Aureus
BGood

APA Corporation(APA)

B

Financial data as of Dec 31, 2024Improving · Energy

FCF Margin7.3%Free Cash Flow / Revenue
Cash Conversion—Operating CF / Net Income
Free Cash Flow$709.0M
Revenue$9.7B
Net Cash-$5.5BNet debt position
Debt / FCF8.7xElevated debt burden
Current Ratio1.15Adequate short-term liquidity
YoY FCF Growth+81.6%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseB
→
-1High debt-to-FCF ratio (8.7x)
→
+1Strong YoY FCF growth (81.6% YoY)
→
FinalB

Analysis Summary

Strengths

  • Strong YoY FCF growth (+81.6%)
  • FCF trend is improving

Concerns

  • Low FCF margin (7.3%)
  • Heavy debt position ($5.5B)
  • High debt-to-FCF ratio (8.7x)
Cash conversion ratio unavailable or not meaningful

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin7.3%
Net Margin8.3%
Operating CF Margin37.2%
CapEx Ratio29.9%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$5.5BNet debt position
Debt / FCF8.7xElevated debt burden
Current Ratio1.15Adequate liquidity
Debt / Equity1.17Moderate leverage

Quarterly FCF Trend

+81.6% YoYImproving (+81.6%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameAPA Corporation
SectorEnergy
Free Cash Flow$709.0M
Revenue$9.7B
Net Income$804.0M
Operating Cash Flow$3.6B
Capital Expenditure$2.9B
FCF Margin7.3%
Cash Conversion Rate—
Net Margin8.3%
Total Debt$6.2B
Total Cash$625.0M
Net Cash-$5.5B
Current Ratio1.15
Debt / Equity1.17
Debt / FCF8.7x
YoY FCF Growth+81.6%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2024
GradeB
Data SourceYahoo Finance