APA Corporation (APA) — 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). Check APA Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
APA Corporation Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for APA Corporation across 37 annual periods. For the full cash flow conversion analysis, see APA Corporation (APA) cash flow conversion.
Annual Financial Flexibility Index for APA Corporation (1989–2025)
Year-by-year free cash flow to debt coverage for APA Corporation. Explore APA Corporation (APA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |