APA Corporation (APA) — Free Cash Flow Generation Index
APA Corporation (APA) has a Free Cash Flow Generation Index of 0.67x as of June 2026. Free cash flow of $1.14 Billion represents 1% of operating cash flow ($1.71 Billion). Explore APA Corporation capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
APA Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for APA Corporation across 37 annual periods. For the full cash flow conversion analysis, see APA operating cash flow.
Annual Free Cash Flow Generation for APA Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for APA Corporation. Check APA Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.39x | $1.78 Billion | $4.54 Billion | $2.77 Billion | ▲ +84.3% |
| 2024 | 0.21x | $769.00 Million | $3.62 Billion | $2.85 Billion | ▼ -13.9% |
| 2023 | 0.25x | $772.00 Million | $3.13 Billion | $2.36 Billion | ▼ -52.1% |
| 2022 | 0.51x | $2.54 Billion | $4.94 Billion | $2.40 Billion | ▼ -24.5% |
| 2021 | 0.68x | $2.38 Billion | $3.50 Billion | $1.11 Billion | ▲ +1000.1% |
| 2020 | 0.06x | $86.00 Million | $1.39 Billion | $1.30 Billion | ▲ +289.0% |
| 2019 | -0.03x | $-94.00 Million | $2.87 Billion | $2.96 Billion | ▲ +2.5% |
| 2018 | -0.03x | $-127.00 Million | $3.78 Billion | $3.90 Billion | ▲ +75.4% |
| 2017 | -0.14x | $-332.00 Million | $2.43 Billion | $2.76 Billion | ▼ -169.1% |
| 2016 | 0.20x | $481.00 Million | $2.43 Billion | $1.95 Billion | ▲ +124.7% |
| 2015 | -0.80x | $-2.14 Billion | $2.67 Billion | $4.81 Billion | ▼ -125.9% |
| 2014 | -0.36x | $-3.01 Billion | $8.46 Billion | $10.96 Billion | ▼ -1352.8% |
| 2013 | 0.03x | $279.00 Million | $9.84 Billion | $9.56 Billion | ▲ +125.1% |
| 2012 | -0.11x | $-960.00 Million | $8.50 Billion | $9.46 Billion | ▼ -139.1% |
| 2011 | 0.29x | $2.88 Billion | $9.95 Billion | $7.08 Billion | ▲ +7.7% |
| 2010 | 0.27x | $1.80 Billion | $6.73 Billion | $4.92 Billion | ▲ +91.2% |
| 2009 | 0.14x | $592.54 Million | $4.22 Billion | $3.63 Billion | ▼ -9.3% |
| 2008 | 0.15x | $1.09 Billion | $7.07 Billion | $5.97 Billion | ▲ +0.3% |
| 2007 | 0.15x | $875.09 Million | $5.68 Billion | $4.80 Billion | ▲ +285.0% |
| 2006 | 0.04x | $172.68 Million | $4.31 Billion | $4.14 Billion | ▼ -71.9% |
| 2005 | 0.14x | $616.41 Million | $4.33 Billion | $3.72 Billion | ▼ -40.7% |
| 2004 | 0.24x | $775.03 Million | $3.23 Billion | $2.46 Billion | ▼ -41.6% |
| 2003 | 0.41x | $1.11 Billion | $2.71 Billion | $1.59 Billion | ▲ +65.1% |
| 2002 | 0.25x | $343.35 Million | $1.38 Billion | $1.04 Billion | ▲ +17.4% |
| 2001 | 0.21x | $409.95 Million | $1.93 Billion | $1.52 Billion | ▼ -37.5% |
| 2000 | 0.34x | $518.86 Million | $1.53 Billion | $1.01 Billion | ▲ +361.8% |
| 1999 | 0.07x | $46.88 Million | $638.20 Million | $591.32 Million | ▲ +115.2% |
| 1998 | -0.48x | $-228.00 Million | $471.50 Million | $699.50 Million | ▼ -4221.0% |
| 1997 | -0.01x | $-8.10 Million | $723.80 Million | $731.90 Million | ▲ +96.4% |
| 1996 | -0.31x | $-151.60 Million | $490.50 Million | $642.10 Million | ▲ +87.4% |
| 1995 | -2.46x | $-817.50 Million | $332.10 Million | $1.15 Billion | ▼ -630.9% |
| 1994 | 0.46x | $155.60 Million | $335.60 Million | $180.00 Million | ▲ +148.7% |
| 1993 | -0.95x | $-214.50 Million | $225.10 Million | $439.60 Million | ▼ -1358.6% |
| 1992 | -0.07x | $-12.70 Million | $194.40 Million | $207.10 Million | ▲ +97.5% |
| 1991 | -2.65x | $-415.50 Million | $156.60 Million | $572.10 Million | ▼ -429.7% |
| 1990 | 0.80x | $152.40 Million | $189.40 Million | $37.00 Million | ▼ -8.5% |
| 1989 | 0.88x | $147.90 Million | $168.10 Million | $20.20 Million | — |