Skip to content
USA Compression Partners logo

USA Compression Partners

USAC

USA Compression Partners LP is a leading independent provider of natural gas compression services in the United States, primarily supporting infrastructure applications.

Market cap
$3.72B+31.6%
Revenue$1.1B+12.2%
Net income$129.1M+33.8%
Free cash flow$302.6M+47.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$340.5M
EPS estimate$0.24

Financials

Q1 2026

Income statement

See full
Revenue$331.3M+35.1%
Gross profit$213.4M+30.4%
Operating income$91.4M+31.7%
Net income$38.3M+86.9%

Balance sheet

See full
Cash & equivalents$14.5M+726,000%
Total debt$3.0B+17.5%
Total assets$3.7B+37.6%

Cash flow

See full
Operating cash flow$86.1M+57.6%
CapEx$24.2M+32.0%
Free cash flow$61.9M+70.5%

Valuation & ratios

Valuation

See full
Market cap$3.72B+31.6%
Enterprise value$6.7B+25.7%
P/E28.8×-1.2×
P/S3.4×+0.6×

Profitability

See full
Gross margin66.3%-0.6pp
Operating margin30.3%-0.4pp
Net margin11.9%+1.9pp
FCF margin27.9%+6.6pp

Returns & leverage

See full
Current ratio1.5×+0.1×

Segments

By product

See full
Contract operations revenue$309.3M+29.1%
Retail parts and services revenue$21.9M+294%

Competitors

Profile

USA Compression Partners LP is a leading independent provider of natural gas compression services in the United States, primarily supporting infrastructure applications. The company facilitates the processing and transportation of natural gas through domestic pipelines and enhances crude oil production via artificial lift processes. Its value proposition centers on providing large-horsepower compression units and technical expertise to major oil and gas producers under long-term, fixed-fee contracts.

Competitive position

One of the largest independent providers of natural gas compression services in the U.S. by total fleet horsepower, characterized by a modern, large-horsepower fleet.

GeographiesUnited States, Permian Basin, Marcellus Shale, Utica Shale, Eagle Ford, Bakken
Customer segmentsUpstream E&P, Midstream energy companies
Business modelFixed-fee service contracts, Equipment leasing and maintenance, Manufacturing
SuppliersThird-party unit fabricators, Original equipment manufacturers (OEMs), Natural gas fuel (supplied by customers)
CustomersNatural gas processing plants, Interstate and intrastate pipeline operators, Crude oil exploration and production companies
Listed2013
Employees822.0
CEOMicah C. Green
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is USA Compression Partners's market cap?
USA Compression Partners (USAC) has a market capitalization of $3.7B and trades on NYSE.
What is USA Compression Partners's revenue and profitability?
USA Compression Partners generated $1.1B in trailing twelve-month revenue with net income of $129.1M, representing a net margin of 11.9%. Gross margin stands at 66.3%, with free cash flow of $302.6M. These figures are based on the Q1 2026 filing.
Who are USA Compression Partners's competitors?
USA Compression Partners's key competitors include Kodiak Gas Services, Inc., Archrock, Inc., Natural Gas Services Group, Inc., and others. These companies compete in similar markets and product categories.
Who does USA Compression Partners partner with?
USA Compression Partners's notable partners include Energy Transfer.
What subsidiaries does USA Compression Partners have?
USA Compression Partners's subsidiaries include J-W Power Company, J-W Energy Company, USA Compression Partners, LLC.
Where is USA Compression Partners headquartered?
USA Compression Partners is headquartered in United States of America and employs approximately 822 people. It has been publicly traded since 2013.