How does APA (APA) make money?

APA (APA) primarily makes money through Oil and Gas, which accounts for 50% of total revenue. For TTM through Q4 2025, APA generated $8.92B in total revenue with a net profit margin of 16.1%.

What is APA (APA) gross profit margin?

APA (APA) reported a gross profit margin of 38.1% for TTM through Q4 2025, equivalent to $3.40B in gross profit. This means APA retains 38.1% of each revenue unit after direct costs of production.

What is APA (APA) operating profit margin?

APA (APA) reported an operating profit margin of 30.9% for TTM through Q4 2025, equivalent to $2.76B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is APA (APA) net profit margin?

APA (APA) reported a net profit margin of 16.1% for TTM through Q4 2025, equivalent to $1.43B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does APA (APA) spend on capital expenditures?

APA (APA) spent $2.77B on capital expenditures in TTM through Q4 2025 (31.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is APA (APA) free cash flow?

APA (APA) generated $1.78B in free cash flow for TTM through Q4 2025 (19.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is APA (APA) effective tax rate?

APA (APA) had an effective tax rate of 39.4% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How APA (APA) Makes Money: A Visual Guide

APA (APA) generated $8.92B in revenue, earning $1.43B in net profit (16.1% margin). Its largest revenue source is Oil and Gas (50% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

APA (APA) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 26, 2026).

Frequently asked questions

How does APA (APA) make money?: APA (APA) primarily makes money through Oil and Gas, which accounts for 50% of total revenue. For TTM through Q4 2025, APA generated $8.92B in total revenue with a net profit margin of 16.1%.
What is APA (APA) gross profit margin?: APA (APA) reported a gross profit margin of 38.1% for TTM through Q4 2025, equivalent to $3.40B in gross profit. This means APA retains 38.1% of each revenue unit after direct costs of production.
What is APA (APA) operating profit margin?: APA (APA) reported an operating profit margin of 30.9% for TTM through Q4 2025, equivalent to $2.76B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is APA (APA) net profit margin?: APA (APA) reported a net profit margin of 16.1% for TTM through Q4 2025, equivalent to $1.43B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does APA (APA) spend on capital expenditures?: APA (APA) spent $2.77B on capital expenditures in TTM through Q4 2025 (31.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is APA (APA) free cash flow?: APA (APA) generated $1.78B in free cash flow for TTM through Q4 2025 (19.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is APA (APA) effective tax rate?: APA (APA) had an effective tax rate of 39.4% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.