Apa (APA) Return on Capital Employed (2020 - 2026)
Apa (APA) reported Return on Capital Employed of 10.24% for Q1 2026, down 84.0% on a YoY basis from 64.0% in Q1 2025, and up 30.23% sequentially from 7.86% in Q4 2025.
Apa (APA) Return on Capital Employed (2020 - 2026) Analysis & Trends
Apa (APA) has 7 years of Return on Capital Employed data on file, last reported at 10.24% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 84.0% year-over-year to 10.24%; the trailing twelve-month figure through Mar 2026 stood at 10.24% (down 84.0% YoY), and the FY2025 full-year result was 10.75%, up 7.0% from the prior year.
- Return on Capital Employed climbed to 10.24% in Q1 2026, from 7.86% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 47.74% in Q4 2022 to a low of 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.
- Across the five-year window, Return on Capital Employed surged 4620 bps in 2022 and slumped 2479 bps in 2023, its largest moves.
- Tracing APA's Return on Capital Employed over 5 years: stood at 47.74% in 2022, then retreated by 27 bps to 35.0% in 2023, then slumped by 67 bps to 11.61% in 2024, then plunged by 32 bps to 7.86% in 2025, then surged by 30 bps to 10.24% in 2026.
- Business Quant data shows APA's Return on Capital Employed at 10.24% in Q1 2026, 7.86% in Q4 2025, and 14.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 22.86% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 15.04% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | -0.44% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.41% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 10.19% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 39.41% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 10.92% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 17.11% |
| 10 | Apa | 12.27 Bn | 11.98 Bn | 2.14 Bn | 10.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 9.51% |