USA Compression Partners LP (USAC) - Net Assets
Based on the latest financial reports, USA Compression Partners LP (USAC) has net assets worth $316.67 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.73 Billion) and total liabilities ($3.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check USA Compression Partners LP tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $316.67 Million |
| % of Total Assets | 8.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | -119.45% |
| 10-Year Change | -115.42% |
| Growth Volatility | 168.23 |
USA Compression Partners LP - Net Assets Trend (2009–2025)
This chart illustrates how USA Compression Partners LP's net assets have evolved over time, based on quarterly financial data. See USAC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for USA Compression Partners LP (2009–2025)
The table below shows the annual net assets of USA Compression Partners LP from 2009 to 2025. For live valuation and market cap data, see USAC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-112.50 Million | -505.30% |
| 2024-12-31 | $27.76 Million | -84.84% |
| 2023-12-31 | $183.05 Million | -49.30% |
| 2022-12-31 | $361.01 Million | -37.59% |
| 2021-12-31 | $578.42 Million | -29.03% |
| 2020-12-31 | $814.96 Million | -50.84% |
| 2019-12-31 | $1.66 Billion | -10.68% |
| 2018-12-31 | $1.86 Billion | +192.84% |
| 2017-12-31 | $633.85 Million | -13.11% |
| 2016-12-31 | $729.52 Million | +1.56% |
| 2015-12-31 | $718.29 Million | -14.44% |
| 2014-12-31 | $839.52 Million | +18.62% |
| 2013-12-31 | $707.73 Million | +106.02% |
| 2012-12-31 | $343.53 Million | +1.33% |
| 2011-12-31 | $339.02 Million | +0.02% |
| 2010-12-31 | $338.95 Million | +366.71% |
| 2009-12-31 | $72.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to USA Compression Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | $-112.50 Million | 100.00% |
USA Compression Partners LP Competitors by Market Cap
The table below lists competitors of USA Compression Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TIZA Information Industry Corporation Inc
SHE:300209
|
$3.83 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
$3.83 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.83 Billion |
|
Catalyst Pharmaceuticals Inc
NASDAQ:CPRX
|
$3.83 Billion |
|
Aneka Tambang Persero Tbk
JK:ANTM
|
$3.82 Billion |
|
Global Health Limited
NSE:MEDANTA
|
$3.81 Billion |
|
Ottobock SE & Co. KGaA
XETRA:OBCK
|
$3.81 Billion |
|
Constellium SE
F:3OK
|
$3.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in USA Compression Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,758,000 to -112,502,000, a change of -140,260,000 (-505.3%).
- Net income of 111,319,000 contributed positively to equity growth.
- Dividend payments of 266,880,999 reduced retained earnings.
- Other factors increased equity by 15,301,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.32 Million | +98.95% |
| Dividends Paid | $266.88 Million | -237.22% |
| Other Changes | $15.30 Million | +13.6% |
| Total Change | $- | -505.30% |
Book Value vs Market Value Analysis
This analysis compares USA Compression Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $-0.11 | $26.34 | x |
| 2010-12-31 | $11.65 | $26.34 | x |
| 2011-12-31 | $-1.02 | $26.34 | x |
| 2012-12-31 | $11806.18 | $26.34 | x |
| 2013-12-31 | $22.03 | $26.34 | x |
| 2014-12-31 | $19.90 | $26.34 | x |
| 2015-12-31 | $14.92 | $26.34 | x |
| 2016-12-31 | $13.24 | $26.34 | x |
| 2017-12-31 | $10.25 | $26.34 | x |
| 2018-12-31 | $-7.52 | $26.34 | x |
| 2019-12-31 | $17.16 | $26.34 | x |
| 2020-12-31 | $8.42 | $26.34 | x |
| 2021-12-31 | $5.96 | $26.34 | x |
| 2022-12-31 | $3.69 | $26.34 | x |
| 2023-12-31 | $1.82 | $26.34 | x |
| 2024-12-31 | $0.24 | $26.34 | x |
| 2025-12-31 | $-0.93 | $26.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently USA Compression Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.15%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (19.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 22.29% | 0.27x | 0.00x | $21.54 Million |
| 2010 | 3.09% | 11.39% | 0.15x | 1.81x | $-23.42 Million |
| 2011 | 0.00% | 0.01% | 0.14x | 0.00x | $2.97 Million |
| 2012 | 0.00% | 3.79% | 0.14x | 0.00x | $-34.35 Billion |
| 2013 | 1.49% | 6.89% | 0.13x | 1.67x | $-60.26 Million |
| 2014 | 2.97% | 11.26% | 0.15x | 1.81x | $-59.01 Million |
| 2015 | -21.48% | -57.02% | 0.18x | 2.10x | $-226.10 Million |
| 2016 | 1.77% | 4.86% | 0.18x | 2.02x | $-60.02 Million |
| 2017 | 1.80% | 4.08% | 0.19x | 2.35x | $-51.95 Million |
| 2018 | 0.00% | -1.81% | 0.15x | 0.00x | $71.60 Million |
| 2019 | 2.36% | 5.60% | 0.19x | 2.25x | $-126.66 Million |
| 2020 | -72.98% | -89.07% | 0.23x | 3.62x | $-676.23 Million |
| 2021 | 1.78% | 1.62% | 0.23x | 4.79x | $-47.56 Million |
| 2022 | 8.40% | 4.30% | 0.26x | 7.38x | $-5.78 Million |
| 2023 | 37.29% | 8.07% | 0.31x | 14.95x | $49.96 Million |
| 2024 | 358.73% | 10.48% | 0.35x | 98.91x | $96.80 Million |
| 2025 | 0.00% | 11.15% | 0.38x | 0.00x | $122.57 Million |
Industry Comparison
This section compares USA Compression Partners LP's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,192,650,900
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| USA Compression Partners LP (USAC) | $316.67 Million | 0.00% | 10.79x | $3.82 Billion |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $1.04 Billion | 5.78% | 0.90x | $2.12 Billion |
| Archrock Inc (AROC) | $1.49 Billion | 21.61% | 1.92x | $6.43 Billion |
| Baker Hughes Co (BKR) | $14.53 Billion | -4.14% | 1.35x | $56.11 Billion |
| ChampionX Corporation (CHX) | $1.64 Billion | 6.75% | 0.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $160.90 Million | 49.43% | 3.03x | $507.99 Million |
| Drilling Tools International Corp. (DTI) | $88.69 Million | 16.63% | 0.49x | $68.85 Million |
| Dawson Geophysical Company (DWSN) | $90.97 Million | -14.51% | 0.14x | $147.50 Million |
| Enerflex Ltd. (EFXT) | $1.16 Billion | 2.85% | 0.91x | $3.03 Billion |
| Forum Energy Technologies Inc (FET) | $406.24 Million | -23.85% | 1.19x | $572.22 Million |
About USA Compression Partners LP
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 … Read more