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Stocks Comparison

Archrock vs Western Midstream Partners: revenue, profit, margins and growth compared

Archrock brought in $1.5B of revenue in fiscal 2025, Western Midstream Partners $3.8B in fiscal 2025. Revenue changed by +28.7% at Archrock and +6.6% at Western Midstream Partners on the year before, so Archrock grew faster. Archrock kept 21.6% of its revenue as net profit, Western Midstream Partners 30.7%. Free cash flow was $119.6M at Archrock and $1.5B at Western Midstream Partners.

Side by side, latest fiscal year

AROCWES
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.5B$3.8B
Revenue growth+28.7%+6.6%
Net income$322.3M$1.2B
Net margin21.6%30.7%
Free cash flow$119.6M$1.5B
Free cash flow margin8.0%38.9%
Earnings per share (diluted)$1.83n/a
Cash$1.6M$819.5M
Debt$2.4B$8.6B
Price to earnings16.6n/a
Market value$5.3B$18.8B
Dividend yield2.63%n/a
Rank by revenue in sector#67 of 109 · Utilities#45 of 109 · Utilities

Over the years

Revenue
AROC FY2018: $904.4MAROC FY2019: $965.5MAROC FY2020: $875MAROC FY2021: $781.5MAROC FY2022: $845.6MAROC FY2023: $990.3MAROC FY2024: $1.2BAROC FY2025: $1.5BWES FY2018: $2.3BWES FY2019: $2.7BWES FY2020: $2.8BWES FY2021: $2.9BWES FY2022: $3.3BWES FY2023: $3.1BWES FY2024: $3.6BWES FY2025: $3.8BFY18FY19FY20FY21FY22FY23FY24FY25
AROC $1.5BWES $3.8B
Net income
AROC FY2018: $21.1MAROC FY2019: $97.3MAROC FY2020: -$68.4MAROC FY2021: $28.2MAROC FY2022: $44.3MAROC FY2023: $105MAROC FY2024: $172.2MAROC FY2025: $322.3MWES FY2018: $551.6MWES FY2019: $697.2MWES FY2020: $527MWES FY2021: $916.3MWES FY2022: $1.2BWES FY2023: $1BWES FY2024: $1.6BWES FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
AROC $322.3MWES $1.2B
Net margin
AROC FY2018: 2.3%AROC FY2019: 10.1%AROC FY2020: -7.8%AROC FY2021: 3.6%AROC FY2022: 5.2%AROC FY2023: 10.6%AROC FY2024: 14.9%AROC FY2025: 21.6%WES FY2018: 23.9%WES FY2019: 25.4%WES FY2020: 19.0%WES FY2021: 31.8%WES FY2022: 37.4%WES FY2023: 32.9%WES FY2024: 43.6%WES FY2025: 30.7%FY18FY19FY20FY21FY22FY23FY24FY25
AROC 21.6%WES 30.7%
Revenue growth
AROC FY2019: +6.7%AROC FY2020: -9.4%AROC FY2021: -10.7%AROC FY2022: +8.2%AROC FY2023: +17.1%AROC FY2024: +16.9%AROC FY2025: +28.7%WES FY2019: +19.1%WES FY2020: +1.0%WES FY2021: +3.8%WES FY2022: +13.0%WES FY2023: -4.5%WES FY2024: +16.1%WES FY2025: +6.6%FY19FY20FY21FY22FY23FY24FY25
AROC +28.7%WES +6.6%
Free cash flow
AROC FY2018: -$93.2MAROC FY2019: -$95.1MAROC FY2020: $195MAROC FY2021: $139.5MAROC FY2022: -$36.4MAROC FY2023: $11.6MAROC FY2024: $70.6MAROC FY2025: $119.6MWES FY2018: -$600.4MWES FY2019: $134.8MWES FY2020: $1.2BWES FY2021: $1.5BWES FY2022: $1.2BWES FY2023: $926.3MWES FY2024: $1.3BWES FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
AROC $119.6MWES $1.5B

Fiscal years as each company reports them; the two may end in different months.

Questions about Archrock and Western Midstream Partners

Which is bigger by revenue, Archrock or Western Midstream Partners?

Western Midstream Partners is bigger by revenue: $3.8B in fiscal 2025, against $1.5B for Archrock in fiscal 2025.

Which keeps more of its revenue as profit, Archrock or Western Midstream Partners?

Archrock had a net margin of 21.6% in fiscal 2025; Western Midstream Partners had 30.7% in fiscal 2025.

Which grew revenue faster, Archrock or Western Midstream Partners?

In their latest fiscal years revenue changed by +28.7% at Archrock and +6.6% at Western Midstream Partners.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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