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Side-by-side financial comparison of Archrock, Inc. (AROC) and Medpace Holdings, Inc. (MEDP). Click either name above to swap in a different company.

Medpace Holdings, Inc. is the larger business by last-quarter revenue ($708.5M vs $377.1M, roughly 1.9× Archrock, Inc.). Archrock, Inc. runs the higher net margin — 31.0% vs 19.1%, a 11.9% gap on every dollar of revenue. On growth, Medpace Holdings, Inc. posted the faster year-over-year revenue change (32.0% vs 15.5%). Medpace Holdings, Inc. produced more free cash flow last quarter ($188.1M vs $126.7M). Over the past eight quarters, Archrock, Inc.'s revenue compounded faster (18.5% CAGR vs 17.7%).

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.

Medpace Holdings, Inc. is a global clinical research organization (CRO) based in Cincinnati, Ohio, employing approximately 6,000 people. Operating under a full-service model, the company also offers global central laboratory, imaging core laboratory, and bioanalytical laboratory services, as well as a Phase I unit located on its headquarters and clinical research campus in Cincinnati, Ohio.

AROC vs MEDP — Head-to-Head

Bigger by revenue
MEDP
MEDP
1.9× larger
MEDP
$708.5M
$377.1M
AROC
Growing faster (revenue YoY)
MEDP
MEDP
+16.5% gap
MEDP
32.0%
15.5%
AROC
Higher net margin
AROC
AROC
11.9% more per $
AROC
31.0%
19.1%
MEDP
More free cash flow
MEDP
MEDP
$61.4M more FCF
MEDP
$188.1M
$126.7M
AROC
Faster 2-yr revenue CAGR
AROC
AROC
Annualised
AROC
18.5%
17.7%
MEDP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AROC
AROC
MEDP
MEDP
Revenue
$377.1M
$708.5M
Net Profit
$116.8M
$135.1M
Gross Margin
53.0%
Operating Margin
39.4%
21.6%
Net Margin
31.0%
19.1%
Revenue YoY
15.5%
32.0%
Net Profit YoY
95.4%
15.5%
EPS (diluted)
$0.67
$4.65

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
AROC
MEDP
MEDP
Q4 25
$377.1M
$708.5M
Q3 25
$382.4M
$659.9M
Q2 25
$383.2M
$603.3M
Q1 25
$347.2M
$558.6M
Q4 24
$326.4M
$536.6M
Q3 24
$292.2M
$533.3M
Q2 24
$270.5M
$528.1M
Q1 24
$268.5M
$511.0M
Net Profit
AROC
AROC
MEDP
MEDP
Q4 25
$116.8M
$135.1M
Q3 25
$71.2M
$111.1M
Q2 25
$63.4M
$90.3M
Q1 25
$70.8M
$114.6M
Q4 24
$59.8M
$117.0M
Q3 24
$37.5M
$96.4M
Q2 24
$34.4M
$88.4M
Q1 24
$40.5M
$102.6M
Gross Margin
AROC
AROC
MEDP
MEDP
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
AROC
MEDP
MEDP
Q4 25
39.4%
21.6%
Q3 25
25.3%
21.5%
Q2 25
22.5%
20.9%
Q1 25
26.5%
20.3%
Q4 24
24.0%
23.4%
Q3 24
18.1%
21.1%
Q2 24
17.6%
19.9%
Q1 24
20.0%
20.4%
Net Margin
AROC
AROC
MEDP
MEDP
Q4 25
31.0%
19.1%
Q3 25
18.6%
16.8%
Q2 25
16.6%
15.0%
Q1 25
20.4%
20.5%
Q4 24
18.3%
21.8%
Q3 24
12.8%
18.1%
Q2 24
12.7%
16.7%
Q1 24
15.1%
20.1%
EPS (diluted)
AROC
AROC
MEDP
MEDP
Q4 25
$0.67
$4.65
Q3 25
$0.40
$3.86
Q2 25
$0.36
$3.10
Q1 25
$0.40
$3.67
Q4 24
$0.35
$3.67
Q3 24
$0.22
$3.01
Q2 24
$0.22
$2.75
Q1 24
$0.26
$3.20

Balance Sheet & Financial Strength

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

Metric
AROC
AROC
MEDP
MEDP
Cash + ST InvestmentsLiquidity on hand
$1.6M
$497.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$459.1M
Total Assets
$4.3B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AROC
AROC
MEDP
MEDP
Q4 25
$1.6M
$497.0M
Q3 25
$4.1M
$285.4M
Q2 25
$5.9M
$46.3M
Q1 25
$4.8M
$441.4M
Q4 24
$4.4M
$669.4M
Q3 24
$3.7M
$656.9M
Q2 24
$919.0K
$510.9M
Q1 24
$1.2M
$407.0M
Stockholders' Equity
AROC
AROC
MEDP
MEDP
Q4 25
$1.5B
$459.1M
Q3 25
$1.4B
$293.6M
Q2 25
$1.4B
$172.4M
Q1 25
$1.3B
$593.6M
Q4 24
$1.3B
$825.5M
Q3 24
$1.3B
$881.4M
Q2 24
$894.5M
$763.6M
Q1 24
$882.1M
$671.5M
Total Assets
AROC
AROC
MEDP
MEDP
Q4 25
$4.3B
$2.0B
Q3 25
$4.4B
$1.8B
Q2 25
$4.4B
$1.6B
Q1 25
$4.0B
$1.9B
Q4 24
$3.8B
$2.1B
Q3 24
$3.8B
$2.1B
Q2 24
$2.7B
$1.9B
Q1 24
$2.7B
$1.8B

Cash Flow & Capital Efficiency

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

Metric
AROC
AROC
MEDP
MEDP
Operating Cash FlowLast quarter
$214.5M
$192.7M
Free Cash FlowOCF − Capex
$126.7M
$188.1M
FCF MarginFCF / Revenue
33.6%
26.6%
Capex IntensityCapex / Revenue
23.3%
0.6%
Cash ConversionOCF / Net Profit
1.84×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$119.6M
$681.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AROC
AROC
MEDP
MEDP
Q4 25
$214.5M
$192.7M
Q3 25
$164.5M
$246.2M
Q2 25
$127.5M
$148.5M
Q1 25
$115.6M
$125.8M
Q4 24
$124.3M
$190.7M
Q3 24
$96.9M
$149.1M
Q2 24
$70.7M
$116.4M
Q1 24
$137.7M
$152.7M
Free Cash Flow
AROC
AROC
MEDP
MEDP
Q4 25
$126.7M
$188.1M
Q3 25
$29.5M
$235.5M
Q2 25
$16.0M
$142.4M
Q1 25
$-52.5M
$115.8M
Q4 24
$26.4M
$183.0M
Q3 24
$26.9M
$138.5M
Q2 24
$-20.6M
$103.5M
Q1 24
$37.9M
$147.2M
FCF Margin
AROC
AROC
MEDP
MEDP
Q4 25
33.6%
26.6%
Q3 25
7.7%
35.7%
Q2 25
4.2%
23.6%
Q1 25
-15.1%
20.7%
Q4 24
8.1%
34.1%
Q3 24
9.2%
26.0%
Q2 24
-7.6%
19.6%
Q1 24
14.1%
28.8%
Capex Intensity
AROC
AROC
MEDP
MEDP
Q4 25
23.3%
0.6%
Q3 25
35.3%
1.6%
Q2 25
29.1%
1.0%
Q1 25
48.4%
1.8%
Q4 24
30.0%
1.4%
Q3 24
24.0%
2.0%
Q2 24
33.7%
2.4%
Q1 24
37.2%
1.1%
Cash Conversion
AROC
AROC
MEDP
MEDP
Q4 25
1.84×
1.43×
Q3 25
2.31×
2.22×
Q2 25
2.01×
1.65×
Q1 25
1.63×
1.10×
Q4 24
2.08×
1.63×
Q3 24
2.58×
1.55×
Q2 24
2.05×
1.32×
Q1 24
3.40×
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AROC
AROC

Horsepower Group Three$112.6M30%
Horsepower Group Two$108.5M29%
Horsepower Group One$105.9M28%
Services$32.9M9%
Over Counter Parts And Component Sales$17.0M5%
Transferred At Point In Time$1.4M0%

MEDP
MEDP

Metabolic$249.8M35%
Oncology$195.9M28%
Other$88.3M12%
Central Nervous System$73.2M10%
Cardiology$63.0M9%
Antiviral And Anti Infective$38.3M5%
Related Party$10.3M1%

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