APA
APA · NasdaqCrude Petroleum & Natural Gas · Fiscal year ends Dec 31
Net income was $1.4B. Net debt was $4B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating income | $2.9B | $5.6B | $3.7B | $2.4B | $3.1B |
| Interest expense | $419M | $332M | $351M | $402M | $323M |
| Pre-tax income | $1.9B | $5.7B | $2.9B | $1.5B | $2.8B |
| Income tax | $578M | $1.7B | −$324M | $417M | $1.1B |
| Net income | $1.3B | $4.1B | $2.9B | $804M | $1.4B |
| Diluted EPS | 2.59 | 11.02 | 9.25 | 2.27 | 3.99 |
| Diluted shares | 375M | 333M | 309M | 353M | 359M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $302M | $245M | $87M | $625M | $516M |
| Receivables | $1.4B | $1.5B | $1.6B | $2B | $1.1B |
| Inventory | $473M | $427M | $453M | $425M | $351M |
| Current assets | $2.4B | $2.7B | $2.5B | $3.4B | $2.1B |
| Goodwill | $0 | $0 | – | – | – |
| Total assets | $13.3B | $13.1B | $15.2B | $19.4B | $17.8B |
| Payables | $731M | $771M | $658M | $1.2B | $871M |
| Current liabilities | $2.1B | $2.9B | $2.4B | $3B | $2.6B |
| Short-term debt | $215M | $2M | $2M | $53M | $213M |
| Long-term debt | $7.3B | $5.5B | $5.2B | $6B | $4.3B |
| Shareholders' equity | −$1.6B | $423M | $2.7B | $5.3B | $6.1B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $3.5B | $4.9B | $3.1B | $3.6B | $4.5B |
| Depreciation & amortisation | $1.4B | $1.2B | $1.5B | $2.3B | $2.3B |
| Stock-based compensation | $175M | $348M | $84M | $49M | $107M |
| Dividends paid | $52M | $207M | $308M | $353M | $360M |
| Dividend per share | 0.24 | 0.75 | 1.00 | 1.00 | 1.00 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating income growth (YoY) | – | 94.6% | −33.6% | −33.9% | 26.3% |
| EPS growth (YoY) | – | 325.5% | −16.1% | −75.5% | 75.8% |
| Return on equityBlank when equity is negative | – | 965.0% | 107.5% | 15.2% | 23.5% |
| ROCEEBIT ÷ (assets − current liabilities) | 25.6% | 54.4% | 28.8% | 14.9% | 20.3% |
| Cash conversion (CFO ÷ net income) | 2.66x | 1.21x | 1.10x | 4.50x | 3.17x |
| Interest cover | 6.83x | 16.8x | 10.5x | 6.08x | 9.56x |
| Debt ÷ equity | – | 12.9x | 1.95x | 1.14x | 0.74x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $7.2B | $5.2B | $5.1B | $5.4B | $4B |
| Current ratio | 1.12x | 0.93x | 1.02x | 1.15x | 0.82x |
Recent filings
More in Crude Petroleum & Natural Gas
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.