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) Operating margin
APA Corporation's operating margin over the twelve months to 30 June 2026 was 36.1%, up 5.8 percentage points from fiscal 2025 (30.3%). Over the past ten years it has ranged from −176.6% (fiscal 2015) to 47.3% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Oil & Gas E&P industry median of 21.4% and above the Energy sector median of 14.5%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 30.3% | 14.51 |
| FY2024 | 15.8% | (19.43) |
| FY2023 | 35.2% | (12.07) |
| FY2022 | 47.3% | 23.41 |
| FY2021 | 23.9% | 136.20 |
| FY2020 | −112.4% | (66.45) |
| FY2019 | −45.9% | (58.24) |
| FY2018 | 12.3% | (1.95) |
| FY2017 | 14.3% | 45.71 |
| FY2016 | −31.4% | 145.22 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 53.2% | 15.76 |
| Mar 2026 | 37.5% | 12.75 |
| Dec 2025 | 24.7% | (0.60) |
| Sep 2025 | 25.3% | (14.04) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TPL Texas Pacific Land Corporation compare | 74.9% |
| EQT EQT Corporation compare | 42.5% |
| APA APA Corporation | 36.1% |
| PR Permian Resources Corporation compare | 35.8% |
| RRC Range Resources Corporation compare | 35.6% |
| SM SM Energy Company compare | 29.6% |
| EXE Expand Energy Corporation compare | 26.9% |
| AR Antero Resources Corporation compare | 24.7% |
| CHRD Chord Energy Corporation compare | 19.0% |
| Oil & Gas E&P industry median | 21.4% |
| Energy sector median | 14.5% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on APA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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