APA Corporation
APAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
9,737
Cost of Revenue
5,435
Gross Profit
4,302
Gross Margin
44.2%
Operating Income
3,199
Operating Margin
32.9%
Net Income
804
Net Margin
8.3%
EPS (Basic)
$2.28
EPS (Diluted)
$2.28
EBITDA
4,174
EBITDA Margin
42.9%
2023
12/31/2023
Revenue
8,279
Cost of Revenue
4,052
Gross Profit
4,227
Gross Margin
51.1%
Operating Income
3,358
Operating Margin
40.6%
Net Income
2,855
Net Margin
34.5%
EPS (Basic)
$9.27
EPS (Diluted)
$9.25
EBITDA
4,750
EBITDA Margin
57.4%
2022
12/31/2022
Revenue
11,075
Cost of Revenue
4,820
Gross Profit
6,255
Gross Margin
56.5%
Operating Income
5,082
Operating Margin
45.9%
Net Income
3,674
Net Margin
33.2%
EPS (Basic)
$11.07
EPS (Diluted)
$11.02
EBITDA
7,613
EBITDA Margin
68.7%
2021
12/31/2021
Revenue
7,985
Cost of Revenue
4,445
Gross Profit
3,540
Gross Margin
44.3%
Operating Income
2,692
Operating Margin
33.7%
Net Income
1,135
Net Margin
14.2%
EPS (Basic)
$2.60
EPS (Diluted)
$2.59
EBITDA
3,661
EBITDA Margin
45.8%
2020
12/31/2020
Revenue
4,435
Cost of Revenue
3,530
Gross Profit
905
Gross Margin
20.4%
Operating Income
173
Operating Margin
3.9%
Net Income
-4,784
Net Margin
-107.9%
EPS (Basic)
$-12.86
EPS (Diluted)
$-12.86
EBITDA
-2,642
EBITDA Margin
-59.6%