APA Corporation Net Assets
APA Corporation net assets. Based on the latest financial reports, APA Corporation (APA) has net assets worth $7.94 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.97 Billion) and total liabilities ($10.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of APA Corporation to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.94 Billion |
| % of Total Assets | 44.2% |
| Annual Growth Rate | 8.96% |
| 5-Year Change | N/A |
| 10-Year Change | -8.8% |
| Growth Volatility | 46.63 |
Net Assets of APA Corporation (1985–2025)
Net assets of APA Corporation from 1985 to 2025. This chart illustrates how APA Corporation's net assets have evolved over time, based on quarterly financial data. See how leveraged is APA Corporation's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for APA Corporation (1985–2025)
The table below shows the annual net assets of APA Corporation from 1985 to 2025. For live market cap and overall valuation, see APA Corporation market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.00 Billion | +10.08% |
| 2024-12-31 | $6.36 Billion | +72.37% |
| 2023-12-31 | $3.69 Billion | +174.42% |
| 2022-12-31 | $1.34 Billion | +287.59% |
| 2021-12-31 | $-717.00 Million | -11.16% |
| 2020-12-31 | $-645.00 Million | -114.45% |
| 2019-12-31 | $4.46 Billion | -49.33% |
| 2018-12-31 | $8.81 Billion | +0.24% |
| 2017-12-31 | $8.79 Billion | +14.48% |
| 2016-12-31 | $7.68 Billion | +81.62% |
| 2015-12-31 | $4.23 Billion | -84.97% |
| 2014-12-31 | $28.14 Billion | -20.50% |
| 2013-12-31 | $35.39 Billion | +12.96% |
| 2012-12-31 | $31.33 Billion | +8.06% |
| 2011-12-31 | $28.99 Billion | +18.94% |
| 2010-12-31 | $24.38 Billion | +54.49% |
| 2009-12-31 | $15.78 Billion | -4.42% |
| 2008-12-31 | $16.51 Billion | +7.35% |
| 2007-12-31 | $15.38 Billion | +16.58% |
| 2006-12-31 | $13.19 Billion | +25.14% |
| 2005-12-31 | $10.54 Billion | +28.48% |
| 2004-12-31 | $8.20 Billion | +25.59% |
| 2003-12-31 | $6.53 Billion | +32.67% |
| 2002-12-31 | $4.92 Billion | +1.34% |
| 2001-12-31 | $4.86 Billion | +29.42% |
| 2000-12-31 | $3.75 Billion | +40.65% |
| 1999-12-31 | $2.67 Billion | +48.15% |
| 1998-12-31 | $1.80 Billion | +4.20% |
| 1997-12-31 | $1.73 Billion | +13.88% |
| 1996-12-31 | $1.52 Billion | +39.08% |
| 1995-12-31 | $1.09 Billion | +33.77% |
| 1994-12-31 | $816.20 Million | +3.86% |
| 1993-12-31 | $785.90 Million | +65.38% |
| 1992-12-31 | $475.20 Million | +8.02% |
| 1991-12-31 | $439.90 Million | +13.73% |
| 1990-12-31 | $386.80 Million | +10.42% |
| 1989-12-31 | $350.30 Million | +69.31% |
| 1988-12-31 | $206.90 Million | +64.47% |
| 1987-12-31 | $125.80 Million | -39.34% |
| 1986-12-31 | $207.40 Million | -8.23% |
| 1985-12-31 | $226.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to APA Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 562.8% over the analyzed period, potentially due to dividend distributions or operating losses.
APA Corporation Net Assets Breakdown (December 2025)
APA Corporation net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $308.00 Million | 5.05% |
| Other Comprehensive Income | $10.00 Million | 0.16% |
| Other Components | $6.50 Billion | 106.61% |
| Total Equity | $6.09 Billion | 100.00% |
APA Corporation Competitors by Market Cap
The table below lists competitors of APA Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woori Financial Group Inc
KO:316140
|
$15.26 Billion |
|
Henkel AG & Co. KGaA vz. (Pref Shares)
XETRA:HEN3
|
$15.26 Billion |
|
Dawning Information Industry Co Ltd
SHG:603019
|
$15.26 Billion |
|
Punjab National Bank
NSE:PNB
|
$15.27 Billion |
|
Guangdong Wens Foodstuff Group Co Ltd
SHE:300498
|
$15.26 Billion |
|
VODACOM GROUP LTD. SP.ADR
F:5VD0
|
$15.26 Billion |
|
China Petroleum & Chemical Corporation
F:CHU
|
$15.24 Billion |
|
Yum China Holdings Inc
NYSE:YUMC
|
$15.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APA Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,280,000,000 to 6,093,000,000, a change of 813,000,000 (15.4%).
- Net income of 1,434,000,000 contributed positively to equity growth.
- Dividend payments of 360,000,000 reduced retained earnings.
- Share repurchases of 280,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.43 Billion | +23.54% |
| Dividends Paid | $360.00 Million | -5.91% |
| Share Repurchases | $280.00 Million | -4.6% |
| Other Comprehensive Income | $-2.00 Million | -0.03% |
| Other Changes | $21.00 Million | +0.34% |
| Total Change | $- | 15.40% |
Book Value vs Market Value Analysis
This analysis compares APA Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.35x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $4.28 | $52.82 | x |
| 1986-12-31 | $3.97 | $52.82 | x |
| 1987-12-31 | $2.43 | $52.82 | x |
| 1988-12-31 | $3.46 | $52.82 | x |
| 1989-12-31 | $3.99 | $52.82 | x |
| 1990-12-31 | $3.40 | $52.82 | x |
| 1991-12-31 | $3.80 | $52.82 | x |
| 1992-12-31 | $3.99 | $52.82 | x |
| 1993-12-31 | $5.55 | $52.82 | x |
| 1994-12-31 | $5.21 | $52.82 | x |
| 1995-12-31 | $6.24 | $52.82 | x |
| 1996-12-31 | $7.47 | $52.82 | x |
| 1997-12-31 | $7.97 | $52.82 | x |
| 1998-12-31 | $7.95 | $52.82 | x |
| 1999-12-31 | $10.66 | $52.82 | x |
| 2000-12-31 | $13.33 | $52.82 | x |
| 2001-12-31 | $14.14 | $52.82 | x |
| 2002-12-31 | $16.31 | $52.82 | x |
| 2003-12-31 | $20.07 | $52.82 | x |
| 2004-12-31 | $24.81 | $52.82 | x |
| 2005-12-31 | $31.57 | $52.82 | x |
| 2006-12-31 | $39.57 | $52.82 | x |
| 2007-12-31 | $45.97 | $52.82 | x |
| 2008-12-31 | $48.96 | $52.82 | x |
| 2009-12-31 | $46.96 | $52.82 | x |
| 2010-12-31 | $67.90 | $52.82 | x |
| 2011-12-31 | $72.48 | $52.82 | x |
| 2012-12-31 | $80.13 | $52.82 | x |
| 2013-12-31 | $82.26 | $52.82 | x |
| 2014-12-31 | $73.27 | $52.82 | x |
| 2015-12-31 | $11.19 | $52.82 | x |
| 2016-12-31 | $20.26 | $52.82 | x |
| 2017-12-31 | $19.36 | $52.82 | x |
| 2018-12-31 | $18.57 | $52.82 | x |
| 2019-12-31 | $8.63 | $52.82 | x |
| 2020-12-31 | $-4.34 | $52.82 | x |
| 2021-12-31 | $-4.25 | $52.82 | x |
| 2022-12-31 | $1.27 | $52.82 | x |
| 2023-12-31 | $8.59 | $52.82 | x |
| 2024-12-31 | $14.96 | $52.82 | x |
| 2025-12-31 | $16.97 | $52.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APA Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.08%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.12x
- Recent ROE (23.54%) is above the historical average (12.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 3.50% | 6.15% | 0.24x | 2.37x | $-14.70 Million |
| 1986 | -5.26% | -6.35% | 0.24x | 3.51x | $-31.64 Million |
| 1987 | -64.31% | -80.50% | 0.20x | 4.01x | $-93.48 Million |
| 1988 | 3.87% | 5.65% | 0.20x | 3.39x | $-12.69 Million |
| 1989 | 6.31% | 8.95% | 0.32x | 2.18x | $-12.93 Million |
| 1990 | 10.42% | 14.74% | 0.33x | 2.14x | $1.62 Million |
| 1991 | 7.87% | 9.69% | 0.30x | 2.75x | $-9.39 Million |
| 1992 | 10.06% | 11.30% | 0.35x | 2.56x | $280.00K |
| 1993 | 4.75% | 8.05% | 0.29x | 2.03x | $-41.29 Million |
| 1994 | 5.24% | 7.96% | 0.29x | 2.30x | $-38.82 Million |
| 1995 | 1.85% | 2.69% | 0.28x | 2.46x | $-88.98 Million |
| 1996 | 7.99% | 12.44% | 0.28x | 2.26x | $-30.45 Million |
| 1997 | 8.96% | 13.12% | 0.29x | 2.39x | $-18.02 Million |
| 1998 | -7.18% | -14.76% | 0.22x | 2.22x | $-309.57 Million |
| 1999 | 7.52% | 15.45% | 0.24x | 2.06x | $-66.09 Million |
| 2000 | 18.99% | 31.22% | 0.31x | 1.99x | $337.59 Million |
| 2001 | 16.37% | 26.05% | 0.31x | 2.02x | $281.55 Million |
| 2002 | 11.26% | 21.66% | 0.27x | 1.92x | $61.90 Million |
| 2003 | 17.17% | 26.77% | 0.34x | 1.90x | $468.61 Million |
| 2004 | 20.34% | 31.29% | 0.34x | 1.89x | $848.31 Million |
| 2005 | 24.89% | 34.59% | 0.39x | 1.83x | $1.57 Billion |
| 2006 | 19.35% | 31.61% | 0.33x | 1.84x | $1.23 Billion |
| 2007 | 18.29% | 28.23% | 0.35x | 1.86x | $1.27 Billion |
| 2008 | 4.31% | 5.75% | 0.42x | 1.77x | $-938.92 Million |
| 2009 | -1.80% | -3.30% | 0.31x | 1.79x | $-1.86 Billion |
| 2010 | 12.44% | 24.89% | 0.28x | 1.78x | $594.30 Million |
| 2011 | 15.81% | 27.27% | 0.32x | 1.80x | $1.68 Billion |
| 2012 | 6.39% | 11.81% | 0.28x | 1.94x | $-1.13 Billion |
| 2013 | 6.68% | 13.61% | 0.27x | 1.85x | $-1.11 Billion |
| 2014 | -19.20% | -39.30% | 0.25x | 1.99x | $-8.22 Billion |
| 2015 | -546.81% | -362.20% | 0.34x | 4.46x | $-23.54 Billion |
| 2016 | -18.30% | -26.18% | 0.24x | 2.93x | $-2.17 Billion |
| 2017 | 17.58% | 22.15% | 0.27x | 2.96x | $562.40 Million |
| 2018 | 0.56% | 0.54% | 0.34x | 3.03x | $-673.00 Million |
| 2019 | -107.99% | -54.15% | 0.36x | 5.56x | $-3.84 Billion |
| 2020 | 0.00% | -107.87% | 0.35x | 0.00x | $-4.62 Billion |
| 2021 | 0.00% | 14.21% | 0.60x | 0.00x | $1.29 Billion |
| 2022 | 868.56% | 33.17% | 0.84x | 31.08x | $3.63 Billion |
| 2023 | 107.53% | 34.48% | 0.54x | 5.74x | $2.59 Billion |
| 2024 | 15.23% | 8.26% | 0.50x | 3.67x | $276.00 Million |
| 2025 | 23.54% | 16.08% | 0.47x | 3.12x | $824.70 Million |
Industry Comparison
This section compares APA Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,045,392,144
- Average return on equity (ROE) among peers: -57.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APA Corporation (APA) | $7.94 Billion | 3.50% | 1.26x | $15.26 Billion |
| Amplify Energy Corp (AMPY) | $-1.33 Billion | 0.00% | 0.00x | $172.83 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $101.24 Million |
| Antero Resources Corp (AR) | $7.72 Billion | 8.22% | 0.85x | $11.63 Billion |
| Battalion Oil Corp (BATL) | $181.66 Million | -17.55% | 1.37x | $31.10 Million |
| BKV Corporation (BKV) | $1.56 Billion | -9.16% | 0.43x | $2.29 Billion |
| Barnwell Industries Inc (BRN) | $-10.30 Million | 0.00% | 0.00x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $172.06 Million | 17.45% | 0.50x | $253.00 Million |
| Big Sky Industrial Inc. (BSIN) | $24.20 Million | -105.92% | 1.05x | $79.79 Million |
| Black Stone Minerals LP (BSM) | $1.09 Billion | 14.41% | 0.45x | $3.00 Billion |
About APA Corporation
APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company has oil and gas operations in the United States, Egypt, and North Sea. It also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 … Read more