP |
| FY2019 | −$7,705,615,000 | TRGP |
| FY2018 | −$9,579,559,000 | TRGP |
| FY2017 | −$8,020,245,000 | TRGP |
| FY2016 | −$5,883,831,000 | TRGP |
| FY2015 | −$4,467,292,000 | TRGP |
TRGP has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +10.1 pp | AROC |
| FY2024 | +5.4 pp | AROC |
| FY2023 | +0.8 pp | AROC |
| FY2021 | +1.1 pp | AROC |
| FY2020 | +8.2 pp | AROC |
| FY2019 | +9.6 pp | AROC |
| FY2018 | +2.6 pp | AROC |
| FY2017 | +1.1 pp | AROC |
| FY2016 | −5.7 pp | TRGP |
| FY2015 | −9.8 pp | TRGP |
The higher net margin has changed hands between AROC and TRGP over this period.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AROC's net margin has been more volatile than TRGP's over the 10 comparable fiscal years — 10.4 percentage points of standard deviation against 7.6.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AROC and TRGP over these 10 fiscal years — AROC led in 8 and TRGP in 2.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TRGP's return on equity has been more volatile than AROC's over the 16 comparable fiscal years — 30.3 percentage points of standard deviation against 10.7.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AROC and TRGP over these 16 fiscal years — AROC led in 6 and TRGP in 10.
16 of 18 comparable fiscal years — a year missing data on either side is not counted.