APA Corporation Financial Flexibility Index
APA Corporation financial flexibility index. APA Corporation (APA) has a Financial Flexibility Index of 0.23x as of June 2026. Free cash flow of $2.27 Billion (operating CF $1.71 Billion minus capex $569.00 Million) represents 0% of total liabilities ($10.03 Billion). See APA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of APA Corporation (1989–2025)
Financial flexibility index of APA Corporation from 1989 to 2025. Historical Financial Flexibility Index trend for APA Corporation across 37 annual periods. Check cash flow quality index of APA Corporation to evaluate the quality of earnings relative to operating cash generation.
APA Corporation Financial Flexibility Index by Year (1989–2025)
APA Corporation financial flexibility index by year from 1989 to 2025. Year-by-year free cash flow to debt coverage for APA Corporation. For the full cash flow conversion analysis, see APA cash flow metrics.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.61x | $7.31 Billion | $4.54 Billion | $11.99 Billion | ▲ +22.7% |
| 2024 | 0.50x | $6.47 Billion | $3.62 Billion | $13.03 Billion | ▲ +4.6% |
| 2023 | 0.47x | $5.49 Billion | $3.13 Billion | $11.55 Billion | ▼ -23.7% |
| 2022 | 0.62x | $7.34 Billion | $4.94 Billion | $11.80 Billion | ▲ +89.2% |
| 2021 | 0.33x | $4.61 Billion | $3.50 Billion | $14.02 Billion | ▲ +63.7% |
| 2020 | 0.20x | $2.69 Billion | $1.39 Billion | $13.39 Billion | ▼ -53.0% |
| 2019 | 0.43x | $5.83 Billion | $2.87 Billion | $13.64 Billion | ▼ -29.0% |
| 2018 | 0.60x | $7.68 Billion | $3.78 Billion | $12.77 Billion | ▲ +52.2% |
| 2017 | 0.40x | $5.19 Billion | $2.43 Billion | $13.13 Billion | ▲ +33.9% |
| 2016 | 0.30x | $4.38 Billion | $2.43 Billion | $14.84 Billion | ▼ -42.3% |
| 2015 | 0.51x | $7.47 Billion | $2.67 Billion | $14.61 Billion | ▼ -26.8% |
| 2014 | 0.70x | $19.43 Billion | $8.46 Billion | $27.82 Billion | ▼ -5.5% |
| 2013 | 0.74x | $19.39 Billion | $9.84 Billion | $26.24 Billion | ▲ +20.9% |
| 2012 | 0.61x | $17.97 Billion | $8.50 Billion | $29.41 Billion | ▼ -17.3% |
| 2011 | 0.74x | $17.03 Billion | $9.95 Billion | $23.06 Billion | ▲ +20.8% |
| 2010 | 0.61x | $11.65 Billion | $6.73 Billion | $19.05 Billion | ▼ -3.4% |
| 2009 | 0.63x | $7.85 Billion | $4.22 Billion | $12.41 Billion | ▼ -38.4% |
| 2008 | 1.03x | $13.04 Billion | $7.07 Billion | $12.68 Billion | ▲ +30.1% |
| 2007 | 0.79x | $10.48 Billion | $5.68 Billion | $13.26 Billion | ▲ +4.0% |
| 2006 | 0.76x | $8.45 Billion | $4.31 Billion | $11.12 Billion | ▼ -17.5% |
| 2005 | 0.92x | $8.05 Billion | $4.33 Billion | $8.73 Billion | ▲ +18.3% |
| 2004 | 0.78x | $5.69 Billion | $3.23 Billion | $7.30 Billion | ▲ +6.6% |
| 2003 | 0.73x | $4.30 Billion | $2.71 Billion | $5.88 Billion | ▲ +37.1% |
| 2002 | 0.53x | $2.42 Billion | $1.38 Billion | $4.54 Billion | ▼ -37.2% |
| 2001 | 0.85x | $3.46 Billion | $1.93 Billion | $4.07 Billion | ▲ +24.6% |
| 2000 | 0.68x | $2.54 Billion | $1.53 Billion | $3.73 Billion | ▲ +57.0% |
| 1999 | 0.43x | $1.23 Billion | $638.20 Million | $2.83 Billion | ▼ -18.7% |
| 1998 | 0.53x | $1.17 Billion | $471.50 Million | $2.19 Billion | ▼ -11.7% |
| 1997 | 0.60x | $1.46 Billion | $723.80 Million | $2.41 Billion | ▲ +2.1% |
| 1996 | 0.59x | $1.13 Billion | $490.50 Million | $1.91 Billion | ▼ -36.5% |
| 1995 | 0.93x | $1.48 Billion | $332.10 Million | $1.59 Billion | ▲ +92.1% |
| 1994 | 0.49x | $515.60 Million | $335.60 Million | $1.06 Billion | ▼ -41.1% |
| 1993 | 0.82x | $664.70 Million | $225.10 Million | $806.50 Million | ▲ +52.6% |
| 1992 | 0.54x | $401.50 Million | $194.40 Million | $743.50 Million | ▼ -43.0% |
| 1991 | 0.95x | $728.70 Million | $156.60 Million | $769.40 Million | ▲ +85.2% |
| 1990 | 0.51x | $226.40 Million | $189.40 Million | $442.80 Million | ▲ +12.4% |
| 1989 | 0.45x | $188.30 Million | $168.10 Million | $414.10 Million | — |