Apa (APA) Debt Ratio (2020 - 2026)
Apa (APA) posted Debt Ratio of 0.24 for Q1 2026, down 3.49% sequentially from 0.25 in Q4 2025, and down 15.72% YoY from 0.29 in Q1 2025.
Apa (APA) Debt Ratio (2020 - 2026) Analysis & Trends
Apa has reported Debt Ratio for 7 years, with the latest figure at 0.24 in Q1 2026.
- Quarterly Debt Ratio fell 15.72% year-over-year to 0.24 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.24 (down 15.72% YoY) and the FY2025 annual result came in at 0.25, down 18.84% from the prior year.
- Debt Ratio retreated to 0.24 in Q1 2026 per APA's latest filing, from 0.25 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.47 in Q1 2022 and troughed at 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.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio slumped 36.01% in 2022, then increased 2.96% in 2023.
- Over 5 years, Debt Ratio stood at 0.41 in 2022, then slipped by 17.95% to 0.34 in 2023, then slipped by 8.41% to 0.31 in 2024, then fell by 18.84% to 0.25 in 2025, then dropped by 3.49% to 0.24 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.24, 0.25, and 0.25 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.23 Bn | 156.54 Bn | 12.81 Bn | 0.19 |
| 2 | Canadian Natural Resources | 106.93 Bn | 105.04 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.18 Bn | - | 0.14 |
| 4 | Diamondback Energy | 59.20 Bn | 58.74 Bn | 5.55 Bn | 0.18 |
| 5 | Woodside Energy | 46.17 Bn | 40.23 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 45.93 Bn | 44.92 Bn | 6.02 Bn | 0.18 |
| 7 | Occidental Petroleum | 39.32 Bn | 35.17 Bn | 7.73 Bn | 0.17 |
| 8 | Eqt | 33.76 Bn | 33.65 Bn | 1.42 Bn | 0.14 |
| 9 | Texas Pacific Land | 26.26 Bn | 26.01 Bn | - | - |
| 10 | Apa | 15.60 Bn | 15.16 Bn | 2.28 Bn | 0.21 |
Historic Data
Download 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 |