Apa (APA) EV to FCF (2020 - 2026)
Apa's EV to FCF came in at 5.62 for Q2 2026, up 20.1% from 4.68 a year earlier but down 46.2% from the prior quarter.
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Analysis
Apa (APA) EV to FCF (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Apa reported EV to FCF of 5.02, up 19.2% year-over-year; for FY2025, it came in at 5.01, down 56.7% from FY2024.
- Going back by year, EV to FCF was 11.57 in FY2024 (-20.3%), 14.51 in FY2023 (+222.0%), 4.51 in FY2022 (+10.8%) and 4.07 in FY2021 (-91.6%).
- The five-year range for quarterly EV to FCF is 3.42 (Q3 2022) to 18.97 (Q2 2024).
- Year-over-year, EV to FCF increased in two of the last eight quarters, with an average decline of 23.8%.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2023 (growth of 240.4%), and the weakest in Q4 2021 (a decline of 91.6%).
- Business Quant data shows APA's EV to FCF at 10.45 (Q1 2026), 5.01 (Q4 2025) and 4.71 (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 | 5.62 |
| Mar 31, 2026 | 10.45 |
| Dec 31, 2025 | 5.01 |
| Sep 30, 2025 | 4.71 |
| Jun 30, 2025 | 4.68 |
| Mar 31, 2025 | 7.20 |
| Dec 31, 2024 | 11.57 |
| Sep 30, 2024 | 11.21 |
| Jun 30, 2024 | 18.97 |
| Mar 31, 2024 | 12.25 |
| Dec 31, 2023 | 14.51 |
| Sep 30, 2023 | 11.64 |
| Jun 30, 2023 | 6.66 |
| Mar 31, 2023 | 4.92 |
| Dec 31, 2022 | 4.51 |
| Sep 30, 2022 | 3.42 |
| Jun 30, 2022 | 3.71 |
| Mar 31, 2022 | 5.48 |
| Dec 31, 2021 | 4.07 |
| Sep 30, 2021 | 4.18 |
API Access
Apa EV to FCF 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-fcf&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();