APA CORP (APA) Stock Fundamental Analysis

USA Nasdaq NASDAQ:APA • US03743Q1085

27.93 USD
+0.48 (+1.75%)
Last: Feb 11, 2026, 02:54 PM
Fundamental Rating

6

Overall APA gets a fundamental rating of 6 out of 10. We evaluated APA against 206 industry peers in the Oil, Gas & Consumable Fuels industry. While APA belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on APA. APA also has an excellent dividend rating. These ratings could make APA a good candidate for value and dividend investing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year APA was profitable.
  • In the past year APA had a positive cash flow from operations.
  • APA had positive earnings in 4 of the past 5 years.
  • APA had a positive operating cash flow in each of the past 5 years.
APA Yearly Net Income VS EBIT VS OCF VS FCFAPA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B -4B

1.2 Ratios

  • APA's Return On Assets of 8.53% is amongst the best of the industry. APA outperforms 85.44% of its industry peers.
  • With an excellent Return On Equity value of 25.30%, APA belongs to the best of the industry, outperforming 90.78% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 14.25%, APA belongs to the best of the industry, outperforming 92.72% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for APA is in line with the industry average of 22.01%.
  • The last Return On Invested Capital (14.25%) for APA is well below the 3 year average (23.28%), which needs to be investigated, but indicates that APA had better years and this may not be a problem.
Industry RankSector Rank
ROA 8.53%
ROE 25.3%
ROIC 14.25%
ROA(3y)16.94%
ROA(5y)4%
ROE(3y)330.44%
ROE(5y)N/A
ROIC(3y)23.28%
ROIC(5y)17.78%
APA Yearly ROA, ROE, ROICAPA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 400 600 800

1.3 Margins

  • APA has a Profit Margin of 15.65%. This is in the better half of the industry: APA outperforms 67.48% of its industry peers.
  • In the last couple of years the Profit Margin of APA has declined.
  • APA has a Operating Margin of 30.75%. This is in the better half of the industry: APA outperforms 75.73% of its industry peers.
  • APA's Operating Margin has improved in the last couple of years.
  • APA has a better Gross Margin (69.21%) than 77.67% of its industry peers.
  • APA's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 30.75%
PM (TTM) 15.65%
GM 69.21%
OM growth 3Y-0.88%
OM growth 5Y16.38%
PM growth 3Y-12.17%
PM growth 5YN/A
GM growth 3Y3.59%
GM growth 5Y-0.98%
APA Yearly Profit, Operating, Gross MarginsAPA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so APA is creating value.
  • APA has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, APA has less shares outstanding
  • Compared to 1 year ago, APA has an improved debt to assets ratio.
APA Yearly Shares OutstandingAPA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
APA Yearly Total Debt VS Total AssetsAPA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B

2.2 Solvency

  • APA has an Altman-Z score of 1.48. This is a bad value and indicates that APA is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of APA (1.48) is comparable to the rest of the industry.
  • APA has a debt to FCF ratio of 0.94. This is a very positive value and a sign of high solvency as it would only need 0.94 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.94, APA belongs to the top of the industry, outperforming 88.35% of the companies in the same industry.
  • A Debt/Equity ratio of 0.72 indicates that APA is somewhat dependend on debt financing.
  • The Debt to Equity ratio of APA (0.72) is worse than 63.11% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for APA, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 0.94
Altman-Z 1.48
ROIC/WACC1.93
WACC7.38%
APA Yearly LT Debt VS Equity VS FCFAPA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B

2.3 Liquidity

  • APA has a Current Ratio of 0.78. This is a bad value and indicates that APA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of APA (0.78) is worse than 69.42% of its industry peers.
  • APA has a Quick Ratio of 0.78. This is a bad value and indicates that APA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.63, APA is doing worse than 68.93% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.63
APA Yearly Current Assets VS Current LiabilitesAPA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

4

3. Growth

3.1 Past

  • APA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.98%.
  • The Earnings Per Share has been growing by 245758.95% on average over the past years. This is a very strong growth
  • The Revenue has been growing slightly by 4.88% in the past year.
  • Measured over the past years, APA shows a quite strong growth in Revenue. The Revenue has been growing by 8.45% on average per year.
EPS 1Y (TTM)-10.98%
EPS 3Y-1.22%
EPS 5Y245758.95%
EPS Q2Q%-7%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.84% on average over the next years.
  • The Revenue is expected to grow by 0.39% on average over the next years.
EPS Next Y-4.96%
EPS Next 2Y-21.16%
EPS Next 3Y-11.42%
EPS Next 5Y7.84%
Revenue Next Year1.89%
Revenue Next 2Y-9.65%
Revenue Next 3Y-4.16%
Revenue Next 5Y0.39%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
APA Yearly Revenue VS EstimatesAPA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2B 4B 6B 8B 10B
APA Yearly EPS VS EstimatesAPA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.65 indicates a rather cheap valuation of APA.
  • 87.86% of the companies in the same industry are more expensive than APA, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of APA to the average of the S&P500 Index (28.03), we can say APA is valued rather cheaply.
  • The Price/Forward Earnings ratio is 12.01, which indicates a correct valuation of APA.
  • 74.76% of the companies in the same industry are more expensive than APA, based on the Price/Forward Earnings ratio.
  • APA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.97.
Industry RankSector Rank
PE 7.65
Fwd PE 12.01
APA Price Earnings VS Forward Price EarningsAPA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 96.12% of the companies in the same industry are more expensive than APA, based on the Enterprise Value to EBITDA ratio.
  • APA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. APA is cheaper than 98.06% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.08
EV/EBITDA 2.57
APA Per share dataAPA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20 25

4.3 Compensation for Growth

  • APA has a very decent profitability rating, which may justify a higher PE ratio.
  • APA's earnings are expected to decrease with -11.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0
EPS Next 2Y-21.16%
EPS Next 3Y-11.42%

7

5. Dividend

5.1 Amount

  • APA has a Yearly Dividend Yield of 3.78%.
  • APA's Dividend Yield is a higher than the industry average which is at 3.64.
  • APA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 3.78%

5.2 History

  • The dividend of APA has a limited annual growth rate of 1.06%.
  • APA has paid a dividend for at least 10 years, which is a reliable track record.
  • APA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.06%
Div Incr Years0
Div Non Decr Years3
APA Yearly Dividends per shareAPA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 24.12% of the earnings are spent on dividend by APA. This is a low number and sustainable payout ratio.
  • The dividend of APA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP24.12%
EPS Next 2Y-21.16%
EPS Next 3Y-11.42%
APA Yearly Income VS Free CF VS DividendAPA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B -4B
APA Dividend Payout.APA Dividend Payout, showing the Payout Ratio.APA Dividend Payout.PayoutRetained Earnings

APA CORP

NASDAQ:APA (2/11/2026, 2:54:10 PM)

27.93

+0.48 (+1.75%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-05
Earnings (Next)02-25
Inst Owners99.46%
Inst Owner Change-0.92%
Ins Owners0.19%
Ins Owner Change2.21%
Market Cap9.91B
Revenue(TTM)9.64B
Net Income(TTM)1.51B
Analysts64.71
Price Target26.48 (-5.19%)
Short Float %9.58%
Short Ratio5.87
Dividend
Industry RankSector Rank
Dividend Yield 3.78%
Yearly Dividend1.06
Dividend Growth(5Y)1.06%
DP24.12%
Div Incr Years0
Div Non Decr Years3
Ex-Date01-22
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)48.1%
Min EPS beat(2)16.68%
Max EPS beat(2)79.53%
EPS beat(4)3
Avg EPS beat(4)25.8%
Min EPS beat(4)-19.51%
Max EPS beat(4)79.53%
EPS beat(8)4
Avg EPS beat(8)11.4%
EPS beat(12)8
Avg EPS beat(12)12.67%
EPS beat(16)10
Avg EPS beat(16)8.65%
Revenue beat(2)2
Avg Revenue beat(2)13.62%
Min Revenue beat(2)1.54%
Max Revenue beat(2)25.7%
Revenue beat(4)2
Avg Revenue beat(4)2.21%
Min Revenue beat(4)-12.36%
Max Revenue beat(4)25.7%
Revenue beat(8)3
Avg Revenue beat(8)-3.93%
Revenue beat(12)6
Avg Revenue beat(12)-0.81%
Revenue beat(16)10
Avg Revenue beat(16)3.56%
PT rev (1m)0.55%
PT rev (3m)4.99%
EPS NQ rev (1m)-9.7%
EPS NQ rev (3m)-14.25%
EPS NY rev (1m)-1.6%
EPS NY rev (3m)0.24%
Revenue NQ rev (1m)-6.9%
Revenue NQ rev (3m)-8.46%
Revenue NY rev (1m)-1.42%
Revenue NY rev (3m)-1.88%
Valuation
Industry RankSector Rank
PE 7.65
Fwd PE 12.01
P/S 1.03
P/FCF 2.08
P/OCF 2.08
P/B 1.66
P/tB 1.66
EV/EBITDA 2.57
EPS(TTM)3.65
EY13.07%
EPS(NY)2.32
Fwd EY8.32%
FCF(TTM)13.4
FCFY47.99%
OCF(TTM)13.46
OCFY48.18%
SpS27.18
BVpS16.82
TBVpS16.82
PEG (NY)N/A
PEG (5Y)0
Graham Number37.16
Profitability
Industry RankSector Rank
ROA 8.53%
ROE 25.3%
ROCE 19.57%
ROIC 14.25%
ROICexc 14.71%
ROICexgc 14.71%
OM 30.75%
PM (TTM) 15.65%
GM 69.21%
FCFM 49.31%
ROA(3y)16.94%
ROA(5y)4%
ROE(3y)330.44%
ROE(5y)N/A
ROIC(3y)23.28%
ROIC(5y)17.78%
ROICexc(3y)23.81%
ROICexc(5y)18.21%
ROICexgc(3y)23.81%
ROICexgc(5y)18.21%
ROCE(3y)31.97%
ROCE(5y)24.42%
ROICexgc growth 3Y-6.49%
ROICexgc growth 5Y26.52%
ROICexc growth 3Y-6.49%
ROICexc growth 5Y26.52%
OM growth 3Y-0.88%
OM growth 5Y16.38%
PM growth 3Y-12.17%
PM growth 5YN/A
GM growth 3Y3.59%
GM growth 5Y-0.98%
F-Score6
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF 0.94
Debt/EBITDA 0.8
Cap/Depr 0.79%
Cap/Sales 0.2%
Interest Coverage 9.29
Cash Conversion 89.12%
Profit Quality 315.04%
Current Ratio 0.78
Quick Ratio 0.63
Altman-Z 1.48
F-Score6
WACC7.38%
ROIC/WACC1.93
Cap/Depr(3y)158.67%
Cap/Depr(5y)126.26%
Cap/Sales(3y)26.67%
Cap/Sales(5y)24.66%
Profit Quality(3y)61.5%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.98%
EPS 3Y-1.22%
EPS 5Y245758.95%
EPS Q2Q%-7%
EPS Next Y-4.96%
EPS Next 2Y-21.16%
EPS Next 3Y-11.42%
EPS Next 5Y7.84%
Revenue 1Y (TTM)4.88%
Revenue growth 3Y6.84%
Revenue growth 5Y8.45%
Sales Q2Q%2.77%
Revenue Next Year1.89%
Revenue Next 2Y-9.65%
Revenue Next 3Y-4.16%
Revenue Next 5Y0.39%
EBIT growth 1Y-9.93%
EBIT growth 3Y5.9%
EBIT growth 5Y26.21%
EBIT Next Year51.3%
EBIT Next 3Y10.02%
EBIT Next 5Y12.12%
FCF growth 1Y334.95%
FCF growth 3Y-33.24%
FCF growth 5YN/A
OCF growth 1Y35.91%
OCF growth 3Y1.17%
OCF growth 5Y4.77%

APA CORP / APA FAQ

Can you provide the ChartMill fundamental rating for APA CORP?

ChartMill assigns a fundamental rating of 6 / 10 to APA.


What is the valuation status for APA stock?

ChartMill assigns a valuation rating of 7 / 10 to APA CORP (APA). This can be considered as Undervalued.


Can you provide the profitability details for APA CORP?

APA CORP (APA) has a profitability rating of 7 / 10.


What is the valuation of APA CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for APA CORP (APA) is 7.65 and the Price/Book (PB) ratio is 1.66.


Can you provide the expected EPS growth for APA stock?

The Earnings per Share (EPS) of APA CORP (APA) is expected to decline by -4.96% in the next year.