Apa (APA) Debt Ratio (2020 - 2026)
Apa's (APA) quarterly Debt Ratio came in at 0.21 in Q2 2026, down 17.27% year-over-year from 0.25 in Q2 2025, and down 14.7% quarter-over-quarter from 0.24 in Q1 2026.
Analysis
Apa (APA) Debt Ratio (2020 - 2026) Analysis & Trends
Apa has disclosed Debt Ratio across 7 years of filings, most recently posting 0.21 for Q2 2026.
- In Q2 2026, Debt Ratio fell 17.27% year-over-year to 0.21; the TTM figure through Jun 2026 stood at 0.21 (down 17.27% YoY), while the FY2025 annual figure was 0.25, down 18.84% from the prior year.
- Debt Ratio came in at 0.21 for Q2 2026 at Apa, down from 0.24 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 0.21 in Q2 2026.
- Average Debt Ratio over 5 years is 0.34, with a median of 0.34 recorded in 2023.
- Year-over-year, Debt Ratio sank 36.01% in 2022 and grew 2.96% in 2023.
- Over 5 years, Debt Ratio stood at 0.41 in 2022, then retreated by 17.95% to 0.34 in 2023, then retreated by 8.41% to 0.31 in 2024, then dropped by 18.84% to 0.25 in 2025, then declined by 17.68% to 0.21 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.21 in Q2 2026, 0.24 in Q1 2026, and 0.25 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 0.14 |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 0.18 |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 0.20 |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 0.13 |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 0.16 |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 0.19 |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 0.21 |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.21 |
| 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 |