APA Corporation (APA) vs Range Resources Corporation (RRC)

APA Corporation and Range Resources Corporation are both Oil & Gas E&P companies. APA Corporation is the larger, with a market value of $15.3B against $9.1B — 1.7× the size. APA Corporation trades at the lower P/E: 9.0× against 10.6×. Range Resources Corporation grew revenue faster over the last twelve months: 23.2% against −16.1%. Range Resources Corporation has the higher net margin (25.0% vs 19.5%) and the lower return on invested capital (13.7% vs 17.3%). Both pay a dividend; APA Corporation yields more (3.28% vs 1.12%). Across the 22 metrics below, APA Corporation leads on 15 and Range Resources Corporation on 7.

Valuation

Metric APA RRC Oil & Gas E&P median
P/E 9.02 10.58 10.57
P/S 1.75 2.64 1.80
P/B 1.90 1.92 1.27
Price to free cash flow 9.85 13.32 9.99
EV/EBITDA 3.47 6.60 5.08
EV/Sales 2.14 3.07 2.39
Earnings yield 11.09% 9.45% 6.06%
Free cash flow yield 10.15% 7.51% 6.17%

Profitability

Metric APA RRC Oil & Gas E&P median
Gross margin 92.58% 93.07% 80.41%
Operating margin 36.09% 35.59% 21.39%
Net margin 19.48% 25.00% 14.17%
Free cash flow margin 17.78% 19.80% 9.71%
Return on equity 22.59% 19.44% 10.05%
Return on assets 9.30% 11.71% 5.81%
Return on invested capital 17.27% 13.71% 6.32%

Growth

Metric APA RRC Oil & Gas E&P median
Revenue growth (TTM) (16.13%) 23.24% 9.94%
EPS growth (last fiscal year) 75.77% 151.38% —
Revenue growth, 5-year CAGR 16.44% 9.62% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric APA RRC Oil & Gas E&P median
Debt to equity 0.47 0.18 0.28
Current ratio 0.95 0.65 0.96
Net debt to EBITDA 0.78 0.89 0.91

Dividend

Metric APA RRC Oil & Gas E&P median
Dividend yield 3.28% 1.12% 4.93%
Payout ratio 0.18 0.05 0.07

Size

Metric APA RRC Oil & Gas E&P median
Market cap 15.30b 9.11b 923.59m

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