APA Corporation
APA Energy Oil & Gas E&P
APA Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.2 billion, down 5.31% from fiscal 2024. In the quarter to June 2026, revenue fell 8.15%, EPS grew 27.0%, free cash flow grew 4.61% and total debt fell 17.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.
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APA Corporation (APA) Gross margin
APA Corporation's gross margin over the twelve months to 30 June 2026 was 92.6%, up 8.8 percentage points from fiscal 2025 (83.8%). Over the past ten years it has ranged from 76.7% (fiscal 2021) to 97.0% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Oil & Gas E&P industry median of 80.4% and above the Energy sector median of 49.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 83.8% | (1.01) |
| FY2024 | 84.8% | (2.06) |
| FY2023 | 86.9% | 4.53 |
| FY2022 | 82.3% | 5.60 |
| FY2021 | 76.7% | (8.61) |
| FY2020 | 85.4% | (7.81) |
| FY2019 | 93.2% | 2.02 |
| FY2018 | 91.1% | (5.82) |
| FY2017 | 97.0% | 0.70 |
| FY2016 | 96.3% | (0.68) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 101.5% | 8.95 |
| Mar 2026 | 92.5% | 3.33 |
| Dec 2025 | 89.2% | 3.75 |
| Sep 2025 | 85.4% | 1.05 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TPL Texas Pacific Land Corporation compare | 100.0% |
| RRC Range Resources Corporation compare | 93.1% |
| APA APA Corporation | 92.6% |
| EXE Expand Energy Corporation compare | 80.7% |
| EQT EQT Corporation compare | 79.3% |
| PR Permian Resources Corporation compare | 75.9% |
| SM SM Energy Company compare | 74.2% |
| CHRD Chord Energy Corporation compare | 49.7% |
| AR Antero Resources Corporation compare | 41.7% |
| Oil & Gas E&P industry median | 80.4% |
| Energy sector median | 49.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on APA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement