APA Corporation

$44.18

-1.15%

N/A-$0.52

Energy

Oil & Gas Exploration & Production

NASDAQ

Active Trading

APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, ...

Snapshot

Latest / TTM · 6 periods

Market Cap

$15.62B

ROCE

6.7%

EV / EBITDA

3.56x

-10.0% YoY

FCF Yield

13.5%

-6.8% YoY

Cash Conversion Cycle

31.6d

Current Ratio

0.95

Quick take

TTM —

Current ratio below 1.0

Negative working capital

Key Metrics

Latest / TTM · 6 periods

Valuation trend table

Metric	2021	2022	2023	2024	2025	TTM
Market CapTotal market value of all shares outstanding.	$10.06B	$15.50B	$11.05B	$8.15B	$8.78B	$15.62B
Enterprise ValueCompany value including debt and cash adjustments.	$17.36B	$20.87B	$16.27B	$13.69B	$13.08B	$19.05B
EV / SalesHow many dollars investors pay per dollar of sales.	2.17x	1.88x	1.96x	1.41x	1.47x	2.16x
EV / EBITDAValuation multiple versus operating earnings before non-cash charges.	4.74x	2.74x	3.42x	3.28x	2.41x	3.56x
Net Debt / EBITDALeverage ratio using net debt divided by EBITDA.	2.00	0.71	1.10	1.33	0.79	0.64

ROCE latest

6.7%

Prev year 16.7%

Returns + ROCE gauge table

Metric	2021	2022	2023	2024	2025	TTM
ROEProfit generated from shareholders' equity.	-71.2%	868.6%	107.5%	15.2%	23.5%	26.3%
ROAProfit generated from total assets.	8.5%	27.9%	18.7%	4.1%	7.5%	9.3%
ROICReturn generated on invested operating capital.	18.6%	49.0%	35.4%	10.6%	14.3%	17.8%
ROCEOperating return on long-term capital used.	24.1%	49.7%	26.2%	19.5%	16.7%	6.7%
Earnings YieldEarnings as a percentage of market value.	11.3%	23.7%	25.8%	9.9%	16.3%	10.8%

Cash flow quality table

Metric	2021	2022	2023	2024	2025	TTM
FCFFCash flow available to all capital providers.	$2.68B	$2.77B	$1.14B	$985.04M	$1.95B	$2.27B
FCFECash flow available to equity holders after debt flows.	$983.00M	$1.08B	$513.00M	$-544.00M	$376.00M	$1.29B
FCF YieldFree cash flow divided by market capitalization.	23.7%	16.4%	7.0%	9.4%	20.3%	13.5%
Income QualityHow well accounting earnings are backed by cash flow.	2.66	1.21	0.98	3.24	3.17	2.35
Capex / OCFShare of operating cash flow spent on capital expenditures.	31.8%	48.5%	75.3%	78.8%	60.9%	53.4%

Operating efficiency table

Metric	2021	2022	2023	2024	2025	TTM
DSOAverage days to collect cash from customers.	63.7d	48.3d	71.0d	73.4d	43.5d	55.9d
DIOAverage days inventory stays before being sold.	38.8d	32.3d	40.8d	28.5d	22.9d	25.0d
DPOAverage days the company takes to pay suppliers.	60.0d	58.4d	59.3d	82.2d	56.9d	49.3d
Operating CycleTime from buying inventory to collecting receivables.	102.6d	80.7d	111.8d	102.0d	66.4d	80.9d
Cash Conversion CycleNet days cash is tied in operations.	42.5d	22.3d	52.5d	19.8d	9.5d	31.6d