APA Corporation (APA) — Capital Reinvestment Ratio
APA Corporation (APA) has a Capital Reinvestment Ratio of 0.33x as of June 2026, meaning it reinvests 0% of its operating cash flow ($1.71 Billion) in capital expenditures ($569.00 Million). Check how tangible is APA Corporation's equity to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see APA Corporation cash flow conversion.
Annual Capital Reinvestment Ratio for APA Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for APA Corporation from 1989 to 2025. See cash generation quality of APA Corporation to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |