APA Corporation (APA) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.33x

APA Corporation (APA) has a Cash Flow Reinvestment Rate of 0.33x as of June 2026, reinvesting $569.00 Million (capex $569.00 Million ) from operating cash flow of $1.71 Billion. See APA Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.33x
(Capex + Investments) / Operating CF

Total Reinvested

$569.00 Million
Capex + Investments

Operating Cash Flow

$1.71 Billion
USD

Capital Expenditures

$569.00 Million
USD

APA Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for APA Corporation across 37 annual periods. For the full cash flow conversion analysis, see APA cash flow conversion.

Annual Cash Flow Reinvestment Rate for APA Corporation (1989–2025)

Year-by-year capital reinvestment analysis for APA Corporation. See APA Corporation financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.61x $2.77 Billion $4.54 Billion $2.77 Billion ▼ -41.6%
2024 1.04x $3.77 Billion $3.62 Billion $2.85 Billion ▼ -31.4%
2023 1.52x $4.76 Billion $3.13 Billion $2.36 Billion ▲ +92.2%
2022 0.79x $3.91 Billion $4.94 Billion $2.40 Billion ▲ +42.1%
2021 0.56x $1.95 Billion $3.50 Billion $1.11 Billion ▼ -72.1%
2020 1.99x $2.77 Billion $1.39 Billion $1.30 Billion ▲ +38.3%
2019 1.44x $4.13 Billion $2.87 Billion $2.96 Billion ▲ +36.3%
2018 1.06x $4.00 Billion $3.78 Billion $3.90 Billion ▼ -38.5%
2017 1.72x $4.18 Billion $2.43 Billion $2.76 Billion ▲ +15.8%
2016 1.49x $3.61 Billion $2.43 Billion $1.95 Billion ▼ -34.6%
2015 2.27x $6.05 Billion $2.67 Billion $4.81 Billion ▲ +69.1%
2014 1.34x $11.36 Billion $8.46 Billion $10.96 Billion ▲ +38.1%
2013 0.97x $9.56 Billion $9.84 Billion $9.56 Billion ▼ -12.7%
2012 1.11x $9.46 Billion $8.50 Billion $9.46 Billion ▲ +56.5%
2011 0.71x $7.08 Billion $9.95 Billion $7.08 Billion ▼ -2.8%
2010 0.73x $4.92 Billion $6.73 Billion $4.92 Billion ▼ -30.1%
2009 1.05x $4.42 Billion $4.22 Billion $3.63 Billion ▲ +23.9%
2008 0.85x $5.97 Billion $7.07 Billion $5.97 Billion ▼ -0.1%
2007 0.85x $4.80 Billion $5.68 Billion $4.80 Billion ▼ -11.9%
2006 0.96x $4.14 Billion $4.31 Billion $4.14 Billion ▲ +11.9%
2005 0.86x $3.72 Billion $4.33 Billion $3.72 Billion ▲ +12.8%
2004 0.76x $2.46 Billion $3.23 Billion $2.46 Billion ▲ +29.0%
2003 0.59x $1.59 Billion $2.71 Billion $1.59 Billion ▼ -21.5%
2002 0.75x $1.04 Billion $1.38 Billion $1.04 Billion ▼ -4.7%
2001 0.79x $1.52 Billion $1.93 Billion $1.52 Billion ▲ +19.3%
2000 0.66x $1.01 Billion $1.53 Billion $1.01 Billion ▼ -28.7%
1999 0.93x $591.32 Million $638.20 Million $591.32 Million ▼ -37.5%
1998 1.48x $699.50 Million $471.50 Million $699.50 Million ▲ +46.7%
1997 1.01x $731.90 Million $723.80 Million $731.90 Million ▼ -22.8%
1996 1.31x $642.10 Million $490.50 Million $642.10 Million ▼ -62.2%
1995 3.46x $1.15 Billion $332.10 Million $1.15 Billion ▲ +545.4%
1994 0.54x $180.00 Million $335.60 Million $180.00 Million ▼ -72.5%
1993 1.95x $439.60 Million $225.10 Million $439.60 Million ▲ +83.3%
1992 1.07x $207.10 Million $194.40 Million $207.10 Million ▼ -70.8%
1991 3.65x $572.10 Million $156.60 Million $572.10 Million ▲ +1770.1%
1990 0.20x $37.00 Million $189.40 Million $37.00 Million ▲ +62.6%
1989 0.12x $20.20 Million $168.10 Million $20.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow