Apa (APA) EBT Margin (2020 - 2026)
Apa's EBT Margin was 53.23% in Q2 2026, up 13.87 percentage points from 39.36% a year earlier and up 15.76 percentage points from the prior quarter.
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Analysis
Apa (APA) EBT Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apa's EBT Margin was 36.09% through Jun 30, 2026, up 17.08 percentage points year-over-year; for FY2025, it was 30.27%, up 14.51 percentage points from FY2024.
- EBT Margin shows a five-year change of +142.62 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 15.76% in FY2024 (-19.43 pp), 35.19% in FY2023 (-12.07 pp), 47.26% in FY2022 (+23.41 pp) and 23.85% in FY2021 (+136.20 pp).
- The Q2 2026 figure marks the highest quarterly EBT Margin since Q1 2022.
- Compared with a year earlier, EBT Margin has increased for six straight quarters, with an average year-over-year change of +2.43 percentage points over the last eight quarters.
- The best year-over-year quarter for EBT Margin over five years was Q3 2025 (a gain of 38.71 percentage points); the worst was Q3 2024 (a drop of 49.46 percentage points).
- Per Business Quant data, APA's EBT Margin in the three quarters before Q2 2026 was 37.47% (Q1 2026), 24.72% (Q4 2025) and 25.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 16.64% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 23.84% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 17.58% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 31.15% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 37.04% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 9.55% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 39.94% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 28.46% |
| 10 | Apa | 14.55 Bn | 13.75 Bn | 2.28 Bn | 53.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.23% |
| Mar 31, 2026 | 37.47% |
| Dec 31, 2025 | 24.72% |
| Sep 30, 2025 | 25.32% |
| Jun 30, 2025 | 39.36% |
| Mar 31, 2025 | 29.21% |
| Dec 31, 2024 | 19.98% |
| Sep 30, 2024 | -13.39% |
| Jun 30, 2024 | 33.24% |
| Mar 31, 2024 | 23.49% |
| Dec 31, 2023 | 28.54% |
| Sep 30, 2023 | 36.08% |
| Jun 30, 2023 | 35.70% |
| Mar 31, 2023 | 39.90% |
| Dec 31, 2022 | 33.70% |
| Sep 30, 2022 | 40.81% |
| Jun 30, 2022 | 47.90% |
| Mar 31, 2022 | 60.03% |
| Dec 31, 2021 | 27.22% |
| Sep 30, 2021 | 7.39% |
API Access
Apa EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "APA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();