A
AM
AMVerified2 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$1.2B7.4%
FY2025
Operating Segments
2Active segments
Blended Margin
54.8%Operating margin
Highest Margin
66.5%Gathering And Compression
Segment Shift
Gathering And Compression has grown from 64.8% to 80.0% of total revenue since FY2019, with 66.5% operating margins. Meanwhile, Water Handling is the fastest growing at +9.7% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2025
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Gathering And Compression | $950M | $631M | 66.5% | 80.0% | +6.9% |
| Water Handling | $238M | $20M | 8.4% | 20.0% | +9.7% |
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