USA Compression Partners (USAC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

USA Compression Partners

NYSE•Energy•Oil & Gas Equipment & Services

$26.87+0.70(0.03%)Market closed

Market Cap

$3.90B

P/E

26.6x

P/S

3.3x

P/B

13.6x

USA Compression Partners, LP provides natural gas compression services in the United States. The company offers compression services to oil companies and independent producers, processors, gatherers, and transporters of natural gas and crude oil, as well as for infrastructure applications, including centralized natural gas gathering systems and processing facilities, and gas lift applications in crude oil wells. It also owns and operates a fleet of equipment to offer natural gas treating services, such as carbon dioxide and hydrogen sulfide removal, as well as natural gas cooling and dehydration to natural gas producers and midstream companies. As of December 31, 2025, the company has 3.9 million horsepower in its fleet. USA Compression Partners, LP was founded in 1998 and is headquartered in Dallas, Texas.

How this company scores

GoodMetricSide Score: 79/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (7/25).

Profitability25/25

Growth22/25

Balance Sheet & Red Flags7/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.6x5y range 25.7x – 275.8x

Currently near its 19-quarter median.

P/S · 3.3x5y range 2.5x – 3.6x

Currently near its 19-quarter median.

P/B · 13.6x5y range 10.0x – 41.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 23.9% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $3.90B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.18B
Q. Revenue: $342.15M
TTM EBITDA: $672.10M
TTM Op. Income: $352.30M
Q. Op. Income: $100.38M
TTM Net Income: $146.24M
Q. Net Income: $45.65M
EPS: $0.31
Shares Out.: $144.97M

$1.18B in TTM revenue grew 19.9% YoY, reaching $342.15M last quarter. TTM EBITDA of $672.10M and TTM operating income of $352.30M show growth is flowing through to the bottom line. TTM net income of $146.24M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 63.5%
EBITDA Margin: 55.4%
Op. Margin: 29.3%
Net Margin: 13.3%

Op. margin of 29.3% is down 1.3% YoY — costs are rising relative to revenue. Net margin at 13.3% and gross margin of 63.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 4% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.6x
P/S Ratio: 3.3x
P/B Ratio: 13.6x

At 26.6x P/E, the stock trades within typical market levels. P/S of 3.3x and P/B of 13.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 14% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.69B
Cash: $9.48M
Long-Term Debt: $2.94B
Book Value: $287.07M
D/E Ratio: 10.2
Debt/EBITDA: 15.5

With $3.69B in assets and $2.94B in long-term debt, D/E is 10.2and book value is $287.07M — elevated leverage, meaning significant financial risk in a downturn. Over the past year, debt/equity is up 0% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $145.68M
TTM Free Cash Flow: $309.81M
FCF Margin: 26.3%
FCF / Net Income: 2.1

TTM FCF of $309.81M on $145.68M in operating cash flow. The FCF / Net Income ratio of 2.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.