What is the current annual gross margin of APA?

As of today, APA annual gross margin is 39.45%

What is 1-year change in APA annual gross margin?

APA annual gross margin is down -16.60% year-over-year

What is 3-year change in APA annual gross margin?

APA annual gross margin is down -3.73% over the past 3 years

How far is APA annual gross margin from its all-time high?

APA annual gross margin is currently -39.89% below its historical high of 65.63% set on December 31, 2005

How does APA annual gross margin rank versus sector peers?

APA annual gross margin is higher than 73.77% of companies in Energy sector

When is APA next annual earnings release?

The next annual earnings release for APA is on February 25, 2026

What is the current quarterly gross margin of APA?

As of today, APA quarterly gross margin is 38.68%

What is APA quarterly gross margin most recent change?

APA quarterly gross margin was up +6.50% on September 30, 2025

What is 1-year change in APA quarterly gross margin?

APA quarterly gross margin is down -5.68% year-over-year

How far is APA quarterly gross margin from its all-time high?

APA quarterly gross margin is currently -50.56% below its historical high of 78.24% set on March 31, 1991

How does APA quarterly gross margin rank versus sector peers?

APA quarterly gross margin is higher than 78.02% of companies in Energy sector

When is APA next earnings release?

The next earnings release for APA is on February 25, 2026

APA Corporation (APA) Gross Margin History & Chart

Annual Gross Margin

39.45%7.85%-16.60%

December 31, 2024

Summary

Current Value: As of today, APA annual gross margin is 39.45%, down -16.60% on December 31, 2024
Historical Performance: APA annual gross margin is down -3.73% over the past 3 years, and up +155.01% over the past 5 years
All-Time High Comparison: APA annual gross margin is currently -39.89% below its historical high of 65.63% set on December 31, 2005
3-Year Low Comparison: APA annual gross margin is at its 3-year low
Sector Comparison: APA annual gross margin is higher than 73.77% of companies in Energy sector

Gross Margin Chart

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Performance

APA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 24	39.45%	-16.6%	-3.7%	+155.0%	-19.1%
Quarterly Gross Margin	Sep 30, 25	38.68%	-5.7%	-21.2%	+80.5%	-29.1%
Price	Jan 13, 26	$25.72	+3.5%	-43.3%	+40.2%	-79.5%
PE Ratio	Jan 13, 26	6.19	-44.0%	+47.4%	–	-58.1%
Annual Revenue	Dec 31, 24	$9.74B	+17.6%	+21.9%	+50.0%	+15.9%
Annual Gross Profit	Dec 31, 24	$3.84B	-1.9%	+17.4%	+282.6%	-6.2%
Annual Operating Margin	Dec 31, 24	-27.70%	-128.2%	-9.4%	+63.7%	-112.3%
Annual Net Margin	Dec 31, 24	11.48%	-70.4%	-20.3%	+120.0%	+438.6%

Gross Margin Highs

APA Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	52.67%	N/A	-25.1%
5Y	52.67%	Dec 31, 22	-25.1%
All	65.63%	Dec 31, 05	-39.9%

Gross Margin Lows

APA Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	39.45%	Dec 31, 24	at low
5Y	11.77%	N/A	+235.2%
All	-109.04%	Dec 31, 87	+136.2%

Gross Margin History

Year	Value	Change
2024	39.45%	-16.6%
2023	47.30%	-10.2%
2022	52.67%	+28.5%
2021	40.98%	+248.2%
2020	11.77%	-23.9%
2019	15.47%	-55.3%
2018	34.64%	+51.2%
2017	22.91%	+188.5%
2016	7.94%	+129.2%
2015	-27.20%	-165.0%
2014	41.82%	-8.0%
2013	45.48%	-5.1%
2012	47.92%	-16.7%
2011	57.50%	+4.5%
2010	55.03%	+12.9%
2009	48.74%	-23.0%
2008	63.30%	+10.5%
2007	57.29%	-2.8%
2006	58.92%	-10.2%
2005	65.63%	+7.8%
2004	60.87%	+5.3%
2003	57.78%	+18.0%
2002	48.98%	-12.5%

Year	Value	Change
2001	56.00%	-11.6%
2000	63.38%	+72.0%
1999	36.84%	+92.7%
1998	19.12%	-39.6%
1997	31.65%	+3.9%
1996	30.47%	+52.3%
1995	20.01%	-20.3%
1994	25.11%	-15.6%
1993	29.74%	-1.9%
1992	30.32%	-8.0%
1991	32.95%	-13.8%
1990	38.23%	+29.9%
1989	29.43%	+9.2%
1988	26.94%	+124.7%
1987	-109.04%	-1,395.0%
1986	8.42%	-78.6%
1985	39.42%	-32.5%
1984	58.40%	-8.5%
1983	63.82%	+0.7%
1982	63.37%	+6.3%
1981	59.62%	+15.8%
1980	51.47%	-

FAQ

What is the current annual gross margin of APA?
As of today, APA annual gross margin is 39.45%
What is 1-year change in APA annual gross margin?
APA annual gross margin is down -16.60% year-over-year
What is 3-year change in APA annual gross margin?
APA annual gross margin is down -3.73% over the past 3 years
How far is APA annual gross margin from its all-time high?
APA annual gross margin is currently -39.89% below its historical high of 65.63% set on December 31, 2005
How does APA annual gross margin rank versus sector peers?
APA annual gross margin is higher than 73.77% of companies in Energy sector
When is APA next annual earnings release?
The next annual earnings release for APA is on February 25, 2026

Quarterly Gross Margin

38.68%2.36%+6.50%

September 30, 2025

Summary

Current Value: As of today, APA quarterly gross margin is 38.68%, up +6.50% on September 30, 2025
Historical Performance: APA quarterly gross margin is down -5.68% year-over-year, and down -21.19% over the past 3 years
All-Time High Comparison: APA quarterly gross margin is currently -50.56% below its historical high of 78.24% set on March 31, 1991
3-Year Low Comparison: APA quarterly gross margin is +8.59% above its 3-year low of 35.62% reached on March 31, 2025
Sector Comparison: APA quarterly gross margin is higher than 78.02% of companies in Energy sector

Performance

APA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 25	38.68%	+6.5%	-5.7%	-21.2%	+80.5%
Annual Gross Margin	Dec 31, 24	39.45%	–	-16.6%	-3.7%	+155.0%
Price	Jan 13, 26	$25.72	+12.3%	+3.5%	-43.3%	+40.2%
PE Ratio	Jan 13, 26	6.19	+12.3%	-44.0%	+47.4%	–
Quarterly Revenue	Sep 30, 25	$2.12B	-2.9%	-16.4%	-26.7%	+88.8%
Quarterly Gross Profit	Sep 30, 25	$818.00M	+3.4%	-21.2%	-42.3%	+240.8%
Quarterly Operating Margin	Sep 30, 25	31.77%	+3.1%	-8.2%	-27.6%	+131.1%
Quarterly Net Margin	Sep 30, 25	13.14%	-57.0%	+339.3%	-28.4%	+570.4%

Quarterly Gross Margin Highs

APA Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	38.68%	Sep 30, 25	at high
3Y	48.85%	Mar 31, 23	-20.8%
5Y	57.36%	Mar 31, 22	-32.6%
All	78.24%	Mar 31, 91	-50.6%

Quarterly Gross Margin Lows

APA Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	35.62%	Mar 31, 25	+8.6%
3Y	35.62%	Mar 31, 25	+8.6%
5Y	18.62%	N/A	+107.7%
All	-172.17%	Dec 31, 15	+122.5%

Quarterly Gross Margin History

Month	Value	Change
Sep 2025	38.68%	+6.5%
Jun 2025	36.32%	+2.0%
Mar 2025	35.62%	-3.2%
Dec 2024	36.80%	-10.3%
Sep 2024	41.01%	-1.3%
Jun 2024	41.57%	+8.4%
Mar 2024	38.34%	-19.3%
Dec 2023	47.53%	-1.9%
Sep 2023	48.44%	+10.5%
Jun 2023	43.82%	-10.3%
Mar 2023	48.85%	+2.2%
Dec 2022	47.82%	-2.6%
Sep 2022	49.08%	-12.2%
Jun 2022	55.89%	-2.6%
Mar 2022	57.36%	+27.0%
Dec 2021	45.15%	+5.5%
Sep 2021	42.79%	+4.8%
Jun 2021	40.83%	+20.1%
Mar 2021	33.99%	+82.5%
Dec 2020	18.62%	-13.1%
Sep 2020	21.43%	+209.6%
Jun 2020	-19.55%	-230.1%
Mar 2020	15.03%	+292.2%
Dec 2019	-7.82%	-149.3%
Sep 2019	15.86%	-37.9%
Jun 2019	25.56%	-7.9%
Mar 2019	27.75%	+35.0%
Dec 2018	20.55%	-47.0%
Sep 2018	38.77%	-4.6%
Jun 2018	40.65%	+9.7%
Mar 2018	37.05%	+9.9%
Dec 2017	33.72%	+172.4%
Sep 2017	12.38%	-20.3%
Jun 2017	15.53%	-43.4%
Mar 2017	27.45%	+62.3%
Dec 2016	16.91%	+55.0%
Sep 2016	10.91%	-14.6%
Jun 2016	12.77%	+190.1%
Mar 2016	-14.17%	+91.8%
Dec 2015	-172.17%	-8,021.2%
Sep 2015	-2.12%	-110.1%
Jun 2015	21.09%	+2,108.6%
Mar 2015	-1.05%	-103.9%
Dec 2014	26.66%	-35.3%
Sep 2014	41.23%	-11.6%
Jun 2014	46.66%	-1.6%
Mar 2014	47.44%	+3.9%
Dec 2013	45.64%	-2.2%
Sep 2013	46.66%	+10.0%
Jun 2013	42.42%	-2.6%
Mar 2013	43.56%	-7.1%
Dec 2012	46.89%	+5.1%
Sep 2012	44.63%	-1.7%
Jun 2012	45.41%	-16.2%
Mar 2012	54.17%	-4.9%
Dec 2011	56.95%	-0.1%
Sep 2011	56.99%	-3.6%
Jun 2011	59.12%	+4.0%
Mar 2011	56.82%	+10.4%
Dec 2010	51.45%	-5.7%
Sep 2010	54.55%	-4.9%
Jun 2010	57.37%	-0.4%
Mar 2010	57.61%	+1.0%
Dec 2009	57.06%	+13.6%
Sep 2009	50.23%	+3.2%
Jun 2009	48.69%	+47.9%
Mar 2009	32.92%	+12.4%
Dec 2008	29.29%	-56.9%
Sep 2008	67.94%	-6.1%
Jun 2008	72.37%	+11.2%
Mar 2008	65.06%	+5.2%
Dec 2007	61.83%	+7.7%

Month	Value	Change
Sep 2007	57.41%	+1.5%
Jun 2007	56.56%	+10.4%
Mar 2007	51.21%	-0.3%
Dec 2006	51.36%	-10.5%
Sep 2006	57.37%	-7.9%
Jun 2006	62.30%	-3.3%
Mar 2006	64.44%	-4.7%
Dec 2005	67.65%	-0.1%
Sep 2005	67.70%	+6.5%
Jun 2005	63.56%	+1.4%
Mar 2005	62.67%	+0.2%
Dec 2004	62.56%	-1.1%
Sep 2004	63.28%	+4.6%
Jun 2004	60.49%	+5.6%
Mar 2004	57.30%	+3.7%
Dec 2003	55.27%	-1.5%
Sep 2003	56.09%	+1.9%
Jun 2003	55.07%	-13.9%
Mar 2003	63.95%	+9.4%
Dec 2002	58.48%	+19.9%
Sep 2002	48.78%	>+9,900.0%
Jun 2002	0.00%	0.0%
Mar 2002	0.00%	-100.0%
Dec 2001	36.70%	-27.9%
Sep 2001	50.90%	>+9,900.0%
Jun 2001	0.00%	0.0%
Mar 2001	0.00%	0.0%
Dec 2000	0.00%	0.0%
Sep 2000	0.00%	0.0%
Jun 2000	0.00%	-100.0%
Mar 2000	56.60%	+460.4%
Dec 1999	10.10%	-82.4%
Sep 1999	57.35%	+14.4%
Jun 1999	50.12%	+26.0%
Mar 1999	39.78%	+158.2%
Dec 1998	-68.38%	-263.7%
Sep 1998	41.76%	-7.1%
Jun 1998	44.93%	-3.3%
Mar 1998	46.47%	-28.0%
Dec 1997	64.52%	-0.4%
Sep 1997	64.76%	+3.5%
Jun 1997	62.56%	-0.7%
Mar 1997	63.01%	-2.3%
Dec 1996	64.47%	+0.4%
Sep 1996	64.20%	+3.3%
Jun 1996	62.16%	+5.8%
Mar 1996	58.77%	-0.1%
Dec 1995	58.85%	-2.4%
Sep 1995	60.30%	+1.4%
Jun 1995	59.49%	-0.1%
Mar 1995	59.54%	-10.1%
Dec 1994	66.20%	-0.2%
Sep 1994	66.31%	+0.1%
Jun 1994	66.22%	+1.7%
Mar 1994	65.12%	+29.6%
Dec 1993	50.24%	-23.6%
Sep 1993	65.72%	-3.3%
Jun 1993	67.96%	-1.3%
Mar 1993	68.83%	+0.1%
Dec 1992	68.79%	+7.4%
Sep 1992	64.03%	-1.1%
Jun 1992	64.74%	+2.9%
Mar 1992	62.90%	-7.2%
Dec 1991	67.78%	+7.1%
Sep 1991	63.27%	-12.0%
Jun 1991	71.90%	-8.1%
Mar 1991	78.24%	+22.7%
Dec 1990	63.78%	-17.6%
Sep 1990	77.38%	+5.5%
Jun 1990	73.33%	-0.8%
Mar 1990	73.91%	-

FAQ

What is the current quarterly gross margin of APA?
As of today, APA quarterly gross margin is 38.68%
What is APA quarterly gross margin most recent change?
APA quarterly gross margin was up +6.50% on September 30, 2025
What is 1-year change in APA quarterly gross margin?
APA quarterly gross margin is down -5.68% year-over-year
How far is APA quarterly gross margin from its all-time high?
APA quarterly gross margin is currently -50.56% below its historical high of 78.24% set on March 31, 1991
How does APA quarterly gross margin rank versus sector peers?
APA quarterly gross margin is higher than 78.02% of companies in Energy sector
When is APA next earnings release?
The next earnings release for APA is on February 25, 2026

Gross Margin Formula

Gross Margin =

× 100%

Data Sources & References

APA Official Website www.apacorp.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1841666/000184166625000031/0001841666-25-000031-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1841666/000204026625000007/0002040266-25-000007-index.htm
APA Profile on Yahoo Finance finance.yahoo.com/quote/APA
APA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/apa