Operating Income for APA (APA)
According to APA's latest reported financial statements, the company's current operating income (TTM) is $2.76B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
APA
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.76B
YoY change
-14.0%
5Y CAGR
+73.9%
Peak year (2011)
$8.31B
Cumulative operating income
$68.86B
Operating Income history chart for APA (APA) from 1985 to 2025
Operating Income history table for APA (APA) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.75B | -14.0% | ||
| 2024 | $3.20B | -4.7% | ||
| 2023 | $3.36B | -33.9% | ||
| 2022 | $5.08B | +88.8% | ||
| 2021 | $2.69B | +1456.1% | ||
| 2020 | $173.00M | -61.1% | ||
| 2019 | $445.00M | -77.4% | ||
| 2018 | $1.97B | +176.5% | ||
| 2017 | $712.00M | -594.4% | ||
| 2016 | -$144.00M | -93.8% | ||
| 2015 | -$2.33B | -198.9% | ||
| 2014 | $2.36B | -43.4% | ||
| 2013 | $4.17B | -18.6% | ||
| 2012 | $5.12B | -38.4% | ||
| 2011 | $8.31B | +48.0% | ||
| 2010 | $5.62B | +889.1% | ||
| 2009 | $568.00M | -52.2% | ||
| 2008 | $1.19B | -76.0% | ||
| 2007 | $4.95B | +14.5% | ||
| 2006 | $4.33B | -1.2% | ||
| 2005 | $4.38B | +51.1% | ||
| 2004 | $2.90B | +41.7% | ||
| 2003 | $2.04B | +95.5% | ||
| 2002 | $1.05B | -24.7% | ||
| 2001 | $1.39B | +6.6% | ||
| 2000 | $1.30B | +205.2% | ||
| 1999 | $426.84M | -464.7% | ||
| 1998 | -$117.03M | -135.6% | ||
| 1997 | $329.00M | +28.7% | ||
| 1996 | $255.60M | +135.4% | ||
| 1995 | $108.60M | +30.2% | ||
| 1994 | $83.40M | +7.6% | ||
| 1993 | $77.50M | +14.1% | ||
| 1992 | $67.90M | +0.6% | ||
| 1991 | $67.50M | +17.4% | ||
| 1990 | $57.50M | +79.7% | ||
| 1989 | $32.00M | +49.5% | ||
| 1988 | $21.40M | -116.7% | ||
| 1987 | -$128.50M | +2419.6% | ||
| 1986 | -$5.10M | -133.8% | ||
| 1985 | $15.10M | — |
Operating Income 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
In 2025, APA (APA) operating income totalled $2.75B – declined 14.0% year-over-year.
APA operating income compound annual growth for the 2020–2025 (5 years) window is +73.9%, with the latest reading among the more recent periods of the dataset.
Between 2011 and 2025, APA operating income plunged 66.9%, falling from $8.31B to $2.75B.
The dataset's maximum operating income sits at $8.31B (2011); the minimum reading of -$2.33B dates to 2015.
Among 8 Energy peers, APA (APA) ranks 9th; the peer median for operating income is $9.44B.
APA Operating Income by Year
APA Operating Income 2025: $2.75B
APA operating income in 2025 was $2.75B, declined 14.0% below 2024.
APA Operating Income 2024: $3.20B
APA operating income in 2024 was $3.20B, edged down 4.7% below 2023.
APA Operating Income 2023: $3.36B
APA operating income in 2023 was $3.36B, plunged 33.9% below 2022.
APA Operating Income 2022: $5.08B
APA operating income in 2022 was $5.08B, surged 88.8% from 2021.
APA Operating Income 2021: $2.69B
APA operating income in 2021 was $2.69B.
See more financial history for APA (APA).
Sector peers — Operating Income
Companies in the same sector as APA, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $33.94B | Energy |
| Chevron Corporation (CVX) | $16.67B | Energy |
| ConocoPhillips (COP) | $11.49B | Energy |
| Enbridge Inc. (ENB) | $10.96B | Energy |
| EOG Resources, Inc. (EOG) | $7.93B | Energy |
| SLB N.V. (SLB) | $5.46B | Energy |
| The Williams Companies, Inc. (WMB) | $4.40B | Energy |
| Valero Energy Corporation (VLO) | $4.31B | Energy |
Frequently asked questions
What is APA's operating income?
- Latest reported operating income for APA (APA) is $2.76B (period ending December 31, 2025).
How has APA operating income changed year-over-year?
- APA (APA) operating income changed -14.0% year-over-year on the latest annual filing.
What is the long-term growth rate of APA operating income?
- APA (APA) operating income compound annual growth rate is +73.9% over the most recent 5 years available.
When did APA operating income hit its highest annual value?
- APA operating income reached its highest annual value of $8.31B in 2011.
What was APA operating income in 2024?
- APA (APA) operating income in 2024 was $3.20B.
What was APA operating income in 2025?
- APA (APA) operating income in 2025 was $2.75B.
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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