Usa Compression Partners L.P. (USAC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.33	$0.33	0.0%	—	$342.1M	—
Q1 26	$0.36	$0.32	-11.1%	—	$331.3M	—
Q4 25	$0.31	$0.28	-9.7%	—	$252.5M	—
Q3 25	$0.26	$0.29	+11.5%	—	$250.3M	—
Q2 25	$0.24	$0.25	+4.2%	—	$250.1M	—
Q1 25	$0.24	$0.19	-20.8%	—	$245.2M	—
Q4 24	$0.27	$0.23	-14.8%	—	$245.9M	—
Q3 24	$0.21	$0.18	-14.3%	—	$240M	—
Q2 24	$0.15	$0.2	+33.3%	—	$235.3M	—
Q1 24	$0.1	$0.16	+60.0%	—	$229.3M	—
Q4 23	$0.1	$0.02	-80.0%	—	$225M	—
Q3 23	$0.08	$0.09	+12.5%	—	$217.1M	—
Q2 23	$0.05	$0.11	+120.0%	—	$206.9M	—
Q1 23	$0.02	-$0.01	-150.0%	—	$197.1M	—
Q4 22	$0.02	-$0.04	-300.0%	—	$190.1M	—
Q3 22	-$0.12	-$0.03	+75.0%	—	$179.6M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.85	—	—	$998.1M	—
FY24	—	$0.72	—	—	$950.4M	—
FY23	—	$0.21	—	—	$846.2M	—
FY22	—	-$0.19	—	—	$704.6M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$263.9M	$276.7M	$584.4M	$698.4M	$667.7M	$632.6M	$704.6M	$846.2M	$950.4M	$998.1M
YoY change	-2.44%	+4.82%	+111.2%	+19.5%	-4.39%	-5.25%	+11.4%	+20.1%	+12.3%	+5.01%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	263.9M	276.7M	584.4M	698.4M	667.7M	632.6M	704.6M	846.2M	950.4M	998.1M
Cost of revenue	268M	291.8M	428.4M	458.8M	444.9M	433.2M	471M	530.8M	577.5M	613.6M
Gross profit	-4.1M	-15.1M	155.9M	239.6M	222.8M	199.5M	233.6M	315.4M	373M	384.5M
Gross margin	-1.55%	-5.45%	26.7%	34.3%	33.4%	31.5%	33.2%	37.3%	39.2%	38.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	22.7M	24.9M	69M	64.4M	60M	56.1M	61.3M	72.7M	72.7M	66.3M
Operating expenses	22.7M	24.9M	69M	64.4M	60M	56.1M	61.3M	72.7M	72.7M	66.3M
Operating income	-26.8M	-40M	86.9M	175.2M	162.8M	143.4M	172.3M	242.7M	300.3M	318.1M
Operating margin	-10.2%	-14.5%	14.9%	25.1%	24.4%	22.7%	24.5%	28.7%	31.6%	31.9%
Non-operating income, net	-273K	-222.9M	-21.6M	-6.8M	-627.6M	-2.4M	-2.9M	-3.1M	-5M	-14.5M
Pretax income	-27.1M	-262.9M	-13M	41.3M	-593.4M	11.2M	31.3M	69.6M	101.8M	116.2M
Income tax	-163K	1.8M	-2.5M	2.2M	1.3M	874K	1M	1.4M	2.2M	4.9M
Net income	-26.9M	-264.7M	-10.6M	39.1M	-594.7M	10.3M	30.3M	68.3M	99.6M	111.3M
Net margin	-10.2%	-95.7%	-1.81%	5.6%	-89.1%	1.62%	4.3%	8.07%	10.5%	11.2%
EBITDA	128.1M	126.3M	300.7M	406.7M	401.8M	382.3M	409.1M	488.9M	565.2M	603M
EPS	0.27	0.16	-0.43	-0.02	-6.65	-0.4	-0.19	0.21	0.72	0.85
Diluted EPS	0.27	0.16	-0.43	-0.02	-6.65	-0.4	-0.19	0.2	0.72	0.85

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	217.1M	225M	229.3M	235.3M	240M	245.9M	245.2M	250.1M	250.3M	252.5M	331.3M	342.1M
Cost of revenue	139M	135.7M	138.3M	143.5M	149.1M	146.6M	152M	157.3M	148.2M	156.1M	205M	213.9M
Gross profit	78.1M	89.4M	91M	91.8M	90.9M	99.3M	93.2M	92.8M	102.1M	96.4M	126.2M	128.3M
Gross margin	36%	39.7%	39.7%	39%	37.9%	40.4%	38%	37.1%	40.8%	38.2%	38.1%	37.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	20.1M	18.6M	22.8M	14.2M	15.4M	20.3M	18.9M	12.9M	16.7M	17.9M	35.4M	28.9M
Operating expenses	20.1M	18.6M	22.8M	14.2M	15.4M	20.3M	18.9M	12.9M	16.7M	17.9M	35.4M	28.9M
Operating income	58M	70.8M	68.1M	77.7M	75.6M	79M	74.4M	79.9M	85.4M	78.5M	90.9M	99.4M
Operating margin	26.7%	31.5%	29.7%	33%	31.5%	32.1%	30.3%	31.9%	34.1%	31.1%	27.4%	29%
Non-operating income, net	6.4M	-12.8M	2.6M	2.9M	-6.1M	-4.4M	-4.9M	-3.3M	-1.4M	-4.9M	560K	1M
Pretax income	21.2M	13.2M	24M	31.7M	20.1M	25.9M	22M	28.9M	36.9M	28.3M	42.5M	51.1M
Income tax	255K	355K	472K	463K	793K	503K	1.5M	391K	2.4M	536K	4.1M	5.5M
Net income	20.9M	12.8M	23.6M	31.2M	19.3M	25.4M	20.5M	28.6M	34.5M	27.8M	38.3M	45.7M
Net margin	9.63%	5.71%	10.3%	13.3%	8.05%	10.3%	8.36%	11.4%	13.8%	11%	11.6%	13.3%
EBITDA	122.1M	133.3M	131.4M	143M	142.8M	147.9M	144.8M	150.7M	156.6M	150.9M	178M	188.5M
EPS	0.09	0.02	0.19	0.23	0.13	0.18	0.14	0.22	0.27	0.22	0.27	0.31
Diluted EPS	0.09	0.02	0.19	0.23	0.13	0.18	0.14	0.22	0.26	0.22	0.27	0.31

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	1.3B	1.7B	1.9B	2.3B	—	2.8B	3.7B
Enterprise value	—	—	—	—	3.3B	3.7B	4B	4.6B	—	5.3B	6.6B
Shares outstanding	54.8M	61.6M	109.3M	96.6M	96.8M	97.1M	97.8M	98.6M	113.4M	120.8M	120.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	164.8	63	33	—	24.9	23.9
P/S	—	—	—	—	1.97	2.68	2.71	2.66	—	2.78	3.15
P/B	—	—	—	—	1.62	2.93	5.29	12.3	—	-24.7	12.9
EV/EBITDA	—	—	—	—	8.12	9.64	9.86	9.41	—	8.79	9.73
EV/Sales	—	—	—	—	4.89	5.83	5.72	5.44	—	5.31	5.65
Earnings yield	—	—	—	—	—	0.61%	1.59%	3.03%	—	4.01%	4.19%
FCF yield	—	—	—	—	14%	13%	6.62%	1.48%	—	9.97%	7.74%
PEG	—	—	—	—	—	—	—	—	—	—	0.58

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	-1.55%	-5.45%	26.7%	34.3%	33.4%	31.5%	33.2%	37.3%	39.2%	38.5%	37.5%
Operating margin	-10.2%	-14.5%	14.9%	25.1%	24.4%	22.7%	24.5%	28.7%	31.6%	31.9%	29.4%
Net margin	-10.2%	-95.7%	-1.81%	5.6%	-89.1%	1.62%	4.3%	8.07%	10.5%	11.2%	12.4%
ROE	-3.69%	-15.9%	-0.57%	2.36%	-73%	1.78%	8.4%	37.3%	358.7%	-98.9%	122.4%
ROA	-1.83%	-15.4%	-0.28%	1.05%	-20.2%	0.37%	1.14%	2.49%	3.63%	4.25%	7.15%
ROIC	-1.9%	-1.64%	2.4%	4.7%	5.89%	5.14%	6.71%	9.39%	11.6%	12.6%	10.1%
Return on tangible assets	-2.15%	-32.5%	-0.6%	2.22%	-26.1%	0.48%	1.43%	3.04%	4.3%	4.96%	4.72%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.29	1.58	1.46	1.22	1.17	1.09	1.07	1.21	1.23	1.27	1.34
Quick ratio	0.77	0.87	0.86	0.73	0.67	0.64	0.53	0.6	0.53	0.55	0.68
Debt / equity	0.94	0.47	0.95	1.13	2.39	3.44	5.88	12.8	90.6	-22.5	10.3
Debt / assets	0.47	0.46	0.47	0.5	0.66	0.72	0.8	0.86	0.92	0.97	0.8
Net debt / EBITDA	5.35	6.17	5.85	4.6	4.85	5.21	5.19	4.81	4.45	4.19	4.37
Interest coverage	—	—	0.83	1.32	-3.61	1.09	1.23	1.41	1.53	1.62	1.83
Effective tax rate	0%	0%	0%	5.29%	0%	7.84%	3.24%	1.96%	2.19%	4.19%	7.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.82	4.49	5.35	7.23	6.9	6.52	7.21	8.58	8.38	8.27	8.81
EPS (basic)	0.27	0.16	-0.43	-0.02	-6.65	-0.4	-0.19	0.21	0.72	0.85	0.85
EPS (diluted)	0.27	0.16	-0.43	-0.02	-6.65	-0.4	-0.19	0.2	0.72	0.85	1.07
Book value per share	13.3	27	17	17.2	8.42	5.96	3.69	1.86	0.24	-0.93	1.98
FCF per share	1.25	-0.35	-0.37	1.34	1.9	2.27	1.29	0.34	1.2	2.29	2.13
Cash per share	0	0.07	0	0	0	0	0	0	0	0.07	0.07
Capex per share	0.45	0.24	0.07	0.23	0.03	0.05	0.04	0.05	0.01	0.97	0.94

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	9.4%	5.36%	1.28%	3.22%	0.4%	0.71%	0.52%	0.63%	0.14%	11.8%	11.7%
Capex / operating cash flow	16%	-18.8%	4.96%	8.77%	-0.81%	1.63%	1.23%	2.06%	0.45%	29.7%	30.7%
Payout ratio	0%	0%	-1.6K%	620.8%	-42.6%	2.5K%	845%	377.6%	266.4%	239.7%	196.3%
Dividend yield	—	—	—	—	19.2%	15.1%	13.4%	11.4%	—	9.61%	8.36%

Yield

8.36%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.525

ex-dividend Jul 27, 2026

Payout ratio

196%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 27, 2026	$0.525
Apr 27, 2026	$0.525
Jan 26, 2026	$0.525
Oct 27, 2025	$0.525
Jul 28, 2025

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$217.1M	$225M	$229.3M	$235.3M	$240M	$245.9M	$245.2M	$250.1M	$250.3M	$252.5M	$331.3M	$342.1M
YoY change	+20.9%	+18.4%	+16.3%	+13.7%	+10.5%	+9.26%	+6.96%	+6.29%	+4.29%	+2.68%	+35.1%	+36.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	65K	4M	99K	10K	2K	0	35K	11K	14K	8.6M
Receivables	32.2M	32.7M	75.6M	80.3M	63.7M	68.2M	83.8M	95.4M	88.5M	80.8M
Inventory	29.6M	33.2M	89M	91.9M	84.6M	85.8M	93.8M	114.7M	133.9M	134.5M
Total current assets	73M	74.2M	217.7M	230.9M	199.6M	205M	186.4M	226.4M	235M	236.6M
Property, plant & equipment	1.3B	1.2B	2.5B	2.5B	2.4B	2.2B	2.2B	2.3B	2.3B	2.2B
Goodwill & intangibles	222.1M	903.3M	2B	2B	667.6M	608.8M	550.1M	491.3M	432.5M	373.8M
Total assets	1.5B	1.7B	3.8B	3.7B	2.9B	2.8B	2.7B	2.7B	2.7B	2.6B
Accounts payable	13.1M	1.4M	24.2M	21.7M	13.5M	22.5M	35.3M	39.8M	27.2M	20.1M
Short-term debt	—	—	—	—	—	—	—	—	—	—
Total current liabilities	56.4M	47.1M	149.6M	189.4M	170.3M	187.6M	173.7M	187.5M	190.7M	186.9M
Long-term debt	685.4M	782.9M	1.8B	1.9B	1.9B	2B	2.1B	2.4B	2.5B	2.5B
Total liabilities	742.9M	54.1M	1.9B	2.1B	2.1B	2.2B	2.3B	2.6B	2.7B	2.7B
Shareholders' equity	729.5M	1.7B	1.9B	1.7B	815M	578.4M	361M	183M	27.8M	-112.5M
Total debt	685.4M	782.9M	1.8B	1.9B	1.9B	2B	2.1B	2.4B	2.5B	2.5B
Net debt	685.3M	778.9M	1.8B	1.9B	1.9B	2B	2.1B	2.4B	2.5B	2.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	6K	11K	8K	9K	79K	14K	2K	2K	0	8.6M	14.5M	9.5M
Receivables	96.9M	95.4M	100.7M	106M	99.1M	88.5M	95.3M	91.8M	100.9M	80.8M	151.1M	132.5M
Inventory	106.5M	114.7M	129.3M	131.3M	146.8M	133.9M	134.3M	135.6M	137.4M	134.5M	154.4M	159.4M
Total current assets	223.7M	226.4M	248.8M	255.8M	262.4M	235M	243.3M	245M	251.6M	236.6M	346.8M	323M
Property, plant & equipment	2.2B	2.3B	2.3B	2.3B	2.3B	2.3B	2.2B	2.2B	2.2B	2.2B	3B	3B
Goodwill & intangibles	506M	491.3M	476.6M	461.9M	447.2M	432.5M	417.9M	403.2M	388.5M	373.8M	604M	588.4M
Total assets	2.7B	2.7B	2.8B	2.8B	2.8B	2.7B	2.7B	2.7B	2.7B	2.6B	3.7B	3.7B
Accounts payable	37M	39.8M	34.3M	35.7M	31.6M	27.2M	30.1M	27.4M	24.7M	20.1M	39.6M	38M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	177.7M	187.5M	173.7M	204.6M	183.1M	190.7M	166M	192.9M	184.8M	186.9M	224.2M	240.1M
Long-term debt	2.3B	2.4B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	3B	3B
Total liabilities	2.5B	2.6B	2.7B	2.7B	2.7B	2.7B	2.7B	2.7B	2.7B	2.7B	3.4B	3.4B
Shareholders' equity	226.7M	183M	141.8M	107.6M	61.6M	27.8M	-11.9M	-48M	-76.8M	-112.5M	316.7M	287.1M
Total debt	2.3B	2.4B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	3B	3B
Net debt	2.3B	2.4B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B	3B	2.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-26.9M	-264.7M	-10.6M	39.1M	-594.7M	10.3M	30.3M	68.3M	99.6M	111.3M
Depreciation & amortization	155.1M	166.6M	213.7M	231.4M	239M	238.8M	236.7M	246.1M	264.8M	284.8M
Stock-based compensation	3.5M	4M	11.7M	10.8M	8.4M	15.5M	15.9M	22.2M	16.6M	4.3M
Change in working capital	21M	11.4M	-66.9M	-34M	11.3M	65K	9.4M	-85.1M	-95.8M	-39M
Operating cash flow	154.7M	-78.7M	150.4M	256.4M	-327.2M	274.4M	299.4M	258.6M	294.4M	394.3M
Capital expenditure	24.8M	14.8M	7.5M	22.5M	2.6M	4.5M	3.7M	5.3M	1.3M	-117.3M
Investing cash flow	24.9M	14.8M	-513.1M	26.7M	4M	6M	4.3M	5.9M	2.8M	-117.2M
Dividends paid	0	0	-166.6M	-242.9M	-253.4M	-255.1M	-256.2M	-257.8M	-265.2M	-266.9M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	210.2M	-3.7M	86.7M	-1.7B	-893.4M	-180.5M	2M	-896.1M	-134M	-262.2M
Net change in cash	389.8M	-67.6M	-276M	-1.4B	-1.2B	99.9M	305.6M	-631.6M	163.3M	14.8M
Free cash flow	68.5M	-21.3M	-40.2M	129.4M	184.1M	220.2M	126.4M	33.4M	136.5M	277M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	20.9M	12.8M	23.6M	31.2M	19.3M	25.4M	20.5M	28.6M	34.5M	27.8M	38.3M	45.7M
Depreciation & amortization	64.1M	62.5M	63.3M	65.3M	67.2M	69M	70.4M	70.8M	71.2M	72.4M	87.1M	89.1M
Stock-based compensation	8M	4.5M	7.8M	562K	2.7M	5.6M	3.4M	-1.7M	1.2M	1.5M	2.4M	1.6M
Change in working capital	-27.6M	-22.6M	-34.4M	-33M	-35M	6.6M	-19.2M	-8M	-21.5M	9.6M	-35.2M	-8.6M
Operating cash flow	67.1M	59.1M	62.2M	66.4M	56.8M	108.9M	77.4M	124.2M	75.9M	139.5M	86.1M	145.7M
Capital expenditure	4M	212K	40K	395K	307K	595K	259K	-23.2M	-24M	-51.7M	-24.2M	-37.4M
Investing cash flow	4M	212K	40K	395K	307K	595K	327K	-23.2M	-24M	-51.7M	-468.5M	-35.9M
Dividends paid	-64.5M	-64.5M	-65.9M	-66.5M	-66.5M	-66.4M	-66.8M	-66.6M	-66.7M	-66.7M	-66.9M	-76.4M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	60.6M	-237.9M	32.7M	-48.6M	-20M	-98M	-34.4M	-100.9M	-49.9M	-77.1M	387.7M	-115.8M
Net change in cash	131.8M	-178.7M	94.9M	18.2M	37.1M	11.6M	43.4M	171K	2M	10.7M	5.3M	-6M
Free cash flow	-2.6M	12.1M	-32.7M	48.2M	19.8M	101.2M	36.3M	101.1M	51.9M	87.7M	61.9M	108.3M

Usa Compression Partners L.P. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement