APA Corporation (APA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,199,000 | 3,358,000 | 5,082,000 | 2,692,000 | 173,000 |
| Revenue | US$ in thousands | 9,737,000 | 8,279,000 | 11,075,000 | 7,985,000 | 4,435,000 |
| Operating profit margin | 32.85% | 40.56% | 45.89% | 33.71% | 3.90% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,199,000K ÷ $9,737,000K
= 32.85%
The operating profit margin of APA Corporation has shown significant improvement over the past five years, increasing from 3.90% as of December 31, 2020, to 32.85% as of December 31, 2024. This upward trend indicates that the company has been able to effectively control its operating expenses relative to its revenue.
The peak operating profit margin of 45.89% as of December 31, 2022, demonstrates a period of particularly strong operational efficiency and profitability for APA Corporation. Despite a slight decrease in the operating profit margin in the subsequent years, the company has maintained a healthy level well above the initial value.
Overall, the positive trend in the operating profit margin suggests that APA Corporation has been successful in managing its costs and enhancing its operational performance, which is crucial for sustainable growth and profitability in the long term.
Peer comparison
Dec 31, 2024