D. Childers
continue well by discipline affordability growth gas, which results earnings power the energy our The by structurally as and service through strength and morning, sector. customer to across performance as strength long-term its being And durability performance use this see quarter built the good and natural demand, reflects as everyone. second further continued U.S. we in Megan, both bolstered we employed our abundance in of year-over-year you, the the the investment second production. durability and and fuel and are supported Thank strong in execution. also quarter reflected assets, and in is Archrock's our efficient and will capital exceptional overall high-quality performance
with key second backdrop, today's me with Now from the summary call of let quarter. start that a highlights
$XX was in of the of year the management, was strong of was million income $XXX up second period. up higher million from versus X.Xx. XX% our financial driven sector-leading including million net EBITDA cost ratio Adjusted The pricing, to prior focus Our sharp of a by XXXX. primarily on with combined leverage increase profitability.
We maintained leading quarter position, a $XX
to continue meaningful deliver We to returns our shareholders.
X.Xx all X% every team now we attractive to as premier acquisition that a with TOPS last And our our further expand of contract service quarterly week, fantastic customers maintaining day employees compared Our robust while up Thanks Archrock. ago, dividend to work who company and a dedicated shareholders. bit. announced services of year to to excellent quarter coverage that quarter.
This in I'll the per share was a our dividend on U.S., a to we position the safe was great of in for and for deliver hard the compression will returns and the enhance
results. plays Turning our in for is gas contract Archrock in predominantly conditions like operating to QX production remain Market operation's Permian market reflected The oil with operations. and constructive robust highly Basin. compression the financial associated
build Our into fleet sequentially increased remained fully Booking we XXXX. the of as utilized book a activity an with XX%. order utilization quarter to at exiting rate continued
historic the and capacity we're highs booking strong additional the compression pricing, demand the well booking sustained capturing continued as into support LNG with pricing from for AI incremental gas and data increments. future customers and utilization rate export demand see growth to plan on maintaining and activity, generation electric production to expect centers.
On natural We call prerogative our at
horsepower, of $XX.XX. which sequential quarter second our marks revenue quarter per consecutive increased in to monthly XXth The increases our
service price as and with remained business the cost another quarter. points basis quarter.
The adjusted is driving percentage XX%, year-over-year aftermarket XXX gross great margin had service customers. increases repeat prior with million and totaling up consistent elevated $XX control Continued segment strong drove to solid Revenues
opportunity expectation efforts, XX% service Second we've high-quality of From taken quarter to focus exceeded work. our adjusted our digitization to our and rate enhance for the cash dividend. our emission margin of known fleet come.
The adding full operations, expand performance gross acquisition TOPS assets, continued recent horsepower TOPS, young year are this backlog an and for substantial standardized With our of including should exceptional approximately and we to as most contract equipment. our field, to base years first the excellent to customer actions guidance high-margin compression and XXX,XXX and for contracted we're business and in XXX,XXX new and is reduction to on focus benefit of customer earnings operating highly with strategic a horsepower our we aligns available
accretive acquisition main X immediately and strategic benefits. this discussed, previously carries we As
high-quality is utilized customers. -- meaningful TOPS First, an flows with of by contracted The contracts fee-based XX% assets highly years, has the X backed has growth. of acquisition cash low-risk age fleet and average of blue-chip with
capacity enhances Second, complements X.X compression million Permian by horsepower. our XX% capacity. the scale existing Basin expected TOPS increase Permian of The and Archrock's acquisition Basin operating to to is addition our compression approximately
of aligns in to integrate today's confident into growing existing the market summary, investing compression acquired demand, flow has gas high-quality in of important, our effectively to and compression this will increasing electric accelerated XXXX, transaction least expertise. increase on over a focus our to the by accelerates share with per leading for we've milestone horsepower commitments pro on has transaction talented maintaining we're the electric Archrock. or compression the facilitate contracted a XXXX. and that acquisition turn a of expected forma close second success.
With Archrock a I'd and of is an our is financial excited quarter motor investments XX% production long-term augments as top to accretive dividend end fleet for while high-caliber the substantial deliver capital at strong cash internal both and is we within to our a this of for natural our strategic of drive of we're consistent and our team with been be Doug our this at And TOPS and our And performance, fleet. robust XXXX to for business been assets returns drive to stand-alone the balance we expect than motor priorities, return is XXX,XXX our acquisition. fourth, that, TOPS TOPS business.
In accretive these allocation for to builds with welcome and sheet. equipment high-return And priorities to Third, ability acquisition, electrical available in shareholders.
We're that and The equally that review acquisition our been the our strategy one the assets. to share fleet compression. earnings so we've expect exciting able growth and like XX% The expect acquisition to meaningful TOPS and rapidly we've for funding XX% electric backlog. provider the progress business investors of buying and financing With guidance capital cash growing to the this call we orienting future with of made to cash and it our per more to
