Apa (APA) EV to EBITDA (2021 - 2026)
Apa's EV to EBITDA came in at 2.64 for Q2 2026, down 11.7% from 2.99 a year earlier and down 32.6% from the prior quarter.
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Analysis
Apa (APA) EV to EBITDA (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Apa reported EV to EBITDA of 2.36, down 12.3% year-over-year; for FY2025, it came in at 2.51, down 34.5% from FY2024.
- Going back by year, EV to EBITDA was 3.83 in FY2024 (+8.3%), 3.54 in FY2023 (+19.4%), 2.96 in FY2022 (-57.2%) and 6.92 in FY2021.
- The five-year range for quarterly EV to EBITDA is 2.25 (Q3 2022) to 6.92 (Q4 2021).
- Year-over-year, EV to EBITDA increased in two of the last eight quarters, with an average decline of 10.1%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2023 (growth of 92.5%), and the weakest in Q3 2022 (a decline of 67.3%).
- Business Quant data shows APA's EV to EBITDA at 3.92 (Q1 2026), 2.51 (Q4 2025) and 2.64 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Apa | 14.55 Bn | 13.75 Bn | 2.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.64 |
| Mar 31, 2026 | 3.92 |
| Dec 31, 2025 | 2.51 |
| Sep 30, 2025 | 2.64 |
| Jun 30, 2025 | 2.99 |
| Mar 31, 2025 | 3.39 |
| Dec 31, 2024 | 3.83 |
| Sep 30, 2024 | 4.28 |
| Jun 30, 2024 | 3.41 |
| Mar 31, 2024 | 3.62 |
| Dec 31, 2023 | 3.54 |
| Sep 30, 2023 | 4.34 |
| Jun 30, 2023 | 3.68 |
| Mar 31, 2023 | 3.48 |
| Dec 31, 2022 | 3.01 |
| Sep 30, 2022 | 2.25 |
| Jun 30, 2022 | 2.89 |
| Mar 31, 2022 | 4.36 |
| Dec 31, 2021 | 6.92 |
| Sep 30, 2021 | 6.89 |
API Access
Apa EV to EBITDA 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=ev-to-ebitda&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();