APA Corporation (APA) Return on Invested Capital (ROIC): 9.96%
Is APA Corporation’s return on invested capital (ROIC) high or low?
APA Corporation's return on invested capital (ROIC) of 9.96% is 42% below its 5-year average of 17.07%, near the low end of its 5-year range (1.50%–34.79%).
As of Thursday, June 25, 2026. 16.97% below its 12-month average of 12.00%.
APA Return on Invested Capital (ROIC) Chart
Reported annual fiscal-period values; no daily interpolation.
APA Average Return on Invested Capital (ROIC) Chart
APA Current vs Average Return on Invested Capital (ROIC) Chart
APA Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
9.96%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
21.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
17.07%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.09%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
6.92%
CURRENT VS TTM AVG
-16.97%
CURRENT VS 3Y AVG
-52.96%
CURRENT VS 5Y AVG
-41.66%
CURRENT VS 10Y AVG
+7.22%
CURRENT VS 15Y AVG
+95.84%
CURRENT VS 20Y AVG
+44.02%
APA Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| APA Corporation (APA) | $11.78B | 9.96% | 12.00% | 21.17% | 17.07% |
| Antero Midstream Corporation (AM)vs › | $10.52B | 8.18% | 8.25% | 7.88% | 6.27% |
| Enphase Energy, Inc. (ENPH)vs › | $6.30B | 4.79% | 3.62% | 9.02% | 11.21% |
| Weatherford International plc (WFRD)vs › | $6.08B | 16.68% | 18.24% | 15.59% | 4.98% |
| California Resources Corp (CRC)vs › | $4.74B | 9.67% | 8.68% | 16.84% | 16.28% |
| Helmerich & Payne, Inc. (HP)vs › | $3.27B | 3.92% | 4.98% | 5.10% | 0.49% |
| Centrus Energy Corp. (LEU)vs › | $3.24B | 2.20% | 4.10% | 9.99% | 19.38% |
| Expand Energy Corporation (EXE)vs › | $21.20B | 6.38% | 1.84% | 12.91% | -13.44% |
| Array Technologies, Inc. (ARRY)vs › | $1.18B | 6.75% | -7.26% | -0.44% | 2.58% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | -0.12% | -1.07% | -0.12% | 0.21% |
Capital Efficiency
ROIC
10.0%
ROE
23.8%
APA Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
APA Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for APA Corporation (APA)?
- The return on invested capital (ROIC) for APA stock is 9.96%.
- Is APA Corporation's return on invested capital (ROIC) high or low?
- APA Corporation's return on invested capital (ROIC) of 9.96% is 42% below its 5-year average of 17.07%, near the low end of its 5-year range (1.50%–34.79%).
- What is the TTM average return on invested capital (ROIC) for APA Corporation (APA)?
- The TTM average return on invested capital (ROIC) for APA stock is 12.00%.
- What is the 3Y average return on invested capital (ROIC) for APA Corporation (APA)?
- The 3Y average return on invested capital (ROIC) for APA stock is 21.17%.
- What is the 5Y average return on invested capital (ROIC) for APA Corporation (APA)?
- The 5Y average return on invested capital (ROIC) for APA stock is 17.07%.
- What is the 10Y average return on invested capital (ROIC) for APA Corporation (APA)?
- The 10Y average return on invested capital (ROIC) for APA stock is 9.29%.
- What is the 15Y average return on invested capital (ROIC) for APA Corporation (APA)?
- The 15Y average return on invested capital (ROIC) for APA stock is 5.09%.
- What is the 20Y average return on invested capital (ROIC) for APA Corporation (APA)?
- The 20Y average return on invested capital (ROIC) for APA stock is 6.92%.
APA Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 9.96% |
| 2024-12-31 | 14.03% |
| 2023-12-31 | 25.91% |
| 2022-12-31 | 34.79% |
| 2021-12-31 | 16.25% |
| 2020-12-31 | 1.50% |
| 2019-12-31 | 2.71% |
| 2018-12-31 | 3.01% |
| 2017-12-31 | 3.58% |
| 2016-12-31 | -0.51% |
| 2015-12-31 | -9.05% |
| 2014-12-31 | 4.17% |
| 2013-12-31 | 3.71% |
| 2012-12-31 | 3.74% |
| 2011-12-31 | 9.91% |
| 2010-12-31 | 8.19% |
| 2009-12-31 | -1.91% |
| 2008-12-31 | 3.40% |
| 2007-12-31 | 11.38% |
| 2006-12-31 | 12.35% |
| 2005-12-31 | 15.98% |
| 2004-12-31 | 12.78% |
| 2003-12-31 | 10.04% |
| 2002-12-31 | 7.22% |
| 2001-12-31 | 9.57% |
| 2000-12-31 | 11.17% |
| 1999-12-31 | 4.81% |
| 1998-12-31 | -2.18% |
| 1997-12-31 | 5.17% |
| 1996-12-31 | 4.96% |
Related Metrics
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