Apa (APA) Net Margin (2020 - 2026)
Apa's (APA) quarterly Net Margin came in at 20.14% in Q1 2026, up 685.0% year-on-year from 2.57% in Q1 2025, and up 2.65% quarter-over-quarter from 19.62% in Q4 2025.
Apa (APA) Net Margin (2020 - 2026) Analysis & Trends
Apa has disclosed Net Margin across 7 years of filings, most recently posting 20.14% for Q1 2026.
- Net Margin for Q1 2026 came in at 20.14%, up 685.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.13% (up 1338.0% YoY), and the FY2025 annual result was 22.26%, up 1400.0% from the prior year.
- Net Margin came in at 20.14% for Q1 2026 at Apa, up from 19.62% 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.
- The 5-year median for Net Margin is 19.43% (2023), against an average of 23.14%.
- Across the five-year window, Net Margin jumped 7510 bps in 2023 and sank 7956 bps in 2024, its largest moves.
- Apa's Net Margin stood at 18.61% in 2022, then jumped by 403 bps to 93.71% in 2023, then tumbled by 85 bps to 14.15% in 2024, then jumped by 39 bps to 19.62% in 2025, then gained by 3 bps to 20.14% in 2026.
- The last three Net Margin figures came in at 20.14% (Q1 2026), 19.62% (Q4 2025), and 20.37% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 0.01% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 13.85% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 28.61% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 60.71% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 3.40% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 20.73% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 45.99% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -843.90% |
| 10 | Apa | 12.94 Bn | 13.59 Bn | 2.20 Bn | 20.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.14% |
| Dec 31, 2025 | 19.62% |
| Sep 30, 2025 | 20.37% |
| Jun 30, 2025 | 30.47% |
| 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% |
| Jun 30, 2021 | 17.73% |