Apa (APA) Invested Capital (2020 - 2026)
Apa (APA) recorded Invested Capital of $11.69 billion in Q2 2026, up 2.0% from $11.45 billion a year earlier but down 1.1% from the prior quarter.
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Analysis
Apa (APA) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Apa reported Invested Capital of $11.5 billion, down 7.3% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $12.41 billion in FY2024 (+39.7%), $8.88 billion in FY2023 (+30.6%), $6.8 billion in FY2022 (+0.1%) and $6.79 billion in FY2021 (-16.4%).
- Quarterly Invested Capital has ranged from $6.74 billion in Q1 2022 to $13.24 billion in Q2 2024 over the past five years.
- On a year-over-year basis, Invested Capital rose in four of the last eight quarters, with growth averaging 13.5%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 82.0% in Q2 2024, against a decline of 22.1% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.81 billion (Q1 2026), $11.5 billion (Q4 2025) and $11.35 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 306.77 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 233.51 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 266.83 Bn |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 199.96 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 104.25 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 88.64 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 69.32 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 54.03 Bn |
| 10 | Apa | 15.51 Bn | 14.18 Bn | 2.48 Bn | 11.41 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.41 Bn |
| Jun 30, 2026 | 11.69 Bn |
| Mar 31, 2026 | 11.81 Bn |
| Dec 31, 2025 | 11.50 Bn |
| Sep 30, 2025 | 11.35 Bn |
| Jun 30, 2025 | 11.45 Bn |
| Mar 31, 2025 | 11.83 Bn |
| Dec 31, 2024 | 12.41 Bn |
| Sep 30, 2024 | 12.53 Bn |
| Jun 30, 2024 | 13.24 Bn |
| Mar 31, 2024 | 8.83 Bn |
| Dec 31, 2023 | 8.88 Bn |
| Sep 30, 2023 | 7.69 Bn |
| Jun 30, 2023 | 7.27 Bn |
| Mar 31, 2023 | 7.23 Bn |
| Dec 31, 2022 | 6.80 Bn |
| Sep 30, 2022 | 7.08 Bn |
| Jun 30, 2022 | 6.79 Bn |
| Mar 31, 2022 | 6.74 Bn |
| Dec 31, 2021 | 6.79 Bn |
API Access
Apa Invested Capital 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=invested-capital&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();