APA Historical Income Statement

APA Stock

USD 22.77 0.33 1.47%

Historical analysis of APA income statement accounts such as Interest Expense of 347.6 M, Selling General Administrative of 231.5 M or Total Revenue of 6.5 B can show how well APA Corporation performed in making a profits. Evaluating APA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of APA's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining APA Corporation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether APA Corporation is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About APA Income Statement Analysis

APA Corporation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to APA shareholders. The income statement also shows APA investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

APA Income Statement Chart

At present, APA's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 4.8 B, whereas Depreciation And Amortization is forecasted to decline to about 1.5 B.

Selling General Administrative Total Revenue Cost Of Revenue Income Before Tax Extraordinary Items

Total Revenue

Total revenue comprises all receipts APA Corporation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on APA Corporation income statement and represents the costs associated with goods and services APA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on APA income statement and is an important metric when analyzing APA Corporation profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from APA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into APA Corporation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	620M	1.0B	524M	497.8M
Cost Of Revenue	4.4B	4.8B	2.4B	3.2B

Total Operating Expenses Cost Of Revenue

APA income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Extraordinary Items	Net Income From Continuing Ops	Non Recurring	Discontinued Operations	Non Operating Income Net Other	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		-0.17	0.37	0.55	0.42	0.0	0.33	0.32	0.52	-0.11	0.42	0.34	0.15	0.27	0.52	-0.01	0.25	0.27	0.02	-0.15	0.07	-0.08	-0.04	-0.27	0.01	0.01
Interest Expense	-0.17		0.27	-0.26	-0.07	-0.14	-0.07	-0.05	-0.09	-0.08	-0.22	-0.05	-0.07	0.01	-0.24	0.06	-0.67	0.03	-0.24	0.75	0.21	0.71	0.06	0.5	-0.25	-0.1
Selling General Administrative	0.37	0.27		0.78	0.22	0.34	0.12	0.18	0.27	0.26	0.36	0.15	0.18	0.08	0.37	0.13	0.34	0.09	0.06	-0.05	-0.16	0.13	0.0	0.13	0.13	0.34
Total Revenue	0.55	-0.26	0.78		0.45	0.29	0.37	0.41	0.5	0.15	0.57	0.38	0.2	0.28	0.63	0.06	0.64	0.28	0.02	-0.39	-0.04	-0.22	-0.02	-0.21	0.06	0.14
Gross Profit	0.42	-0.07	0.22	0.45		-0.7	0.97	0.97	0.97	-0.81	0.48	0.96	0.34	0.93	0.91	0.26	-0.13	0.94	-0.3	0.33	0.24	0.15	0.13	0.04	-0.16	-0.09
Other Operating Expenses	0.0	-0.14	0.34	0.29	-0.7		-0.77	-0.74	-0.67	0.97	0.08	-0.76	-0.19	-0.81	-0.49	-0.24	0.67	-0.81	0.3	-0.7	-0.34	-0.38	-0.17	-0.21	0.27	0.2
Operating Income	0.33	-0.07	0.12	0.37	0.97	-0.77		0.99	0.96	-0.83	0.28	0.99	0.29	0.98	0.86	0.21	-0.21	0.98	-0.3	0.4	0.35	0.15	0.2	0.07	-0.25	-0.24
Ebit	0.32	-0.05	0.18	0.41	0.97	-0.74	0.99		0.98	-0.81	0.3	1.0	0.38	0.98	0.88	0.22	-0.18	0.98	-0.36	0.37	0.3	0.19	0.18	0.09	-0.23	-0.15
Ebitda	0.52	-0.09	0.27	0.5	0.97	-0.67	0.96	0.98		-0.75	0.38	0.98	0.4	0.94	0.92	0.22	-0.09	0.94	-0.31	0.29	0.26	0.16	0.14	0.03	-0.19	-0.09
Cost Of Revenue	-0.11	-0.08	0.26	0.15	-0.81	0.97	-0.83	-0.81	-0.75		-0.17	-0.82	-0.25	-0.86	-0.6	-0.25	0.56	-0.86	0.34	-0.62	-0.3	-0.31	-0.16	-0.18	0.22	0.19
Total Operating Expenses	0.42	-0.22	0.36	0.57	0.48	0.08	0.28	0.3	0.38	-0.17		0.3	0.29	0.23	0.49	0.13	0.44	0.22	-0.16	-0.29	-0.22	-0.24	-0.1	-0.08	0.26	0.19
Income Before Tax	0.34	-0.05	0.15	0.38	0.96	-0.76	0.99	1.0	0.98	-0.82	0.3		0.4	0.99	0.87	0.2	-0.2	0.99	-0.37	0.38	0.31	0.19	0.18	0.1	-0.24	-0.16
Total Other Income Expense Net	0.15	-0.07	0.18	0.2	0.34	-0.19	0.29	0.38	0.4	-0.25	0.29	0.4		0.4	0.38	0.34	0.19	0.39	-0.53	-0.15	-0.46	-0.11	-0.21	0.39	0.43	0.41
Net Income	0.27	0.01	0.08	0.28	0.93	-0.81	0.98	0.98	0.94	-0.86	0.23	0.99	0.4		0.79	0.14	-0.29	1.0	-0.42	0.45	0.36	0.21	0.22	0.13	-0.29	-0.23
Income Tax Expense	0.52	-0.24	0.37	0.63	0.91	-0.49	0.86	0.88	0.92	-0.6	0.49	0.87	0.38	0.79		0.38	0.12	0.79	-0.15	0.08	0.06	0.08	-0.01	-0.05	0.0	0.14
Minority Interest	-0.01	0.06	0.13	0.06	0.26	-0.24	0.21	0.22	0.22	-0.25	0.13	0.2	0.34	0.14	0.38		0.05	0.15	0.17	0.09	-0.64	-0.09	-0.69	0.25	0.47	0.49
Extraordinary Items	0.25	-0.67	0.34	0.64	-0.13	0.67	-0.21	-0.18	-0.09	0.56	0.44	-0.2	0.19	-0.29	0.12	0.05		-0.3	0.23	-0.92	-0.51	-0.77	-0.28	-0.39	0.47	0.3
Net Income From Continuing Ops	0.27	0.03	0.09	0.28	0.94	-0.81	0.98	0.98	0.94	-0.86	0.22	0.99	0.39	1.0	0.79	0.15	-0.3		-0.44	0.47	0.38	0.24	0.24	0.15	-0.29	-0.24
Non Recurring	0.02	-0.24	0.06	0.02	-0.3	0.3	-0.3	-0.36	-0.31	0.34	-0.16	-0.37	-0.53	-0.42	-0.15	0.17	0.23	-0.44		-0.18	-0.29	-0.24	-0.3	-0.27	0.03	0.25
Discontinued Operations	-0.15	0.75	-0.05	-0.39	0.33	-0.7	0.4	0.37	0.29	-0.62	-0.29	0.38	-0.15	0.45	0.08	0.09	-0.92	0.47	-0.18		0.45	0.73	0.28	0.42	-0.43	-0.29
Non Operating Income Net Other	0.07	0.21	-0.16	-0.04	0.24	-0.34	0.35	0.3	0.26	-0.3	-0.22	0.31	-0.46	0.36	0.06	-0.64	-0.51	0.38	-0.29	0.45		0.47	0.69	-0.09	-0.77	-0.75
Tax Provision	-0.08	0.71	0.13	-0.22	0.15	-0.38	0.15	0.19	0.16	-0.31	-0.24	0.19	-0.11	0.21	0.08	-0.09	-0.77	0.24	-0.24	0.73	0.47		0.27	0.35	-0.47	0.02
Net Interest Income	-0.04	0.06	0.0	-0.02	0.13	-0.17	0.2	0.18	0.14	-0.16	-0.1	0.18	-0.21	0.22	-0.01	-0.69	-0.28	0.24	-0.3	0.28	0.69	0.27		0.23	-0.23	-0.53
Interest Income	-0.27	0.5	0.13	-0.21	0.04	-0.21	0.07	0.09	0.03	-0.18	-0.08	0.1	0.39	0.13	-0.05	0.25	-0.39	0.15	-0.27	0.42	-0.09	0.35	0.23		0.29	0.07
Reconciled Depreciation	0.01	-0.25	0.13	0.06	-0.16	0.27	-0.25	-0.23	-0.19	0.22	0.26	-0.24	0.43	-0.29	0.0	0.47	0.47	-0.29	0.03	-0.43	-0.77	-0.47	-0.23	0.29		0.46
Selling And Marketing Expenses	0.01	-0.1	0.34	0.14	-0.09	0.2	-0.24	-0.15	-0.09	0.19	0.19	-0.16	0.41	-0.23	0.14	0.49	0.3	-0.24	0.25	-0.29	-0.75	0.02	-0.53	0.07	0.46

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APA Account Relationship Matchups

APA income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.7B	2.1B	1.6B	1.6B	1.8B	1.5B
Interest Expense	462M	267M	514M	379M	331M	347.6M
Selling General Administrative	406M	290M	376M	483M	351M	231.5M
Total Revenue	6.3B	4.4B	8.0B	11.1B	8.3B	6.5B
Gross Profit	1.9B	905M	3.5B	6.3B	5.9B	3.3B
Other Operating Expenses	5.9B	4.3B	5.1B	5.8B	2.9B	4.8B
Operating Income	(2.3B)	(1.6B)	1.6B	4.0B	5.2B	5.5B
Ebit	(2.3B)	(4.4B)	2.3B	6.1B	3.2B	3.4B
Ebitda	410M	(2.3B)	3.9B	7.6B	5.0B	2.9B
Cost Of Revenue	4.4B	3.5B	4.4B	4.8B	2.4B	3.2B
Total Operating Expenses	1.5B	732M	620M	1.0B	524M	497.8M
Income Before Tax	(3.0B)	(4.8B)	1.9B	5.7B	2.9B	3.0B
Total Other Income Expense Net	(738M)	(3.2B)	(801M)	(1.1B)	(2.3B)	(2.2B)
Net Income	(3.7B)	(4.9B)	1.1B	3.6B	2.9B	3.0B
Income Tax Expense	674M	64M	578M	1.7B	(324M)	(307.8M)
Net Income Applicable To Common Shares	(3.6B)	(4.9B)	1.1B	3.5B	3.2B	3.3B
Minority Interest	205M	120M	340M	(478M)	(352M)	(334.4M)
Net Income From Continuing Ops	(2.3B)	(4.9B)	1.4B	4.1B	3.2B	3.4B
Non Recurring	(805M)	4.8B	357M	172M	197.8M	187.9M
Tax Provision	674M	64M	578M	1.7B	(324M)	(307.8M)
Net Interest Income	(387M)	(427M)	(514M)	(312M)	(321M)	(337.1M)
Interest Income	22M	13M	7M	10M	9M	9.7M
Reconciled Depreciation	2.7B	1.8B	1.4B	1.2B	1.5B	1.5B

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When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:

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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.186

Dividend Share

Earnings Share

7.04

Revenue Per Share

26.553

Quarterly Revenue Growth

0.104

The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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APA Historical Income Statement

About APA Income Statement Analysis

APA Income Statement Chart

Total Revenue

Cost Of Revenue

Income Before Tax

APA income statement Correlations

APA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

APA income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Income Before Tax	+ 1.0	Ebit
Net Income From Continuing Ops	+ 1.0	Net Income
Ebit	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Operating Income
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax

Discontinued Operations	- 0.92	Extraordinary Items
Net Income From Continuing Ops	- 0.86	Cost Of Revenue
Net Income	- 0.86	Cost Of Revenue
Cost Of Revenue	- 0.83	Operating Income
Income Before Tax	- 0.82	Cost Of Revenue
Cost Of Revenue	- 0.81	Ebit