APA Corporation Cash Flow Quality Index

Latest as of June 2026: 1.85x

APA Corporation cash flow quality index. 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. See APA Corporation (APA) financial flexibility to measure the company's free cash flow as a share of total liabilities.

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

Cash Flow Quality Index of APA Corporation (1989–2025)

Cash flow quality index of APA Corporation from 1989 to 2025. Historical Cash Flow Quality Index for APA Corporation across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore APA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

APA Corporation Cash Flow Quality Index by Year (1989–2025)

APA Corporation cash flow quality index by year from 1989 to 2025. Year-by-year earnings quality comparison for APA Corporation. For the full cash flow conversion analysis, see APA cash flow conversion.

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.