How do Archrock, Inc. and American Water Works compare by revenue?

Archrock, Inc. reported revenue of $377.1M in Q4 2025, while American Water Works reported $1.3B in Q4 2025. American Water Works is 3.4× larger by last-quarter revenue.

Which is growing revenue faster, Archrock, Inc. or American Water Works?

Archrock, Inc.'s latest revenue grew 15.5% year-over-year, versus 5.8% for American Water Works. Archrock, Inc. is growing faster on a YoY basis.

Which has a higher net margin, Archrock, Inc. or American Water Works?

Archrock, Inc.'s net margin is 31.0% vs American Water Works's 18.7%. Archrock, Inc. has the higher bottom-line margin.

Which generates more free cash flow, Archrock, Inc. or American Water Works?

Archrock, Inc. generated $126.7M of free cash flow last quarter, versus $-385.0M for American Water Works. Free cash flow is operating cash flow minus capital expenditure — what's actually left for dividends, buybacks and debt repayment.

What is the 2-year revenue CAGR for Archrock, Inc. vs American Water Works?

Over the trailing 8 quarters, Archrock, Inc. compounded revenue at roughly 18.5% per year, versus 12.6% for American Water Works. Archrock, Inc. has the faster medium-term growth trajectory.

Where does this AROC vs AWK data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of Archrock, Inc. (AROC) and American Water Works (AWK). Click either name above to swap in a different company.

American Water Works is the larger business by last-quarter revenue ($1.3B vs $377.1M, roughly 3.4× Archrock, Inc.). Archrock, Inc. runs the higher net margin — 31.0% vs 18.7%, a 12.2% gap on every dollar of revenue. On growth, Archrock, Inc. posted the faster year-over-year revenue change (15.5% vs 5.8%). Archrock, Inc. produced more free cash flow last quarter ($126.7M vs $-385.0M). Over the past eight quarters, Archrock, Inc.'s revenue compounded faster (18.5% CAGR vs 12.6%).

Archrock, Inc.AROCEarnings & Financial Report

NYSE · Utilities · Natural Gas Transmission

Archrock, Inc. is a leading provider of natural gas compression services and equipment solutions for the North American oil and gas sector. Its core offerings include compression system rental, maintenance, aftermarket support, and sales, serving upstream production, midstream transportation and natural gas processing segments.

American Water WorksAWKEarnings & Financial Report

NYSE · Utilities · Regulated Water

American Water Works Company, Inc., through its subsidiaries, provides water and wastewater services in the United States. It offers water and wastewater services to approximately 1,700 communities in 14 states serving approximately 3.4 million active customers. The company serves residential customers; commercial customers, including food and beverage providers, commercial property developers and proprietors, and energy suppliers; fire service and private fire customers; industrial customers...

AROC vs AWK — Head-to-Head

Bigger by revenue

AWK

3.4× larger

$1.3B

$377.1M

Growing faster (revenue YoY)

AROC

+9.7% gap

15.5%

5.8%

Higher net margin

AROC

12.2% more per $

31.0%

18.7%

More free cash flow

AROC

$511.7M more FCF

$126.7M

$-385.0M

Faster 2-yr revenue CAGR

AROC

Annualised

18.5%

12.6%

Income Statement — Q4 2025 vs Q4 2025

Metric	AROC	AWK
Revenue	$377.1M	$1.3B
Net Profit	$116.8M	$238.0M
Gross Margin	53.0%	—
Operating Margin	39.4%	31.9%
Net Margin	31.0%	18.7%
Revenue YoY	15.5%	5.8%
Net Profit YoY	95.4%	-0.4%
EPS (diluted)	$0.67	$1.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue

AROC

AWK

Q4 25	$377.1M	$1.3B
Q3 25	$382.4M	$1.5B
Q2 25	$383.2M	$1.3B
Q1 25	$347.2M	$1.1B
Q4 24	$326.4M	$1.2B
Q3 24	$292.2M	$1.3B
Q2 24	$270.5M	$1.1B
Q1 24	$268.5M	$1.0B

Net Profit

AROC

AWK

Q4 25	$116.8M	$238.0M
Q3 25	$71.2M	$379.0M
Q2 25	$63.4M	$289.0M
Q1 25	$70.8M	$205.0M
Q4 24	$59.8M	$239.0M
Q3 24	$37.5M	$350.0M
Q2 24	$34.4M	$277.0M
Q1 24	$40.5M	$185.0M

Gross Margin

AROC

AWK

Q4 25	53.0%	—
Q3 25	48.5%	—
Q2 25	45.4%	—
Q1 25	47.4%	—
Q4 24	46.3%	—
Q3 24	44.4%	—
Q2 24	41.5%	—
Q1 24	42.1%	—

Operating Margin

AROC

AWK

Q4 25	39.4%	31.9%
Q3 25	25.3%	42.2%
Q2 25	22.5%	38.4%
Q1 25	26.5%	32.7%
Q4 24	24.0%	33.3%
Q3 24	18.1%	40.9%
Q2 24	17.6%	39.4%
Q1 24	20.0%	32.5%

Net Margin

AROC

AWK

Q4 25	31.0%	18.7%
Q3 25	18.6%	26.1%
Q2 25	16.6%	22.7%
Q1 25	20.4%	18.1%
Q4 24	18.3%	19.9%
Q3 24	12.8%	26.4%
Q2 24	12.7%	24.3%
Q1 24	15.1%	18.4%

EPS (diluted)

AROC

AWK

Q4 25	$0.67	$1.22
Q3 25	$0.40	$1.94
Q2 25	$0.36	$1.48
Q1 25	$0.40	$1.05
Q4 24	$0.35	$1.22
Q3 24	$0.22	$1.80
Q2 24	$0.22	$1.42
Q1 24	$0.26	$0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric	AROC	AWK
Cash + ST InvestmentsLiquidity on hand	$1.6M	$98.0M
Total DebtLower is stronger	—	$12.8B
Stockholders' EquityBook value	$1.5B	$10.8B
Total Assets	$4.3B	$35.4B
Debt / EquityLower = less leverage	—	1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

AROC

AWK

Q4 25	$1.6M	$98.0M
Q3 25	$4.1M	$166.0M
Q2 25	$5.9M	$94.0M
Q1 25	$4.8M	$114.0M
Q4 24	$4.4M	$96.0M
Q3 24	$3.7M	$127.0M
Q2 24	$919.0K	$48.0M
Q1 24	$1.2M	$584.0M

Total Debt

AROC

AWK

Q4 25	—	$12.8B
Q3 25	—	$13.0B
Q2 25	—	$12.3B
Q1 25	—	$13.3B
Q4 24	—	$12.5B
Q3 24	—	$12.6B
Q2 24	—	$12.6B
Q1 24	—	$12.6B

Stockholders' Equity

AROC

AWK

Q4 25	$1.5B	$10.8B
Q3 25	$1.4B	$10.9B
Q2 25	$1.4B	$10.7B
Q1 25	$1.3B	$10.5B
Q4 24	$1.3B	$10.3B
Q3 24	$1.3B	$10.4B
Q2 24	$894.5M	$10.2B
Q1 24	$882.1M	$10.0B

Total Assets

AROC

AWK

Q4 25	$4.3B	$35.4B
Q3 25	$4.4B	$34.7B
Q2 25	$4.4B	$33.9B
Q1 25	$4.0B	$33.2B
Q4 24	$3.8B	$32.8B
Q3 24	$3.8B	$31.8B
Q2 24	$2.7B	$31.2B
Q1 24	$2.7B	$31.1B

Debt / Equity

AROC

AWK

Q4 25	—	1.18×
Q3 25	—	1.19×
Q2 25	—	1.15×
Q1 25	—	1.26×
Q4 24	—	1.21×
Q3 24	—	1.21×
Q2 24	—	1.24×
Q1 24	—	1.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric	AROC	AWK
Operating Cash FlowLast quarter	$214.5M	$663.0M
Free Cash FlowOCF − Capex	$126.7M	$-385.0M
FCF MarginFCF / Revenue	33.6%	-30.3%
Capex IntensityCapex / Revenue	23.3%	82.5%
Cash ConversionOCF / Net Profit	1.84×	2.79×
TTM Free Cash FlowTrailing 4 quarters	$119.6M	$-1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow

AROC

AWK

Q4 25	$214.5M	$663.0M
Q3 25	$164.5M	$764.0M
Q2 25	$127.5M	$301.0M
Q1 25	$115.6M	$331.0M
Q4 24	$124.3M	$639.0M
Q3 24	$96.9M	$679.0M
Q2 24	$70.7M	$345.0M
Q1 24	$137.7M	$382.0M

Free Cash Flow

AROC

AWK

Q4 25	$126.7M	$-385.0M
Q3 25	$29.5M	$-33.0M
Q2 25	$16.0M	$-432.0M
Q1 25	$-52.5M	$-217.0M
Q4 24	$26.4M	$-255.0M
Q3 24	$26.9M	$-4.0M
Q2 24	$-20.6M	$-325.0M
Q1 24	$37.9M	$-227.0M

FCF Margin

AROC

AWK

Q4 25	33.6%	-30.3%
Q3 25	7.7%	-2.3%
Q2 25	4.2%	-34.0%
Q1 25	-15.1%	-19.1%
Q4 24	8.1%	-21.2%
Q3 24	9.2%	-0.3%
Q2 24	-7.6%	-28.5%
Q1 24	14.1%	-22.6%

Capex Intensity

AROC

AWK

Q4 25	23.3%	82.5%
Q3 25	35.3%	54.8%
Q2 25	29.1%	57.6%
Q1 25	48.4%	48.3%
Q4 24	30.0%	74.4%
Q3 24	24.0%	51.4%
Q2 24	33.7%	58.8%
Q1 24	37.2%	60.7%

Cash Conversion

AROC

AWK

Q4 25	1.84×	2.79×
Q3 25	2.31×	2.02×
Q2 25	2.01×	1.04×
Q1 25	1.63×	1.61×
Q4 24	2.08×	2.67×
Q3 24	2.58×	1.94×
Q2 24	2.05×	1.25×
Q1 24	3.40×	2.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AROC

Horsepower Group Three	$112.6M	30%
Horsepower Group Two	$108.5M	29%
Horsepower Group One	$105.9M	28%
Services	$32.9M	9%
Over Counter Parts And Component Sales	$17.0M	5%
Transferred At Point In Time	$1.4M	0%