Apa (APA) Asset Utilization Ratio (2020 - 2026)
Apa's (APA) quarterly Asset Utilization Ratio came in at 0.48 in Q2 2026, down 14.84% year-over-year from 0.56 in Q2 2025, and down 2.99% quarter-over-quarter from 0.49 in Q1 2026.
Analysis
Apa (APA) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Apa has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.48 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 14.84% year-over-year to 0.48; the TTM figure through Jun 2026 stood at 0.48 (down 14.84% YoY), while the FY2025 annual figure was 0.5, down 11.72% from the prior year.
- Asset Utilization Ratio came in at 0.48 for Q2 2026 at Apa, down from 0.49 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.92 in Q3 2022 to a low of 0.46 in Q3 2024.
- Average Asset Utilization Ratio over 5 years is 0.63, with a median of 0.56 recorded in 2025.
- Year-over-year, Asset Utilization Ratio soared 89.4% in 2022 and plunged 37.2% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.91 in 2022, then plunged by 37.2% to 0.57 in 2023, then retreated by 11.73% to 0.5 in 2024, then grew by 3.52% to 0.52 in 2025, then fell by 8.15% to 0.48 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.48 in Q2 2026, 0.49 in Q1 2026, and 0.52 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 0.50 |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 0.39 |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 0.47 |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 0.31 |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 0.47 |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 0.48 |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.48 |
| Mar 31, 2026 | 0.49 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.54 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.53 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.86 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.60 |
| Sep 30, 2021 | 0.51 |