Apa (APA) Return on Equity [ROE] (2022 - 2026)
Apa's Return on Equity [ROE] came in at 25.80% for Q2 2026, up 5.31 percentage points from 20.48% a year earlier and up 0.56 percentage points from the prior quarter.
Apa (APA) Return on Equity [ROE] (2022 - 2026) Analysis & Trends
For FY2025, Apa's Return on Equity [ROE] was 25.32%, up 3.08 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +282.07 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 22.24% in FY2024 (-105.12 pp), 127.36% in FY2023 (-1172.64 pp) and 1300.00% in FY2022.
- The five-year range for quarterly Return on Equity [ROE] is 17.86% (Q4 2024) to 4161.48% (Q1 2022).
- Year-over-year, Return on Equity [ROE] has increased for three consecutive quarters, with an average year-over-year change of -32.06 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2025 (a gain of 6.55 percentage points), and the weakest in Q1 2023 (a drop of 3984.23 percentage points).
- Business Quant data shows APA's Return on Equity [ROE] at 25.23% (Q1 2026), 24.41% (Q4 2025) and 25.95% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 14.68% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 10.89% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 14,127,795.78% |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 82.76% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 20.86% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 23.06% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 103.28% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 23.72% |
| 10 | Apa | 14.55 Bn | 13.75 Bn | 2.28 Bn | 25.80% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.80% |
| Mar 31, 2026 | 25.23% |
| Dec 31, 2025 | 24.41% |
| Sep 30, 2025 | 25.95% |
| Jun 30, 2025 | 20.48% |
| Mar 31, 2025 | 20.65% |
| Dec 31, 2024 | 17.86% |
| Sep 30, 2024 | 40.41% |
| Jun 30, 2024 | 64.07% |
| Mar 31, 2024 | 84.23% |
| Dec 31, 2023 | 110.62% |
| Sep 30, 2023 | 98.97% |
| Jun 30, 2023 | 118.70% |
| Mar 31, 2023 | 177.25% |
| Dec 31, 2022 | 281.91% |
| Sep 30, 2022 | 263.61% |
| Jun 30, 2022 | 294.27% |
| Mar 31, 2022 | 4,161.48% |
Apa Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=APA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "APA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();