Apa (APA) Net Margin (2020 - 2026)

Apa (APA) posted Net Margin of 20.14% for Q1 2026, up 2.65% sequentially from 19.62% in Q4 2025, and up 685.0% YoY from 2.57% in Q1 2025.

Apa (APA) Net Margin (2020 - 2026) Analysis & Trends

Apa has reported Net Margin for 7 years, with the latest figure at 20.14% in Q1 2026.

Quarterly Net Margin rose 685.0% year-over-year to 20.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.13% (up 1338.0% YoY) and the FY2025 annual result came in at 22.26%, up 1400.0% from the prior year.
Net Margin advanced to 20.14% in Q1 2026 per APA's latest filing, from 19.62% in the prior quarter.
Over five years, Net Margin peaked at 93.71% in Q4 2023 and troughed at 8.78% in Q3 2024.
A 5-year average of 23.14% and a median of 19.43% in 2023 frame the typical range for Net Margin.
The sharpest annual moves came in 2023 and 2024: Net Margin soared 7510 bps in 2023, then sank 7956 bps in 2024.
Over 5 years, Net Margin stood at 18.61% in 2022, then soared by 403 bps to 93.71% in 2023, then tumbled by 85 bps to 14.15% in 2024, then soared by 39 bps to 19.62% in 2025, then climbed by 3 bps to 20.14% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 20.14%, 19.62%, and 20.37% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Conocophillips	163.55 Bn	155.86 Bn	12.81 Bn	20.14%
2	Canadian Natural Resources	106.27 Bn	104.37 Bn	10.66 Bn	0.01%
3	Eog Resources	80.09 Bn	75.19 Bn	-	31.60%
4	Diamondback Energy	59.30 Bn	58.83 Bn	5.55 Bn	36.95%
5	Devon Energy	46.23 Bn	45.22 Bn	6.02 Bn	22.14%
6	Woodside Energy	45.77 Bn	39.83 Bn	6.02 Bn	32.93%
7	Occidental Petroleum	39.39 Bn	35.24 Bn	7.73 Bn	34.80%
8	Eqt	33.71 Bn	33.60 Bn	1.42 Bn	15.55%
9	Texas Pacific Land	25.43 Bn	25.18 Bn	-	62.56%
10	Apa	15.65 Bn	15.20 Bn	2.28 Bn	31.14%

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