Apa annual operating margin
2019
2020
2021
2022
2023
2024
2025
Apa Operating Margin Growth & History (APA)
Apa's operating margin was 33.48% for fiscal 2025.
View full Apa company overviewApa annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 33.48% | +8.38 pp |
| 2024 | 2024-12-31 | 25.10% | −20.02 pp |
| 2023 | 2023-12-31 | 45.12% | −0.75 pp |
| 2022 | 2022-12-31 | 45.87% | +9.80 pp |
| 2021 | 2021-12-31 | 36.07% | +131.29 pp |
| 2020 | 2020-12-31 | −95.22% | −62.38 pp |
| 2019 | 2019-12-31 | −32.84% | — |
Apa quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 53.36% | +25.06 pp |
| Q1 2026 | 2026-03-31 | 47.63% | +14.51 pp |
| Q4 2025 | 2025-12-31 | 36.20% | −0.45 pp |
| Q3 2025 | 2025-09-30 | 38.01% | +43.64 pp |
| Q2 2025 | 2025-06-30 | 28.29% | −6.77 pp |
| Q1 2025 | 2025-03-31 | 33.12% | −3.19 pp |
| Q4 2024 | 2024-12-31 | 36.65% | −17.21 pp |
| Q3 2024 | 2024-09-30 | −5.63% | −51.41 pp |
| Q2 2024 | 2024-06-30 | 35.06% | −0.17 pp |
| Q1 2024 | 2024-03-31 | 36.31% | −9.45 pp |
| Q4 2023 | 2023-12-31 | 53.86% | +5.79 pp |
| Q3 2023 | 2023-09-30 | 45.78% | −0.71 pp |
| Q2 2023 | 2023-06-30 | 35.24% | −18.01 pp |
| Q1 2023 | 2023-03-31 | 45.76% | +7.60 pp |
| Q4 2022 | 2022-12-31 | 48.07% | +15.07 pp |
| Q3 2022 | 2022-09-30 | 46.48% | −2.52 pp |
| Q2 2022 | 2022-06-30 | 53.24% | +15.87 pp |
| Q1 2022 | 2022-03-31 | 38.17% | +9.87 pp |
| Q4 2021 | 2021-12-31 | 33.00% | +18.65 pp |
| Q3 2021 | 2021-09-30 | 49.00% | +30.99 pp |
| Q2 2021 | 2021-06-30 | 37.37% | +69.25 pp |
| Q1 2021 | 2021-03-31 | 28.30% | +364.73 pp |
| Q4 2020 | 2020-12-31 | 14.35% | — |
| Q3 2020 | 2020-09-30 | 18.01% | — |
| Q2 2020 | 2020-06-30 | −31.88% | — |
| Q1 2020 | 2020-03-31 | −336.43% | — |
Apa operating margin trends
Over the last five reported fiscal years, Apa's operating margin increased from −95.22% to 33.48%, a change of +128.70 percentage points. The latest reported quarter, Q2 2026, shows 53.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Apa filings at SEC.gov ↗