Apa (APA) Debt Ratio (2020 - 2026)

Apa (APA) reported Debt Ratio of 0.24 for Q1 2026, down 15.72% on a YoY basis from 0.29 in Q1 2025, and down 3.49% sequentially from 0.25 in Q4 2025.

Apa (APA) Debt Ratio (2020 - 2026) Analysis & Trends

Apa (APA) has 7 years of Debt Ratio data on file, last reported at 0.24 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 15.72% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (down 15.72% YoY), and the FY2025 full-year result was 0.25, down 18.84% from the prior year.
  • Debt Ratio retreated to 0.24 in Q1 2026, from 0.25 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.47 in Q1 2022 to a low of 0.24 in Q1 2026.
  • A 5-year average of 0.35 and a median of 0.34 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio plunged 36.01% in 2022 and climbed 2.96% in 2023, its largest moves.
  • Tracing APA's Debt Ratio over 5 years: stood at 0.41 in 2022, then fell by 17.95% to 0.34 in 2023, then fell by 8.41% to 0.31 in 2024, then slipped by 18.84% to 0.25 in 2025, then retreated by 3.49% to 0.24 in 2026.
  • Business Quant data shows APA's Debt Ratio at 0.24 in Q1 2026, 0.25 in Q4 2025, and 0.25 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.19
2 Eog Resources 74.61 Bn 70.76 Bn - 0.15
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.20
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.19
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.14
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.26
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.20
10 Apa 12.27 Bn 11.98 Bn 2.14 Bn 0.24

Historic Data

Download Data
DateValue
Mar 31, 2026 0.24
Dec 31, 2025 0.25
Sep 30, 2025 0.25
Jun 30, 2025 0.25
Mar 31, 2025 0.29
Dec 31, 2024 0.31
Sep 30, 2024 0.33
Jun 30, 2024 0.33
Mar 31, 2024 0.35
Dec 31, 2023 0.34
Sep 30, 2023 0.41
Jun 30, 2023 0.42
Mar 31, 2023 0.44
Dec 31, 2022 0.41
Sep 30, 2022 0.41
Jun 30, 2022 0.41
Mar 31, 2022 0.47
Dec 31, 2021 0.56
Sep 30, 2021 0.56
Jun 30, 2021 0.64