APA Corporation (APA) — Cash Flow Quality Index
Latest as of June 2026:
1.85x
APA Corporation (APA) has a Cash Flow Quality Index of 1.85x as of June 2026. Operating cash flow of $1.71 Billion exceeds net income of $924.00 Million, indicating high earnings quality where cash backs reported profits. Explore APA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.85x
Operating CF / Net Income
Operating Cash Flow
$1.71 Billion
USD
Net Income
$924.00 Million
USD
Data as of
Jun 2026
Most recent filing
APA Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for APA Corporation across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see APA cash flow metrics.
Annual Cash Flow Quality Index for APA Corporation (1989–2025)
Year-by-year earnings quality comparison for APA Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.17x | $4.54 Billion | $1.43 Billion | ▼ -2.1% |
| 2024 | 3.24x | $3.62 Billion | $1.12 Billion | ▲ +231.9% |
| 2023 | 0.98x | $3.13 Billion | $3.21 Billion | ▼ -19.4% |
| 2022 | 1.21x | $4.94 Billion | $4.08 Billion | ▼ -54.5% |
| 2021 | 2.66x | $3.50 Billion | $1.31 Billion | ▼ -79.8% |
| 2018 | 13.21x | $3.78 Billion | $286.00 Million | ▲ +717.5% |
| 2017 | 1.62x | $2.43 Billion | $1.50 Billion | ▼ -67.5% |
| 2013 | 4.97x | $9.84 Billion | $1.98 Billion | ▲ +16.1% |
| 2012 | 4.28x | $8.50 Billion | $1.99 Billion | ▲ +97.1% |
| 2011 | 2.17x | $9.95 Billion | $4.58 Billion | ▼ -2.1% |
| 2010 | 2.22x | $6.73 Billion | $3.03 Billion | ▼ -77.6% |
| 2008 | 9.92x | $7.07 Billion | $711.95 Million | ▲ +391.6% |
| 2007 | 2.02x | $5.68 Billion | $2.81 Billion | ▲ +19.5% |
| 2006 | 1.69x | $4.31 Billion | $2.55 Billion | ▲ +2.3% |
| 2005 | 1.65x | $4.33 Billion | $2.62 Billion | ▼ -14.7% |
| 2004 | 1.94x | $3.23 Billion | $1.67 Billion | ▼ -19.7% |
| 2003 | 2.41x | $2.71 Billion | $1.12 Billion | ▼ -3.2% |
| 2002 | 2.49x | $1.38 Billion | $554.33 Million | ▼ -6.9% |
| 2001 | 2.67x | $1.93 Billion | $723.40 Million | ▲ +24.7% |
| 2000 | 2.14x | $1.53 Billion | $713.06 Million | ▼ -32.5% |
| 1999 | 3.18x | $638.20 Million | $200.85 Million | ▼ -32.0% |
| 1997 | 4.67x | $723.80 Million | $154.90 Million | ▲ +15.7% |
| 1996 | 4.04x | $490.50 Million | $121.40 Million | ▼ -75.4% |
| 1995 | 16.44x | $332.10 Million | $20.20 Million | ▲ +109.7% |
| 1994 | 7.84x | $335.60 Million | $42.80 Million | ▲ +29.9% |
| 1993 | 6.03x | $225.10 Million | $37.30 Million | ▲ +48.4% |
| 1992 | 4.07x | $194.40 Million | $47.80 Million | ▼ -10.1% |
| 1991 | 4.53x | $156.60 Million | $34.60 Million | ▼ -3.7% |
| 1990 | 4.70x | $189.40 Million | $40.30 Million | ▼ -38.2% |
| 1989 | 7.61x | $168.10 Million | $22.10 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.