Apa (APA) Debt to Equity (2020 - 2026)

Apa's (APA) quarterly Debt to Equity came in at $0.68 in Q1 2026, down 17.68% year-on-year from $0.83 in Q1 2025, and down 7.28% quarter-over-quarter from $0.74 in Q4 2025.

Apa (APA) Debt to Equity (2020 - 2026) Analysis & Trends

Apa has disclosed Debt to Equity across 7 years of filings, most recently posting $0.68 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.68, down 17.68% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.68 (down 17.68% YoY), and the FY2025 annual result was $0.74, down 22.38% from the prior year.
  • Debt to Equity came in at $0.68 for Q1 2026 at Apa, down from $0.74 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $9.22 in Q3 2022 to a low of $0.66 in Q2 2025.
  • The 5-year median for Debt to Equity is $1.41 (2023), against an average of $2.55.
  • Peak annual rise in Debt to Equity reached 138.71% in 2022, while the deepest fall reached 96.91% in 2022.
  • Apa's Debt to Equity stood at $4.05 in 2022, then slumped by 65.33% to $1.41 in 2023, then sank by 32.41% to $0.95 in 2024, then decreased by 22.38% to $0.74 in 2025, then slipped by 7.28% to $0.68 in 2026.
  • The last three Debt to Equity figures came in at $0.68 (Q1 2026), $0.74 (Q4 2025), and $0.75 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Apa 12.94 Bn 13.59 Bn 2.20 Bn 0.68

Historic Data

Download Data
DateValue
Mar 31, 2026 0.68
Dec 31, 2025 0.74
Sep 30, 2025 0.75
Jun 30, 2025 0.66
Mar 31, 2025 0.83
Dec 31, 2024 0.95
Sep 30, 2024 1.25
Jun 30, 2024 1.04
Mar 31, 2024 1.42
Dec 31, 2023 1.41
Sep 30, 2023 2.65
Jun 30, 2023 3.29
Mar 31, 2023 4.05
Dec 31, 2022 4.05
Sep 30, 2022 9.22
Jun 30, 2022 3.51
Mar 31, 2022 6.91
Dec 31, 2021 -10.47
Sep 30, 2021 -49.39
Jun 30, 2021 113.62