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| Date | Value |
|---|---|
| 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 |