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NASDAQ NMS - GLOBAL MARKET · Energy · CIK 0001841666
$49.44
-0.38% · delayed ~15 min
Last price from Oct 22, 2026
$17.45B market value
From APA Corp's FY2025 10-K, filed Feb 26, 2026 · read the filing
APA drills for oil and natural gas.
The financial picture is led by profitability and debt.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From APA Corp's FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Profit
$804.0M → $1.43B
Free cash flow
$769.0M → $1.80B
Earnings per share
$2.20 → $4.06
Operating income
$2.44B → $3.09B
Measured against FY2024, from the 10-K filed Feb 26, 2026
Improved: +78.4%
$804.0M to $1.43BCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote delayed ~15 min), and what was published around it
APA fell 0.38% on the latest quote. The average Energy company tracked here moved −1.03%, and the S&P 500 −1.04%. That is 0.6 points above its sector and 0.7 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to shrink by about 1% a year for the next 10 years. Over the last 6 years it grew by about 37% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It earned $1.43B last year.
Not enough history has been reported to judge growth.
No. Its borrowings would take under a year of cash flow to clear. For every $1 it owes, it owns $1.52 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 25 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 8% of the cash its operations generated. It has paid in each of the last 7 years.
GoodNext payment expected around , projected from how regularly it has paid before rather than from a date the company has announced.
Figures from the FY2025 annual filing
Last year it earned $1.43B and generated $4.54B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 26, 2026Filing for FY2025 | FY202410-K · Feb 26, 2026Filing for FY2024 | FY202310-K · Feb 26, 2026Filing for FY2023 | FY202210-K · Feb 22, 2024Filing for FY2022 | FY202110-K · Feb 22, 2024Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| Selling, general and administrative | $350.0M | $372.0M | $351.0M | $483.0M | $376.0M | −5.9% |
| Operating income | $3.09B | $2.44B | $3.70B | $5.57B | $2.86B | +26.3% |
| Interest expense | $323.0M | $402.0M | $351.0M | $332.0M | $419.0M | −19.7% |
| Income before tax | $2.79B | $1.53B | $2.88B | $5.73B | $1.89B | +81.8% |
| Net income | $1.43B | $804.0M | $2.85B | $4.08B | $1.31B | +78.4% |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $4.06 | $2.20 | $9.40 | $13.10 | $3.78 | +84.6% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| APAAPA Corp · this page | 10.0/10 | 6/7 | — | — | 12.17x | 1.91x |
| EXEEXPAND ENERGY Corp |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Was granted or awarded shares — 1,203 shares
Holds 90,969 shares after this filing.
Was granted or awarded shares — 1,203 shares
Holds 15,260 shares after this filing.
Was granted or awarded shares — 1,203 shares
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Published results
Read the filingQuarterly report for Q2 FY2026
Operating income +73.2% · Cash +315.0% · Profit +23.9% — against Q2 FY2025
Read the filingWrite down why you are following APA Corp, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
Coverage from the last 30 days
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10 S&P 500 Stocks Seeing The Biggest Estimate Hikes Ahead Of Earnings
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Susquehanna Maintains Positive on APA, Raises Price Target to $58
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APA (APA) Surpasses Market Returns: Some Facts Worth Knowing
Yahoo ·
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from APA's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 26, 2026), reported under the US GAAP taxonomy. View the source filing. Total liabilities were not tagged directly and were calculated as assets minus equity.
2 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Growth and Accounting had too few reported figures and are left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 7 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 10.0 | 6/7 | 10-K, filed Feb 26, 2026 |
| FY2024 | 6.0 | 5/7 | 10-K, filed Feb 28, 2025 |
| FY2023 | 10.0 | 5/7 | 10-K, filed Feb 22, 2024 |
| FY2022 | 10.0 | 6/7 | 10-K, filed Feb 23, 2023 |
| FY2021 | 6.0 | 6/7 | 10-K, filed Feb 22, 2022 |
| FY2020 | 2.0 | 3/5 | 10-K, filed Feb 22, 2022 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
6 of 7 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. 2 could not be evaluated and are excluded from the total rather than counted as failures.
1.42
In the grey zone
For this model, above 2.6 is safe and below 1.1 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Improved: +134.7%
$769.0M to $1.80BCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +84.6%
$2.20 to $4.06Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +26.3%
$2.44B to $3.09BSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: -28.6%
$5.99B to $4.28BSignificant
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Deteriorated: -17.4%
$625.0M to $516.0MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: -3.4%
365.4M to 353.0MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Aug 6, 2026 — read it.
Improved: +73.2%
$739.0M to $1.28BCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +315.0%
$107.0M to $444.0MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +23.9%
$603.0M to $747.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +26.7%
$1.67 to $2.12Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: -12.8%
$4.29B to $3.74BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: -2.2%
361.0M to 353.0MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Aug 6, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +67.5%
$446.0M to $747.0MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +68.0%
$1.26 to $2.12Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +51.5%
$293.0M to $444.0MCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +21.3%
$1.05B to $1.28BSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: -12.6%
$4.28B to $3.74BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
2 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
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Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between -3% and 1%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 33 analysts covering this company, as of . Their views, not this site's.
Of 33 analysts publishing on this company, 5 say strong buy, 8 say buy, 17 say hold and 3 say sell. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 7.2% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 8.7x — investors pay $8.7 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 7/8 |
| 186.3% |
| 15.0% |
| 11.89x |
| 0.52x |
| PRPermian Resources Corp | 8.7/10 | 4/8 | 1.3% | 18.5% | 19.61x | 0.62x |
|---|
| OVVOvintiv Inc. | 7.3/10 | 7/8 | -3.1% | 14.3% | 14.13x | 0.82x |
|---|
| ARANTERO RESOURCES Corp | 10.0/10 | 8/8 | 22.0% | 12.8% | 17.85x | 0.73x |
|---|
| RRCRANGE RESOURCES CORP | 10.0/10 | 7/9 | 27.3% | 22.0% | 15.69x | 0.72x |
|---|
| Median of peers | 10.0/10 | — | 22.0% | 15.0% | 15.69x | 0.72x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Holds 33,074 shares after this filing.
Was granted or awarded shares — 1,203 shares
Holds 246,547 shares after this filing.
Was granted or awarded shares — 1,804 shares
Holds 57,827 shares after this filing.
Was granted or awarded shares — 1,203 shares
Holds 103,649 shares after this filing.
Was granted or awarded shares — 1,203 shares
Holds 32,780 shares after this filing.
Was granted or awarded shares — 1,203 shares
Holds 19,907 shares after this filing.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results
Published results
Read the filingHad a director or senior officer leave or join · Held a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Free cash flow -96.2% · Cash +337.3% · Operating income +22.0% — against Q1 FY2026
Read the filingPublished results
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingAnnual report for FY2025
Profit +78.4% · Free cash flow +134.7% · Earnings per share +84.6% — against FY2024
Read the filingPublished results
Read the filingPublished results
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingQuarterly report for Q3 FY2025
Operating income turned positive · Profit turned positive · Earnings per share turned positive — against Q3 FY2025
Read the filingPublished results
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2025
Operating income -24.5% · Long-term debt -36.4% · Cash -33.1% — against Q2 FY2025
Read the filingPublished results
Read the filingHad a director or senior officer leave or join
Read the filingHad a director or senior officer leave or join
Read the filingPrimary sources and further research