Gross Profit for APA (APA)
According to APA's latest reported financial statements, the company's current gross profit (TTM) is $3.40B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
APA
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.40B
YoY change
-22.6%
5Y CAGR
+29.8%
Peak year (2008)
$10.32B
Cumulative gross profit
$123.38B
Gross Profit history chart for APA (APA) from 1985 to 2025
Gross Profit history table for APA (APA) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.33B | -22.6% | ||
| 2024 | $4.30B | +1.8% | ||
| 2023 | $4.23B | -32.4% | ||
| 2022 | $6.25B | +76.7% | ||
| 2021 | $3.54B | +291.2% | ||
| 2020 | $905.00M | -52.8% | ||
| 2019 | $1.92B | -39.3% | ||
| 2018 | $3.16B | +55.6% | ||
| 2017 | $2.03B | +92.2% | ||
| 2016 | $1.05B | -155.6% | ||
| 2015 | -$1.90B | -133.0% | ||
| 2014 | $5.76B | -3.5% | ||
| 2013 | $5.97B | -7.7% | ||
| 2012 | $6.47B | -33.4% | ||
| 2011 | $9.71B | +40.9% | ||
| 2010 | $6.89B | -18.7% | ||
| 2009 | $8.47B | -17.9% | ||
| 2008 | $10.32B | +26.9% | ||
| 2007 | $8.14B | +23.2% | ||
| 2006 | $6.61B | +2.5% | ||
| 2005 | $6.44B | +46.9% | ||
| 2004 | $4.39B | +27.9% | ||
| 2003 | $3.43B | +66.6% | ||
| 2002 | $2.06B | -13.1% | ||
| 2001 | $2.37B | +16.8% | ||
| 2000 | $2.03B | +82.8% | ||
| 1999 | $1.11B | +59.9% | ||
| 1998 | $694.26M | -8.1% | ||
| 1997 | $755.10M | +23.4% | ||
| 1996 | $611.70M | +36.7% | ||
| 1995 | $447.40M | +26.1% | ||
| 1994 | $354.80M | +22.0% | ||
| 1993 | $290.90M | +5.3% | ||
| 1992 | $276.30M | +12.1% | ||
| 1991 | $246.50M | +25.9% | ||
| 1990 | $195.80M | +29.1% | ||
| 1989 | $151.70M | +52.5% | ||
| 1988 | $99.50M | +32.7% | ||
| 1987 | $75.00M | -23.9% | ||
| 1986 | $98.60M | -13.1% | ||
| 1985 | $113.50M | — |
Gross Profit values are taken from APA's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for APA (APA) came in at $3.33B – declined 22.6% year-over-year.
APA gross profit has recorded the values shown across consecutive periods, with a +29.8% compound annual growth rate over 2020–2025 (5 years).
APA gross profit peaked at $10.32B in 2008; the latest annual figure is $3.33B in 2025 (67.8% below peak).
$10.32B stands as the all-time-high annual gross profit, posted in 2008, against a low of -$1.90B during 2015.
Within Energy, APA (APA) ranks 9th among 8 peers we track. The peer median for gross profit is $14.92B.
APA Gross Profit by Year
APA Gross Profit 2025: $3.33B
APA gross profit in 2025 was $3.33B, declined 22.6% below 2024.
APA Gross Profit 2024: $4.30B
APA gross profit in 2024 was $4.30B, edged up 1.8% from 2023.
APA Gross Profit 2023: $4.23B
APA gross profit in 2023 was $4.23B, plunged 32.4% below 2022.
APA Gross Profit 2022: $6.25B
APA gross profit in 2022 was $6.25B, surged 76.7% from 2021.
APA Gross Profit 2021: $3.54B
APA gross profit in 2021 was $3.54B.
See more financial history for APA (APA).
Sector peers — Gross Profit
Companies in the same sector as APA, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is APA's gross profit?
- Latest reported gross profit for APA (APA) is $3.40B (period ending December 31, 2025).
How has APA gross profit changed year-over-year?
- APA (APA) gross profit changed -22.6% year-over-year on the latest annual filing.
What is the long-term growth rate of APA gross profit?
- APA (APA) gross profit compound annual growth rate is +29.8% over the most recent 5 years available.
When did APA gross profit hit its highest annual value?
- APA gross profit reached its highest annual value of $10.32B in 2008.
What was APA gross profit in 2024?
- APA (APA) gross profit in 2024 was $4.30B.
What was APA gross profit in 2025?
- APA (APA) gross profit in 2025 was $3.33B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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