APA Corporation (APA) — Capital Reinvestment Ratio
APA Corporation (APA) has a Capital Reinvestment Ratio of 0.98x as of March 2026, meaning it reinvests 1% of its operating cash flow ($554.00 Million) in capital expenditures ($542.00 Million). See APA Corporation net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
APA Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks APA Corporation's Capital Reinvestment Ratio across 37 annual periods. Check APA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for APA Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for APA Corporation from 1989 to 2025. For live market cap and broader valuation context, see APA stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.61x | $4.54 Billion | $2.77 Billion | ▼ -22.7% |
| 2024 | 0.79x | $3.62 Billion | $2.85 Billion | ▲ +4.6% |
| 2023 | 0.75x | $3.13 Billion | $2.36 Billion | ▲ +55.3% |
| 2022 | 0.49x | $4.94 Billion | $2.40 Billion | ▲ +52.4% |
| 2021 | 0.32x | $3.50 Billion | $1.11 Billion | ▼ -66.1% |
| 2020 | 0.94x | $1.39 Billion | $1.30 Billion | ▼ -9.2% |
| 2019 | 1.03x | $2.87 Billion | $2.96 Billion | ▼ -0.1% |
| 2018 | 1.03x | $3.78 Billion | $3.90 Billion | ▼ -9.1% |
| 2017 | 1.14x | $2.43 Billion | $2.76 Billion | ▲ +41.7% |
| 2016 | 0.80x | $2.43 Billion | $1.95 Billion | ▼ -55.5% |
| 2015 | 1.80x | $2.67 Billion | $4.81 Billion | ▲ +39.1% |
| 2014 | 1.30x | $8.46 Billion | $10.96 Billion | ▲ +33.4% |
| 2013 | 0.97x | $9.84 Billion | $9.56 Billion | ▼ -12.7% |
| 2012 | 1.11x | $8.50 Billion | $9.46 Billion | ▲ +56.5% |
| 2011 | 0.71x | $9.95 Billion | $7.08 Billion | ▼ -2.8% |
| 2010 | 0.73x | $6.73 Billion | $4.92 Billion | ▼ -14.9% |
| 2009 | 0.86x | $4.22 Billion | $3.63 Billion | ▲ +1.7% |
| 2008 | 0.85x | $7.07 Billion | $5.97 Billion | ▼ -0.1% |
| 2007 | 0.85x | $5.68 Billion | $4.80 Billion | ▼ -11.9% |
| 2006 | 0.96x | $4.31 Billion | $4.14 Billion | ▲ +11.9% |
| 2005 | 0.86x | $4.33 Billion | $3.72 Billion | ▲ +12.8% |
| 2004 | 0.76x | $3.23 Billion | $2.46 Billion | ▲ +29.0% |
| 2003 | 0.59x | $2.71 Billion | $1.59 Billion | ▼ -21.5% |
| 2002 | 0.75x | $1.38 Billion | $1.04 Billion | ▼ -4.7% |
| 2001 | 0.79x | $1.93 Billion | $1.52 Billion | ▲ +19.3% |
| 2000 | 0.66x | $1.53 Billion | $1.01 Billion | ▼ -28.7% |
| 1999 | 0.93x | $638.20 Million | $591.32 Million | ▼ -37.5% |
| 1998 | 1.48x | $471.50 Million | $699.50 Million | ▲ +46.7% |
| 1997 | 1.01x | $723.80 Million | $731.90 Million | ▼ -22.8% |
| 1996 | 1.31x | $490.50 Million | $642.10 Million | ▼ -62.2% |
| 1995 | 3.46x | $332.10 Million | $1.15 Billion | ▲ +545.4% |
| 1994 | 0.54x | $335.60 Million | $180.00 Million | ▼ -72.5% |
| 1993 | 1.95x | $225.10 Million | $439.60 Million | ▲ +83.3% |
| 1992 | 1.07x | $194.40 Million | $207.10 Million | ▼ -70.8% |
| 1991 | 3.65x | $156.60 Million | $572.10 Million | ▲ +1770.1% |
| 1990 | 0.20x | $189.40 Million | $37.00 Million | ▲ +62.6% |
| 1989 | 0.12x | $168.10 Million | $20.20 Million | — |