Apa (APA) Net Margin (2020 - 2026)
Apa's (APA) quarterly Net Margin came in at 31.14% in Q2 2026, up 805.0% year-over-year from 3.44% in Q2 2025, and up 54.64% quarter-over-quarter from 20.14% in Q1 2026.
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Apa (APA) Net Margin (2020 - 2026) Analysis & Trends
Apa has disclosed Net Margin across 7 years of filings, most recently posting 31.14% for Q2 2026.
- In Q2 2026, Net Margin rose 805.0% year-over-year to 31.14%; the TTM figure through Jun 2026 stood at 18.95% (up 842.0% YoY), while the FY2025 annual figure was 18.35%, up 1009.0% from the prior year.
- Net Margin came in at 31.14% for Q2 2026 at Apa, up from 20.14% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 93.71% in Q4 2023 to a low of 8.78% in Q3 2024.
- Average Net Margin over 5 years is 22.16%, with a median of 19.4% recorded in 2023.
- Year-over-year, Net Margin surged 7510 bps in 2023 and plunged 7956 bps in 2024.
- Over 5 years, Net Margin stood at 18.61% in 2022, then jumped by 403 bps to 93.71% in 2023, then sank by 85 bps to 14.15% in 2024, then sank by 90 bps to 1.42% in 2025, then soared by 2100 bps to 31.14% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 31.14% in Q2 2026, 20.14% in Q1 2026, and 1.42% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 32.66% |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 31.60% |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 22.14% |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 17.64% |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 42.65% |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 15.13% |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 31.14% |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 17.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.14% |
| Mar 31, 2026 | 20.14% |
| Dec 31, 2025 | 1.42% |
| Sep 30, 2025 | 20.37% |
| Jun 30, 2025 | 23.09% |
| Mar 31, 2025 | 13.28% |
| Dec 31, 2024 | 14.15% |
| Sep 30, 2024 | -8.78% |
| Jun 30, 2024 | 19.38% |
| Mar 31, 2024 | 6.94% |
| Dec 31, 2023 | 93.71% |
| Sep 30, 2023 | 19.88% |
| Jun 30, 2023 | 19.43% |
| Mar 31, 2023 | 11.92% |
| Dec 31, 2022 | 18.61% |
| Sep 30, 2022 | 14.69% |
| Jun 30, 2022 | 30.34% |
| Mar 31, 2022 | 49.19% |
| Dec 31, 2021 | 15.90% |
| Sep 30, 2021 | -6.84% |