APA Corporation (APA) Operating Margin: 34.63%
Is APA Corporation’s operating margin high or low?
APA Corporation's operating margin of 34.63% is 11% above its 5-year average of 31.29%, near the high end of its 5-year range (3.90%–45.89%).
As of Wednesday, June 24, 2026. 8.76% above its 12-month average of 31.84%.
APA Operating Margin Chart
Reported annual fiscal-period values; no daily interpolation.
APA Average Operating Margin Chart
APA Current vs Average Operating Margin Chart
APA Operating Margin Metrics
OPERATING MARGIN
34.63%
OPERATING MARGIN AVG TTM
31.84%
OPERATING MARGIN AVG 3Y
37.53%
OPERATING MARGIN AVG 5Y
31.29%
OPERATING MARGIN AVG 10Y
17.66%
OPERATING MARGIN AVG 15Y
26.95%
OPERATING MARGIN AVG 20Y
25.94%
CURRENT VS TTM AVG
+8.76%
CURRENT VS 3Y AVG
-7.73%
CURRENT VS 5Y AVG
+10.67%
CURRENT VS 10Y AVG
+96.12%
CURRENT VS 15Y AVG
+28.50%
CURRENT VS 20Y AVG
+33.48%
APA Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $12.10B | 34.63% | 31.84% | 37.53% | 31.29% |
| Antero Midstream Corporation (AM)vs › | $10.55B | 57.56% | 53.61% | 54.17% | 43.65% |
| Weatherford International plc (WFRD)vs › | $6.43B | 15.11% | 16.19% | 14.46% | 3.45% |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 6.81% | 8.49% | 13.92% | 15.90% |
| California Resources Corp (CRC)vs › | $4.70B | 20.70% | 22.83% | 29.75% | 25.77% |
| Helmerich & Payne, Inc. (HP)vs › | $3.56B | -1.85% | 11.29% | 11.09% | -4.30% |
| Centrus Energy Corp. (LEU)vs › | $3.36B | 6.74% | 11.02% | 14.68% | 17.04% |
| Expand Energy Corporation (EXE)vs › | $21.23B | 28.96% | -0.77% | 17.98% | -10.55% |
| Array Technologies, Inc. (ARRY)vs › | $1.22B | 4.24% | -9.52% | -1.64% | 0.24% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -49.82% | -4.38% | 0.71% | 1.87% |
Operating Efficiency
Gross Margin
53.9%
Operating Margin
34.6%
APA Corporation Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
APA Corporation Operating Margin FAQ
- What is the operating margin for APA Corporation (APA)?
- The operating margin for APA stock is 34.63%.
- Is APA Corporation's operating margin high or low?
- APA Corporation's operating margin of 34.63% is 11% above its 5-year average of 31.29%, near the high end of its 5-year range (3.90%–45.89%).
- What is the TTM average operating margin for APA Corporation (APA)?
- The TTM average operating margin for APA stock is 31.84%.
- What is the 3Y average operating margin for APA Corporation (APA)?
- The 3Y average operating margin for APA stock is 37.53%.
- What is the 5Y average operating margin for APA Corporation (APA)?
- The 5Y average operating margin for APA stock is 31.29%.
- What is the 10Y average operating margin for APA Corporation (APA)?
- The 10Y average operating margin for APA stock is 17.66%.
- What is the 15Y average operating margin for APA Corporation (APA)?
- The 15Y average operating margin for APA stock is 26.95%.
- What is the 20Y average operating margin for APA Corporation (APA)?
- The 20Y average operating margin for APA stock is 25.94%.
APA Corporation Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 30.83% |
| 2024-12-31 | 32.85% |
| 2023-12-31 | 40.56% |
| 2022-12-31 | 45.89% |
| 2021-12-31 | 33.71% |
| 2020-12-31 | 3.90% |
| 2019-12-31 | 6.86% |
| 2018-12-31 | 26.80% |
| 2017-12-31 | 12.09% |
| 2016-12-31 | -2.68% |
| 2015-12-31 | -36.58% |
| 2014-12-31 | 18.44% |
| 2013-12-31 | 28.23% |
| 2012-12-31 | 31.18% |
| 2011-12-31 | 49.46% |
| 2010-12-31 | 46.11% |
| 2009-12-31 | 6.59% |
| 2008-12-31 | 9.60% |
| 2007-12-31 | 49.70% |
| 2006-12-31 | 53.57% |
| 2005-12-31 | 57.70% |
| 2004-12-31 | 54.32% |
| 2003-12-31 | 48.78% |
| 2002-12-31 | 40.85% |
| 2001-12-31 | 49.99% |
| 2000-12-31 | 57.04% |
| 1999-12-31 | 32.82% |
| 1998-12-31 | -13.35% |
| 1997-12-31 | 27.86% |
| 1996-12-31 | 26.19% |
About APA Corporation
APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, and produce hydrocarbon assets. The company maintains significant operational presences in the United States, Egypt, and the United Kingdom, while also conducting exploration activities offshore Suriname. Furthermore, APA Corporation manages critical gathering, processing, and transmission infrastructure within West Texas and holds ownership interests in four major pipelines connecting the Permian Basin to the Gulf Coast. Established in 1954, the company is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- John J. Christmann