Apa (APA) Return on Capital Employed (2020 - 2026)
Apa (APA) posted Return on Capital Employed of 10.24% for Q1 2026, up 30.23% sequentially from 7.86% in Q4 2025, and down 84.0% YoY from 64.0% in Q1 2025.
Apa (APA) Return on Capital Employed (2020 - 2026) Analysis & Trends
Apa has reported Return on Capital Employed for 7 years, with the latest figure at 10.24% in Q1 2026.
- Quarterly Return on Capital Employed fell 84.0% year-over-year to 10.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.24% (down 84.0% YoY) and the FY2025 annual result came in at 10.75%, up 7.0% from the prior year.
- Return on Capital Employed climbed to 10.24% in Q1 2026 per APA's latest filing, from 7.86% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 47.74% in Q4 2022 and troughed at 7.3% in Q2 2025.
- A 5-year average of 23.93% and a median of 24.01% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 4620 bps in 2022, then plunged 2479 bps in 2023.
- Over 5 years, Return on Capital Employed stood at 47.74% in 2022, then dropped by 27 bps to 35.0% in 2023, then sank by 67 bps to 11.61% in 2024, then tumbled by 32 bps to 7.86% in 2025, then surged by 30 bps to 10.24% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 10.24%, 7.86%, and 14.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 28.17% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 18.27% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 1.68% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 9.42% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 5.58% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 10.19% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.30% |
| 10 | Apa | 15.35 Bn | 14.91 Bn | 2.28 Bn | 16.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.66% |
| Mar 31, 2026 | 10.24% |
| Dec 31, 2025 | 7.86% |
| Sep 30, 2025 | 14.70% |
| Jun 30, 2025 | 7.30% |
| Mar 31, 2025 | 11.08% |
| Dec 31, 2024 | 11.61% |
| Sep 30, 2024 | 18.88% |
| Jun 30, 2024 | 30.26% |
| Mar 31, 2024 | 28.78% |
| Dec 31, 2023 | 35.00% |
| Sep 30, 2023 | 21.70% |
| Jun 30, 2023 | 24.76% |
| Mar 31, 2023 | 31.76% |
| Dec 31, 2022 | 47.74% |
| Sep 30, 2022 | 46.49% |
| Jun 30, 2022 | 34.65% |
| Mar 31, 2022 | 24.01% |
| Dec 31, 2021 | 1.54% |
| Sep 30, 2021 | 5.22% |