Apa (APA) FCF Margin (2020 - 2026)
Apa's (APA) quarterly FCF Margin came in at 47.39% in Q2 2026, up 2745.0% year-over-year from 1.67% in Q2 2025, and up 8648.28% quarter-over-quarter from 0.54% in Q1 2026.
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Apa (APA) FCF Margin (2020 - 2026) Analysis & Trends
Apa has disclosed FCF Margin across 7 years of filings, most recently posting 47.39% for Q2 2026.
- In Q2 2026, FCF Margin rose 2745.0% year-over-year to 47.39%; the TTM figure through Jun 2026 stood at 24.55% (up 909.0% YoY), while the FY2025 annual figure was 19.58%, up 1168.0% from the prior year.
- FCF Margin came in at 47.39% for Q2 2026 at Apa, up from 0.54% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 48.62% in Q2 2022 to a low of 10.25% in Q1 2023.
- Average FCF Margin over 5 years is 17.71%, with a median of 15.01% recorded in 2022.
- Year-over-year, FCF Margin tumbled 2700 bps in 2023 and surged 2745 bps in 2026.
- Over 5 years, FCF Margin stood at 34.08% in 2022, then decreased by 28 bps to 24.52% in 2023, then sank by 45 bps to 13.51% in 2024, then retreated by 16 bps to 11.32% in 2025, then jumped by 319 bps to 47.39% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 47.39% in Q2 2026, 0.54% in Q1 2026, and 11.32% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 22.59% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 62.43% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 35.16% |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 46.62% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 31.76% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 11.59% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | 52.97% |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 35.11% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 47.39% |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 8.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.39% |
| Mar 31, 2026 | 0.54% |
| Dec 31, 2025 | 11.32% |
| Sep 30, 2025 | 36.72% |
| Jun 30, 2025 | 19.95% |
| Mar 31, 2025 | 12.21% |
| Dec 31, 2024 | 13.51% |
| Sep 30, 2024 | 16.10% |
| Jun 30, 2024 | 4.33% |
| Mar 31, 2024 | -5.20% |
| Dec 31, 2023 | 24.52% |
| Sep 30, 2023 | 5.89% |
| Jun 30, 2023 | 21.62% |
| Mar 31, 2023 | -10.25% |
| Dec 31, 2022 | 34.08% |
| Sep 30, 2022 | 23.57% |
| Jun 30, 2022 | 48.62% |
| Mar 31, 2022 | 13.92% |
| Dec 31, 2021 | 32.21% |
| Sep 30, 2021 | 32.65% |